§1Who it is for

  • Artisans and craftspeople in 18 family-based traditional trades, self-employed in the unorganised sector

Useful if

Traditional artisans in the 18 trades.

Do not spend time on it if

Factory owners or anyone with a government job in the family.

§2Eligibility

  1. Age 18 years or above on date of registration.
  2. Works with hands and tools in one of 18 trades: carpenter, boat maker, armourer, blacksmith/metalsmith, hammer & toolkit maker, locksmith, goldsmith, potter, sculptor/stone breaker, cobbler/footwear artisan, mason, basket/mat/broom maker/coir weaver, doll & toy maker, barber, garland maker, washerman, tailor, fishing net maker.
  3. Self-employed in the unorganised sector.
  4. Not availed loans under similar credit-based government schemes for self-employment/business in previous 5 years (fully repaid MUDRA and PM SVANidhi borrowers are eligible).
  5. Only one member per family (husband, wife, unmarried children).
  6. Government employees and their family members not eligible.

§3Benefits

  • PM Vishwakarma certificate and ID card.
  • Basic training 5–7 days and advanced training 15+ days, with ₹500/day stipend and ₹1,000 transport allowance.
  • Toolkit incentive up to ₹15,000 (e-vouchers).
  • Collateral-free Enterprise Development Loan up to ₹3 lakh: ₹1 lakh (18 months) then ₹2 lakh (30 months) at 5% interest; GoI subvention up to 8%.
  • ₹1 per digital transaction, up to 100 transactions per month.
  • Marketing support: quality certification, branding, GeM/e-commerce onboarding.

§4Norms — pattern of assistance

  1. First tranche after completing basic training.
  2. Second tranche needs repayment of first and adoption of digital transactions or completion of advanced training.
  3. Three-tier verification: Gram Panchayat/ULB → District Implementation Committee → Screening Committee.

§5Documents

Not published

The guideline does not list the documents. Ask the portal or bank before you apply — we do not make up lists.

§6How to apply

  1. 1

    Apply only through a Common Service Centre (CSC).

§7Pros and cons

Merits

  • Cheap credit at 5% with no collateral (PIB).
  • 6.19 lakh loans worth ~₹5,316 crore sanctioned; 18.16 lakh toolkits (PIB Sep 2026).

Demerits

  • Registration target already met — new entrants may not get in.
  • One member per family rule limits benefit in artisan families.
  • Loan size capped at ₹3 lakh.

→Related schemes

Need help with PM Vishwakarma?

Eligibility check, DPR and application file — ask us on WhatsApp.

WhatsApp usServices

Our interestHelp is our paid service. You can also apply for the scheme yourself.

Sources

  1. PIB backgrounder, Sep 2026: PM Vishwakarma — Strengthening Traditional Artisans and Craftspeople
  2. Ministry of MSME: Schemes for MSMEs booklet v2.0 (14 Feb 2025)
  3. Ministry of MSME: Annual Report 2025-26

Checked on 18 October 2026. For information only — confirm with the department or bank. Spotted a mistake? Report it.