What is PM Kisan 15th instalment release date?

The government released the 15^th instalment of the Pradhan Mantri Kisan Samman Yojana on November 15, 2023. Eligible farmers who have completed their e-KYC received the Rs 2,000 instalment directly in their bank account on that day.

Under the PM Kisan scheme, the government credits a total of Rs 6,000 subsidy in the bank accounts of eligible farmers in three equal instalments of Rs 2,000.  Since the start of this direct benefits transfer scheme in 2019, the government has so far released 15 instalments. To date, the Centre has released Rs 2.80 lakh crore in the bank accounts of eligible farmers under the scheme. In the 15^th instalment, over 8 crore farmers received an amount of more than Rs 18,000 crore released by Prime Minister Narendra Modi.

PM Kisan instalment release dates

Who can apply for PM Kisan 15th instalment?

The PM Kisan subsidy is transferred to the eligible beneficiaries through a direct benefit transfer mode after validation of the uploaded data. This includes:

1. Aadhaar authentication (PM Kisan e-KYC)
2. Validation of bank account and government employees’/pensioners data by the Public Finance Management System
3. Validation of accounts by the National Payment Corporation of India for Aadhaar-based payments, and
4. Validation of income tax payee status by the income tax department

Eligible farmers are enrolled, and deceased/ineligible beneficiaries are being removed from the PM Kisan beneficiary list through verification and validation of the beneficiary’s data by states.