Background: Pradhan Mantri Matru Vandana Yojna is launched in 1 st January 2017 by Honorable Prime Minister Mr. Narendra Modi. This yojna gives part of compensation for income loss in terms of money so that women can take adequate rest during pregnancy and after delivery. This study aims to assess the knowledge of beneficiaries about Pradhan Mantri Matru Vandana Yojna. Methods: A descriptive research was conducted on 100 antenatal mothers by using non probability convenience sampling technique, data collection was done by using structured questionnaire, and validity was done by the subject experts & reliability done with the test retest method. Analysis was done by frequency & percentage to assess the level of knowledge regarding Pradhan Mantri Matru Vandana Yojna. Results: This study shows that 50% of antenatal mothers had good knowledge, 30% had excellent & 20% of antenatal mothers had poor knowledge about Pradhan Mantri Matru Vandana Yojna. Conclusions: The study concluded that 20 % antenatal mothers had inadequate knowledge about yojna. So there is need to create awareness among the beneficiaries to get adequate utilization of services provided by the Government. This will help to improve the maternal & child health & reduce the morbidity & mortality rate.