The Prime Minister’s Kisan Samman Nidhi scheme, introduced by the central government, has unveiled a wealth of benefits for farmers, including the recent disbursement of the 17th installment of ₹2,000 directly into their bank accounts. PM Narendra Modi personally released this installment during a gathering in Varanasi, bringing smiles to the faces of many farmers.
There is also a scheme running for small and marginal farmers, through which you can receive a benefit of ₹3,000 pension every month. This scheme is none other than the PM Kisan Maan Dhan Yojana. The scheme is like a significant gift for farmers, and to join it, you need to understand several important aspects. If you wish to avail the benefits of this scheme, first understand some crucial details to avoid any complications.
These farmers will get pension every month
The PM Kisan Maan Dhan Yojana proves instrumental in securing the elderly farmers’ future, offering substantial benefits on a large scale. Under this scheme, farmers can avail a monthly pension of ₹3,000, requiring a clear understanding of essential aspects. Firstly, it is crucial that your name is linked with the PM Kisan Samman Nidhi Yojana to qualify for these benefits.
To participate in this scheme, you must be between 18 and 40 years old. Your investment amount will vary depending on your age. If you plan to join the scheme at the age of 18, you will need to invest ₹55 per month. For those investing at 30 years of age, the monthly investment requirement increases to ₹110. Additionally, if you are planning to join at the age of 40, you will need to invest ₹220 per month.
After what age will you get pension every month?
The benefit of the PM Kisan Maan Dhan Yojana will accrue to those individuals who fulfill all investment conditions and reach the age of 60. Upon reaching 60 years of age, they will receive a monthly pension of ₹3,000. This translates to an annual pension of ₹36,000 for farmers, which you can also take advantage of. Therefore, it is crucial that you join the scheme in a timely manner.