HDFC Pradhan Mantri Fasal Bima Yojana Claim Form - Summary
HDFC Pradhan Mantri Fasal Bima Yojana Claim Form
The HDFC Pradhan Mantri Fasal Bima Yojana (PMFBY) was launched on January 14, 2016, to lessen agricultural difficulties and enhance farmer welfare without requiring significant increases in the Minimum Support Prices (MSP) of agricultural products due to Monsoon-related hazards.
For widespread tragedies, the PMFBY Scheme employs an ‘Area Approach,’ which means it identifies specific areas for each registered crop.
Eligibility for HDFC Pradhan Mantri Fasal Bima Yojana
Coverage is open to all farmers, including sharecroppers and tenant farmers, who cultivate the notified crops in the designated areas. However, farmers must have an insurable interest in the crops that are registered and insured. For sharecroppers and tenant farmers, necessary documentary proof of land registry existing in the State includes:
- Records of Right (RoR),
- Land Possession Certificate (LPC),
- Applicable contract,
- Agreement details,
- Other documents as approved by the relevant State Government.
Conditions to Get Claim
- Before receiving the claim payment, the complete premium must be paid.
- The sanction of a loan and the payment of premiums without planting crops does not guarantee insurance acceptance.
- If banks are negligent or do not comply willingly, they will be responsible for the claim payment.
- In cases of significant deception by insured parties or banks, only the responsible entity will face legal consequences.
How to Apply
To apply for the claim under HDFC Pradhan Mantri Fasal Bima Yojana, visit the official website pmfby.gov.in. You can easily download the application form PDF from the link provided below for your convenience.
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