PM Kisan Maandhan Yojana (PM-KMY): Pension, Eligibility & How to Enrol
Updated: 26 September 2026 · Last Verified: 26 September 2026 · By: Akshay Kumar, Editor
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Quick Answer
The Pradhan Mantri Kisan Maandhan Yojana (PM-KMY) is a voluntary pension scheme for small and marginal farmers. If you join between the ages of 18 and 40, you pay a small monthly contribution of ₹55 to ₹200 (depending on your age when you join) until you turn 60, the Government of India adds an equal amount to your pension account, and from age 60 you receive an assured pension of ₹3,000 a month. Enrolment is free at a Common Service Centre. It is not the same as PM-KISAN: PM-KISAN pays you ₹6,000 a year as income support, while PM-KMY is a pension you build up by contributing.
Key Highlights
| Detail | Information |
|---|---|
| Scheme Name | Pradhan Mantri Kisan Maandhan Yojana (PM-KMY) |
| Scheme Type | Central sector scheme — voluntary and contributory pension |
| Ministry | Ministry of Agriculture and Farmers Welfare, Government of India |
| Beneficiary | Land-holding small and marginal farmers (up to 2 hectares) |
| Entry Age | 18 to 40 years |
| Your Contribution | ₹55 to ₹200 per month, depending on entry age, until age 60 |
| Government Contribution | Matching contribution paid into your pension account |
| Pension | Minimum assured ₹3,000 per month from age 60 |
| Pension Fund Manager | Life Insurance Corporation of India (LIC) |
| Enrolment | Free, at a Common Service Centre or through your state’s PM-Kisan nodal officer |
| Status | Active |
| Official Source | pmkisan.gov.in (PM-KMY documents), agriwelfare.gov.in |
Last Verified: 24 September 2026
What Is PM-KMY?
PM-KMY is a social security scheme for farmers with small landholdings, who rarely have a pension to fall back on in old age. It works like a savings-and-pension plan: you contribute a fixed amount every month for as long as it takes to reach age 60, the government matches it, and the LIC-managed fund pays you a monthly pension after that. Because you join early and the amount is small, the scheme is designed to be affordable on a farm income — but it is a long commitment, so it is worth understanding before you sign up.
A “small and marginal” farmer here means a farmer whose family owns cultivable land of up to 2 hectares as per the land records of the state or union territory.
Benefits
- ₹3,000 a month for life after 60: a minimum assured monthly pension once you reach age 60.
- Government matches your contribution: for every rupee you put in each month, the Government of India puts in the same amount, so your own money is effectively doubled.
- Family pension for your spouse: if a pensioner dies, the spouse receives 50% of the pension — ₹1,500 a month — provided the spouse is not already a beneficiary of the scheme.
- Automatic payments: contributions are debited from your bank account each month under an auto-debit mandate you sign at enrolment, so you do not have to remember to pay.
- Option to pay from PM-KISAN: if you are a PM-KISAN beneficiary, you can choose to have your contributions debited from the bank account where your PM-KISAN money arrives, by submitting an enrolment-cum-auto-debit-mandate form.
How Much Will You Pay?
Your monthly contribution is between ₹55 and ₹200, fixed according to the age at which you join, and you keep paying until you turn 60. The younger you join, the smaller the monthly amount, because there are more years to build the pension. The exact figure for each age is in the official contribution chart in the PM-KMY salient features document on the Department of Agriculture and Farmers Welfare site, and the Common Service Centre will show you the amount for your age before you enrol.
Eligibility
Who Can Apply?
- A land-holding small or marginal farmer with cultivable land of up to 2 hectares, as per land records
- Aged between 18 and 40 years when joining
Who Cannot Apply?
