Daily · Free tool
PM Vishwakarma Yojana
For traditional artisans and craftsmen across 18 designated trades. Benefits: ₹15,000 toolkit incentive, collateral-free ₹3 lakh loan, skill training stipend.
FAQ
What is the loan tranche structure?
Tranche 1: ₹1 lakh at 5% interest, repayable in 18 months. After successful repayment + skill training, Tranche 2: ₹2 lakh at 5%, repayable in 30 months. Total ₹3 lakh.
Is the toolkit physical or cash?
Cash voucher of ₹15,000 to bank account, redeemable for tools. Trade-specific list maintained by the scheme. Sometimes implemented as direct toolkit distribution by district authorities.
Can multiple family members register?
No — one beneficiary per family for the toolkit + Tranche 1 loan. Other family members can register but receive only training and certification benefits.