Pradhan Mantri Fasal Bima Yojana — Maharashtra State Premium Subsidy

Why it matters

Insure your crop against drought, flood, pest attack and other losses while paying a tiny premium — the state and centre cover the rest.

What you get

Maharashtra implements the central Pradhan Mantri Fasal Bima Yojana (PMFBY) crop insurance scheme with a state-subsidised premium structure that keeps farmer contributions extremely low: 2% of the sum insured for Kharif crops, 1.5% for Rabi crops, and 5% for annual commercial/horticultural crops, with the state and central governments jointly subsidising the balance premium paid to the insurance company. From the 2025-26 season, the state made PMFBY enrolment effectively linked to MahaDBT subsidy beneficiary status for several input schemes, encouraging wider risk coverage uptake. The scheme compensates farmers for yield losses due to natural calamities, pests and diseases, and also covers post-harvest losses and localised risks like hailstorm and landslide for notified crops.

Eligibility criteria

• Must be a farmer (owner-cultivator or tenant with valid cultivation proof) growing a notified crop in a notified area
• Enrolment must be done before the cut-off date for each season (Kharif/Rabi)
• Loanee farmers are typically auto-enrolled unless they opt out; non-loanee farmers must apply directly

How to apply

1. 1

   Apply through the bank (for loanee farmers, auto-enrolled with opt-out option) or directly via the PMFBY portal/Common Service Centre for non-loanee farmers

2. 2

   Pay the nominal farmer-share premium (2% Kharif / 1.5% Rabi / 5% commercial-horticulture)

3. 3

   Report crop loss to the insurance company/agriculture office within the notified window after a calamity

4. 4

   Claim amount is assessed via crop-cutting experiments and disbursed via DBT

Documents required

• 7/12 land extract
• Aadhaar card
• Bank passbook
• Sowing certificate (for non-loanee farmers)
• Tenant cultivation agreement (if applicable)