PM Kisan KYC for 18th Installment at pmkisan.gov.in (OTP Based Ekyc)

To support farmers with their agricultural expenses, the 18th installment of PM Kisan has been launched. You can verify the release date by visiting the official website, which announced the 17th installment in June. Funds will be credited to each farmer’s bank account once this installment is successfully processed. It’s important to note that only those farmers who have completed their PM Kisan KYC for the 18th installment will receive the funds. If the 18th installment does not reflect in your bank account, ensure you complete your PM Kisan KYC as soon as possible. Read on for more details.

About PM Kisan Scheme 2024?

The Central Government of India has launched the PM Kisan Scheme 2024 to provide financial support to farmers across the country. This scheme offers direct financial assistance of ₹6,000 per year, distributed in three equal installments of ₹2,000, directly into the farmers’ Aadhaar-linked bank accounts. The scheme is designed to help middle-class farmers manage their farming expenses. With this financial aid, farmers can purchase essential items such as insecticides, pesticides, and other useful chemicals to support their crops and cultivation.

Helpful Summary of PM Kisan KYC 2024

The objective of PM Kisan KYC for 18th Installment

The primary goal of the PM Kisan KYC for the 18th installment is to ensure that farmers’ bank accounts are linked to their Aadhaar cards, which is a crucial step for KYC compliance. This linkage allows farmers to receive the 18th installment of the PM Kisan Nidhi without any issues. The Government of India aims to provide cash support and additional benefits to struggling farmers through the PM Kisan Yojana. Under this scheme, a cash assistance of ₹2,000 will be deposited into the bank accounts of all eligible farmers. This program empowers farmers in India, enabling them to meet their daily needs independently.

PM Kisan 18th Installment Dates

Eligibility Criteria

As per the cabinet decision made in May 2019, all eligible land-holding farmer families are set to benefit from this initiative. The updated plan is expected to include an additional 2 crore farmers, increasing PM-KISAN’s total beneficiaries to around 14.5 crore. To qualify, farmers must belong to the Below Poverty Line (BPL) category.

Required Documents

• Aadhaar Number
  Mobile Number
• Proof of Address
• Registration Number

Financial Benefits

The Indian government launched the PM Kisan Scheme 2024 as a nationwide initiative to support farmers. The program aims to provide financial assistance to every farming family across the country. Under this scheme, ₹6,000 is deposited annually into Aadhaar-linked bank accounts, divided into three equal installments of ₹2,000 each.

Do PM Kisan KYC for 18th Installment at pmkisan.gov.in Online

You need to complete your KYC immediately. The full e-KYC procedure outlined below will simplify the process for you.

Step 1: First, visit the official PM Kisan Portal for e-KYC.

Step 2: The homepage of the website will load.

Step 3: You will see the e-KYC option on the homepage; click on it.

Step 4: A new page will now appear.

Step 5: Click on the “GET OTP” option and enter your Aadhaar number on the screen.

Step 6: You will receive an OTP on your Aadhaar-linked mobile number. Enter this OTP and click “Submit.”

Step 7: This is how you can complete your PM Kisan KYC for the 18th installment.

Contact Details

• Telephone number: 155261 / 011-24300606.

FAQ’s

1.What is PM Kisan KYC?

PM Kisan KYC is the Know Your Customer process required for farmers to verify their identity and eligibility to receive benefits under the PM Kisan scheme.
2.Why is KYC necessary for the 18th installment?

KYC is necessary to ensure that the bank accounts of farmers are correctly linked to their Aadhaar numbers, allowing for smooth fund transfers.
3.How can I complete my KYC?

You can complete your KYC online by visiting the PM Kisan Portal (pmkisan.gov.in) and following the e-KYC procedure.
4.What documents do I need for KYC?

You need your Aadhaar number and a mobile number linked to your Aadhaar for OTP verification.
5.Is KYC mandatory for receiving the 18th installment?

Yes, only farmers who complete the KYC process will be eligible to receive the 18th installment.
6.What is the process for OTP-based e-KYC?

The process involves visiting the PM Kisan Portal, clicking on the e-KYC option, entering your Aadhaar number, and verifying it with an OTP sent to your registered mobile number.
7.What should I do if I don’t receive the OTP?

Ensure your mobile number is linked to your Aadhaar and has network coverage. If the issue persists, you may need to contact customer support.
8.Can I update my mobile number for OTP verification?

No, you cannot update your mobile number through the portal. You must ensure your Aadhaar-linked mobile number is active for OTP verification.
9.How long does the KYC process take?

The KYC process is usually completed instantly once the OTP is verified.
10.What if my Aadhaar details do not match?

If your Aadhaar details do not match, you will need to rectify the discrepancies with the relevant authorities before proceeding with KYC.
11.Can I complete KYC offline?

Currently, KYC must be completed online through the PM Kisan Portal.
12.What happens if I miss the KYC deadline?

If you miss the KYC deadline, you may not be eligible for the 18th installment and may need to wait for future disbursements.
13.Is there a fee for completing KYC?

No, the KYC process is free of charge.
14.Where can I get help if I face issues during KYC?

You can contact customer support on the PM Kisan Portal for assistance with any issues during the KYC process.
15.Will I receive a confirmation after completing KYC?

Yes, you should receive a confirmation message on your registered mobile number once your KYC is successfully completed.