Pradhan Mantri Fasal Bima Yojana (PMFBY)
Ministry of Agriculture25 states and UTs in Kharif 2026
India's main crop insurance. You pay at most 2% (Kharif), 1.5% (Rabi) or 5% (commercial crops); the government pays the rest.
What it is
PMFBY pays when your notified crop is lost to weather, pests or disease. It is open to all farmers growing a notified crop in a notified area, with or without a crop loan, including tenants and sharecroppers.
From Kharif 2026 it also covers wild animal damage, and paddy flooding is covered again. PMFBY has paid ₹2.06 lakh crore on 26.33 crore applications since 2016.
Insurers who pay claims late owe you 12% a year, calculated automatically.
Eligibility at a glance
Any farmer growing a notified crop in a notified area
With or without a crop loan
Tenants and sharecroppers, with a tenancy agreement or sowing certificate as the state allows
No age limit
War, nuclear risk, riots, theft and malicious damage
Grazing animals (except the notified wild animal cover)
Losses you could have prevented
Key facts
- Covers: Drought, flood, pests, hail, cyclone, fire; wild animals from Kharif 2026
- Claim: Report farm-level loss within 72 hours
- Helpline: 14447