Digiclaim

March 25, 2023

It is National Crop Insurance Portal’s digitized claim settlement module, under Pradhan Mantri Fasal Bima Yojana (PMFBY).
The technology has been enabled through the integration of National Crop Insurance Portal (NCIP) and Public Finance Management System (PFMS).
DigiClaim would prevent delay in claim settlement as claims will be processed directly to bank accounts of farmers. Also, it will facilitate real-time tracking of claim.
PMFBY provides comprehensive crop insurance against non- preventable natural risks at premium rate of 2% for kharif crops, 5% for rabi crops and 5% for Horticulture and commercial crop.
Till date, Rs 1.32 lakh crore claim has been disbursed to the insured farmers under the Pradhan Mantri Fasal Bima Yojana (PMFBY).