Pradhan Mantri Kisan Maandhan Yojana (PM-KMY)
A fixed pension of ₹3,000 a month after you turn 60.
India · Pension · Checked October 2026
At a glance
- Pension
- ₹3,000 per month from age 60
- Your contribution
- ₹55 to ₹200 per month, depending on your age when you join
- Government contribution
- Centre matches your contribution 1:1
- Fund manager
- Life Insurance Corporation of India (LIC)
- Family pension
- Spouse receives 50% of the pension after the farmer's death
- Leaving the scheme
- Possible after at least five years of regular contributions; your contribution is returned with interest at the prevailing savings bank rate
- Bihar
- Bihar led enrolments with over 3.4 lakh registrations (as of 6 August 2024)
Who can apply
- Small and marginal farmers aged 18 to 40 with cultivable land of up to 2 hectares, listed in state or UT land records as of 1 August 2019.
- The scheme has exclusion criteria, so check them at the registration point.
How to apply
- Register at a Common Service Centre or through your state government with your Aadhaar, land records and bank account.
- Set up the monthly auto-debit from your bank account.
Documents you usually need
- Aadhaar
- Land records
- Bank account (savings or Jan Dhan)
Go to Maandhan registration portal ↗
Things to know
- Because entry closes at 40 and the pension starts at 60, the benefit comes after at least 20 years.
- Figures on registrations are from the September 2024 government release and will have moved since.
Frequently asked questions
What is PM Kisan Maandhan?
Pradhan Mantri Kisan Maandhan Yojana (PM-KMY): ₹3,000 a month pension from age 60 for small and marginal farmers, with the Centre matching your contribution.
Who is eligible for PM Kisan Maandhan?
Small and marginal farmers aged 18 to 40 with cultivable land of up to 2 hectares, listed in state or UT land records as of 1 August 2019. The scheme has exclusion criteria, so check them at the registration point.
What do you get under PM Kisan Maandhan?
A fixed pension of ₹3,000 a month after you turn 60.
How do I apply for PM Kisan Maandhan?
Register at a Common Service Centre or through your state government with your Aadhaar, land records and bank account. Set up the monthly auto-debit from your bank account.
Read next
- Money Guide for Bihar Farmers: Schemes, Loans, Insurance and Savings (2026)A plain-language guide for Bihar farmers: PM-KISAN, Kisan Credit Card loans, crop insurance, pension and safe places to save, with official sources.
- Where Should a Farmer Keep Small Savings? Post Office, Bank, Pension and InsuranceA simple guide to safe savings for farm families: post office rates for Oct–Dec 2026, DICGC bank cover, the farmer pension and ₹20 accident insurance.
Sources
Details checked on October 2026 against:
General information from official sources, not legal or financial advice. SaveItIndia is not a government website. Schemes change, so confirm amounts, dates and eligibility on the official portal or with your bank before you apply.