PMFBY Claim Form SBI - Summary
The PMFBY (Pradhan Mantri Fasal Bima Yojana) Claim Form for SBI (State Bank of India) is an essential document for farmers looking to claim insurance benefits under the PMFBY scheme through SBI. By completing the PMFBY Claim Form SBI, farmers can easily access their entitled insurance support. You can download the PMFBY Claim Form SBI PDF from the link at the bottom of this page.
Steps to Claim Insurance under PMFBY with SBI
To successfully claim insurance, follow these general steps while ensuring that you have the necessary documentation ready.
Required Details for PMFBY Claim Form (SBI)
- Name of Farmer
- Father’s Name
- Category (SC/ST/OBC/Others) / Gender (M/F)
- Address
- Contact Number
- Aadhaar Number
- Bank Account Number
- Bank Name
- Branch Location
- IFSC CODE
- MICR CODE
- Account Type
- Crop Loan or Saving Account
- Signature – Farmer
Eligibility Criteria for PMFBY Claim Form
- Compulsory Component:
All farmers taking Seasonal Agricultural Operations (SAO) loans from Financial Institutions (i.e., loanee farmers) for the notified crop(s) would be covered automatically. - Voluntary Component:
The scheme is optional for non-loanee farmers. Only those farmers who have paid the premium or where the premium has been deducted from their account before the occurrence of specified damages (up to 14 days after harvesting) can avail of this benefit.
Coverage of Risks and Exclusions:
The following risks leading to crop loss are included under the scheme.
- Prevented Sowing/Planting Risk:
Coverage applies if sowing/planting is hindered due to insufficient rainfall or adverse seasonal conditions. - Standing Crop (Sowing to Harvesting):
This insurance provides comprehensive coverage for yield losses from non-preventable risks, such as Drought, Dry spells, Flood, Inundation, Pests and Diseases, Landslides, Natural Fire and Lightning, Storms, Hailstorm, Cyclone, Typhoon, Tempest, Hurricane, and Tornado. - Post-Harvest Losses:
Coverage is available for a maximum period of two weeks from harvesting for those crops that are allowed to dry in the field after harvesting, against specific perils such as cyclone, cyclonic rains, and unseasonal rains. - Localized Calamities:
Loss or damage from identified localized risks, like hailstorm, landslide, and inundation, affecting isolated farms in the notified area is covered.
Pradhan Mantri Fasal Bima Yojana (PMFBY) Aim
The aim of Pradhan Mantri Fasal Bima Yojana (PMFBY) is to support sustainable production in the agriculture sector by:
a) Providing financial aid to farmers affected by unforeseen crop loss or damage
b) Stabilizing farmers’ income to encourage their continued participation in agriculture
c) Promoting the adoption of modern and innovative farming practices
d) Ensuring the flow of credit to agriculture, contributing to food security, crop diversification, and enhancing the growth and competitiveness of the agricultural sector while protecting farmers from production risks.
You can easily download the PMFBY Claim Form SBI in PDF format online from the link provided below.