Pm Kisan 24th Installment Date 2026: Will Farmers Get Rs 2,000 Before Diwali In Their Bank Accounts?

The PM Kisan Samman Niddhi Yojana is back in the limelight for its 24th installment before the Diwali festival. The date of the 24th PM Kisan installment, amounting to Rs 2,000 to the farmer's bank account, is yet to be known. However, anticipation has circulated that the release could be by the end of the month of October or right around the corner of Diwali as a major gift to farmers. More than 9.3 crore farmers, including women, are beneficiaries of PM Kisan scheme.

Pm Kisan 24th Installment Date 2026:

There is no official confirmation of the release of 24th PM Kisan installment. Generally, the Prime Minister Narendra Modi releases a total of Rs 6,000 per year and Rs 2,000 each on four-monthly gap to farmers under the PM Kisan scheme. The installment cycle are generally for April-July, August-November and December-March each year.

The last installment which was 23rd, was released on June 20, 2026. The government paid up to Rs 18,880 crore during the 23rd PM Kisan installment to more than 9.44 crore farmers. Of the total, 2.18 crore were women farmers. Taking the latest installment, the government has disbursed up to Rs 4.46 lakh since the introduction of PM Kisan yojana in 2019. This made PM-Kisan one of the world's largest direct benefit transfer (DBT) initiatives.

Taking into the consideration the date of 23rd installment for April - July of FY27, the probability of 24th installment releasing before Diwali for August-November period is high. This will come as a major good news for farmers to enjoy the festive season.

What Is PM Kisan Samman Nidhi Yojana?

PM-KISAN is a centrally sponsored scheme launched on February 24, 2019. The scheme aims to provide assured income support to landholding farmer families nationwide with cultivable land. Under the scheme, each eligible farmer family receives annual financial assistance of Rs 6,000. This is disbursed in three equal instalments of Rs 2,000 through the Direct Benefit Transfer (DBT) mechanism into Aadhaar-seeded bank accounts.

The scheme seeks to increase the income of small and marginal farmers by providing financial support for agricultural inputs. This helps in improving crop health and productivity. Providing direct financial assistance also helps reduce farmers' reliance on informal credit sources and supports the continuity of agricultural activities. PM-KISAN stands out as one of the largest Direct Benefit Transfer (DBT) initiatives globally. This underscores its significant institutional mechanism for delivering financial support directly to farmers. More than 23 percent of beneficiaries are women, which highlights the inclusive outreach of this scheme, as per the government's guidelines.

PM Kisan 24th Installment Date: How Eligible Farmers Are Identified?

As per PIB explainer, the process begins with farmer registration through the PM-KISAN portal, mobile app, or Common Service Centres (CSCs).

Each state government verifies eligibility and uploads beneficiary details to the portal. The system then validates Aadhaar and bank account details and screens out ineligible applicants.

After the final state approval, the data is sent to the Public Financial Management System (PFMS) for account verification. Eligible records are used to generate fund transfer requests and payment orders. The Department of Agriculture and Farmers Welfare issues sanction orders.

Accordingly, payments are then processed through sponsor banks and the National Payments Corporation of India (NPCI). Finally, funds are credited directly to farmers' bank accounts, ensuring fast, transparent, and efficient delivery of benefits.

Who Is Not Eligible Under PM Kisan Yojana?

All institutional land holders are not eligible. Also, farmer families in which one of more of its members has worked in government offices like ministries, Lok Sabha, Rajya Sabha, and legislative assemblies, among others.

Also, retired officers and employees of state and central government offices are not eligible. If you are a superannuated/retired pensioner with a monthly pension of Rs 10,000 or more, then you are not eligible.

Also, farmers or farmer-family members who paid income tax in the last assessment year are not eligible. If farmers or family-member who are professionals like doctors, engineers, lawyers, chartered accountants or architects, then you are not eligible.

The PM Kisan scheme is meant to support economically weak segment of farmers.

How To Check beneficiary status of PM Kisan account?

Step 1: Visit PM Kisan website: https://pmkisan.gov.in/

Step 2: Click On 'Know Your Status' option.

Step 3: It needs to be noted that to know your status, a farmer should have registration number.

Step 4: Enter the registration number and captcha code. Then click on Get One-Time Password (OTP).

How Can Farmers Register For PM Kisan?

Step 1: Visit the official website: pmkisan.gov.in

Step 2: On the right side of the screen, in bold, it will be mentioned as 'New Farmer Registration'. Click on it!

Step 3: You will be directed to a new page, where you will be required to feed in your details.

Step 4: Firstly, you need to select between two options namely 'Rural Farmer Registration' and 'Urban Farmer Registration'.

Step 5: Then, put in details of your Aadhaar Number and Mobile Number. Your Aadhaar will be authenticated with UIDAI. You will be able to proceed with registration only if your Aadhaar is authenticated.

Step 6: Select the state you reside in. And add a captcha code.

Step 7: Once all details are added, generate a one-time password (OTP) which you will receive on your registered mobile number.