[{"content":[{"description":"<p><span style=\"color: #ffffff;\"><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\"><span>Once credits are issued, </span><span>Boomitra</span><span> begins sell</span><span>ing them</span><span> to buyers. As sales are completed, payments are distributed to farmers according to your </span><span>vesting </span><span>schedule.</span><span> (</span><span>P</span><span>lease see the vesting s</span><span>ection if </span><span>you’d</span><span> like more details on vesting)</span><span>.</span></span><span data-ccp-props=\"{}\"> </span><br></span></p>","title":"Now that the Project has issued credits, what happens next?"},{"description":"<p><span><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\">Your credits are based on how much carbon your soil has sequestered during the monitoring period as a result of adopting improved agricultural practices.</span> </span></p>","title":"What determines how many credits I earn? "},{"description":"<p><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\"><span>Credit prices depend on market conditions and buyer interest. </span><span>Boomitra</span><span> always aims to sell credits at the highest possible price based on their quality and impact.</span></span><span data-ccp-props=\"{}\"> </span><br><span data-ccp-props=\"{}\"></span></p>","title":"How is the credit price decided?"},{"description":"<p><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\"><span>We’ve</span><span> alr</span><span>eady sol</span><span>d </span><span>more than 75%</span><span> of the credits from URVARA’s </span><span>first monitoring period, </span><span>and our sales team is actively working to secure buyers for the remaining volume.</span></span><span data-ccp-props=\"{}\"> </span><br><span data-ccp-props=\"{}\"></span></p>","title":"How many credits have you sold from this project?"},{"description":"<p><span><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\">A monitoring period is a </span></span><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\"><span>specific block of time</span></span><span><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\">—typically </span></span><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\"><span>1 to 5 years</span></span><span><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\">—during which Boomitra measures how much carbon your soil has removed from the atmosphere. All the carbon improvements that happen during this timeframe are recorded in a monitoring report.</span></span><span data-ccp-props=\"{"134233117":false,"134233118":false,"335559738":240,"335559739":240}\"></span><span><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\"></span></span></p>\n<p> </p>\n<p><span>This report is then reviewed by an </span><span data-contrast=\"auto\">independent third-party auditor</span><span>, and once the results are verified, the carbon credits for that monitoring period are </span><span data-contrast=\"auto\">officially issued.</span><span data-ccp-props=\"{"134233117":false,"134233118":false,"335559738":240,"335559739":240}\"> </span></p>\n<p> </p>\n<p><span>The length of a monitoring period is determined by the project's methodology and the rules of the carbon standard (for URVARA, the SocialCarbon Standard). Boomitra defines the exact monitoring period within those rules. </span><span data-ccp-props=\"{"134233117":false,"134233118":false,"335559738":240,"335559739":240}\"></span></p>\n<p> </p>\n<p><span data-contrast=\"auto\">For the URVARA project, the first monitoring period covers four years: 2021, 2022, 2023, and 2024. The soil carbon improvements across all four years are combined into the first set of credits issued for the project.</span><span data-ccp-props=\"{"134233117":false,"134233118":false,"335559738":240,"335559739":240}\"> </span></p>","title":"What is a monitoring period? "},{"description":"<p><span><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\">Boomitra will display a simple progress bar in the Boomitra Farmer App showing the percentage of credits sold from the monitoring period. As more credits are sold, future payment amounts increase.</span><br></span></p>","title":"How can I track progress on credit sales?"}],"nav_icon":{"icon_field":{"icon_set":"fontawesome-5.14.0","name":"Question Circle","type":"REGULAR","unicode":"f059"},"image":{"alt":"shipping-icon","height":40,"loading":"lazy","max_height":512,"max_width":512,"size_type":"exact","src":"https://24189298.fs1.hubspotusercontent-na1.net/hubfs/24189298/shipping-icon.webp","width":40}},"tab_title":"General"},{"content":[{"description":"<p><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\"><span>Payments can be sent to your verified bank account through electronic transfer. Cash payments are not available.