PRADHAN MANTRI FASAL BIMA YOJANA (PMFBY)
Current Vacancy

Pradhan Mantri Fasal Bima Yojana (PMFBY)

The Pradhan Mantri Fasal Bima Yojna (PMFBY) was introduced on 14th January 2016, in a move aimed at reducing agricultural distress and farmer’s welfare without having to affect hefty hikes in the Minimum Support Prices (MSP) of agricultural products prices due to Monsoon fluctuations induced risks The PMFBY Scheme operates on the basis of ‘Area Approach’ i.e., Defined Areas for each notified crop for widespread calamities.

Information In Hindi:

बीमा के लाभ:

  1. कम वर्षा या प्रतिकूल मौसम के कारण फ़सल बुवाई ना कर पाना/ अंकुरण विफल होने पर क्लैम।
  2. जलभराव, आकाशीय बिजली , भुस्खलन, बादल फटना और ओला के कारण नुक़सान होने पर खेत स्तर पर क्लैम।
  3. कटाई के १४ दिन तक चक्रवात/चक्रवर्ती वर्षा /बेमौसमी वर्षा के कारण हुए नुक़सान का खेत स्तर पर क्लैम।
  4. पूरे गांव / ग्राम पंचायत / ब्लॉक की अंतिम उपज के आधार पर अंतिम दावा निपटान।

पात्रता:


ऋणी:
सभी किसान जिन्होंने सहकारी बैंक या समिति से अल्पकालिक ऋण लिया है/ केसीसी कार्डधारक जिनके पास सीजन के लिए स्वीकृत सीमा है, रेकोर्ड में दर्ज भूमि एव फ़सल के आधार पर अनिवार्य रूप से कवर किया जाएगा। “अगर किसान के द्वारा कोई दूसरी फ़सल बोई जाती है या भूमि का रक़बा अलग है तो आप कट ऑफ तारीख से पहले, अपनी बैंक शाखा से संपर्क करे, ताकि सही फ़सल/ भूमि का प्रीमीयम लिया जाय”

गैरऋणी: अन्य सभी किसान, सहभागिता/किरायेदार भी अपने पास की बैंक शाखा/सि एस सि केंद्र/अधिकृत बीमा एजेंट के माध्यम से निम्नलिखित कागजात के साथ कट ऑफ तारीख से पहले फसल बीमा करा सकते है:

  1. बचत खाता पासबुक की प्रतिलिपि।
  2. आधार संख्या की प्रतिलिपि।
  3. भूमि दस्तावेज की प्रतिलिपि।
  4. जमीन का विवरण और फसल बुवाई का स्वयं घोषित घोषणा पत्र।
  5. राज्य सरकार द्वारा आवश्यक / निर्दिष्ट कोई अन्य दस्तावेज।

दावा: खेत स्तर पर कलेम के लिए आपको बीमा कमपनी/बैंक/कृषि विभाग अथवा टोल फ्री नंबर पर अगले 72 घंटे मे अनिवार्य रूप से कलेम दर्ज कराना होगा। गाम् पंचायत/अधिसूचित स्तर पर फसल कटाई के प्रयोग के आधार पर दावा सीधे खाते मे जमा होगा।

KEY FEATURES

  • Providing financial support to farmers suffering crop loss/damage due to unforeseen events
  • Stabilizing the income of farmers
  • Encouraging farmers to adopt innovative and modern agricultural practices
  • Ensuring flow of credit to the agriculture sector
  • Three level of indemnity 70, 80 and 90
  • Sum Insured equivalent to scale of finance
  • The scheme envisages many new things such as utilizing innovative technologies like satellite imagery, vegetation indices, etc. coupled with the mandatory usage of smartphones/handheld devices for increasing the speed and accuracy during yield estimation.
  • Digitization of CCEs including geo-tagging, date-time stamping and photographs
  • Single series data for production estimates and insurance
  • Access to Insurance Company for co-observance of CCEs
  • Written information to IC about CCE schedule by State Govt.
  • Usage of RST, Drone and Mobile technology to aid CCEs and yield assessment

