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 is important to do this seven days before the final enrolment date, as set by the government. The last date for enrolment for the Kharif season is July 31, and December 31 marks the end for the Rabi season.

The banks are instructed to keep a record of these declarations from farmers. This ensures that no premium will be deducted once a farmer has chosen to opt-out of the scheme. Additionally, the government has encouraged banks to run awareness campaigns for loanee farmers, motivating them to stay enrolled in the PMFBY. Recently, the Union Cabinet announced that participating 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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