</span></span><span data-ccp-props=\"{}\"> </span></p>","title":"What payment methods are available? "},{"description":"<p><span><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\">Yes. All URVARA payments to Indian farmers will be made in INR (Indian Rupees).</span> <br></span></p>","title":"Will I receive the payment in INR? "},{"description":"<p><span data-contrast=\"auto\">You will need:</span><span data-ccp-props=\"{}\"> </span></p>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\" data-font=\"Symbol\" data-listid=\"5\" data-list-defn-props=\"{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Bank name</span><span data-ccp-props=\"{}\"> </span></li>\n</ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\" data-font=\"Symbol\" data-listid=\"5\" data-list-defn-props=\"{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Account holder name</span><span data-ccp-props=\"{}\"> </span></li>\n</ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\" data-font=\"Symbol\" data-listid=\"5\" data-list-defn-props=\"{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Account number</span><span data-ccp-props=\"{}\"> </span></li>\n</ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\" data-font=\"Symbol\" data-listid=\"5\" data-list-defn-props=\"{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"auto\">IFSC code</span><span data-ccp-props=\"{}\"> </span></li>\n</ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\" data-font=\"Symbol\" data-listid=\"5\" data-list-defn-props=\"{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}\" data-aria-posinset=\"5\" data-aria-level=\"1\"><span data-contrast=\"auto\">Branch name and address</span><span data-ccp-props=\"{}\"> </span></li>\n</ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\" data-font=\"Symbol\" data-listid=\"5\" data-list-defn-props=\"{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}\" data-aria-posinset=\"6\" data-aria-level=\"1\"><span data-contrast=\"auto\">PAN (if required)</span></li>\n</ul>\n<br><span></span><span data-contrast=\"auto\">All banking info must match the landownership documents.</span><span data-ccp-props=\"{}\"> </span><br>\n<p><span> </span></p>","title":"What information do I need to provide to receive payments? "},{"description":"<p><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\"><span>All banking in</span><span>formation is captured in the </span><span>Boomitra</span><span> Farmer App. Please visit the App to</span><span> input your banking details and upload the necessary documentatio</span><span>n</span><span> as </span><span>requested</span><span>.</span></span><span data-ccp-props=\"{}\"> </span></p>","title":"Who do I give my banking information to? "},{"description":"<p><span><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\">Yes. Payments can only be made to the individual or entity listed on the land ownership documents.</span> <br></span></p>","title":"Does the bank account holder’s name need to match the landowner’s name? "},{"description":"<p><span><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\">Log in to your Boomitra Farmer App and confirm that your bank account, personal details, and land records are accurate and up to date.</span> <br></span></p>","title":"How do I make sure my information is correct? "},{"description":"<p><span><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\">Boomitra does not charge any fees for making payments to farmers. However, some banks or payment providers may apply transaction fees. These fees are set by your bank and are outside Boomitra’s control. We recommend checking with your bank if you have questions about possible charges.</span> <br></span></p>","title":"Are there any fees associated with receiving payments? "}],"nav_icon":{"icon_field":{"icon_set":"fontawesome-5.14.0","name":"Indian Rupee Sign","type":"SOLID","unicode":"f156"},"image":{"alt":"shipping-icon","height":40,"loading":"lazy","max_height":512,"max_width":512,"size_type":"exact","src":"https://24189298.fs1.hubspotusercontent-na1.net/hubfs/24189298/shipping-icon.webp","width":40}},"tab_title":"Payment Information"},{"content":[{"description":"<p><span data-contrast=\"auto\">Farmers are paid after Boomitra sells carbon credits to a credit buyer and receives payment for those credits. Payments to farmers are made on a quarterly schedule, based on when Boomitra receives payment from the credit buyer: </span><span