Key Points
PM Kisan released 23rd installment on June 20, 2026 with 2,000 rupees per farmer.
Farmers receive 6,000 rupees annually through three equal payments to bank accounts.
eKYC verification and Farmer ID required for payment eligibility.
Scheme covers 1.72 crore farmers for agricultural support and rural income.
India’s agriculture ministry released the 23rd installment of the PM Kisan Samman Nidhi scheme on June 20, 2026, delivering 2,000 rupees to eligible farmers’ bank accounts. The payment continues the government’s annual 6,000 rupee support program. Farmers must complete eKYC verification and hold a valid Farmer ID to receive funds. This payment benefits 1.72 crore farmers currently enrolled in the scheme.
Payment Details and Eligibility
The 23rd installment transferred 2,000 rupees per farmer on June 20, 2026. Farmers receive 6,000 rupees annually through three installments of 2,000 rupees each. To qualify, farmers must complete eKYC verification and possess a valid Farmer ID. The agriculture ministry announced the payment date through official social media channels and the PM Kisan portal.
How Farmers Access the Funds
Money transfers directly to farmers’ registered bank accounts. Farmers can use the funds to purchase farming supplies and equipment needed for agriculture. The 23rd installment release aimed to provide timely financial support during the farming season.
Program Scope and Reach
The PM Kisan scheme currently covers 1.72 crore farmers across India. The agriculture and farmer welfare ministry manages the program to strengthen agriculture and support rural income. Direct bank transfers ensure farmers receive payments without intermediaries. The scheme operates as part of India’s self-reliance initiative.
Final Thoughts
The PM Kisan 23rd payment on June 20 reached 1.72 crore enrolled farmers with 2,000 rupees each. Farmers must maintain eKYC and Farmer ID status to receive future installments.
FAQs
Farmers receive 6,000 rupees annually through three installments of 2,000 rupees each under PM Kisan.
Farmers must complete eKYC verification and obtain a valid Farmer ID to qualify for PM Kisan payments.
The 23rd installment was released on June 20, 2026, transferring 2,000 rupees to eligible farmers’ accounts.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
About Author

Danny Kontos
Co FounderDanny Kontos has been a stock investor since 2007 and co-founded Meyka in 2023. He keeps a small, focused portfolio and only moves when the numbers are hard to argue with. He has waited years on a single position before. Before Meyka, he ran a web hosting company and a mortgage lending platform, so he knows what a well-run business actually looks like under the hood. This article did not come from a news cycle. It came from someone who has been watching this space for a long time.
What brings you to Meyka?
Pick what interests you most and we will get you started.
I'm here to read news
Find more articles like this one
I'm here to research stocks
Ask Meyka Analyst about any stock
I'm here to track my Portfolio
Get daily updates and alerts (coming March 2026)