Complete guide to PM Vishwakarma Yojana 2026. Check eligibility for 18 trades, get ₹3 Lakh loan at 5% interest, ₹15,000 toolkit, and apply online easily.
Are you a skilled artisan working with your hands? Whether you are a carpenter, a tailor, or a mason, your skills are the backbone of India’s economy. To support hardworking individuals like you, the Government of India is aggressively pushing the PM Vishwakarma Yojana 2026.
This scheme is not just about a loan; it is a complete support system that offers training, money for tools, and business expansion loans at a very low interest rate. In 2026, the government has streamlined the process to make it faster for applicants to get their benefits directly into their bank accounts.
In this guide, we will cover everything you need to know about the PM Vishwakarma Yojana 2026—from eligibility and the list of 18 trades to the step-by-step online application process.
What is PM Vishwakarma Yojana?
The PM Vishwakarma Yojana is a Central Sector Scheme launched by the Ministry of Micro, Small, and Medium Enterprises (MoMSME) on September 17, 2023 (Vishwakarma Jayanti). It was designed to uplift traditional artisans and craftspeople (Vishwakarmas) who work with their hands and tools.
While the scheme was launched a few years ago, it remains highly relevant in 2026 because the government aims to support 30 lakh families over a five-year period (up to 2027-28).
Objective of the Scheme:
The primary goal is to integrate artisans into the domestic and global value chains. It ensures they get recognition, skill upgradation, and financial support to modernize their trade.
Why It Is Important in 2026
In 2026, the competition in local markets has increased. This scheme helps artisans survive and thrive by providing:
- Modern Tools: Moving away from old tools to efficient, modern ones.
- Digital Skills: Teaching artisans how to accept digital payments.
- Cheap Capital: Loans at just 5% interest are unheard of in the private market.
PM Vishwakarma Yojana 2026 – Key Benefits
If you register successfully, you are entitled to the following major benefits:
1. PM Vishwakarma Toolkit Scheme (₹15,000)
Once your basic training is verified, you receive a Toolkit Incentive of ₹15,000. This is given as e-vouchers (e-RUPI) to purchase modern tools relevant to your trade. You do not need to pay this back; it is a grant.
2. Skill Training & Stipend
- Basic Training: 5 to 7 days of skill verification and training.
- Advanced Training: Interested candidates can enroll for 15 days or more.
- Stipend: During the training period, you will receive a stipend of ₹500 per day directly in your bank account.
3. Collateral-Free Loan Assistance
This is the biggest attraction of the PM Vishwakarma Yojana loan.
- First Installment: Up to ₹1,00,000 (repayable in 18 months).
- Second Installment: Up to ₹2,00,000 (repayable in 30 months).
- Note: You can apply for the second loan only after repaying the first one successfully.
4. PM Vishwakarma Certificate & ID Card
You get official recognition as a skilled artisan, which can help in building trust with customers.
5. Incentive for Digital Transactions
To encourage digital India, beneficiaries earn ₹1 per digital transaction (up to 100 transactions per month).
Eligible Trades List
Currently, the scheme covers 18 traditional trades. You must belong to one of these categories to apply:
- Carpenter (Suthar)
- Boat Maker
- Armourer
- Blacksmith (Lohar)
- Hammer and Tool Kit Maker
- Locksmith
- Goldsmith (Sonar)
- Potter (Kumhaar)
- Sculptor (Moortikar, stone carver), Stone breaker
- Cobbler (Charmkar)/ Shoesmith
- Mason (Rajmistri)
- Basket/Mat/Broom Maker/Coir Weaver
- Doll & Toy Maker (Traditional)
- Barber (Naai)
- Garland Maker (Malakaar)
- Washerman (Dhobi)
- Tailor (Darzi)
- Fishing Net Maker
Eligibility Criteria
Before you click on PM Vishwakarma Yojana apply online, ensure you meet these strict conditions:
- Age Limit: Minimum 18 years on the date of registration.
- Occupation: Must be engaged in one of the 18 trades mentioned above and working with hands/tools.
- Family Rule: The benefit is restricted to one member per family (Family = Husband, Wife, and unmarried children).
- No Past Loans: You should NOT have availed loans under schemes like PMEGP, PM SVANidhi, or Mudra in the last 5 years.
- Employment: Government employees and their family members are not eligible.