data-ccp-props=\"{}\"> </span></p>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\" data-font=\"Symbol\" data-listid=\"9\" data-list-defn-props=\"{"335552541":1,"335559683":0,"335559684":-2,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Credits sold and paid for between January 1 and March 31 will be paid to farmers by April 30</span><span data-ccp-props=\"{}\"> </span></li>\n</ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\" data-font=\"Symbol\" data-listid=\"9\" data-list-defn-props=\"{"335552541":1,"335559683":0,"335559684":-2,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Credits sold and paid for between April 1 and June 30 will be paid by July 31</span><span data-ccp-props=\"{}\"> </span></li>\n</ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\" data-font=\"Symbol\" data-listid=\"9\" data-list-defn-props=\"{"335552541":1,"335559683":0,"335559684":-2,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Credits sold and paid for between July 1 and September 30 will be paid by October 31</span><span data-ccp-props=\"{}\"> </span></li>\n</ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\" data-font=\"Symbol\" data-listid=\"9\" data-list-defn-props=\"{"335552541":1,"335559683":0,"335559684":-2,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"auto\">Credits sold and paid for between October 1 and December 31 will be paid by January 31 of the following year</span><span data-ccp-props=\"{}\"> </span></li>\n</ul>","title":"When will I receive my payments? "},{"description":"<p><span><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\">If your account is not verified in the app when payments begin processing, your payment will be moved to the following quarter.</span> <br></span></p>","title":"What if my bank information is not verified when the quarterly payment cycle starts? "},{"description":"<p><span><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\">If you update your account during the one-week period before payments are processed, the change will apply to next quarter's payment, not the current quarter. </span><br></span></p>","title":"What if I change my bank account information? "},{"description":"<p><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\"><span>You will receive a notification in the Boomitra Farmer App when your payment is initiated. </span></span><span data-ccp-props=\"{}\"></span></p>","title":"How will I know if a payment is coming? "},{"description":"<p><span data-contrast=\"auto\">Please check:</span><span data-ccp-props=\"{}\"> </span></p>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">That your bank details in the app are correct</span><span data-ccp-props=\"{}\"> </span></li>\n</ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">That your account is verified</span><span data-ccp-props=\"{}\"> </span></li>\n</ul>\n<p><span data-contrast=\"auto\">If everything is correct and you still did not receive funds, contact your local field representative/partner or Boomitra support. </span><span data-ccp-props=\"{}\"></span></p>\n<p><span> </span></p>","title":"I did not receive my payment. What should I do? "},{"description":"<p><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\"><span>If a mistake occurs, cont</span><span>act</span><span> </span><span>your field officer/representative </span><span>immediately</span><span>. Corrections are possible depending on bank processing rules.</span></span><span data-ccp-props=\"{}\"> </span></p>","title":"Can payments be reversed or corrected? "},{"description":"<p><span data-contrast=\"auto\">You may not receive a payment for the current period for one of the following reasons:</span><span data-ccp-props=\"{}\"> </span></p>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\" data-font=\"Symbol\" data-listid=\"6\" data-list-defn-props=\"{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Your bank or payment details are incomplete, incorrect, or were updated less than one week before the payment processing date</span><span data-ccp-props=\"{}\"> </span></li>\n</ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\" data-font=\"Symbol\" data-listid=\"6\" data-list-defn-props=\"{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Your identity verification or farm information is still under review</span><span data-ccp-props=\"{}\"> </span></li>\n</ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\" data-font=\"Symbol\" data-listid=\"6\" data-list-defn-props=\"{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Your payment was rejected or delayed by your bank</span><span data-ccp-props=\"{}\"> </span></li>\n</ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\" data-font=\"Symbol\" data-listid=\"6\" data-list-defn-props=\"{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"auto\">No