Central
Up to ₹20L
PM Mudra Yojana
Collateral-free loans up to ₹20 lakh for micro and small businesses in four tiers.
Central Government Scheme
· Active – scheme runs FY 2023-24 to FY 2027-28 · India
PM Vishwakarma Yojana (PM
Vishwakarma Kaushal Samman)
PM Vishwakarma supports traditional artisans and craftspeople across 18 trades with a recognition certificate, skill training with a daily stipend, a toolkit grant, and collateral-free enterprise loans up to ₹3 lakh at 5% interest. Apply now in India with expert guidance from Varahii Consultancy.
Toolkit Grant: ₹15,000 (e-voucher)
Training Stipend: ₹500 per day
Loan Tranche 1: ₹1 lakh (18-month tenure)
Loan Tranche 2: ₹2 lakh (30-month tenure)
Interest Rate: 5% per annum (8% government subvention)
Status: Active – scheme runs FY 2023-24 to FY 2027-28
City: India
30 lakh+
Artisans Registered
₹5,000 Cr+
Loans Disbursed
18
Trades Covered
5 %
Loan Interest Rate
What is PM Vishwakarma Yojana (PM Vishwakarma Kaushal Samman)?
PM Vishwakarma supports traditional artisans and craftspeople across 18 trades with a recognition certificate, skill training with a daily stipend, a toolkit grant, and collateral-free enterprise loans up to ₹3 lakh at 5% interest.
PM Vishwakarma Yojana (PM Vishwakarma Kaushal Samman) applicants in India typically face the same handful of avoidable rejection reasons. Our consultants in India flag these before you apply, not after a rejection.
Objective: To give India's traditional hands-and-tools artisans formal recognition, modern skills, and access to affordable credit so they can grow sustainable micro-enterprises.
Who is this for in India?
Carpenters, blacksmiths, goldsmiths, potters, and cobblers
Tailors, washermen, barbers, and garland makers
Masons, sculptors, and boat makers
Any self-employed artisan across the 18 notified traditional trades
Eligibility Criteria – India
To apply for PM Vishwakarma Yojana (PM Vishwakarma Kaushal Samman) India, applicants must meet the following conditions:
Age: 18 years or above on the date of registration
Occupation: Self-employed artisan or craftsperson actively working in one of the 18 notified trades
Family Limit: Only one member per family can register and avail benefits
Prior Loans: Must not have taken a similar government self-employment credit scheme (PMEGP, PM SVANidhi, Mudra) in the past 5 years — unless that loan was fully repaid
Government Employees: Government employees and their immediate family (spouse, unmarried children) are not eligible
Not Eligible: Government employees and their immediate family members, Applicants who took a PMEGP/Mudra/PM SVANidhi loan in the last 5 years and have not fully repaid it, A second member from the same family applying separately
Who is NOT Eligible
Government employees and their immediate family members
Applicants who took a PMEGP/Mudra/PM SVANidhi loan in the last 5 years and have not fully repaid it
A second member from the same family applying separately
Benefits for India Applicants
Eligible applicants India can receive the following benefits under PM Vishwakarma Yojana (PM Vishwakarma Kaushal Samman):
| Benefit | Details |
|---|---|
| Recognition | PM Vishwakarma Certificate and digital ID card |
| Skill Training | 5-7 day Basic Training, plus optional 15+ day Advanced Training |
| Training Stipend | ₹500 per day during training, paid via DBT |
| Toolkit Incentive | ₹15,000 e-voucher to buy modern tools and equipment |
| Enterprise Loan | Collateral-free loan up to ₹3 lakh in two tranches — ₹1 lakh (18 months) then ₹2 lakh (30 months) — at 5% interest with 8% government subvention |
| Digital Incentive | Cashback incentive for adopting digital transactions in business |
| Market Support | Access to ONDC and e-commerce platform listing with a 'Verified Vishwakarma' badge |
Documents Required
Keep the following documents ready before applying India. Having them prepared speeds up approval significantly.
Aadhaar card with biometric verification
Bank account details (for DBT of stipend and loan)
Proof of trade/occupation (self-declaration verified by local body)
Ration card or family ID showing family member details
Passport-size photograph
Pro tip: Register on Udyam Portal before applying. It strengthens your application and may unlock additional MSME benefits.
How to Apply in India
Follow these steps to apply for PM Vishwakarma Yojana (PM Vishwakarma Kaushal Samman) India:
Whether you're a first-time applicant or reapplying after a previous rejection, our team in India can guide you through every step of PM Vishwakarma Yojana (PM Vishwakarma Kaushal Samman) — from checking the latest eligibility criteria to preparing documents in the exact format the sanctioning authority expects.
1
Visit your nearest Common Service Centre (CSC)
Direct online self-registration is not available — registration is done at a CSC with Aadhaar biometric authentication.
2
Complete biometric registration
The CSC operator verifies your Aadhaar and records your trade and family details.
3
Three-stage verification
Your application passes through verification by the local body, the District Implementation Committee, and the state nodal department.
4
Receive certificate and ID
On approval, you get your PM Vishwakarma Certificate and digital ID card.
5
Attend skill training
Report to the designated training centre for skill assessment and Basic Training (5-7 days).
