PM Kisan Yojana 18th Installment 2024: The Pradhan Mantri Kisan Samman Nidhi (PM Kisan) Yojana is a vital initiative by the Indian government aimed at providing financial assistance to the nation’s farmers. This scheme, launched in February 2019, seeks to support small and marginal farmers by offering them a sum of INR 6,000 per year, distributed in three equal installments of INR 2,000 each. The scheme has proven to be a lifeline for many farmers, helping them manage their agricultural expenses and meet their basic needs.
As of now, the government has successfully disbursed 17 installments under the PM Kisan Yojana, with the 18th installment anticipated by millions of farmers across the country. This article delves into the details of the upcoming 18th installment, its expected release date, eligibility criteria, and the process for farmers to check their payment status.
What is the PM Kisan Yojana 18th Installment?
The PM Kisan Yojana’s 18th installment refers to the next round of payments scheduled to be released to eligible farmers under the scheme. The installment amount remains INR 2,000, which is directly transferred to the bank accounts of farmers who have successfully registered and completed the necessary formalities, including e-KYC (Know Your Customer) verification.
Each installment is disbursed approximately every four months, ensuring that farmers receive consistent financial support throughout the year. The 17th installment was released in June 2024, meaning the 18th installment is expected to be issued around October 2024.
Expected Release Date of the 18th Installment
The government follows a systematic approach to disbursing funds under the PM Kisan Yojana. Typically, each installment is released after a four-month interval. Following this pattern, the 18th installment is expected to be credited to farmers’ bank accounts in October 2024, specifically around the third week. However, it is essential to note that this date is based on previous patterns, and the government has not yet officially announced the exact release date.
Eligibility Criteria for the 18th Installment
To receive the 18th installment under the PM Kisan Yojana, farmers must meet specific eligibility criteria set by the government:
- Land Ownership: The scheme primarily targets small and marginal farmers who own up to 2 hectares (approximately 5 acres) of cultivable land. The land should be registered in the farmer’s name, and proper documentation is required to verify ownership.
- e-KYC Compliance: To prevent fraud and ensure that the benefits reach the intended recipients, the government has made e-KYC mandatory for all beneficiaries. Farmers must complete their e-KYC process through the official PM Kisan portal or designated centers.
- Aadhaar Linking: The beneficiary’s bank account should be linked to their Aadhaar number, as the payments are transferred directly to the bank accounts via the Direct Benefit Transfer (DBT) mechanism.
- Active Registration: Farmers who have already registered under the PM Kisan Yojana and have been receiving the previous installments will automatically be considered for the 18th installment. New applicants must complete the registration process to be eligible.
How to Complete e-KYC for PM Kisan Yojana?
Completing the e-KYC process is crucial for receiving the 18th installment. Here is a step-by-step guide on how farmers can complete their e-KYC:
- Visit the Official Website: Farmers should go to the official PM Kisan Yojana website (pmkisan.gov.in).
- Locate the e-KYC Option: On the homepage, there is an option labeled “e-KYC.” Click on this option to proceed.
- Enter Aadhaar Details: A new page will open where the farmer needs to enter their Aadhaar number. After entering the number, fill in the captcha code and click on the “Submit” button.
- Verify via OTP: The system will send an OTP (One-Time Password) to the mobile number linked with the Aadhaar. Please enter the OTP to finalize the e-KYC process.
- Alternative Method: For farmers who do not have access to the internet, e-KYC can also be completed at the nearest Common Service Center (CSC) or through the mobile number linked with Aadhaar.
How to Check the 18th Installment?
Once the installment is released, farmers can easily check the status of their payment online. Here’s how:
- Access the Official Portal: Go to the official PM Kisan Yojana website.
- Click on Beneficiary Status: On the homepage, there is an option titled “Beneficiary Status.” Click on it to proceed.
- Enter Required Details: You will be prompted to enter either your Aadhaar number, mobile number, or bank account number. Choose one of the options and fill in the necessary details.
- View Status: After entering the details, click on the “Get Data” button. The status of all the installments, including the 18th one, will be displayed on the screen.
- Mobile App: Alternatively, farmers can also check their installment status via the PM Kisan mobile app, which is available for download on both Android and iOS platforms.