Premium Rates:

Season Crops Maximum Premium payable by farmer (% of Sum Insured)*
Kharif All food grain and Oilseeds crops (all Cereals, Millets, Pulses and Oilseeds crops) 2.0% of SI or Actuarial rate, whichever is less
Rabi All food grain and Oilseeds crops (all Cereals, Millets, Pulses and oilseeds) 1.5% of SI or Actuarial rate, whichever is less
Kharif and Rabi Annual Commercial/ Annual Horticultural crops 5% of SI or Actuarial rate, whichever is less
Perennial horticultural crops (pilot basis) 5% of SI or Actuarial rate, whichever is less

To Calculate Premium Visit  https://pmfby.gov.in/ and click Insurance Premium Calculator.

District and Crops Covered:

Rabi 2016-17:Districts and Crops covered by Shriram General Insurance Under PMFBY Scheme.

ELIGIBILITY

All farmers including sharecroppers and tenant farmers growing the notified crops in the notified areas are eligible for coverage. However, farmers should have insurable interest for the notified/ insured crops. The non-loanee farmers are required to submit necessary documentary evidence of land records prevailing in the State (Records of Right (RoR), Land possession Certificate (LPC) etc.) and/ or applicable contract/ agreement details/ other documents notified/ permitted by concerned State Government (in case of sharecroppers/ tenant farmers).

Compulsory Component: All farmers availing Seasonal Agricultural Operations (SAO) loans from Financial Institutions (i.e. loanee farmers) for the notified crop(s) would be covered compulsorily. Voluntary Component: The Scheme would be optional for the non-loanee farmers.

Crop Coverage: The crops that are covered under the PMFBY scheme are mentioned as below.
1) Food crops (Cereals, Millets and Pulses)
2) Oilseeds
3) Annual Commercial / Annual Horticultural crops.


Risk Coverage under PMFBY scheme:

a)Prevented Sowing/ Planting Risk: When the Insured area is prevented from sowing/ planting due to deficit rainfall or adverse seasonal conditions, claims up to 25% of sum insured are payable to the farmers.
b)Standing Crop (Sowing to Harvesting) : Comprehensive risk insurance is provided to cover yield losses due to non- preventable risks (Drought, Dry spells, Flood, Inundation, Pests and Diseases, Landslides, Natural Fire and Lightening, Storm, Hailstorm, Cyclone, Typhoon, Tempest, Hurricane and Tornado).
c) Post-Harvest Losses: Coverage is available only up to a maximum period of two weeks from harvesting for those crops which are allowed to dry in cut and spread, small bundled condition in the field after harvesting against specific perils of cyclone and cyclonic rains and unseasonal rains.
d) Localized Calamities: Loss/ damage resulting from occurrence of identified localized risks of hailstorm, landslide, Cloud burst , natural fire due to lightening and Inundation affecting isolated farms in the notified area.


Risk Coverage under RWBCIS scheme
Under RWBCIS, extreme weather conditions (like excess/ deficit rainfall, high/ low temperature, continuous humidity, etc.) which may result in losses to the crops are covered.

Our Presence and Statics

State Farmer covered Sum insured (Lac) Total Premium (Lac) Claim (Lac)
Karnataka Rabi 2016-173,45,51576,071  13,089  23,112
Jharkhand Rabi 2016-17 33,515 7,979 447  153
Maharashtra Rabi 2016-1725,71423,168 3,557  2707

Restructured Weather Based Crop Insurance Scheme Ambiya Bahar 2016-17 (Fruit Crop & District wise Information)

Awareness Activity: Rabi 2016-17

How TO EnrolL

Loanee farmers (Compulsory coverage) Whenever banks sanction loan for a notified crop in a notified area, the crop loan amount only to the extent of Scale of Finance for notified crops and acreage of individual notified crops of loanee farmers shall be taken into consideration for compulsory coverage. Loan disbursing bank branch/ PACS will finance the additional loan towards premium amount payable by farmer for crop insurance. 

