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PM Vishwakarma

PM Vishwakarma

End-to-end support for artisans and craftspeople in 18 traditional trades: recognition, skill training with a stipend, a toolkit incentive and collateral-free loans at a concessional 5% interest.

Ministry of MSME

Up to₹3 lakh
StatusOpen

Benefits

  • Collateral-free loan of ₹1 lakh (18 months), then ₹2 lakh (30 months)
  • Concessional 5% interest — the government subvents up to 8%
  • Skill training with stipend and a toolkit incentive
  • PM Vishwakarma certificate and ID card

Eligibility

  • Artisan in one of 18 trades (e.g. carpenter, blacksmith, goldsmith, potter, cobbler, tailor, mason, barber)
  • Age 18+ and self-employed in the trade
  • No similar credit-based government scheme loan in the last five years

Documents

  • Aadhaar and mobile number linked to Aadhaar
  • Bank account details
  • Ration card (for family verification)

How to apply

  1. Register at a Common Service Centre (CSC) on the PM Vishwakarma portal
  2. Verification by the gram panchayat / ULB, district and state committees
  3. Complete basic training, then apply for the first loan tranche

FAQ

When can I take the ₹2 lakh tranche?

After repaying the first ₹1 lakh tranche and adopting digital transactions or advanced training, as per scheme guidelines.

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Sources

Last checked: 20 Oct 2026. Summary for information only. The implementing agency's guidelines and your lender's credit policy decide eligibility and terms.