BIG PM Kisan Update! Not Just E-KYC, THIS Farmer Document Is Also Mandatory For Your Instalment Payment

BIG PM Kisan Update: All the beneficiaries of Pradhan Mantri Kisan Samman Nidhi Yojana ( PM Kisan Yojana) are required to update their electronic know your customer (E-KYC) to continue getting the financial assistance under the scheme. Additionally, PM Kisan Yojana beneficiaries are also required to possess a unique Farmer ID.

The government is likely to release the PM Kisan Nidhi instalment among beneficiaries in the coming months. Hence, it is important for all the beneficiaries to complete all the mandatory processes and possess important documents to avoid missing the instalment.

What is PM Kisan Yojana?

Under the PM Kisan scheme, the government provides an annual support of Rs 6,000 to farmers. The PM Kisan Samman Nidhi amount is disbursed among the beneficiaries in three instalments of Rs 2,000.

The farmer welfare scheme is 100% sponsored by the Central Government and became functional on 1 December 2018. Under the scheme, farmers get an income support of Rs 6,000 per year in three equal installments and this will be provided to all land-holding farmer families.

According to PM Kisan Samman Nidhi's official website, farmers eligible under PM Kisan Samman Nidhi will be identified by the state government and UT administration, and the fund will be directly transferred to the bank accounts of the beneficiaries. The scheme also has certain exclusion categories for the same.

PM Kisan e-KYC: Why is it Important?

PM e-KYC (Know Your Customer) process is important because it ensures that the scheme covers only those farmers who are eligible under it. The E-KYC process also eliminates the possibility of existing middlemen in the subsidy transfer process.

PM Kisan e-KYC: How To Get It Done?

There are three ways to perform PM e-KYC. Beneficiaries of the scheme can get their PM e-KYC done by OTP, face authentication, or biometric.

PM Kisan e-KYC Via OTP

-To get PM Kisan e-KYC done via OTP it is important to have an Aadhaar-linked mobile number.

-Visit the PM Kisan portal, ie (https://pmkisan.gov.in/)

-Check the top right corner of the website and click on e-KYC

-Enter Aadhaar number and complete your eKYC after submitting your OTP.

Farmer ID For PM Kisan Scheme

It is important for the scheme beneficiaries to have farmer ID, reported Mint. GoodReturns couldn't independently verify the development. The next PM Kisan instalment will reportedly be withheld if beneficiaries will not have an updated PM Kisan ID.