PM Kisan Maandhan Yojana 2026: Rs.3,000 Monthly Pension for Farmers - Eligibility, Contribution and Application
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| PM-KMY provides eligible farmers a minimum ₹3,000 monthly pension after age |
PM Kisan Maandhan Yojana 2026: Rs.3,000 Monthly Pension for Small Farmers
The Pradhan Mantri Kisan Maan-Dhan Yojana (PM-KMY) is a voluntary and contributory pension scheme intended to give old-age financial security to eligible small and marginal farmers. A qualifying farmer who joins between the ages of 18 and 40, pays the prescribed contribution and continues in the scheme can receive a minimum assured pension of Rs.3,000 per month after attaining 60 years of age.
The Central Government contributes an amount equal to the farmer's contribution, while the Life Insurance Corporation of India manages the pension fund and pension payments. According to the Press Information Bureau's September 2026 backgrounder, more than 24.96 lakh farmers had enrolled by 6 February 2026.
- Entry age: 18 to 40 years
- Eligible landholding: Cultivable land up to 2 hectares, subject to scheme conditions
- Farmer's contribution: Rs.55 to Rs.200 per month, depending on entry age
- Government contribution: Equal matching amount
- Pension: Minimum assured Rs.3,000 per month after age 60
- Fund manager: Life Insurance Corporation of India (LIC)
- Normal enrolment channel: Nearest Common Service Centre (CSC)
What Is PM Kisan Maandhan Yojana?
PM-KMY is a Central Sector Scheme administered by the Department of Agriculture and Farmers Welfare. It was introduced to create a social-security safety net for small and marginal farmers who may have limited regular income or retirement savings in old age. The scheme is not a one-time cash grant and it does not provide Rs.3,000 immediately after registration. The pension becomes payable after the subscriber reaches 60 years and fulfils the applicable contribution and eligibility conditions.
Main Benefits of PM-KMY
- Old-age pension: A minimum assured pension of Rs.3,000 per month after the eligible subscriber turns 60.
- Equal Government support: The Central Government contributes the same amount as the eligible farmer.
- Family pension: If the subscriber dies after pension starts, the eligible spouse may receive 50% of the subscriber's pension, which is Rs.1,500 per month, subject to scheme conditions.
- Protection before age 60: If a subscriber dies before the pension age after making regular contributions, the spouse may continue the scheme or choose the applicable exit option.
- Flexible payment frequency: Official information permits monthly, quarterly, four-monthly or half-yearly contribution options.
- PM-KISAN debit option: Eligible farmers may authorise their PM-KISAN-linked bank account to pay their voluntary PM-KMY contribution.
PM-KMY Eligibility Criteria
A farmer should satisfy all relevant conditions before applying:
- The applicant should be a small or marginal farmer.
- The applicant should own cultivable land up to 2 hectares according to the concerned State or Union Territory land records.
- The applicant's age at enrolment should be 18 to 40 years.
- The applicant's name should meet the land-record cut-off and verification conditions prescribed under the scheme. The latest PIB backgrounder refers to the State/UT land record as on 1 August 2019.
- The applicant should not fall under any exclusion category.
Who Is Not Eligible?
The following categories are excluded under the official scheme guidelines:
- Farmers already covered under statutory social-security schemes such as NPS, ESIC or EPFO.
- Beneficiaries of Pradhan Mantri Shram Yogi Maan-Dhan (PM-SYM) or Pradhan Mantri Laghu Vyapari Maan-Dhan (PM-LVM).
- Institutional landholders.
- Present or former holders of constitutional posts and specified elected public representatives.
- Serving or retired Government, PSU, autonomous-institution or regular local-body employees, except the exempted MTS/Class IV/Group D categories stated in the guidelines.
- People who paid income tax in the last assessment year.
- Practising doctors, engineers, lawyers, chartered accountants and architects registered with their professional bodies.
