As part of the Government’s initiative to ease the process of procuring agricultural loans for farmers, the Pradhan Mantri Kisan Samman Nidhi eKYC (Electronic Know Your Customer) scheme has been introduced. The scheme is aimed at streamlining the process of Aadhaar authentication and verification of farmers to help them avail the benefits of the Pradhan Mantri Kisan Samman Nidhi Yojana, which was announced in the Union Budget in 2019.
The Pradhan Mantri Kisan Samman Nidhi scheme intends to provide financial support to the farmers by providing them with Rs. 6,000 annually as assured income for their agricultural needs. To be eligible for the scheme, the farmer must hold a bank account and a valid Aadhaar number.
Farmers can benefit from the eKYC facility, which is an online authentication process that eliminates the need for physical documentation and fingerprint/photographing. This method of verification makes the process simpler, faster, and more convenient.
To enroll for the eKYC, the farmer must first visit the official website of the Pradhan Mantri Kisan Samman Nidhi Yojana. Once there, the farmer must click on the ‘New Registration’ tab and provide all the necessary information required for the process.
The information required for the Pradhan Mantri Kisan Samman Nidhi eKYC includes the name of the farmer, Aadhaar number, bank account details, and mobile number. Once the information is registered, the eKYC process begins, and the farmer is required to authenticate his/her Aadhaar details through an OTP (One-Time Password) sent to the registered mobile number.
The OTP authentication completes the eKYC process, and the farmer’s Aadhaar information is verified and updated in the Pradhan Mantri Kisan Samman Nidhi Yojana database. The farmer can now receive the benefits of the scheme, including financial assistance for agricultural purposes.
In conclusion, the Pradhan Mantri Kisan Samman Nidhi eKYC scheme is an efficient and hassle-free way for farmers to avail of the benefits under the scheme. The online verification process saves time and reduces the documentation burden on the farmers, making it a convenient process for all parties involved. It is an excellent initiative by the government to provide financial assistance and support to the farmers in India.