Loading...
Estimate crop insurance premium and coverage
Total Premium
Farmer Pays (15%)
Govt Subsidy (85%)
Premium/Hectare
Pradhan Mantri Fasal Bima Yojana (PMFBY) is India's government-backed crop insurance scheme protecting farmers against crop failure due to weather, pests, or diseases. Premiums are heavily subsidized: farmers pay just 2% (Kharif), 1.5% (Rabi), or 5% (Commercial crops), with government covering the rest. Claims are settled based on actual yield loss or pre-determined indemnity levels, providing financial security to agricultural communities.
Upload your contract and get a clause-by-clause risk analysis verified against Indian law. Free — no signup needed.
Explore more calculators and tools to help with your financial decisions.
This calculator is provided for informational and educational purposes only. While we strive for accuracy, results should be verified with official sources or by consulting qualified professionals. Tax laws, rates, and regulations are subject to change. GotRedFlags is not responsible for financial decisions made based on these tools.