Govt Schemes Hub

PM Vishwakarma Scheme
Eligibility Calculator 2025

Check your eligibility instantly & estimate training stipend, toolkit grant, and concessional loan benefits

ⓘ
PM Vishwakarma Yojana — Launched September 2023, this central scheme supports artisans in 18 traditional trades with skill training, toolkit grant, and concessional credit.
Last updated: July 2026. Verify eligibility and benefits at pmvishwakarma.gov.in.

✓ Check Your Eligibility

1
Select Your Trade
PM Vishwakarma covers 18 specific traditional trades. Your trade may not be eligible under this scheme. Check the official site for updates.
2
Basic Criteria
3
Previous Scheme Check
4
Family Check

📋 Eligibility Result

✅

ELIGIBLE

You qualify for PM Vishwakarma scheme benefits. See your estimated benefits below.

Training Stipend
₹10,000
5 + 15 days x ₹500/day
Toolkit Grant
₹15,000
e-voucher for tools
Tier 1 Loan
₹1,00,000
at 5% interest
Interest Saving
₹6,143
vs 12% market rate / 18 mo

Tier 1 Loan EMI Comparison (₹1,00,000 / 18 months)

MetricPM Vishwakarma (5%)Market Rate (12%)
Loan Amount₹1,00,000₹1,00,000
Monthly EMI₹5,917₹6,157
Total Payment₹1,06,508₹1,10,829
Total Interest₹6,508₹10,829
Interest Saving₹4,321 saved vs market
TOTAL IMMEDIATE BENEFIT
Stipend + Toolkit + Interest Saving
₹29,321

How to Apply

  1. Visit pmvishwakarma.gov.in or go to your nearest CSC (Common Service Centre)
  2. Register using your Aadhaar-linked mobile number for OTP verification
  3. Fill in trade details, family information, and bank account details
  4. Upload required documents (Aadhaar, photo, bank passbook)
  5. Receive PM Vishwakarma Certificate & ID Card after verification
  6. Enrol for skill training (5-day basic + 15-day advanced at ₹500/day stipend)
  7. Apply for toolkit e-voucher (₹15,000) and Tier 1 loan (₹1,00,000 at 5%)

Documents Needed

🎯 Scheme Eligibility Score

Eligibility Score --/100

Benefits Breakdown

📜 Scheme Benefits Explained

PM Vishwakarma Certificate
Official Recognition
Certificate + ID Card issued
Basic Skill Training
₹2,500 stipend
5 days x ₹500/day
Advanced Skill Training
₹7,500 stipend
15 days x ₹500/day
Toolkit Incentive
₹15,000
e-voucher for trade tools
Tier 1 Loan
₹1,00,000 @ 5%
Collateral-free, 18 months
Tier 2 Loan
₹2,00,000 @ 5%
After Tier 1 repayment
Digital Payment Incentive
₹1/transaction
Up to ₹100/month
Marketing Support
GeM + Trade Fairs
Market access & onboarding
Interest saving formula: EMI at market rate (12%) minus EMI at 5% x 18 months = total interest saving on Tier 1 loan.
Disclaimer PM Vishwakarma scheme details are as per publicly available information as of July 2025. Eligibility criteria, benefit amounts, and loan terms are subject to change. Verify at pmvishwakarma.gov.in or your nearest CSC centre. This calculator is for informational purposes only and does not constitute a guarantee of benefits.
Last updated: July 2026. Verify eligibility and benefits at pmvishwakarma.gov.in.

❓ Frequently Asked Questions

Indian citizens aged 18 and above working in one of 18 traditional trades (Carpenter, Blacksmith, Potter, Tailor, Goldsmith, Barber, and others) as self-employed or family business are eligible. Government employees, those whose family member is already enrolled, and persons under age 18 are NOT eligible. Only one member per family can enrol.
Eligible artisans can avail a Tier 1 collateral-free loan of Rs. 1,00,000 at 5% concessional interest repayable over 18 months. After successful repayment, a Tier 2 loan of Rs. 2,00,000 is available at the same 5% rate. The government subsidises the difference from market interest rates.
The PM Vishwakarma scheme offers credit at a concessional rate of 5% per annum — significantly lower than the typical market rate of 12-18% for small business loans. The government subsidises the remaining interest cost through the scheme, making it one of the cheapest credit options for traditional artisans.
Visit pmvishwakarma.gov.in or go to your nearest CSC (Common Service Centre). You will need your Aadhaar card, Aadhaar-linked bank account details, Aadhaar-linked mobile number, and a passport photo. Registration is completely free. After verification you receive a PM Vishwakarma Certificate and ID Card.
Eligible artisans receive a toolkit incentive of Rs. 15,000 as an e-voucher. This voucher can be used to purchase trade-specific tools from empanelled vendors. It is provided after skill verification and basic training completion.
If you have availed a PMEGP, PM SVANidhi, or Mudra loan in the last 5 years, you may not be immediately eligible for the Tier 1 loan component under PM Vishwakarma. However, you may still be eligible for training and toolkit benefits. Check with your nearest CSC centre for the latest guidelines.

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