PM Vishwakarma Yojana 2026 — ₹3 Lakh Loan, Free Tools & Training for Artisans
PM Vishwakarma Yojana 2026: Apply for ₹3 lakh collateral-free loan at 5%, free skill training with ₹500/day stipend, and ₹15,000 toolkit voucher. Eligibility, 18 trades list, application steps.
Table of Contents ▾
Quick summary. PM Vishwakarma Yojana is a five-year central scheme (FY 2023–24 to 2027–28, ₹13,000 crore outlay) for traditional artisans and craftspeople in 18 notified trades. Beneficiaries get a Vishwakarma certificate + ID, ₹15,000 toolkit voucher, 5–7 days of basic skill training with ₹500/day stipend, and collateral-free credit up to ₹3 lakh in two tranches at 5% concessional interest. Apply mode: Online via pmvishwakarma.gov.in → three-step verification (Gram Panchayat / ULB → District → Screening Committee).
PM Vishwakarma is the Government of India’s flagship intervention for the Vishwakarma community — carpenters, blacksmiths, potters, cobblers, tailors, masons and 12 other craft trades that have historically worked with their hands and traditional tools. Launched on 17 September 2023, the scheme provides end-to-end support: recognition, skill upgradation, modern tools, working-capital credit, digital-payment incentive, and market linkage. As of the latest MoMSME data, 27 lakh artisans have been registered and 6.4 lakh toolkits disbursed under the scheme.
The scheme’s core idea is simple — most traditional artisans cannot access bank credit because they have no collateral and no formal trade license. PM Vishwakarma replaces collateral with the government’s credit guarantee, replaces trade licenses with the Vishwakarma certificate, and pairs the credit with training so the loan actually translates into higher earnings.
Scheme at a glance
| Detail | Information |
|---|---|
| Scheme name | Pradhan Mantri Vishwakarma (PM Vishwakarma) |
| Ministry | Ministry of Micro, Small and Medium Enterprises (MoMSME) |
| Launched | 17 September 2023 |
| Outlay | ₹13,000 crore (FY 2023–24 to 2027–28) |
| Toolkit voucher | ₹15,000 (e-voucher, redeemable at GeM-listed vendors) |
| Stipend during training | ₹500 per day (basic + advanced) |
| Credit support | ₹1 lakh (1st tranche, 18-month tenure) + ₹2 lakh (2nd tranche, 30-month tenure) at 5% interest |
| Digital incentive | ₹1 per digital transaction (max 100 transactions/month) |
| Trades covered | 18 (see list below) |
| Apply mode | Online via CSC-assisted enrolment |
| Official portal | pmvishwakarma.gov.in |
Who is eligible?
Educational Qualification
Not applicable (no minimum)
Age Limit (As on Date of registration)
18 to 120 Years
Other Requirements
- Nationality: Indian citizen
- Engaged in one of the 18 notified family-based traditional trades on a self-employment basis (not a salaried employee)
- Has not availed credit-based subsidy under similar central schemes (PMEGP, PM SVANidhi, MUDRA) in the last 5 years — for the same enterprise
- Government employees and their family members are not eligible
- Only one member per family (husband + wife + unmarried children) can register
- The trade must be the artisan's primary livelihood, not a hobby or part-time activity
The 18 covered trades
Carpenter (Suthar/Badhai) · Boat maker · Armourer · Blacksmith (Lohar) · Hammer & toolkit maker · Locksmith · Goldsmith (Sonar) · Potter (Kumhaar) · Sculptor (Murtikar / stone carver) · Cobbler (Charmkar / Mochi) · Mason (Rajmistri) · Basket / mat / broom maker (also coir weaver) · Doll & toy maker (traditional) · Barber (Naai) · Garland maker (Malakaar) · Washerman (Dhobi) · Tailor (Darzi) · Fishing-net maker.
In simple terms. If you work with your hands using traditional tools, in any of these 18 trades, on your own account (not as someone’s employee) — you qualify. Your name does not need to be on any pre-existing list. The scheme is enrolment-based, with verification at three levels.