Non-loanee farmers (Optional coverage) Farmers desirous of availing insurance shall fill up Proposal Form of the Scheme and submit the same to nearest bank branch or CSC centre (Click here for CSC Locator) or authorized channel partner of Shriram general insurance intermediaries. (SGI Branch Locator) Non-Loanee farmer may submit insurance proposals personally / through ‘on-line portal’ of concerned insurance company or crop insurance portal designed by Government for the purpose. Click here Insurance companies retain the right to accept or reject insurance proposal(s) in case proposal is incomplete, not accompanied by necessary documentary proof or insurance premium ordinarily.

Click Here to Download Proposal Form

HOW TO CLAIM

In Wide spread Calamity

  • Crops damaged over wider area due to
  • Draught, Dry Spell,
  • Flood, Inundation,
  • Pests & Diseases,
  • Natural Fire & Lightening,
  • Storm, Hailstorm,
  • Cyclone, Typhoon, Tempest, Hurricane & Tornado
  • Formula - ((Threshold Yield - Actual Yield)/Threshold Value) X Sum Insured
  • Payment of claim only after premium receipt

On account Claim Payment

  • Crops damaged due to floods, prolonged dry spell & severe drought
  • Likely damage is more than 50% of TY
  • Joint loss assessment survey by State & Insurers with 15 days
  • Only 25% of likely claims to be paid on-account
  • Use of proxy indicators to aid loss assessment
  • On-account claims to be adjusted against Final claims
  • Formula ((Threshold Yield - Actual Yield)/Threshold Value) X Sum Insured X 25% .
  • Payment of claim only after premium receipt

Prevented/Failed Sowing/Planting/Germination Claims

  • Invoked if more than 75% crop sown area remained unsown/unplanted for notified Major crop
  • 25% of Sum Insured to be paid as claim and policy terminates
  • Use of proxy indicators to aid loss assessment
  • Payment of claim only after premium receipt

Post Harvested Loss Claim

  • Crops in cut and spread, small bundled condition for the purpose of sun drying in the field damaged due to
  • Cyclonic Rains,
  • Unseasonal Rain Fall,
  • This cover is available across the country
  • This could be localized event or wide spread event
  • Event to be reported within 72 hours to Insurance Company by the Farmers, Banks, Block/Tehsil/District/State administration directly or through common call centre
  • Loss assessment to be completed in 10 days
  • Claims = Sum Insured X %age of estimated loss
  • Payment of claim only after premium receipt

Localized Calamity Claim

  • Crops damaged at individual farm level due to
  • Hailstorm,
  • Cloud Burst, Natural Fire due to lightening
  • Landslide
  • Inundation
  • This cover is available across the country
  • This could be localized event or wide spread event
  • Event to be reported within 72 hours to Insurance Company by the Farmers, Banks, Block/Tehsil/District/State administration directly or through common call centre
  • Loss assessment to be completed in 10 days
  • Claims = Sum Insured X %age of estimated loss
  • Payment of claim only after premium receipt

Important Conditions

  • Complete premium should have been receipted before claim payment
  • Loan sanctioning and premium remittance without raising crops doesn’t guarantee insurance acceptance
  • Negligence/willful non-adherence by Banks lead to claim payment by the banks itself.
  • Substantial misrepresentation by insured/banks , the concerned entity will only be responsible

Training & Information

For Trainingin formation documents,Visit https://pmfby.gov.in/tutorials/

Grievance Redressal

Shriram General Insurance Co. Ltd.
E-8, EPIP, RIICO Industrial Area, Sitapura, Jaipur - 302022 (Raj.)
Email: cropinsurance@shriramgi.com
Or call us at 1800-300-30000, +91-141-3996767
For more Assistance, Visit
http://www.ecoi.co.in/ombudsman.html 

