PMFBY Crop Insurance Premium Calculator
Calculate your farmer-share premium under PMFBY for kharif, rabi or commercial/horticultural crops.
Farmer premium = sum insured × capped rate: 2% for kharif food/oilseed crops, 1.5% for rabi, 5% for annual commercial/horticultural crops. The actuarial premium above your share is subsidised by central and state governments. Sum insured is generally scale-of-finance based, per notified crop and district.
Indicative planning figures based on published research averages. Local soil tests, varieties and weather change actual requirements — confirm with your agronomist or extension officer.
Farmers and agri-students use the free PMFBY Crop Insurance Premium Calculator for an instant, accurate farm-economics answer — no formulas to remember, works offline.
About PMFBY Crop Insurance Premium Calculator
PMFBY (Pradhan Mantri Fasal Bima Yojana) caps what a farmer pays for crop insurance at a small fixed share of the sum insured — 2% for kharif, 1.5% for rabi, 5% for annual commercial and horticultural crops — with governments paying the (often much larger) balance of the actuarial premium. This tool computes your share instantly for any sum insured and shows all three season rates side by side. Enrolment is through banks (automatic with crop loans unless opted out), CSCs or the PMFBY portal before the seasonal cut-off dates notified per state.
How to use PMFBY Crop Insurance Premium Calculator
- 1Enter your crop/farm figures into the inputs.
- 2Read the headline result and the supporting breakdown.
- 3Apply the guidance in the note to your selling and investment decisions.
Why use PMFBY Crop Insurance Premium Calculator?
- ✓Uses the standard, citable farm-economics method
- ✓Clear inputs with realistic Indian defaults
- ✓Instant result with the full working shown
- ✓Free, fully in-browser and private
Frequently asked questions
How much premium do I pay under PMFBY?+
A capped share of the sum insured: 2% for kharif crops, 1.5% for rabi, 5% for annual commercial/horticultural crops. For ₹50,000 sum insured on a kharif crop, you pay ₹1,000 — the rest of the actuarial premium is government-subsidised.
What does PMFBY cover?+
Yield losses from non-preventable natural risks — drought, flood, pests, diseases, hail — assessed mainly by area-based crop-cutting experiments, plus add-ons like prevented sowing, mid-season adversity, post-harvest losses (cut & spread crop) and localized calamity claims.
Is this tool free and private?+
Yes — free, no sign-up, and all calculation runs in your browser, so it works offline at the farm and your data never leaves the device.
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