carbon credit sales were completed during the previous period</span><span data-ccp-props=\"{}\"> </span></li>\n</ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\" data-font=\"Symbol\" data-listid=\"6\" data-list-defn-props=\"{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}\" data-aria-posinset=\"5\" data-aria-level=\"1\"><span data-contrast=\"auto\">Credits from your most recent monitoring period are still undergoing third-party verification and are not yet available for sale</span><span data-ccp-props=\"{}\"> </span></li>\n</ul>\n<span data-contrast=\"auto\">Example: Payments for credits from the first monitoring period have been completed. Payments for the next monitoring period will be made after verification is complete and credits are sold.</span><span data-ccp-props=\"{}\"> </span><br>\n<p><span> </span></p>","title":"Why didn’t I receive a payment this quarter? "}],"nav_icon":{"icon_field":{"icon_set":"fontawesome-5.14.0","name":"Alternate Calendar","type":"SOLID","unicode":"f073"},"image":{"alt":"shipping-icon","height":40,"loading":"lazy","max_height":512,"max_width":512,"size_type":"exact","src":"https://24189298.fs1.hubspotusercontent-na1.net/hubfs/24189298/shipping-icon.webp","width":40}},"tab_title":"Payment Timing"},{"content":[{"description":"<p><span><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\">Payments are distributed over time according to the vesting schedule in your participation agreement. This supports long-term land stewardship and aligns with how carbon credits are sold.</span> <br></span></p>\n<p> </p>\n<p><span><img src=\"https://44586229.fs1.hubspotusercontent-na2.net/hub/44586229/hubfs/Screenshot%202025-12-02%20at%2010.03.27%20AM.png?width=857&height=472&name=Screenshot%202025-12-02%20at%2010.03.27%20AM.png\" alt=\"Screenshot 2025-12-02 at 10.03.27 AM\" loading=\"lazy\" width=\"857\" height=\"472\"></span></p>","title":"What is the vesting schedule? "},{"description":"<p><span><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\">Vesting helps ensure project integrity, supports ongoing monitoring, and matches the timing of carbon credit sales.</span> <br></span></p>","title":"Why do you use a vesting schedule? "},{"description":"<p><span><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\">Yes. The Boomitra Farmer App will show the details of your payment, including how many credits were sold and how much you earned.</span> <br></span></p>","title":"Will I receive a statement or breakdown of my payment? "}],"nav_icon":{"icon_field":{"icon_set":"fontawesome-5.14.0","name":"Hourglass Half","type":"SOLID","unicode":"f252"},"image":{"alt":"shipping-icon","height":40,"loading":"lazy","max_height":512,"max_width":512,"size_type":"exact","src":"https://24189298.fs1.hubspotusercontent-na1.net/hubfs/24189298/shipping-icon.webp","width":40}},"tab_title":"Vesting"},{"content":[{"description":"<p><span><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\">Update your new bank details in the Boomitra Farmer App and submit for verification. </span></span><span><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\">If the change happens during the payment processing window, your payment will be issued the following cycle.</span> <br></span></p>","title":"I need to change my bank account. What should I do? "},{"description":"<p><span data-contrast=\"auto\">If a participating farmer has died, Boomitra requires: </span></p>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\" data-font=\"Symbol\" data-listid=\"8\" data-list-defn-props=\"{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">A copy of the death certificate, and</span><span data-ccp-props=\"{}\"> </span></li>\n</ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\" data-font=\"Symbol\" data-listid=\"8\" data-list-defn-props=\"{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Verified details for the legal heir or next of kin</span><span data-ccp-props=\"{}\"> </span></li>\n</ul>\n<p><span data-contrast=\"auto\">Once documentation is approved, future or due payments will be transferred to the designated beneficiary.</span><span data-ccp-props=\"{}\"> </span></p>\n<p><span> </span></p>","title":"What happens if the farmer has passed away? "},{"description":"<p><span><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\">No. Payments can only be made directly to the verified account of the landowner or legally documented beneficiary.