Need help, Fill the below mentioned form:- 



PMFBY Help Desk:-
For any query, call us on: 011-23382012 Followed by Ext. no. 2715/2709 (Timing :10am - 6pm, Monday - Friday) Direct Helpline Number: 011-23381092 (Timing :10am - 6pm, Monday - Friday)
You can send queries at help.agri-insurance@gov.in Visit: https://pmfby.gov.in/

Important Links

PMFBY:- https://pmfby.gov.in/
Agriculture Cooperation & Farmers Welfare :- http://agricoop.nic.in/
Farmers Portal:- https://farmer.gov.in/
CSC Locator: http://locator.csccloud.in/
Farmers Portal Mobile App:  https://farmer.gov.in/mobileappsdownload.aspx
States Agriculture Departments:  https://farmer.gov.in/StateAgriDepartments.aspx

FAQ Frequently Asked Questions(FAQs)

1. What is Pradhan Mantri Fasal Bima Yojana? Pradhan Mantri Fasal Bima Yojana provides protection to farmers for the losses occurring due to uncertainty and unfavorable weather vagaries resulting in crop losses on field.

2. What are the reasons due to which crop gets affected and risks covered? Natural disaster, pest attacks and weather vagaries such excess or deficit rainfall, excess or deficit temperature, humidity, frost, wind speed etc.

3. How is the assessment of claim done?

(a) If the Actual yield per hectare of insured crops for the insurance unit (calculated on the basis of requisite no. of CCEs) in insured season falls short of specified Threshold yield, all insured farmer in that defined area and crop are deemed to have suffered shortfall in yield. ‘Claim’ shall be calculated as per the following formula:((Threshold Yield - Actual Yield)/Threshold Value) X Sum Insured Where,Threshold yield is the average yield of best five of past seven years.

(b) Settlement of claim to the farmers would commence once premium subsidy from Central and State/ UT Govt. have been received for the season by insurance company.

(c) After receiving the claim amount from concerned insurance companies,  the  financial  institution/  banks should remit the claim amount to beneficiaries farmer account within 1  week  and  should  display the complete details of beneficiaries at branch offices within 7 days and send the report to insurance companies along with utilization certificate for verification and audit.

(d) In case of farmers covered through voluntary basis i.e. Intermediaries, payable claim will be directly credited into individual farmer accounts with an intimation of claim details by insurance company.

4. What are the Premium Rates charged under this scheme? Actuarial premium rates to be charged under PMFBY scheme are as follow:-

(a) For Kharif Crops, the maximum premium rates payable by the farmers is 2 % of Sum Insured or Actuarial premium rate whichever is less.

(b) For Rabi Crops, the maximum premium rates payable by the farmers is 1.5 % of Sum Insured or Actuarial premium rate whichever is less. For Kharif and Rabi Crops, the maximum premium rates payable by the farmers  is  5 % of Sum Insured or Actuarial premium rate whichever is less.

5. How is prevented sowing claim applicable for farmers? Prevented Sowing/ Planting Risk: In case of majority of insured crops of a notified area are prevented from sowing/planting due to adverse weather conditions such as deficit rainfall or adverse seasonal conditions, the insured crops that will be eligible for indemnity claims upto maximum of 25% of the sum-insured. I Coverage is applicable to farmers in case of widespread incidence of eligible risks affecting crops in more than 75% of area sown in a notified unit at early stage leading to total loss of crop or farmer is not in a position to either sow or transplant the crop (or) either sowing or germination of crop due to deficit or excess rain fall.IIEligibility Criteria: Only those farmers who have paid the premium / the premium has been debited from their account before the damage. The State Government would provide Notified Insurance Unit and crop wise normal area sown at the beginning of the season within 15 days. “Prevented Sowing/ Planting” pay-out only if more than 75% of Crop Sown Area for notified crop remained unsown due to occurrence of any of the above perils.IIILoss assessment procedure: The cover will be available for major crops only • The payout will be 25% of total sum insured and the policy will be terminated after that. Note: The Insurance company will disburse claims within 30 days of State Govt. notification / order, subject to receipt of premium, as per scheme guidelines.