PM-KMY Contribution Chart by Entry Age
The contribution remains linked to the age at which the farmer enters the scheme. A younger applicant contributes less because contributions continue for a longer period. The Government deposits an equal matching amount.
| Entry age | Farmer per month | Government match | Total per month |
|---|---|---|---|
| 18 | Rs.55 | Rs.55 | Rs.110 |
| 19 | Rs.58 | Rs.58 | Rs.116 |
| 20 | Rs.61 | Rs.61 | Rs.122 |
| 21 | Rs.64 | Rs.64 | Rs.128 |
| 22 | Rs.68 | Rs.68 | Rs.136 |
| 23 | Rs.72 | Rs.72 | Rs.144 |
| 24 | Rs.76 | Rs.76 | Rs.152 |
| 25 | Rs.80 | Rs.80 | Rs.160 |
| 26 | Rs.85 | Rs.85 | Rs.170 |
| 27 | Rs.90 | Rs.90 | Rs.180 |
| 28 | Rs.95 | Rs.95 | Rs.190 |
| 29 | Rs.100 | Rs.100 | Rs.200 |
| 30 | Rs.105 | Rs.105 | Rs.210 |
| 31 | Rs.110 | Rs.110 | Rs.220 |
| 32 | Rs.120 | Rs.120 | Rs.240 |
| 33 | Rs.130 | Rs.130 | Rs.260 |
| 34 | Rs.140 | Rs.140 | Rs.280 |
| 35 | Rs.150 | Rs.150 | Rs.300 |
| 36 | Rs.160 | Rs.160 | Rs.320 |
| 37 | Rs.170 | Rs.170 | Rs.340 |
| 38 | Rs.180 | Rs.180 | Rs.360 |
| 39 | Rs.190 | Rs.190 | Rs.380 |
| 40 | Rs.200 | Rs.200 | Rs.400 |
Documents Required for PM-KMY Registration
Farmers should normally carry the following to the nearest CSC:
- Aadhaar card
- Bank passbook or correct bank-account details
- Mobile phone and active number for OTP verification
- Land-record details, if requested for eligibility verification
- Nominee and spouse details
- The first contribution amount applicable to the applicant's age
Applicants should ensure that their name, date of birth and bank details are consistent across the supporting records. A mismatch can delay mandate approval or contribution auto-debit.
How to Apply for PM Kisan Maandhan Yojana
- Visit the nearest authorised Common Service Centre (CSC) with the required documents.
- Ask the Village Level Entrepreneur to check basic PM-KMY eligibility.
- Provide Aadhaar, date of birth, address, bank, spouse and nominee details.
- Complete Aadhaar and mobile verification as required.
- Select the contribution option and sign the enrolment-cum-auto-debit mandate.
- Pay the first prescribed contribution.
- Collect the acknowledgement, unique Pension Account Number and PM-KMY pension card after successful registration.
- Keep sufficient balance in the linked bank account before each contribution due date.
Important Official Links
Frequently Asked Questions
1. Does every farmer automatically receive Rs.3,000 per month?
No. PM-KMY is a voluntary contributory pension scheme. An eligible farmer must enrol, make the applicable contributions and meet the scheme conditions. The pension starts after the subscriber attains 60 years of age.
2. How much does a farmer contribute?
The farmer's monthly contribution ranges from Rs.55 at entry age 18 to Rs.200 at entry age 40. The Central Government contributes an equal amount.
3. Can a farmer above 40 years join PM-KMY?
The notified entry-age group is 18 to 40 years. A person who has already crossed 40 is not eligible for fresh enrolment under the existing entry-age rule.
4. Is PM-KMY the same as PM-KISAN?
No. PM-KISAN is an income-support scheme, while PM-KMY is an old-age contributory pension scheme. However, an eligible farmer may authorise payment of the PM-KMY contribution from the bank account receiving PM-KISAN benefits.
5. What happens to the spouse after the pensioner's death?
Subject to the scheme conditions, the spouse may receive a family pension equal to 50% of the subscriber's pension - normally Rs.1,500 per month. Family pension is available only to the spouse.
6. Where can farmers apply?
The latest official process highlights enrolment through the nearest authorised Common Service Centre. Applicants should use only official Government websites to confirm any online facility.
Related Updates on The Complete School
- Latest Government Schemes and Benefits
- PM-KISAN and Farmer-Related Updates
- Latest Education and Government Job Updates
- Visit The Complete School Homepage
Conclusion
PM Kisan Maandhan Yojana can help eligible small and marginal farmers build a modest source of regular income for old age. The key points are to enrol within the 18-40 age limit, verify landholding and exclusion conditions, choose the correct contribution amount and maintain sufficient balance for periodic auto-debits. Farmers should read the latest official instructions or obtain guidance at an authorised CSC before registration.
