Crop Insurance Claim & What Will PMFBY Pay?

Under yield-based insurance, payout = (shortfall ÷ threshold yield) × sum insured, where shortfall = threshold yield − actual yield (zero if actual exceeds threshold). The tool computes the shortfall percentage, the payout per hectare and the total payout from your threshold yield, actual yield and sum insured per hectare.

The threshold (guaranteed) yield is the benchmark below which a loss is compensated. It is the average yield of the area over recent years multiplied by an indemnity level (commonly 70%, 80% or 90%). A claim arises only when the actual yield for the season falls below this threshold.

The sum insured is the maximum amount payable per hectare, usually set to the scale of finance or the value of the expected output for the crop. A full crop loss pays out the entire sum insured; a partial shortfall pays a proportionate share. Enter your notified sum insured per hectare.

The Pradhan Mantri Fasal Bima Yojana is India's flagship crop insurance scheme. It compensates farmers for yield losses from natural risks at a low farmer premium — 2% for kharif crops, 1.5% for rabi and 5% for commercial and horticultural crops — with the balance shared by central and state governments.

Under PMFBY the actual yield for an insurance unit is established through Crop Cutting Experiments and, increasingly, technology such as satellite and weather data. The unit-level actual yield, not your individual field, usually determines the claim, so neighbours in the same unit receive proportionate payouts.

A higher indemnity level raises the threshold yield, so a claim is triggered at a smaller drop in yield and the shortfall percentage is larger for the same actual yield. That means a bigger payout when losses occur — but the premium is correspondingly higher. Use the tool to see the effect of different threshold yields.

Claims are settled after the Crop Cutting Experiments and yield data for the season are finalised, typically some weeks to a few months after harvest. Loanee farmers usually receive the payout into the account linked to their crop loan; others receive it in their registered bank account.

No. Besides the main yield-based cover, schemes provide for localised calamities, prevented sowing and post-harvest losses, which follow different rules. This tool covers the core yield-shortfall claim, which is the largest component for most farmers under a yield-based scheme.

Yes. The yield-shortfall mechanism — payout proportional to how far actual yield falls below a guaranteed threshold, capped at the sum insured — is common to area-yield crop insurance worldwide. Enter your own threshold yield, actual yield and sum insured in your currency to estimate a claim.

No — it's a planning estimate. The actual payout depends on the officially assessed unit-level yield, the notified threshold and sum insured, and the scheme's settlement rules. Use this tool to anticipate a likely claim, then confirm with your insurer or the official portal.