6.What is the coverage provided during standing crop stage for farmers? Standing Crop (Sowing to Harvesting): Comprehensive risk insurance is provided to cover yield losses due to non- preventable risks, viz. Drought, Dry spells, Flood, Inundation, Pests and Diseases, Landslides, Natural Fire and Lightening, Storm, Hailstorm, Cyclone, Typhoon, Tempest, Hurricane and Tornado during the standing crop stage. I. On account payment of claims due to mid season adversity of claims is applicable for standing crops in case of floods, prolonged dry spells, severe drought etc , where expected yield will be less than 50%. II. Eligibility Criteria for farmers who have paid the premium or whose premium has been debited from their account before the damage.Note: If adversity occurs within 15 days before the normal harvest time, this provision will not be invoked. The provision is invoked by the State Government through damage notification based on the proxy Indicators.I Loss assessment procedure: Joint Loss Assessment so conducted with government and if applicable the On-account payment would be calculated as per following formula(Threshold Yield - Estimated Yield) × Sum Insured × 25% Threshold Yield Note: Maximum amount payable would be 25% of the likely claims, subject to adjustment against final claims. Time frame for loss assessment and submission of report Eligibility on account Loss Details will provided by government with in 7 days after the damage. Loss assessment will be completed with in 15 days after the damage.

7. If the crop is harvested is loss covered after that also and to what extent? Post-Harvest Losses: coverage is available only up to a maximum period of two weeks from harvesting for those crops which are allowed to dry in cut and spread condition in the field after harvesting against specific perils of cyclone and cyclonic rains and unseasonal rains. I The damage to the harvested crop after “cut and spread” in field due to cyclone, cyclonic rains and unseasonal rains throughout the country resulting in damage to harvested crop Maximum period is two weeks (14 days) from harvested date to drying purpose II. Eligibility criteria: Only those farmers who have paid the premium / the premium has been debited from their account before the damage Damaged by specified perils, up to 14 days after the harvesting is done.III. Loss assessment procedure: Farmer needs to provide Intimation with in 72 hrs after the damage should be provided on our call center number 1800 300 30000 and Intimation must contain details of survey number-wise insured crop and acreage affected Farmer should also subsequently provide the filled Claim form along with all relevant documents as requisite for payment of claims. The Loss assessor will be appointed and assessment will be completed within stipulated timelines post which the claims will be settled after the loss assessment report is finalized, subject to receipt of premium, as per scheme guidelines.

8. Is landslide and hail covered and how to claim ? Localized Calamities: Loss/ damage resulting from occurrence of identified localized risks of hailstorm, landslide, and Inundation affecting isolated farms in the notified area. IV. If crop losses occur due to any localized perils/calamities such as Landslide, Hailstorm and inundation which affect part of a notified unit or a plot the farmer is eligible to claim for a localized calamity V. Eligibility criteria: Only those farmers who have paid the premium / the premium has been debited from their account before the damage can claim. Note: Maximum pay-out would be in proportion to cost of inputs, incurred up to the occurrence of insured peril, subject to the sum insured. If the payout under area approach  (based  on  CCEs  data) is more  than localized losses, the higher claims of two will be payable to insured farmers, subject to receipt of premium ,as per scheme guidelines VI.Loss assessment procedure: Farmer needs to provide Intimation with in 72 hrs after the damage should be provided on our call center number 1800 300 30000 and Intimation must contain details of survey number-wise insured crop and acreage affected. Farmer should also subsequently provide the filled Claim form along with all relevant documents as requisite for payment of claims. The Loss assessor will be appointed and assessment will be completed within stipulated timelines post which the claims will be settled after the loss assessment report is finalized. For claims related queries customer can call our call center 1800 300 30000.Note : Losses arising out of war and nuclear risks, malicious damage and other preventable risks shall be excluded.

