BAAC pays the farmers’ income insurance money into the account within 3 days, starting on the first day, November 16, 2020.



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1. Hom Mali rice, 15,000 baht per ton, per household, no more than 14 tonnes.
2. Hom Mali rice outside the area, 14,000 baht per ton, per household, no more than 16 tonnes.
3. Rice, the amount of 10,000 baht per ton, per household, not more than 30 tons.
4. Pathumthani aromatic rice, 11,000 baht per tonne, per household, no more than 25 tonnes.
5. Sticky rice, 12,000 baht per ton, per household, no more than 16 tonnes.

In the case of farmers growing more than one type of rice, the fee will not exceed the maximum amount of each type of rice. And when combined it should not exceed the highest established rice rate The reference price and the period for which the compensation claim is exercised. From April 1 to October 31, 2020 (except in the southern region from June 16 to February 28, 21)

Here, the Subcommittee on Supervision and Establishment of Central Criteria for the Rice Farmers Insurance Project. The first intermediate reference price was announced on November 9, 2020 to make up the difference depending on the project. The moisture content of each type of rice does not exceed 15%, as of November 16, 2020 it compensates the difference in the price of Hom Mali rice insurance at 2,911.17 baht per ton.

Out-of-Zone Hom Mali rice costs 2,137.45 baht per ton, the owner’s rice is 1,222.36 baht, Pathumthani fragrant rice is 1,066.96 baht per ton, and sticky rice is 2,084.34 baht by Ton. Reference every 7 days until the end of the project.

For income insurance payment criteria Farmers must register rice producers in production year 2020/64, Round 1 with the Ministry of Agriculture and Cooperatives. And you must notify the expected harvest date. Use as information on the period in which farmers will be compensated.

In which the Department of Agricultural Extension sends registration information of rice producers Classify by harvest season and calculate the yield. Using the total area recorded for each type of rice crop, multiply the average yield per rai to be the yield to be compensated. But it should not exceed the amount specified above, send to BAAC for payment information

Then the BAAC will pay the money directly into the farmer’s account within 3 days from the date the subcommittee receives the reference of the average price for each round. Farmers can check the transfer results through the BAAC A-Mobile app 24 hours a day, and there will be a notification message that the money will be credited to the account through the LINE Official BAAC Family if the customer requests the BAAC Connect service.

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