PMFBY Crop Insurance Calculator
Find your farmer premium share (1.5%, 2% or 5%) under PMFBY and estimate the claim payout from a notified yield shortfall.
Enter your details
Please note: These figures are estimates for planning only. Interest rates, scale of finance, insurance premium rates, subsidies and market charges are set by banks, government notifications and mandi committees and change from season to season. Confirm the current figures with your bank, insurance company, CSC or mandi office before making a decision.
Enter your area, the sum insured per hectare and the season to see the premium you pay under the Pradhan Mantri Fasal Bima Yojana. Add the threshold yield and the actual yield from crop cutting experiments to estimate the claim for a yield loss.
About the PMFBY Crop Insurance Calculator
The Pradhan Mantri Fasal Bima Yojana (PMFBY) insures notified crops against yield loss from drought, flood, pests, disease and other natural causes. Farmers pay only a small, fixed share of the premium; the Centre and the state pay the rest.
Your premium share
| Crop | Farmer's premium |
|---|---|
| Kharif food grains and oilseeds | 2% of sum insured |
| Rabi food grains and oilseeds | 1.5% of sum insured |
| Annual commercial and horticultural crops | 5% of sum insured |
How a yield-loss claim is worked out
For area-wide yield losses, claims are based on crop cutting experiments in your insurance unit (usually a village or gram panchayat):
Claim = (Threshold yield − Actual yield) ÷ Threshold yield × Sum insuredThe threshold yield is the average yield of the best five of the last seven years multiplied by the indemnity level (70%, 80% or 90%) fixed for your area. Separate rules cover prevented sowing, mid-season adversity, post-harvest losses and localised calamities such as hailstorm, which are assessed individually.
How to use the PMFBY Crop Insurance Calculator
- 1 Choose the season and crop type.
- 2 Enter the insured area and the sum insured per hectare from the notification or your bank.
- 3 Optionally enter the actuarial premium rate to see how much the government pays.
- 4 Enter the threshold and actual yields to estimate a claim, then press Calculate.
The formula we use
Sum insured = Sum insured per ha × Area (ha)
Farmer premium = Sum insured × 1.5% (rabi), 2% (kharif) or 5% (commercial/horticulture)
Government share = Sum insured × (Actuarial rate − Farmer rate)
Claim = (Threshold yield − Actual yield) ÷ Threshold yield × Sum insuredWorked example
2 hectares of rabi wheat, sum insured ₹60,000 per hectare, actuarial rate 8%. Threshold yield 40 q/ha; the crop cutting experiments show 30 q/ha.
- Sum insured = 60,000 × 2 = ₹1,20,000.
- Your premium = 1.5% = ₹1,800. Total premium at 8% = ₹9,600, so the government pays ₹7,800.
- Shortfall = (40 − 30) ÷ 40 = 25%.
- Estimated claim = 25% × 1,20,000 = ₹30,000.
Things to keep in mind
- Enrol before the cut-off date for the season, through your bank, a CSC, the crop insurance app or the PMFBY portal.
- Report localised losses within 72 hours – for example hailstorm, landslide or inundation – to the insurance company or through the app.
- Check your policy details – crop, area and bank account – on the portal; mistakes delay claims.
- Scheme rules are revised from time to time. Confirm the current rates, sum insured and indemnity level for your district.
Frequently asked questions
How much premium does a farmer pay under PMFBY?
1.5% of the sum insured for rabi food and oilseed crops, 2% for kharif food and oilseed crops, and 5% for annual commercial and horticultural crops.
How is the PMFBY claim calculated?
For area-based yield loss: (Threshold yield − Actual yield) ÷ Threshold yield × Sum insured. The actual yield comes from crop cutting experiments in your insurance unit.
What is the threshold yield?
The average yield of the best five of the last seven years for your insurance unit, multiplied by the indemnity level (70%, 80% or 90%).
Is PMFBY compulsory for KCC holders?
No. Since 2020 the scheme is voluntary for all farmers, including loanee farmers, who can opt out by informing their bank.
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