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Central Schemebusiness-entrepreneurship

PM Vishwakarma Yojana

Rs. 15,000 toolkit grant, Rs. 500/day training stipend, and collateral-free loans up to Rs. 3 lakh (Rs. 1 lakh + Rs. 2 lakh tranches) at 5% interest

Ministry / Department
Ministry of Micro, Small and Medium Enterprises
Level
Central
Benefit type
loan
Last verified: 11 Jun 2026

What is PM Vishwakarma Yojana?

Rs. 15,000 toolkit grant, Rs. 500/day training stipend, and collateral-free loans up to Rs. 3 lakh (Rs. 1 lakh + Rs. 2 lakh tranches) at 5% interest

Benefit
Rs. 15,000 toolkit grant, Rs. 500/day training stipend, and collateral-free loans up to Rs. 3 lakh (Rs. 1 lakh + Rs. 2 lakh tranches) at 5% interest
Level
Central
Ministry / Dept.
Ministry of Micro, Small and Medium Enterprises
Benefit type
loan
Key eligibility
Artisans and craftspeople aged 18+ in one of the 18 notified traditional trades, working in the unorganised sector; one member per family
Last verified
11 Jun 2026

Benefits

Rs. 15,000 toolkit grant, Rs. 500/day training stipend, and collateral-free loans up to Rs. 3 lakh (Rs. 1 lakh + Rs. 2 lakh tranches) at 5% interest

Eligibility

Artisans and craftspeople aged 18+ in one of the 18 notified traditional trades, working in the unorganised sector; one member per familyArea: IndiaBenefit: loan

Documents Required

  • Aadhaar or valid identity proof
  • Address proof
  • Bank account details
  • Eligibility-specific certificate or record

How to Apply

  1. Step 1: Check eligibility

    Read eligibility and exclusions on the official scheme website.

  2. Step 2: Prepare documents

    Keep identity, address, bank account, and scheme-specific documents ready.

  3. Step 3: Apply through official channel

    Apply online or through the department, bank, CSC, or local office mentioned by the official source.

FAQ

Where can I verify PM Vishwakarma Yojana?

Verify details and updates only on the official source: https://pmvishwakarma.gov.in

Sources & References

  • Official scheme website ↗
  • Information is summarised from official government sources. Verify all details on the official website before applying.

Ready to apply?

Applications are accepted only on the official government portal.

Open Official Website