- Farmers already covered under other statutory social security schemes, such as the National Pension Scheme (NPS), the Employees’ State Insurance Corporation (ESIC) scheme, or the Employees’ Provident Fund Organisation (EPFO) scheme
- Farmers above 40 years of age, or with land above the 2-hectare limit
Documents Required
The exact list is confirmed at the Common Service Centre when you enrol. You should typically be ready with:
| Document | Why it’s needed |
|---|---|
| Aadhaar | Identity and age verification |
| Bank account details | The account from which your monthly contribution will be auto-debited |
| Land ownership records | Confirms you are a land-holding farmer within the 2-hectare limit |
Make sure your name is spelled the same way on your Aadhaar, bank passbook and land record before you go, so the enrolment is not held up by a mismatch.
How to Apply
- Find your nearest Common Service Centre using the official locator, locator.csccloud.in. You can also contact the PM-Kisan nodal officer appointed by your state or union territory government.
- Carry your Aadhaar, bank account details and land record.
- The operator checks your eligibility and shows you the monthly contribution for your age.
- You sign an auto-debit mandate authorising the monthly deduction from your bank account. If you receive PM-KISAN and want to pay from it, ask for the enrolment-cum-auto-debit-mandate form for that account.
- Make the first contribution as instructed, and keep the receipt and your pension account details safe.
Enrolment itself is free of cost. You only pay your monthly contribution — no one should charge you a fee to enrol.
Application Mode
Offline through a Common Service Centre, or through the PM-Kisan nodal officer of your state or union territory.
Important Dates
There is no annual application deadline; the limit is your age at entry (18 to 40). Since the monthly amount depends on the age you join, waiting a year means a higher monthly contribution. The pension begins at age 60.
Official Source
Always confirm the current rules and contribution chart from the official documents before you enrol:
- PM-KMY salient features: pmkisan.gov.in (PM-KMY Salient Features, PDF)
- Department of Agriculture & Farmers Welfare: agriwelfare.gov.in
- Common Service Centre locator: locator.csccloud.in
Important Notes
- PM-KMY is a long-term commitment. If you leave the scheme within ten years of joining, only your own contributions are returned with savings bank interest — the government’s matching share is not paid.
- The pension does not start until you turn 60. If you need money sooner, this is not the right scheme.
- If you miss contributions, the scheme has a process to regularise the account; ask your Common Service Centre or nodal officer for the current terms rather than letting payments lapse.
- JanAvsara is not a government website and does not enrol anyone or collect any money. Never pay an agent to “guarantee” enrolment.
- Amounts and rules are set by the government and can change; confirm on the official source before joining.
Related Schemes
- PM-KISAN Samman Nidhi — ₹6,000 a year income support; you can pay PM-KMY contributions from it
- Best Government Schemes for Farmers — which scheme fits your situation
- PM-KISAN Status Check — check your PM-KISAN payment
- Farmer Schemes — browse all farmer-related articles on JanAvsara
FAQs
What is the PM Kisan Maandhan Yojana?
A voluntary pension scheme for small and marginal farmers aged 18 to 40. You contribute ₹55 to ₹200 a month until 60, the Government of India matches it, and you get an assured pension of ₹3,000 a month from age 60.
Is PM-KMY the same as PM-KISAN?
No. PM-KISAN pays eligible farmer families ₹6,000 a year as income support and needs no contribution from you. PM-KMY is a pension scheme where you contribute monthly. You can be enrolled in both, and you can even choose to pay your PM-KMY contribution out of your PM-KISAN money.
How much do I have to pay every month?
Between ₹55 and ₹200, depending on the age at which you join. Joining younger means a lower monthly amount. The Common Service Centre will show you the exact figure for your age.
Who cannot join PM-KMY?
Farmers who are already covered under the National Pension Scheme, the ESIC scheme or the EPFO scheme, and farmers outside the age band of 18 to 40 or above the 2-hectare landholding limit.
What happens to my money if I leave early?
If you exit within ten years of joining, your own contributions are returned with savings bank interest, but the government’s matching contribution is not paid.
Does my spouse get anything after I die?
Yes. If a pensioner dies, the spouse receives a family pension of 50% of the pension, which is ₹1,500 a month, provided the spouse is not already a beneficiary of the scheme.
Where do I enrol and does it cost anything?
At your nearest Common Service Centre, or through your state’s PM-Kisan nodal officer. Enrolment is free; you only pay your monthly contribution.