</span> <br></span></p>","title":"Can partners receive payments on behalf of farmers? "}],"nav_icon":{"icon_field":{"icon_set":"fontawesome-5.14.0","name":"Piggy Bank","type":"SOLID","unicode":"f4d3"},"image":{"alt":"shipping-icon","height":40,"loading":"lazy","max_height":512,"max_width":512,"size_type":"exact","src":"https://24189298.fs1.hubspotusercontent-na1.net/hubfs/24189298/shipping-icon.webp","width":40}},"tab_title":"Bank Account and Special Situations"},{"content":[{"description":"<p><span><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\">Carbon credit earnings are typically considered taxable income in India. Please consult a local tax advisor for guidance.</span> <br></span></p>","title":"Do I need to pay taxes on carbon credit income? "},{"description":"<p><span><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\">Boomitra will provide payment records as needed. These can also be downloaded from your Boomitra Farmer App once available.</span> <br></span></p>","title":"Will Boomitra provide documents for tax filing? "}],"nav_icon":{"icon_field":{"icon_set":"fontawesome-5.14.0","name":"Balance Scale (Left-Weighted)","type":"SOLID","unicode":"f515"},"image":{"alt":"shipping-icon","height":40,"loading":"lazy","max_height":512,"max_width":512,"size_type":"exact","src":"https://24189298.fs1.hubspotusercontent-na1.net/hubfs/24189298/shipping-icon.webp","width":40}},"tab_title":"Taxes and Legal"},{"content":[{"description":"<p><span><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\">Please reach out to your local field officer or representative or send a message through your Boomitra Farmer App.</span> <br></span></p>","title":"Who can I contact if I have questions? "},{"description":"<p><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\"><span>Yes. </span><span>Boomitra</span><span> is committed to long-term partnerships and will continue to support you through future project cycles and new opportunities.</span></span><span data-ccp-props=\"{}\"> </span></p>","title":"Will Boomitra continue working with me? "}],"nav_icon":{"icon_field":{"icon_set":"fontawesome-5.14.0","name":"Helping Hands","type":"SOLID","unicode":"f4c4"},"image":{"alt":"shipping-icon","height":40,"loading":"lazy","max_height":512,"max_width":512,"size_type":"exact","src":"https://24189298.fs1.hubspotusercontent-na1.net/hubfs/24189298/shipping-icon.webp","width":40}},"tab_title":"Support"}]
All banking info must match the landownership documents.
Now that the Project has issued credits, what happens next?
Once credits are issued, Boomitra begins selling them to buyers. As sales are completed, payments are distributed to farmers according to your vesting schedule. (Please see the vesting section if you’d like more details on vesting).
What determines how many credits I earn?
Your credits are based on how much carbon your soil has sequestered during the monitoring period as a result of adopting improved agricultural practices.
How is the credit price decided?
Credit prices depend on market conditions and buyer interest. Boomitra always aims to sell credits at the highest possible price based on their quality and impact.
How many credits have you sold from this project?
We’ve already sold more than 75% of the credits from URVARA’s first monitoring period, and our sales team is actively working to secure buyers for the remaining volume.
What is a monitoring period?
A monitoring period is a specific block of time—typically 1 to 5 years—during which Boomitra measures how much carbon your soil has removed from the atmosphere. All the carbon improvements that happen during this timeframe are recorded in a monitoring report.
This report is then reviewed by an independent third-party auditor, and once the results are verified, the carbon credits for that monitoring period are officially issued.
The length of a monitoring period is determined by the project's methodology and the rules of the carbon standard (for URVARA, the SocialCarbon Standard). Boomitra defines the exact monitoring period within those rules.
For the URVARA project, the first monitoring period covers four years: 2021, 2022, 2023, and 2024. The soil carbon improvements across all four years are combined into the first set of credits issued for the project.
How can I track progress on credit sales?
Boomitra will display a simple progress bar in the Boomitra Farmer App showing the percentage of credits sold from the monitoring period. As more credits are sold, future payment amounts increase.
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What payment methods are available?
Payments can be sent to your verified bank account through electronic transfer. Cash payments are not available.
Will I receive the payment in INR?
Yes. All URVARA payments to Indian farmers will be made in INR (Indian Rupees).
What information do I need to provide to receive payments?
