PM Kisan 18th Installment Date 2024 – The eagerly awaited 18th installment of the Pradhan Mantri Kisan Samman Nidhi (PM Kisan) Yojana is set to be released on October 5, 2024. For many farmers across India, this financial assistance of ₹2000 comes as a much-needed relief, especially as agricultural expenses and daily living costs rise. However, not all registered farmers will receive the installment automatically, as there are some essential checks and steps that must be followed to ensure eligibility. This article provides comprehensive details about the release of the 18th installment, eligibility criteria, and important actions that farmers need to take to ensure they receive the benefit.
Also see: How to Apply for Delhi Mahila Samman Yojana 2024: Eligibility, Documents, Application
Introduction to PM Kisan Scheme
The Pradhan Mantri Kisan Samman Nidhi Yojana is a government initiative aimed at providing financial aid to farmers across India. Under the scheme, farmers who qualify receive ₹6000 annually in three installments of ₹2000 each. The financial assistance is meant to help them meet their agricultural and household needs. Since its inception, more than 11 crore farmers have registered under the scheme, with most receiving the benefits regularly.
The upcoming 18th installment will be another lifeline for farmers, especially as the sowing season approaches. However, official notices highlight some key requirements that farmers must fulfill before they can receive their payments.
Confirmed Date for the 18th Installment: October 5, 2024
After much anticipation and speculation, it has been confirmed that the Honorable Prime Minister will release the 18th installment of the PM Kisan Yojana on October 5, 2024. Farmers can expect to receive the money directly in their bank accounts on this day. While the exact time of the release has not been disclosed, updates will likely be provided on the official PM Kisan portal.
Farmers should prepare for this date by ensuring their registration and documentation are up to date. Any discrepancies in their details or status could result in delays or even non-receipt of the funds.
How to Check Your Eligibility for the 18th Installment
To ensure that you are eligible for the 18th installment, there are several key checks you must make. These involve verifying your registration, KYC status, Aadhaar seeding, and bank account linking. Below is a step-by-step guide on how to perform these checks.
Checking Your Beneficiary Status on the PM Kisan Portal
First and foremost, farmers should verify their registration and beneficiary status on the PM Kisan official portal (pmkisan.gov.in). Follow these steps:
- Go to the PM Kisan portal.
- Click on the “Know Your Status” option.
- Enter your PM Kisan registration number or Aadhaar number.
- Enter the CAPTCHA code and submit.
- An OTP will be sent to your registered mobile number.
- Enter the OTP to access your status dashboard.
On the dashboard, you will see your personal details, registration information, and most importantly, your eligibility status for the 18th installment.
Checking Eligibility Status: Land Seeding, KYC, and Aadhaar Bank Linking
Three crucial elements determine whether you will receive the 18th installment:
Land Seeding
Your land details must be updated and seeded into the system. If your status shows “NO” for land seeding, you will need to visit your zonal office or Tehsil office (depending on your state) and submit the necessary documents to prove land ownership or tenancy. In states like Uttar Pradesh, farmers can submit their documents at the Tehsil office to correct the status. Only when your land seeding status changes to “YES” will you be eligible to receive the payment.
KYC Completion
The second major requirement is completing the KYC (Know Your Customer) process. Many farmers may not have completed this essential step, which could prevent them from receiving the funds. Farmers can complete their KYC process at local Jan Seva Kendras or online via the PM Kisan portal. Without KYC verification, funds will not be transferred to your account.
Aadhaar Seeding with Bank Account
The third crucial step is linking your Aadhaar with your bank account. PM Kisan funds are sent directly to the Aadhaar-linked bank account of the farmer. If your Aadhaar is not linked to your account, you will not receive the installment. To link your Aadhaar, visit your bank branch, fill out the NPCI Link Form, and submit it to the bank manager. The linking process takes around 10 to 15 days, after which your Aadhaar seeding status will reflect on the PM Kisan portal.
Farmers who have “YES” in all three of these eligibility checks (Land Seeding, KYC, Aadhaar Seeding) will automatically receive the 18th installment.