What benefits do you get?
| Benefit | Details |
|---|---|
| Recognition | PM Vishwakarma certificate + photo ID card (digital + physical) |
| Skill upgradation | 5–7 days basic training + 15 days advanced training (optional) at empanelled training centres |
| Stipend | ₹500 per day during training period |
| Toolkit voucher | ₹15,000 e-voucher (after basic training, redeemable for trade-specific tools on GeM portal) |
| Credit — Tranche 1 | Up to ₹1 lakh at 5% interest, 18-month tenure, collateral-free (after basic training) |
| Credit — Tranche 2 | Up to ₹2 lakh at 5% interest, 30-month tenure (after Tranche 1 is repaid + standard ledger account + digital transactions adopted) |
| Interest subvention | Government bears 8% — borrower pays only 5% |
| Digital-transaction incentive | ₹1 per digital transaction, up to 100 transactions per month |
| Marketing support | Branding, e-commerce onboarding (ONDC, GeM), trade fair participation |
The total cash and in-kind value across both credit tranches plus toolkit plus training stipend can exceed ₹3.4 lakh per artisan over the support period.
Documents required
While filling online form
- Aadhaar card (must be linked to active mobile number)
- Active mobile number for OTP verification
- Bank account details (passbook or cancelled cheque)
- Ration card (one entry per family is allowed)
- Self-declaration of trade / craft practised (oral declaration during enrolment)
Income certificate and BPL proof are not required. The scheme does not have an income ceiling — eligibility depends on the trade, not on income.
How to apply
Step 1 — Enrol at a Common Service Centre (CSC)
Direct self-registration on pmvishwakarma.gov.in is not available — enrolment goes through a CSC operator (Village-Level Entrepreneur / VLE).
- Visit your nearest Common Service Centre with Aadhaar + mobile + bank passbook + ration card.
- The VLE opens the PM Vishwakarma enrolment portal and runs Aadhaar e-KYC (biometric or OTP).
- Declare your trade, enter family + bank details, capture a workshop / tool photograph.
- Submit. You receive an enrolment ID by SMS.
Step 2 — Three-stage verification
| Stage | Verifier | What they check |
|---|---|---|
| 1 | Gram Panchayat (rural) / ULB (urban) | Trade is genuine and primary livelihood; recommends or rejects |
| 2 | District Implementation Committee | Cross-checks against duplicates and ineligibility filters |
| 3 | State / Screening Committee | Final approval — issues PM Vishwakarma certificate + ID |
Total time: typically 30–60 days from enrolment to certificate issue.
Step 3 — Claim your benefits
- Once the certificate is issued, log in at pmvishwakarma.gov.in with your enrolment ID + Aadhaar OTP.
- Choose a basic training slot at an empanelled centre (5–7 days). Stipend of ₹500/day is credited to your bank account daily.
- After training, the ₹15,000 toolkit voucher is auto-issued — redeem on GeM for trade-specific tools.
- Apply for the first credit tranche (up to ₹1 lakh) directly from the dashboard — funds disbursed by an empanelled bank.
⏰ Last Date: Open (rolling enrolments till 31 March 2028)
Find a CSC and enrolClicking this button will take you to the official government portal.
Status check & common rejections
Sign in at pmvishwakarma.gov.in → Beneficiary login → My applications to see the current verification stage.
| Status shown | What to do |
|---|---|
| Pending at Gram Panchayat | Visit your Panchayat office in person — ask the Sachiv to verify and forward |
| Rejected at District | Most common reason: trade does not match the 18 list. If your trade is genuine but classified wrong, re-enrol with the correct trade |
| Rejected at Screening Committee | Usually due to duplicate enrolment in the same family. Only one member per family is allowed |
| Approved but training not allotted | Empanelled centres in your district may be full. Pick a centre in an adjacent district — travel allowance is not paid, but the stipend still is |
Frequently asked questions
1. Who exactly counts as an artisan under PM Vishwakarma?
2. Is the ₹15,000 toolkit given as cash?
3. What is the interest rate I actually pay on the loan?
4. Can I get the second tranche of ₹2 lakh straight away?
5. Does the scheme have an income limit?
6. Are SC / ST / OBC artisans given preference?
7. Can two members of the same family apply?
8. What if my trade is not in the list of 18?
Latest updates
The October 2025 review meeting expanded the list of empanelled training partners (from 256 to 410 institutes) and integrated PM Vishwakarma artisans with the ONDC seller network — registered Vishwakarmas can now sell on ONDC without paying onboarding fees for the first year. The 2026 budget retained the ₹13,000 crore five-year outlay and added a ₹1,200 crore allocation for digital marketing support.
Official links
Disclaimer. SarkariBaba is an independent information publisher. We are not affiliated with the Ministry of MSME. Always verify current eligibility, training-centre availability and the exact loan terms at pmvishwakarma.gov.in before applying.
