PM Kisan 2024 16th Installment: The 16th phase of the PM-Kisan Samman Nidhi Scheme is expected to be launched in January or March 2024. To avail themselves of the benefits of the scheme, beneficiaries must fill out their electronic Know Your Customer (e-KYC) on-site. Otherwise, financial aid may be discontinued. Prime Minister Narendra Modi distributed the 15th installment of the scheme on November 15, 2023. While in Jharkhand, he also distributed Rs 18,000 crore to over 8 crore farmers under the scheme. It is worth mentioning that although the exact date has yet to be formally verified by the Government of India, both dates are within the normal payment period for PM Kisan. In this article, we will be explaining more about the PM Kisan 16th installment date.
The PM Kisan Samman Nidhi scheme bestows upon each noble land-owning farming household across the realm an annual bounty of Rs 6,000. Such a sum is gracefully split into three equal portions of Rs 2,000 apiece and bestowed upon them quarterly. The noble purpose of this scheme is to provide monetary aid or help to these diligent farmers for their agricultural pursuits as well as their domestic needs. Under this benevolent plan, the esteemed Government of India graciously undertakes complete financial responsibility. To register for this scheme, you need to visit the official website of PM Kisan and follow the steps that we will be providing in the later part, and you must read this article fully for better understanding.
Farmers can choose to finalize the e-KYC procedure through two methods: they can opt for the One Time Pin or OTP-based e-KYC available on the PM Kisan Samman Nidhi Yojana website, or they can visit the nearest Common Service Centers for biometric-based e-KYC. Those farmers who are registered under PM Kisan must undergo the e-KYC process. To receive the OTP, you should register your personal mobile number while applying for the scheme. Once the OTP is received, there will be confirmation from the PM Kisan Schemeโs authorities via SMS or mail. Below is the overview table that will give you an idea of the expected date of the PM Kisan 16th installment for 2024 that you must know in detail.
Table of Content
PM Kisan 2024 16th Installment – Overview
| Yojana Name | Pradhan Mantri Samman Nidhi Yojana |
| Initiated By | Government of India |
| Establishment Year | 2019 |
| Country | India |
| Scheme Type | Central Sector Scheme |
| In-Charge Scheme | Ministry of Agriculture And Farmers Welfare |
| Department Name | Department of Agriculture And Farmers Welfare |
| Scheme Benefit | Farmers |
| Scheme Benefit Amount (Rs.) | 6000 |
| Installment Amount | 2000 |
| Installment Months | 3 |
| 15th Installment Date | 15th November 2023 |
| 16th Installment Date (Expected) | February End or March 2024 |
| Payment Mode | Online |
| Official Website (PM Kisan) | https://www.pmkisan.gov.in/ |
As we have already mentioned above, the PM Kisan Samman Nidhi Yojana (PM Kisan) is yet to pay the 16th installment amount of Rs. 6,000 with Rs. 2000 each for 3 months each. The PM Kisan scheme is beneficial to all the rural area farmers and their families who are eligible to receive payment from the scheme and the government of India. There is no official update on the exact date of receiving the 16th installment amount. Once the latest updates related to the 16th installment come, we will surely mention them. The expected dates are either February 2023 or March 2024. Let us all wait for the official confirmation from the schemeโs authorities. For more information, simply visit the official website of PM Kisan, which we have already mentioned in the overview table above.
PM Kisan 2024 16th Installment – Expected Date
As we have already mentioned in this article earlier, the 16th installment of the PM Kisan Samman Nidhi Yojana is expected to be received by the end of February 2024 or March 2024. There are some rumors that the payment will be received by February 28, 2024, but there is no official confirmation from the authorities of the PM Kisan scheme that clearly says the exact date of the payment. Let us all wait for the official confirmation, and then we will clearly mention the exact date of receiving the 16th installment of the PM Kisan Samman Nidhi Yojana or PM Kisan Scheme.
PM Kisan 2024 16th Installment Release Date
In a bid to assist India’s small and marginal farmers, the PM Kisan initiative provides financial aid. This program entails an annual sum of Rs. 6,000 disbursed in three installments of Rs. 2,000 each. The imminent disbursement of the 16th installment is eagerly awaited. The supervision of this initiative falls under the purview of the Department of Agriculture and Farmers Welfare, which operates under the Ministry of Agriculture and Farmers Welfare. Recipients receive their funds directly into their bank accounts through an online process.
IMPORTANT
The PM Kisan 16th Isntallment will be credited to the the accounts of the Farmers By 27th February DBT has Started from 21 February and Phase 1 Farmer will receive the Amount within a Week – source
PM Kisan 2024 16th Installment – How to Update e-KYC?
Following are the steps to update the electronic Know Your Customer (e-KYC) that you must know in detail:
- First of all, you must open any browser and visit the official website of PM Kisan, which has already been mentioned several times.
- Then, you need to choose the eKYC option, which is available on the right side of the website.
- After that, you are required to enter your Aadhaar number and the Captcha code to proceed further.
- Now, you need to click on the โSearchโ button and enter your registered mobile number that is linked with your Aadhaar card.
- Finally, you must click on โGet OTPโ and type the OTP in the given field, where the OTP will be received on your registered number.
So, these are the steps to follow for e-KYC updates if you havenโt updated your PM Kisanโs e-KYC yet.
PM Kisan 2024 16th Installment – Installment Amount
The 16th PM Kisan Yojana for 2024 has been fixed at Rs. 2,000 per beneficiary. The rewards are part of the ongoing PM Kisan Samman Nidhi Scheme, designed to provide financial assistance to marginal and small farmers within India. The 15th installment amount was already received three months ago, and now the members are expecting to get the 16th installment of the scheme anytime soon.
Frequently Asked Questions – PM Kisan 2024 16th Installment
Ans: The 16th installment of PM Kisan is expected to take place by the end of February or March 2024.
Ans: The PM Kisan Samman Nidhi Yojana was established in 2019.
Ans: The PM Kisan Samman Nidhi Yojana was initiated by the Indian government.
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