3 Crore Farmers to Miss Out on the Installment
While the PM Kisan scheme has provided financial assistance to over 11 crore farmers in the past, not all will receive the 18th installment. The latest announcement indicates that only around 8 to 9 crore farmers will benefit from this round of payments, leaving approximately 3 crore farmers excluded. The main reasons for exclusion include:
- Incomplete KYC
- Lack of Aadhaar linking with the bank account
- Ineligible land details (e.g., farmers who no longer own land or have sold it)
- Income tax filers (farmers who have started paying income tax are automatically excluded from the scheme)
Farmers who fall into these categories will not receive the funds unless they rectify their status in time.
Important Deadline: October 3, 2024
Farmers who want to ensure they receive the 18th installment must complete all the necessary checks and updates by October 3, 2024. The government will begin processing the Fund Transfer Order (FTO) on this date. The FTO proceed must show “YES” in the system by October 3 or 4 for you to receive the payment on October 5. If it shows “NO,” you will not get the funds.
What is the Fund Transfer Order (FTO)?
The FTO proceed is a system that ensures funds are transferred from the government to the farmer’s account. If your FTO proceed shows “YES,” it means the government has processed your fund transfer, and you will receive the payment. If it remains “NO,” your payment will not be processed, and you will need to rectify any issues causing the delay.
How to Resolve FTO Issues
If your FTO status is “NO,” check your eligibility status again and rectify any missing or incorrect details. As mentioned earlier, land seeding, KYC, and Aadhaar linking are the most common reasons for payment delays. Once these are corrected, the FTO proceed should update automatically to “YES,” ensuring you receive the funds on time.
Will You Receive Previous Installments?
Some farmers may have missed previous installments, such as the 16th or 17th, due to various issues with their eligibility status. If your eligibility status is now corrected, there is a chance you may receive multiple installments at once. For instance, some farmers may receive both the 17th and 18th installments together, depending on when their FTO proceed becomes “YES.”
The status of your previous payments can be checked on the PM Kisan portal under the “Payment Status” section. Look for terms like “RFT Signed by State” or “Waiting for Approval by State,” which indicate that the process for fund release is in progress.
Conclusion
The release of the 18th installment of the PM Kisan Samman Nidhi Yojana on October 5, 2024, comes as a significant relief for many Indian farmers. However, the government has set strict eligibility criteria, and farmers need to ensure their land seeding, KYC, and Aadhaar linking are all completed before October 3. Farmers who miss these deadlines will not receive the funds, leaving around 3 crore farmers without the benefit. By following the steps outlined in this article, farmers can avoid being excluded and ensure they receive their ₹2000 installment on time.
Make sure to check your status on the PM Kisan portal, rectify any issues if needed, and be ready to receive the installment on October 5.
FAQs
When will the 18th installment of PM Kisan be released?
The 18th installment of PM Kisan is confirmed to be released on October 5, 2024. Farmers are advised to check their status on the PM Kisan portal to ensure they are eligible to receive the funds.
How can farmers check their eligibility for the PM Kisan installment?
Farmers can check their eligibility by visiting the PM Kisan portal (pmkisan.gov.in), clicking on “Know Your Status,” and entering their registration number. The portal will display the status of land seeding, KYC, and Aadhaar-bank seeding, which must all show “Yes” for eligibility.
What should farmers do if their Aadhaar is not linked to their bank account?
If a farmer’s Aadhaar is not linked to their bank account, they must visit their bank branch and submit an NPCI Link form to link their Aadhaar. This process typically takes 10 to 15 days.
What is FTO proceed status, and why is it important?
FTO (Fund Transfer Order) proceed status indicates whether the government has initiated the fund transfer process for the installment. The status must be “Yes” by October 3 for the funds to be credited to the farmer’s account on October 5, 2024.
Why will some farmers not receive the 18th installment of PM Kisan?
Some farmers may not receive the 18th installment because they have not completed necessary steps like KYC, land seeding, and Aadhaar-bank seeding. Additionally, farmers who are now paying income tax are ineligible to receive PM Kisan benefits.
Disclaimer: The information provided in this article is based on available updates regarding the PM Kisan Samman Nidhi Yojana as of September 2024. Farmers are advised to verify their eligibility and status on the official PM Kisan portal. The details mentioned are subject to change, and it is recommended to follow official notifications for the most accurate and current information.