PM Vishwakarma Yojana: Toolkit and ₹3 Lakh Loan Guide
- Published 21 October 2026
- Last updated Updated 21 Oct 2026
- 5 min read
- founders
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Apply for PM Vishwakarma Yojana to get a ₹15,000 toolkit e-voucher, ₹3 Lakh collateral-free loan at 5% interest, and specialized skill training.
The PM Vishwakarma Yojana is a landmark Central Sector Scheme designed to provide end-to-end support to artisans and craftspeople who work with their hands and tools. Launched to preserve India’s rich cultural heritage, the scheme integrates traditional trades into the formal economy.
By offering financial assistance and skill upgradation, the government aims to empower 18 traditional trades across the country. This initiative ensures that the 'Vishwakarmas' of India receive the recognition and resources they deserve to scale their small businesses.
Whether you are a carpenter, blacksmith, or goldsmith, this scheme provides a comprehensive package including ID cards, toolkits, and low-interest loans to help you achieve self-reliance and better market access.
Info
This scheme is administered by Ministry of Micro, Small and Medium Enterprises (MoMSME). Applications are accepted only through the official portal.
What is this scheme?
PM Vishwakarma is a holistic scheme aimed at strengthening the Guru-Shishya parampara or the family-based practice of traditional skills by artisans. The scheme covers 18 traditional trades, including Cobblers, Potters, Masons, and Weavers, ensuring they have access to modern technology and credit.
Participants are recognized through a PM Vishwakarma Certificate and ID Card, which grants them a distinct identity in the artisan community. The scheme is implemented through a collaborative effort between the Ministry of MSME, Ministry of Skill Development, and Department of Financial Services.
Beyond financial aid, the scheme focuses on brand promotion and market linkages. This ensures that the products made by Indian artisans reach both domestic and international markets, significantly improving the livelihood of millions of families across rural and urban India.
Objective
The scheme aims to enhance the quality and reach of products made by artisans while ensuring their integration into the domestic and global value chains through financial support and skill training.
Key features
- Recognition through PM Vishwakarma Certificate and ID Card
- Skill verification followed by 5-7 days of basic training
- Toolkit incentive of ₹15,000 via e-vouchers
- Collateral-free enterprise development loans up to ₹3 Lakh
- Concessional interest rate of 5% with interest subvention
- Incentives for digital transactions and marketing support
Financial benefits
Eligible artisans receive a ₹15,000 toolkit incentive and a total loan amount of ₹3 Lakh in two tranches (₹1 Lakh and ₹2 Lakh) at a subsidized 5% interest rate.
| Benefit | Amount |
|---|---|
| Toolkit Incentive | ₹15,000 |
| First Loan Tranche | ₹1 Lakh |
| Second Loan Tranche | ₹2 Lakh |
| Stipend during Training | ₹500 per day |
Who is eligible?
- Must be an artisan or craftsperson working in one of the 18 specified trades
- Minimum age of the applicant should be 18 years on the date of registration
- The applicant should be engaged in the trade on the date of registration
- Only one member of a family is eligible to receive benefits
- Must not have taken similar credit-based loans (e.g., PMEGP, PM SVANidhi, Mudra) in the last 5 years
- Government servants and their family members are not eligible
Required documents
- ☑ Aadhaar Card
- ☑ Mobile number linked with Aadhaar
- ☑ Bank Account details (Passbook)
- ☑ Ration Card (for family verification)
- ☑ Caste Certificate (if applicable)
Tip
Keep scanned copies (PDF/JPG, under 200 KB each) ready before you start the online form.
How to apply — step by step
- Visit the nearest Common Service Centre (CSC) for biometric-based registration.
- Submit your Aadhaar number and mobile number for OTP verification.
- Complete the artisan registration form with trade details and bank info.
- Undergo the three-tier verification process (Gram Panchayat/ULB, District, and State levels).
- Receive the PM Vishwakarma Digital ID and Certificate after successful verification.
- Apply for the basic skill training program (5-7 days).
- Collect the ₹15,000 toolkit e-voucher after training commencement.
- Apply for the first tranche of the ₹1 Lakh loan through the portal.
Important dates
| Event | Date |
|---|---|
| Scheme Launch | |
| Application Deadline | Ongoing (As per latest notification, verify on official portal) |
Important
Deadline: applications close on Ongoing (As per latest notification, verify on official portal). Apply well before the last date — portals get slow on the final day.
Important links
| Resource | Link |
|---|---|
| Official Website | Official Website |
| MSME Guidelines | MSME Guidelines |
| Helpline | 18002677777 |
| pm-vishwakarma@gov.in |
Conclusion
The PM Vishwakarma Yojana is a transformative step toward empowering India’s traditional workforce. By providing financial liquidity, modern tools, and formal training, the scheme bridges the gap between ancient skills and modern market demands. If you are an artisan looking to scale your craft, ensure you register at your local CSC today. Stay updated with the latest government opportunities and application deadlines by signing up for the YojanaRadar newsletter. We bring you verified, timely information on all major central and state schemes.
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