PMFBY Opt-out Application Form PDF

PDF Name	PMFBY Opt-out Application Form
No. of Pages	2
PDF Size	0.59 MB
Language	English
Tags	Application Form
PDF Category	Government
Source / Credits	web.archive.org
Uploaded By	Krishan

PMFBY Opt-out Application Form - Summary

Farmers can easily opt-out of the Pradhan Mantri Fasal Bima Yojana (PMFBY) by submitting a simple declaration to their bank branch. It’s crucial to do this at least seven days before the final enrolment date set by the government. For the Kharif season, the last date for enrolment is July 31, while December 31 marks the end for the Rabi season.

Banks are required to maintain records of these declarations from farmers, ensuring that no premium will be deducted once a farmer has chosen to opt-out of the scheme. Additionally, the government has motivated banks to conduct awareness campaigns for loanee farmers, encouraging them to stay enrolled in PMFBY. Recently, the Union Cabinet announced that participation in this scheme would be optional for loanee farmers.

How to Fill Out the PMFBY Opt-out Application Form

Required Details for the PMFBY Opt-out Declaration Form

Name of the KCC Holder
KCC Loan Account No.
Mobile or Telephone Number
Signature of Account Holder
Branch Manager Signature with date
Bank Branch Name
Branch Code Number

You can conveniently download the PMFBY Opt-out Application Form in PDF format through the link provided below. Don’t miss the chance to get your document and complete the process smoothly! 📄

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