At the age of 60, you will be eligible to get Rs 42000 per year, is there registration in PM Kisan

Scheme for Indian Farmers :If you are registered in PM Kisan Samman Nidhi and are taking advantage of it, then you can get a big benefit at the age of 60. In PM Kisan, the central government gives financial assistance of Rs 6000 in the account of farmers in a year, but those farmers who are ready to contribute to the Pradhan Mantri Kisan Mandhan Yojana along with this, they will get a benefit of Rs 42000 annually in old age. Now you must be wondering how this is possible.

what is this special rule

Actually, one of the rules made under the PM Kisan Samman Nidhi Scheme is that if you are an account holder in PM Kisan, then you will be directly registered in PM Kisan Maandhan Yojana. Pradhan Mantri Kisan Maandhan Yojana is a pension scheme for the farmers of the country, under which about 20 lakh people have been registered so far. Under the Kisan Maandhan Yojana, there is a provision to give pension of Rs 3000 every month i.e. Rs 36000 in a year to farmers after the age of 60. Any farmer between the age of 18 to 40 years can get registered under PM Kisan Maandhan.

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Contribution also from government money

The big advantage of being an account holder in PM Kisan is that registration for Kisan Maandhan will be done without any paperwork. At the same time, the contribution required for this pension scheme will also not have to be made from your own pocket. This contribution will be deducted from the government assistance under PM Kisan Samman Nidhi. For this, you will have to fill a form in advance and give information that the contribution should be deducted from the assistance amount.

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How much money will be deducted

The contribution in PM Kisan Maandhan is also nominal. This contribution is Rs 55 per month to Rs 200 per month for farmers aged 18 to 40 years. That means even in case of maximum contribution, you will have to pay Rs 2400 annually. Whereas under PM Kisan, you get Rs 6000 annually.

How to be stylish after 60

The farmers who are getting the benefit of PM Kisan Samman Nidhi, the government is giving them Rs 6000 in a year. When they turn 60 years old, then Rs 36000 per year will be added to this Rs 6000 per year. That is, if apart from opening an account in PM Kisan, you have also subscribed to the pension scheme PM Kisan Mandhan, then after the age of 60 you will get Rs 42 thousand annually. After the age of 60, the contribution deduction for the pension scheme will stop.