PM Vishwakarma Yojana
Loans up to ₹3 Lakh for traditional artisans and craftspeople
Amount Range
Up to ₹3 Lakh
Timeline
15-30 days
Interest Rate
5% (after subvention)
Subsidy
5% Interest
Overview
PM Vishwakarma Yojana provides collateral-free credit, skill training, and modern tools to artisans and craftspeople engaged in traditional trades.
Key Benefits
Collateral-free loan up to ₹3 Lakh
Interest subvention of 5%
Skill training with stipend
Modern tools assistance up to ₹15,000
Eligibility Criteria
Business Types
Sole ProprietorPartnership
Categories
GENERALWOMENSC/STMINORITY
Purposes
EquipmentWorking CapitalExpansion
Required Documents
Identity Proof (Aadhaar)
Address Proof
Bank Account Details
Caste Certificate (if applicable)
Skill Certificate
Frequently Asked Questions
Traditional artisans and craftspeople such as carpenters, blacksmiths, goldsmiths, potters, weavers, and 18 identified trades can apply.
Apply with Expert Help
Our experts will guide you through the entire application process
Not Sure About Eligibility?
Use our free eligibility calculator to find matching schemes
Check Eligibility