PM Vishwakarma Yojana — ₹15,000 Toolkit + Loan

What is PM Vishwakarma Yojana?

PM Vishwakarma Yojana is a central government scheme launched in September 2023 to support traditional artisans and craftspeople of India. The scheme provides free skill training, a toolkit worth ₹15,000, and collateral-free business loans at a very low interest rate of 5% per year.

The scheme covers 18 traditional trades including carpenter, blacksmith, potter, goldsmith, tailor, cobbler, boat maker, and more. It is specifically designed for those who work with their hands and tools in these traditional occupations.

Key Benefits

• Recognition: Official PM Vishwakarma certificate + ID card
• Skill Training: Free basic training (5 days) and advanced training (15 days) with ₹500/day stipend during training
• Toolkit Grant: ₹15,000 directly credited to bank account to buy tools
• Loan — Tier 1: Up to ₹1 lakh at 5% interest (collateral-free)
• Loan — Tier 2: Up to ₹2 lakh additional after repaying Tier 1 (total up to ₹3 lakh)
• Digital payment incentive: ₹1 per digital transaction (up to 100 transactions/month = ₹100/month)
• Market linkage: Help connecting to GeM portal, e-commerce, and trade fairs

Who is Eligible?

• Age: 18 years and above
• Occupation: Must be working in one of the 18 covered traditional trades (with hands and tools, not machine-based)
• Registration: Should not be enrolled in similar central government self-employment schemes (PMEGP, PM SVANidhi, Mudra)
• Family: Only one member per family can apply

18 Covered Trades

Documents Required

1. Aadhaar card (mobile number must be linked to Aadhaar)
2. Bank passbook (account must be Aadhaar-linked for DBT)
3. Ration card or any proof of family
4. Mobile number (OTP-based verification)
5. Photograph (passport size)

How to Apply Online — Step by Step

Registration must be done at a CSC (Common Service Centre) or through Gram Panchayat — individual self-registration is not available.

1. Visit your nearest CSC (Common Service Centre) or Gram Panchayat office
2. Tell them you want to register for PM Vishwakarma Yojana
3. Carry your Aadhaar card and bank passbook
4. The CSC operator will verify your Aadhaar via biometric or OTP
5. Fill the registration form — trade, experience details, family info
6. Submit — you will get an application reference number
7. Within a few days, your application is verified by a Gram Panchayat or Town Panchayat committee
8. After approval, you receive your PM Vishwakarma Certificate + ID card
9. Enrol in training at a nearby Training Institute
10. After training, apply for the ₹15,000 toolkit grant
11. After toolkit, apply for Tier 1 loan (up to ₹1 lakh)

How to Check Application Status

1. Visit pmvishwakarma.gov.in
2. Click "Beneficiary Login" or "Check Status"
3. Enter your mobile number registered during application
4. Enter OTP — your application status and benefits disbursed will be shown

Frequently Asked Questions

What is the interest rate on PM Vishwakarma loan?

The loan interest rate is 5% per year — much lower than regular bank loans. The government pays the remaining interest as a subsidy (the bank's actual rate is higher, but you only pay 5%).

Can I apply online myself without going to CSC?

No — as of now, self-registration is not available. You must visit a Common Service Centre (CSC) or Gram Panchayat to register. Find your nearest CSC at locator.csccloud.in.

How much is the training stipend?

You get ₹500 per day as stipend during the training period (5 days basic + 15 days advanced = up to 20 days × ₹500 = ₹10,000 total).

Is the ₹15,000 toolkit grant a loan or free money?

The ₹15,000 toolkit allowance is a grant — not a loan. You do not have to repay it. It is directly credited to your Aadhaar-linked bank account.

Can a woman artisan apply?

Yes — women artisans in any of the 18 trades are fully eligible. There is no gender restriction.

What if my trade is not in the 18 listed trades?

Currently the scheme only covers the 18 listed traditional trades. If your trade is not listed, you may be eligible for other schemes like PM MUDRA Yojana or PMEGP.

How long does it take to get the loan?

After completing training and receiving the toolkit grant, the loan process typically takes 2–4 weeks through the designated bank. The entire journey from registration to first loan may take 2–3 months.

Official Links

• Apply / Register: pmvishwakarma.gov.in
• Find nearest CSC: locator.csccloud.in
• Scheme details: myscheme.gov.in
• Helpline: 18002677777 (toll-free)