PM Vishwakarma (PMVK)
<p>PM Vishwakarma is a scheme to support traditional artisans and craftspeople engaged in hand and tool-based occupations by improving skills, providing financial assistance, promoting digital transactions, and strengthening market linkage support.</p>
Dynamic Subsidy Scaling Matrices
Under the official guidelines of this scheme, final margin money subsidies scale dynamically based on your gender, region of business setup, and social categories. Below is the detailed rate catalog:
Benefits Details
- Skill training with stipend support
- Toolkit incentive of up to ₹15,000
- Collateral-free enterprise development loans: First Loan up to ₹1 Lakh
- Second Loan up to ₹2 Lakhs at concessional interest rate
- Incentive for digital transactions
- Branding and market linkage support
- Certification and identity recognition as Vishwakarma artisan/craftsperson
Who can apply?
Any individual meeting the following guidelines is eligible for applying under this scheme:
| Target Beneficiary | Eligibility Criteria |
|---|---|
| Age Limit | Min Age: 18 years old. No upper age limits. |
| Target Gender | Suitable for Any category of applicants. |
| Category Required | Open to All social category classes. |
| Location Cover | Any Areas. |
| State Cover | Applicable across all states of India. |
Application Workflow Process
Eligibility Criteria
Traditional artisans and craftspeople engaged in hand/tool-based occupations
Minimum age: 18 years
Should be self-employed in traditional trades
Only one member per family eligible under the scheme
Applicant should not have availed similar central government self-employment loan schemes in recent years (except permitted categories)
Eligible trades: Carpenter, Blacksmith, Goldsmith, Potter, Cobbler, Mason, Tailor, Barber, Washerman, Basket/Mat/Broom Maker, Toy Maker, Fishing Net Maker, Garland Maker, Armourer, Locksmith, Hammer & Toolkit Maker, Boat Maker and other notified traditional occupations
How to Apply
Apply via CSC
Apply through Common Service Centres (CSCs)
Aadhaar Verification
Aadhaar-based registration and verification required
Scrutiny
Application verified by Gram Panchayat/ULB and screened by District Committee
Benefits Disbursement
After approval, beneficiary receives ID, training, and loan support
Online Submission
Submit your promoter profile and bank-ready DPR details on the official nodal portal.
Nodal Review
Department agency verifies your details and forwards recommendation to local banks.
Bank Sanction
Bank evaluates credit feasibility and sanctions the term loan and working capital.
Subsidy Release
Nodal agency releases capital margin money subsidy to a TDR block accounts.
Required Documents Checklist
Keep the following digital copies ready before filling out the online application form:
Aadhaar Card
Mobile Number linked with Aadhaar
PAN Card
Bank Account Details
Ration Card (if applicable)
Address Proof
Occupation/Trade Proof (if available)
Passport Size Photo
Frequently Asked Questions
Need Help?
Contact your local District Industries Centre (DIC) or Sri Yojana support desk for guidance and project filing support.
Request Guidance