PMFBY Insurance Premium Calculator – How to Calculate PMFBY Premium Amount

Central government invites application forms for Agri Insurance under Pradhan Mantri Fasal Bima Yojana through its official portal at pmfby.gov.in. Before making online registrations / applications, farmers must learn how to calculate PMFBY insurance premium amount using PMFBY insurance premium calculator.

PMFBY insurance premium calculation is based on the state / district / type of crop and the covered area. The premium to be paid by the farmers for getting crop insurance under PMFBY can be calculated by filling these details on the official portal.

This Crop Insurance Scheme provides financial assistance in case their crops gets damaged due to heavy rain, natural calamities, pests or diseases. Interested farmers can now know premium amount for Kharif or Rabi crop season using the PMFBY premium calculator.

Latest Update – Check PMFBY Farmer Online Application Status

PMFBY Insurance Premium Calculator

The premium amount under the PMFBY scheme is calculated at the rate of 2% of insured amount for Kharif crops and 1.5% for Rabi crops compared to much higher premium under the previous crop insurance schemes. For registration of crop insurance, visit official website of PM Fasal Bima Yojana.

Below is the complete procedure to calculate PMFBY insurance premium amount:

• Visit the PMFBY official portal at pmfby.gov.in
• On the homepage, click at the “Insurance Premium Calculator – Know Your Insurance Premium Before” tab as shown in the figure:
  

• Now the Crop Insurance Premium Calculator Page will open. Representative Image is shown below:
  

• Here enter the details to calculate premium amount. Firstly select the Season (Kharif / Rabi), Year, Scheme Name (PMFBY, Weather Based Crop Insurance), State, District, Crop and then Area in hectares.
• Finally, click at the “Calculate” button to Know Your Insurance Premium Amount.
• The calculated insurance premium for Pradhan Mantri Fasal Bima Yojana based on your selections will be displayed as below:
  

Candidates can also Download Pradhan Mantri Fasal Bima Yojana Android App to calculate the premium – PMFBY App

Note – The “Report Crop Loss” and “Claim Status” sections are now operational.

PMFBY Help Desk

For any query, farmers can directly call the toll free numbers of insurance companies or at 011-23382012 followed by extension no. 2715/2709. People can also call on the direct helpline number 011-23381092.

For more details about PMFBY, visit the official website https://pmfby.gov.in