New Delhi: The seventh instalment of money is being deposited in the accounts of the beneficiaries of Pradhan Mantri Kisan Samman Nidhi Yojana. So far this amount has been released in the bank accounts of hundreds of farmers. In the coming days, the money will also reach the remaining beneficiary farmers account. Under this scheme, the government provides annual financial assistance of Rs 6 thousand.

This help is given through three instalments of 2 thousand rupees. Often there are many types of questions in the mind of the farmers about this scheme, one of which is the question of what is the process of getting money into the account? Crores of farmers have to issue funds under this scheme, in such a situation that money cannot be released to all farmers at the same time. This process lasts for a few days. For this reason, some farmers get the money first and some farmers later.

Talking about the process of receiving money in the account, after applying online for the scheme, the state government verifies the application through revenue records, Aadhaar number and bank account number. Money is transferred only after verification of bank account number by the state government. The Fund Transfer Order (FTO) is generated as soon as the state government verifies the information. The issuance of FTO simply means that money transfer deeds will be given to the farmer's account.

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