Required Documents
Keep these documents ready to ensure a smooth application:
- Aadhaar Card (Mandatory)
- Mobile Number (Must be linked to Aadhaar)
- Bank Account Details (Passbook copy)
- Ration Card (If Ration card is not available, you may need to provide Aadhaar cards of all family members to prove family composition).
- Skill Proof: (Self-declaration is usually sufficient, but having a traditional ID helps).
PM Vishwakarma Yojana Loan Details
For 2026, the financial terms remain highly artisan-friendly.
| Feature | Details |
| Interest Rate | Fixed at 5% per annum (Govt provides subsidy of 8%) |
| Collateral | Zero. No guarantee required. |
| Loan Limit | Total ₹3 Lakhs (₹1L + ₹2L) |
| Repayment Tenure | 18 Months (1st Loan) / 30 Months (2nd Loan) |
| Penalty | None for pre-payment |
How to Apply Online for PM Vishwakarma Yojana 2026
The application process is digital but requires biometric verification. You generally cannot do it entirely from your mobile at home; visiting a CSC is recommended.
Step 1: Registration (Mobile Verification)
- Visit the official portal: pmvishwakarma.gov.in
- Click on ‘Login’ and select ‘Applicant/Beneficiary Login’.
- Enter your mobile number and Aadhaar number for OTP verification.
Step 2: Artisan Registration Form
- Fill in your personal details (Name, Trade, Address).
- This step usually requires Biometric Authentication at a Common Service Centre (CSC).
- Tip: Locate your nearest CSC if you don’t have a biometric device.
Step 3: Verification
- Once submitted, your application goes to three levels of verification:
- Gram Panchayat / ULB Level
- District Implementation Committee
- Screening Committee
Step 4: Certification & Training
- After approval, download your PM Vishwakarma Certificate.
- You will be called for the 5-day basic training.
Step 5: Apply for Loan
- After training, apply for the toolkit voucher and the first loan tranche directly through the portal.
PM Vishwakarma Yojana Status Check
Waiting for approval? Here is how to check your status in 2026:
- Go to pmvishwakarma.gov.in.
- Click on the Login button.
- Enter your registered mobile number and OTP.
- Your dashboard will show the current stage: “Pending at Gram Panchayat” or “Approved by District Committee”.
Common Reasons for Application Rejection
Many artisans face rejection. Avoid these mistakes:
- Family Duplication: If your husband/wife has already applied, your form will be rejected.
- Past Loans: If you took a Mudra loan in 2022 or 2023 and haven’t fully repaid it or the 5-year cooling period isn’t over.
- Wrong Trade: Applying as a “Tailor” but actually running a “Retail Cloth Shop” (You must be a maker, not just a seller).
- Age Issue: Applicant is below 18.
Latest Updates & Expected Changes in 2026
As of January 2026, the government is focusing on:
- Faster Disbursement: Reducing the time between training completion and loan disbursement.
- Stricter Verification: Physical verification by Gram Pradhans is becoming stricter to weed out fake applicants.
- Expanded Training: More training centers are being added at the block level to reduce travel time for artisans.
Frequently Asked Questions (FAQs)
Q1. Is the PM Vishwakarma toolkit scheme money refundable?
No, the ₹15,000 for the toolkit is a grant (free money) given via e-voucher. You do not have to pay it back.
Q2. Can I apply for PM Vishwakarma Yojana 2026 from my mobile?
You can start the registration, but you must visit a CSC (Common Service Centre) for mandatory biometric verification.
Q3. What is the interest rate for the PM Vishwakarma loan?
The interest rate is fixed at a concessional 5% per annum. The remaining interest cost is borne by the government.
Q4. I am a housewife doing tailoring at home. Can I apply?
Yes! If you are engaged in the trade of tailoring (Darzi) and meet the age criteria, you are eligible.
Q5. How long does it take to get the loan?
After passing the 3-level verification and completing the 5-day basic training, the loan process typically takes 15–30 days depending on the bank.
Q6. Is CIBIL score required for PM Vishwakarma loan?
No, this is a collateral-free loan, and a high CIBIL score is not a strict mandatory requirement, though basic credit discipline is expected.
Conclusion
The PM Vishwakarma Yojana 2026 is a golden opportunity for India’s traditional workforce. It respects your skill and provides the financial fuel needed to grow your small business. Whether you need the ₹15,000 toolkit or the ₹3 Lakh loan, the path to self-reliance starts with registration.
If you are an eligible artisan, do not wait. Gather your documents and visit your nearest CSC today to apply.