9. Which crop can be covered under this scheme? a.Food Crops e.g cereals , millets and pulses b. Oilseeds e.g groundnut c. Annual Commercial /Annual Horticulture Crops e.g fruits and vegetables 

10. What would be the Normal Premium subsidy ratio? a. Difference between actuarial premium rate and farmer payable premium rate shall be treated as Normal premium subsidy rate, which shall be shared equally by Central and State Govt.b. Some States do provide additional subsidy over and above the stipulated subsidy from its budget as per their norms and farmers can check the status on Govt website on the same.

11. What is the farmer eligibility to be covered under PMFBY? All Farmer having insurable interest can be covered under these scheme including sharecroppers and tenant farmers. Further, Covered farmer are divided under 2 components:-a.Compulsory Component All farmers availing Seasonal Agricultural Operations (SAO) loans from Financial Institutions (i.e. loanee farmers) for the notified crop(s) would be covered compulsorily.It is mandatory for all loanee cultivators to insist on insurance coverage as per provisions of the Scheme. I Any change in crop plan should be brought to the notice of the bank within one week of sowing. II Insurance Proposals are accepted only upto a stipulated cut-off date as declared by the SLCCCI b.Voluntary Component The Scheme would be optional for the non-loanee farmers and cultivators desirous of availing insurance under PMFBY for any notified crop in any notified insurance unit may approach nearest bank branch/ PACS/ authorized channel partner/ insurance intermediary  of  insurance  company within cut-off date, fill-up proposal form completely in prescribed format, submit form and deposit requisite premium to bank branch/ Insurance Intermediary / CSC Centers along with necessary documentary evidence regarding his insurable interest in cultivating land/ crop (e.g. ownership/ tenancy/ cultivation rights) proposed for insurance.

  • The farmer desiring for coverage should open/operate an account in the branch of the designated bank, and the details should be provided in the proposal form.
  • The farmers should mention their land identification number in the Proposal and must provide documentary evidence with regard to possession of cultivable land. The cultivator must furnish area sown confirmation certificate.
  • The farmer should ensure that he gets insurance coverage for a notified crop(s) cultivated/proposed to be cultivated, in a piece of land from a single source only. No duplicate or double Insurance is allowed and in any such cases farmer will not be eligible for coverage. The insurance company shall reserve the right to repudiate all such claims and not refund the premium as well in such cases.
  • Company may also take legal action against such farmers.
  • Scheme also aims a covering maximum farmers under SC/ ST/ and Women Farmers under both these components.

12. What is the extent of coverage available for the crops? Coverage is not provided for 100% of the crop value. The Sum Insured is basis the cost of input of cultivation of crop. Then basis the riskiness of the crop the level of indemnity is fixed at district and crop level in different levels such as - 70% corresponding to  High Risk, 80% to Moderate Risk  and 90% to Low Risk. State level crop coordination committee in the state  approves  the  respective scale of finance and Indemnity level for notified crop and area prior to tender process in the States. Hence the coverage for the farmer is basis the final amount declared by the State level crop coordination committee.

13.Is there any timelines for enrollment for PMFBY ? All enrolments need to necessarily be completed within  the  cutoff date as defined in the respective State Government notification and farmer share of premium duly remitted by the Bank or Intermediary within the cut off date to the Insurance Company. Incase of any delays beyond the cut off dates the Insurance company has the right to reject coverage

14.What is the objective of implementation of PMFBY scheme? PMFBY is a risk mitigation tools aims at providing financial support and stabilizing the income of farmers to ensure their continuance in farming. It covers the perils to the crops arising out of unforeseen events at all stages, i.e. from sowing to post harvest. It also encourages the farmers to adopt the modern and innovative agriculture practices in order to have a stabilize income and sustainable production in agriculture sector.

15.What is Sum Insured Limit for individual farmer? Sum Insured for individual farmer is equal to scale of finance per hectare multiplied by area of notified crop by the farmers for insurance.

16. What is the basis of settlement of claims for farmer? The Threshold Yield (TY) shall be the benchmark yield level at which Insurance protection shall be given to  all the insured farmers in an Insurance Unit . The threshold of the notified crop will be moving average of yield of last seven years excluding yield upto two notified calamity years multiplied by Indemnity level. The final claims payable will be basis the actual shortfall in yield from the threshold yield.

