PM Kisan 18th installment: Why Rs 2,000 installment may not be credited to your bank account; here's what to do
PM Kisan 18th Installment 2024: Farmers are eagerly waiting for the 18th installment, which is expected to be released soon. However, to receive the payment of Rs 2,000, beneficiaries must fulfill specific conditions. Know what these criteria are and how you can meet them:
PM Kisan 18th Installment 2024: PM Modi government has so far released 17 installments of PM Kisan Yojana. And the 18th installment is expected to be released soon. However, to receive the payment of Rs 2,000, farmers must fulfill specific conditions. Let us know what these criteria are:
What is PM Kisan Yojana?
PM Kisan Yojana, also called Pradhan Mantri Kisan Samman Nidhi Yojana, is a Central Government scheme launched on December 1, 2018. This scheme supports farmers by providing annual financial assistance of Rs 6,000 which helps farmers cover their agricultural needs and improve their financial stability.
PM Kisan Yojana: 18th Installment To Be Released Soon
The government has already deposited 17 installments into beneficiaries' accounts. Farmers are now awaiting the 18th installment, which the government will release soon.
PM Kisan Yojana: Requirements for Receiving the 18th Installment
It should be noted that the government has made it mandatory for the beneficiaries of this scheme to do these two key tasks-
PM Kisan Yojana: e-KYC Mandatory
1. e-KYC: Farmers need to complete the e-KYC (electronic Know Your Customer) process.
PM Kisan Yojana: Land Verification Mandatory
2. Land Verification: Verification of land records is also required.
PM Kisan Yojana: These farmers will not receive money
Farmers who do not complete these tasks will not receive the Rs 2,000 installment.
PM Kisan Yojana: How to Complete e-KYC
The e-KYC process is straightforward. Farmers can use the 'Face Authentication Feature' in the PM Kisan Mobile App to complete the process from home, without needing OTP or fingerprint verification.
PM Kisan Yojana: Alternative e-KYC Options
Farmers can also complete biometric KYC at their nearest Common Service Center (CSC). If they opt for OTP-based KYC, it is free of charge. However, using a CSC may incur a nominal fee.
PM Kisan Yojana: Additional Tips
In addition to completing e-KYC, farmers should ensure:
- Their bank account is linked to their Aadhaar card.
- Their Aadhaar and bank account details are correctly seeded.
- The Direct Benefit Transfer (DBT) option is active in their Aadhaar-linked bank account.
- They check their Aadhaar seeding status using the 'Know Your Status' feature on the PM Kisan portal.