You will need:
- Bank name
- Account holder name
- Account number
- IFSC code
- Branch name and address
- PAN (if required)
All banking info must match the landownership documents.
Who do I give my banking information to?
All banking information is captured in the Boomitra Farmer App. Please visit the App to input your banking details and upload the necessary documentation as requested.
Does the bank account holder’s name need to match the landowner’s name?
Yes. Payments can only be made to the individual or entity listed on the land ownership documents.
How do I make sure my information is correct?
Log in to your Boomitra Farmer App and confirm that your bank account, personal details, and land records are accurate and up to date.
Are there any fees associated with receiving payments?
Boomitra does not charge any fees for making payments to farmers. However, some banks or payment providers may apply transaction fees. These fees are set by your bank and are outside Boomitra’s control. We recommend checking with your bank if you have questions about possible charges.
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When will I receive my payments?
Farmers are paid after Boomitra sells carbon credits to a credit buyer and receives payment for those credits. Payments to farmers are made on a quarterly schedule, based on when Boomitra receives payment from the credit buyer:
- Credits sold and paid for between January 1 and March 31 will be paid to farmers by April 30
- Credits sold and paid for between April 1 and June 30 will be paid by July 31
- Credits sold and paid for between July 1 and September 30 will be paid by October 31
- Credits sold and paid for between October 1 and December 31 will be paid by January 31 of the following year
What if my bank information is not verified when the quarterly payment cycle starts?
If your account is not verified in the app when payments begin processing, your payment will be moved to the following quarter.
What if I change my bank account information?
If you update your account during the one-week period before payments are processed, the change will apply to next quarter's payment, not the current quarter.
How will I know if a payment is coming?
You will receive a notification in the Boomitra Farmer App when your payment is initiated.
I did not receive my payment. What should I do?
Please check:
- That your bank details in the app are correct
- That your account is verified
If everything is correct and you still did not receive funds, contact your local field representative/partner or Boomitra support.
Can payments be reversed or corrected?
If a mistake occurs, contact your field officer/representative immediately. Corrections are possible depending on bank processing rules.
Why didn’t I receive a payment this quarter?
You may not receive a payment for the current period for one of the following reasons:
- Your bank or payment details are incomplete, incorrect, or were updated less than one week before the payment processing date
- Your identity verification or farm information is still under review
- Your payment was rejected or delayed by your bank
- No carbon credit sales were completed during the previous period
- Credits from your most recent monitoring period are still undergoing third-party verification and are not yet available for sale
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What is the vesting schedule?
Payments are distributed over time according to the vesting schedule in your participation agreement. This supports long-term land stewardship and aligns with how carbon credits are sold.
Why do you use a vesting schedule?
Vesting helps ensure project integrity, supports ongoing monitoring, and matches the timing of carbon credit sales.
Will I receive a statement or breakdown of my payment?
Yes. The Boomitra Farmer App will show the details of your payment, including how many credits were sold and how much you earned.
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I need to change my bank account. What should I do?
Update your new bank details in the Boomitra Farmer App and submit for verification. If the change happens during the payment processing window, your payment will be issued the following cycle.
What happens if the farmer has passed away?
If a participating farmer has died, Boomitra requires:
- A copy of the death certificate, and
- Verified details for the legal heir or next of kin
Once documentation is approved, future or due payments will be transferred to the designated beneficiary.
Can partners receive payments on behalf of farmers?
No. Payments can only be made directly to the verified account of the landowner or legally documented beneficiary.
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Do I need to pay taxes on carbon credit income?
Carbon credit earnings are typically considered taxable income in India. Please consult a local tax advisor for guidance.
Will Boomitra provide documents for tax filing?
Boomitra will provide payment records as needed. These can also be downloaded from your Boomitra Farmer App once available.
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Who can I contact if I have questions?
Please reach out to your local field officer or representative or send a message through your Boomitra Farmer App.
Will Boomitra continue working with me?
Yes. Boomitra is committed to long-term partnerships and will continue to support you through future project cycles and new opportunities.
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