17.What are the Preconditions for the State for implementation of this scheme? a.State/ UT should conduct requisite number of Crop Cutting Experiments (CCEs) at notified insurance unit area on a sliding scale basis. b State/ UT to submit CCE based yield data to insurance companies within the prescribed time limits i.e. within one month from the date of final harvest. c. State/ UT should facilitate strengthening of automatic weather station network for the purpose of on account payment settlement. d. State/ UT to adopt modern technology for conduct of CCEs.

18.What is the collection process of proposal and premium from loanee farmers?a.Loanee Farmer under Compulsory component – Financial institutions Based on seasonality of Crops, banks should separately calculate the eligibility of loan amount for both Kharif and Rabi seasons based on the scale of Finance and declared acreage of individual loanee farmer under notified crops and shall be taken into consideration for compulsory coverage. Crop loan under Kisan Credit Cards (KCC) are also covered under compulsory coverage through banks and shall maintain all records relating to compliance with these scheme. Nodal Bank will be responsible for collection of proposal and premium from loanee farmer. Individual bank branches for Commercial Banks/ RRBs shall act as Nodal branch. Necessary  guidelines to concerned bank branches will be governed by concerned Lead bank and Regional offices/ Administrative offices of commercial banks/ RRBs. Declaration submitted by Nodal banks/ Branches shall contain details about Insurance Unit, sum insured per unit, premium per unit, total area insured, and category of farmers covered (small and marginal or other) and number of farmers under other categories (SC/ ST/ others) / Women along with their bank account details etc. (bank / their branches) as per the format envisaged / provided in the crop insurance portal. The bank branches of commercial banks/ RRBs will directly  submit the consolidated proposals along with details of insured farmers in the format as governed in the crop insurance portal within the stipulated time. Nodal Banks/ Intermediaries to collect the list of individual farmers with requisite details like Farmer name, Bank A/c No, Village, Category of farmers, Acreages, Crop,  Sum  Insured,  Premium  Collected, Govt. Subsidy etc., from concerned branches in soft  copy  and  send  the  same  to  insurance company along with declaration within 15 days of final cut-off dates.

19. What is the collection process of proposal and premium from non loanee farmers? a. Non Loanee Farmer under Optional component - Channel partner/ Intermediaries All those farmers who have not availed the SOA loans and having the insurable  interest  can  be covered simply by visiting to nearest commercial bank or Regional Rural Bank (RRB) or PACS (DCCB) branch. Bank official will assist and guide the farmers related to filling of the proposal form, relevant documents, Sum insured and applicable premium  Etc.Operating a bank account is essential for such cases. All those farmers who have not availed the SOA loans and having the insurable interest can also be covered simply by filling the proposal form and relevant documents with requisite premium amount and can submit the same to approved and designated by IRDA, Intermediaries. Designated intermediaries to verify the insurable interest and relevant document pertaining to Land Record, 7/ 12 Extract or Record of Land Rights, Sowing Certificate, ID Proof, Bank Passbook, Cancelled Cheque – Only if required Photo id not available in bank passbook and  applicable contract/agreement in case of sharecroppers or tenants. Intermediaries to collect and submit the requisite premium and remit individual/ consolidated premium to insurance company, accompanied by individual proposal forms and summary details in Declarations/ Listing sheet (MIS), provide soft copy to IA and details of each insured farmer and will also upload the data directly to the crop insurance portal. b. Non Loanee Farmer under Optional component – Directly to Insurance Companies. Non loanee farmers having insurable interest can send the proposal form through Post to insurance companies or through Crop Insurance portal with requisite premium and relevant document i.e. Land record or applicable Agreement/ Contract in case of sharecroppers or tenants. Insurance companies retain the right to accept or reject the insurance proposal. Premium will be refunded by insurance companies within 1 month of receipt of proposal, if any proposals  are rejected.

