PM Kisan 11th Installment : The beneficiaries of PM Kisan Samman Nidhi Yojana are waiting for the 11th installment. The money of this installment will not be transferred to your account without e-KYC. Understand the meaning of the status shown on PM Kisan Portal here.
PM Kisan Samman Nidhi Yojana 11th Installment: Beneficiaries of Pradhan Mantri Kisan Samman Nidhi Yojana (PM Kisan) are waiting for the 11th installment. More than 12 crore farmers have registered in this scheme. The amount of the 11th installment is to be released between April and July. But its continuous process is going on.
It is necessary to do e-KYC for 11th installment
Under the PM Kisan Samman Nidhi Yojana, 6000 rupees are sent every year to the farmers’ account from the central government. This amount is sent in three installments of 2000-2000. The government had sent the 10th installment before the elections to five states. But it is necessary to do e-KYC for the 11th installment. If not, the installment money may get stuck. The last date for conducting e-KYC is 31 May.
Meaning of Waiting For Approval
The approval of the states is also necessary in this scheme of the center. Some state governments have not yet given approval for the 11th installment. On checking the status on the portal, if you see Waiting For Approval By State written, then the approval for your installment has not come from the state government.
Status and their meaning
If on checking the status, RFT i.e. Request for Transfer is written, then it means that the data of the beneficiary has been checked by the state and the center has been requested by the state government to send the installment money to the beneficiary’s account. If FTO is Generated and Payment Confirmation is Pending is seen written then it means that the process of fund transfer has started. The amount will be transferred to your account in a few days.