The PM Kisan Samman Nidhi Yojana continues to support India’s farmers, with the 18th installment set to benefit millions of agricultural workers across the nation.
This installment is slated to transfer ₹2000 directly into the accounts of eligible farmers, offering them financial relief to tackle daily expenses.
The Government of India has announced that the funds for this installment will be distributed in October 2024.
This article will guide you through the important details about the PM Kisan 18th Installment, including eligibility criteria, the benefits of the scheme, and the process to check your payment status online.
Overview of PM Kisan 18th Installment
The PM Kisan Samman Nidhi Scheme was launched to offer direct financial support to small and marginal farmers across India.
The 18th installment under this initiative is particularly significant as it will directly transfer ₹2000 into the bank accounts of eligible farmers.
The ₹20,000 crore allocated for this installment will benefit farmers across the country, helping them with financial stability.
This transfer is expected to be done through the Direct Bank Transfer (DBT) method, eliminating any need for intermediaries.
Key Details of PM Kisan 18th Installment
| Scheme Name | PM Kisan Samman Nidhi 2024 |
| Launched by | Government of India |
| Launch Date | February 24, 2019 |
| Amount Transferred | ₹2000 |
| Mode of Payment | Direct Bank Transfer (DBT) |
| Release Date | October 2024 |
| Helpline Numbers | 155261 / 011-24300606 |
| Official Website | pmkisan.gov.in |
Eligibility Criteria for PM Kisan 18th Installment
To receive the PM Kisan 18th Installment, applicants must meet certain eligibility requirements. These include:
- Indian Citizenship: The applicant must be a citizen of India.
- Farmer Category: Only small and marginal farmers are eligible for this scheme.
- Non-Retired: Individuals who are retired and receive a pension of ₹10,000 or more per month are not eligible.
- Exclusion of Professionals: Professionals such as doctors, engineers, and lawyers who work in the legal, medical, or engineering sectors are excluded from the scheme.
Benefits of PM Kisan Yojana
The PM Kisan Samman Nidhi Yojana offers numerous advantages to the country’s farming community. The primary benefit is the financial assistance of ₹2000, which is credited directly to the bank accounts of farmers.
This timely payment helps farmers manage their daily needs without relying on external support.
Additionally, the Direct Bank Transfer (DBT) method ensures that funds are transferred directly, eliminating intermediaries and reducing delays.
Farmers can easily check their payment status online, making the entire process more transparent and convenient.
Documents Required for PM Kisan 18th Installment
Before applying for the PM Kisan 18th Installment, it’s important to have the necessary documents ready. The following documents are required to verify eligibility:
- Aadhar Card for identification.
- Mobile Number linked with your Aadhaar account.
- Proof of Address such as a utility bill or ration card.
- Registration Number for the PM Kisan scheme.
How to Check the Status of PM Kisan 18th Installment
Farmers can easily check the status of their 18th Installment through the official PM Kisan website. The process is simple and can be done from the comfort of their homes. Here’s how you can check your payment status:
- Visit the Official PM Kisan Website: Go to pmkisan.gov.in.
- Click on ‘Check Payment Status’: On the homepage, you will find an option to check your payment status.
- Enter Required Details: You will need to enter your Registration Number, Aadhaar Number, and Mobile Number.
- Verify with OTP: An OTP will be sent to the mobile number linked with your account. Enter this OTP to proceed.
- View Payment Status: After successful verification, the status of your PM Kisan 18th Installment will be displayed on the screen.
PM Kisan Yojana: How to Update Your Bank Account Details & Ensure Timely Payments
This topic could provide step-by-step guidance on how beneficiaries can update their bank account details (in case of changes like switching banks or account number), ensuring they continue to receive timely transfers of their PM Kisan installments.
You could explore the following aspects:
- Why updating bank account details is crucial for PM Kisan beneficiaries?
- How to update bank account details on the PM Kisan portal?
- Common mistakes to avoid when updating details.
- The impact of not having updated bank details on receiving payments.
- How to check if the updated details have been successfully registered?
This topic would be useful for farmers who may face issues with the Direct Bank Transfer (DBT) system, especially if there are changes in their bank account information.
Conclusion
The PM Kisan Samman Nidhi Yojana continues to play a crucial role in providing financial assistance to small and marginal farmers in India.
The 18th installment, with ₹2000 being directly transferred to eligible beneficiaries, marks a significant step toward improving the financial stability of farmers.
The online system for checking the payment status has made it easier for farmers to access information quickly and without any hassle.
This initiative not only provides immediate relief but also contributes to the long-term welfare of India’s agricultural community.
People May Ask
Q1: When is the PM Kisan 18th Installment expected to be released?
The 18th installment of the PM Kisan Yojana is scheduled to be released in October 2024.
Q2: How much will I receive in the 18th installment?
Each eligible farmer will receive ₹2000 as part of the 18th installment under the scheme.
Q3: How can I check the status of my PM Kisan payment?
You can check the status of your payment by visiting the official PM Kisan website, entering your registration number, Aadhaar number, and mobile number, and verifying the information with an OTP.
Q4: What are the eligibility criteria for the PM Kisan Yojana?
To be eligible, you must be a small or marginal farmer, an Indian citizen, and not a retired person receiving a pension of ₹10,000 or more. Additionally, professionals in fields such as law, medicine, and engineering are excluded.
Q5: What documents do I need to check my PM Kisan payment status?
To check your payment status, you need your Aadhar Card, Mobile Number linked to Aadhaar, Proof of Address, and PM Kisan Registration Number.
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