20. What is the Process that State follows and notification?.Post issuance of administrative instruction from Govt. Of India for implementation of PMFBY scheme. SLCCCI normally conducts the meeting to finalize various terms and conditions on Notification of crops, Notified area, Scale of finance, Indemnity level etc., along with issuance of bid notice. b. SLCCCI generally issues notification and its circulation to all concern implementing agencies of their respective states at least one month in advance of the commencement of crop seasons i.e. For Kharif is March and Rabi is September. c. Uploading of all requisite information of notification on the Crop Insurance portal (www.agri-insurance.gov.in) in co-ordination with State Govt. and selected implementing agency should be made available within one week from issuance of notification.

21. Are there any cut off dates to enroll? As per the PMFBY guidelines and cut off dates vary for different intermediaries and Banks the overall loaning period for covering of loanee farmers under compulsory  components would be, for Kharif – April to July and Rabi – October to December. a. Bankers to collect premium from Farmers - Cut-off dates for receipt of proposal form/ debit of premium from farmers account for both Loanee and Non loanee farmers would be, for Kharif – 31st July and Rabi – 31st December b. Bankers to submit to Insurance company - Cut-off dates for receipt of consolidated declaration/ proposal from Nodal bank/ Bank branches would be within 15 days for Loanee farmers and 7 days for Non loanee farmers from cut-off date of debit of premium from farmers account for Kharif and Rabi season respectively. c. Insurance intermediaries to submit Insurance company - Cut-off dates for receipt of Proposal from designated Insurance Agent’s would be within 7 days of receipt of declaration/ premium respectively. It may be noted that neither DAC FW nor any State/ UT Government will be authorized to extend the cut-off dates of seasonality under any circumstance once it is fixed and notified.

22. Are there any cut off dates to enter data in the portal? a.Bankers and intermediaries – All enrolments done through any banker or intermediary the cut-off dates for uploading of soft copy of individual insured farmers data in crop  insurance portal would be, within 15 days after cut-off date of collection of premium.

23. When do the States provide the yield data to Insurance Companies? For State Govt. / UT, Cut-off dates need to finalize all the yield data post crop cutting and provide all the Yield data to Insurance Companies within one month from the date of final harvest.

24. By when will Insurance Company settle the claims after receiving the data? Insurance companies should make payment of final claims based on yield data  , within three weeks from the receipt of yield data from the State Govt.

25. What are the basic requirements of Insurers for pricing or to derive the premium rate? a. The scheme shall operate on the principle of Area Approach in the selected  define  area called Insurance Unit (IU). State Govt. should notify the Insurance Unit to Village Panchayat or other equivalent units for Major Crops and unit size above the level of Village/ Village Panchayat for Minor Crops. b. SLCCCI to provide at least past 10 years historical yield data based on insurance unit for Major and Minor Crops in a standard format along with area sown of insured crops within two month from sowing period to insurance company. c. Calamity years if any, declared in respect of any district/ area for that year to be provide to insurance company for calculation of premium rates. d. Sum Insured per hectare for both loanee and non-loanee farmers will be same and equal  to the Scale of Finance as decided by the District Level Technical Committee, and SLCCCI to pre declare and notify the same to Insurance companies.

26. What is the process to inform the company about crop sown and changes? Incase the farmer changes the crop to be sown, he should intimate the change to insurance company, at least 30 days before cut-off-date for buying insurance or sowing either through financial institution/ channel partner/ insurance intermediary/ directly; as  the  case  may  be, along with difference in premium payable, if any, accompanied by sowing certificate issued by concerned village/ sub-district level official of the State. In case the premium paid was higher, insurance company will refund the excess.

27. What are the Commission and Bank charges payable to bankers and intermediaries ? Bank and other financial institutions etc. shall be paid service charges @ 4% of the premium collected from farmers. Rural agents engaged in providing insurance related services to farmers may be paid appropriate commission as decided by the insurance company, subject to cap prescribed under IRDA regulations.

28. Is service tax applicable under this scheme? PMFBY is exempted from Service Tax.