6
Claim toolkit and apply for loan
Receive the ₹15,000 toolkit e-voucher, then apply for the first ₹1 lakh loan tranche through your bank.
Online Portal: You can apply directly at https://pmvishwakarma.gov.in (status check only — registration is CSC-based). Varahii's consultants can guide you through every step.
Coverage & Limits
| Parameter | Details |
|---|---|
| First Loan Tranche | ₹1 lakh, 18-month repayment, no guarantee required |
| Second Loan Tranche | ₹2 lakh, 30-month repayment — available after repaying tranche 1 and adopting digital transactions or completing Advanced Training |
| Total Credit Support | Up to ₹3 lakh across both tranches |
| Guarantee Coverage | 100% coverage by CGTMSE for the enterprise development loans |
Applying for PM Vishwakarma Yojana (PM Vishwakarma Kaushal Samman) in India
PM Vishwakarma Yojana (PM Vishwakarma Kaushal Samman) is available to entrepreneurs and individuals across India. Whether you are based in the urban core or surrounding areas of India, you can approach any participating bank, NBFC, or Microfinance Institution to begin your application.
Varahii Consultancy has helped hundreds of applicants India successfully complete their PM Vishwakarma Yojana (PM Vishwakarma Kaushal Samman) applications — from document preparation to follow-up with the sanctioning authority.
Varahii in India: Our local advisors understand the specific requirements of India branches and can help you choose the right lender or government office for faster processing.
Industry & Entrepreneurship Landscape in India
India's small-business economy is shaped in large part by trading, agro-processing, and small-scale manufacturing, sectors that account for a significant share of local MSME and entrepreneurial activity. Udyam registrations have grown steadily as more entrepreneurs formalise their businesses to access government schemes, priority-sector loans, and tender eligibility.
Among individual entrepreneurs in India, current trends show a growing share of women-led and first-generation entrepreneurs registering new micro-enterprises. This shift is directly relevant to PM Vishwakarma Yojana (PM Vishwakarma Kaushal Samman) applicants, since lenders and sanctioning authorities increasingly favour Udyam-registered, formally documented businesses when reviewing applications.
Banking & credit access in India: Applicants typically work with SBI, regional rural banks, and a network of cooperative banks when applying for government-linked schemes, alongside NBFCs and microfinance institutions for smaller ticket sizes.
Why Varahii Is Among the Best PM Vishwakarma Yojana (PM Vishwakarma Kaushal Samman) Consultants in India
Choosing the right consultant for PM Vishwakarma Yojana (PM Vishwakarma Kaushal Samman) in India can be the difference between a smooth approval and months of avoidable delay. Varahii Consultancy has built a reputation in India and across India for handling government scheme and MSME loan applications end-to-end — not just advising, but actively preparing documentation, tracking application status, and following up with the relevant department or bank until a decision is reached.
Specialised, up-to-date knowledge of PM Vishwakarma Yojana (PM Vishwakarma Kaushal Samman) eligibility and documentation requirements in India
End-to-end application support — not just advice — from document prep to final follow-up
Familiarity with local banks, NBFCs, and government offices in India
Transparent process with no hidden fees and a free initial eligibility check
Varahii in India: If you're evaluating PM Vishwakarma Yojana (PM Vishwakarma Kaushal Samman) options in India, our consultants can give you a realistic eligibility assessment before you commit any paperwork — most consultations start with a free review of your specific situation.
Important Dates
| Milestone | Date / Status |
|---|---|
| Scheme Launched | 17 September 2023 |
| Scheme Duration | FY 2023-24 to FY 2027-28 |
| Total Budget | ₹13,000 crore over 5 years |
| Cumulative Progress | Over 30 lakh artisans registered, ₹5,000+ crore disbursed in loans as of 2026 |
Contact & Support
| Channel | Details |
|---|---|
| Registration Mode | Common Service Centres (CSC) only — no fee charged |
| Implementing Ministry | Ministry of MSME, with training via Ministry of Skill Development and Entrepreneurship (MSDE) |
| Portal | pmvishwakarma.gov.in |
Frequently Asked Questions
Registration is not done directly online. You must visit your nearest Common Service Centre (CSC) for Aadhaar biometric registration; the official portal is used only to check status afterward.
Up to ₹3 lakh total, split into a first tranche of ₹1 lakh (18-month repayment) and a second tranche of ₹2 lakh (30-month repayment), both at 5% interest.
Carpenter, boat maker, armourer, blacksmith, hammer & toolkit maker, locksmith, goldsmith, potter, sculptor, stone breaker, cobbler, mason, doll/toy maker, basket/mat maker, barber, washerman, garland maker, tailor, and fishing net maker.
Only if that loan was taken more than 5 years ago, or if you have fully repaid a Mudra or PM SVANidhi loan — in that case you remain eligible for PM Vishwakarma.
You must be at least 18 years old on the date of registration. There is no stated upper age limit.
Related topics: artisan loan traditional trades toolkit grant skill training CGTMSE 18 trades India
Ready to Apply for PM Vishwakarma Yojana (PM Vishwakarma Kaushal Samman) in India?
Varahii's verified consultants handle everything — eligibility check, document preparation, application filing, and follow-up with India authorities. 100% free initial consultation.