PM Vishwakarma Yojana 2025 is a major Central Sector scheme started by the Ministry of Micro, Small & Medium Enterprises (MSME) to uplift India’s traditional artisans and craftspeople. The main purpose of this scheme is to give them proper recognition, financial support, modern toolkits, skill training and digital incentives so they can carry forward their traditional work with more confidence and better income.
The scheme was officially launched in 2023 and will run till 2027–28. Artisans working in 18 traditional trades can benefit from easy loans, skill development programs and market linkage support. For many small artisans who don’t get financial chances anywhere, PM Vishwakarma Loan Yojana 2025 can provide a loan up to ₹3,00,000 at a concessional rate, along with free skill training and upgraded tools.
Table of Contents
Objectives of PM Vishwakarma yojana
Skill Training and Toolkits
Key Features of PM Vishwakarma Loan Yojana 2025
Loan Facility under PM Vishwakarma
Trades Covered under PM Vishwakarma Scheme
Eligibility Criteria
Documents Required
How to Apply Online
Benefits of the Scheme
Important Links
FAQs
Objectives of PM Vishwakarma Yojana
The scheme aims to support and upgrade India’s ancient skills by:
Formally recognizing all traditional artisans as “Vishwakarma”.
Providing collateral-free loans for business expansion.
Promoting basic and advanced skill training programs.
Helping artisans adopt modern tools and latest technologies.
Encouraging digital payments through incentives.
Offering market linkage support so artisans can earn more income.
Skill Training and Toolkits
PM Vishwakarma doesn’t just offer money support. It also ensures every artisan gets practical training to improve their work quality.
Basic training of 5–7 days is provided.
Advanced training of 15 days or more is also available.
A daily stipend of ₹500 is given during training.
A modern toolkit worth ₹15,000 is provided free of cost.
This combination of training + tools helps artisans stay competitive in both local and global markets.
Key Features of PM Vishwakarma Loan Yojana 2025
Loan up to ₹3 lakh without any collateral.
Interest rate just 5%, remaining interest covered by the government.
Loans given in two phases – ₹1 lakh first, ₹2 lakh second.
Free training programs with stipend.
Modern toolkit assistance.
ID cards and certificates for recognition.
Incentives for digital payments.
Support for market linkage and business expansion.
Loan Facility under PM Vishwakarma Yojana
The loan structure under PM Vishwakarma Yojana is one of the biggest highlights:
Eligible artisans can get ₹3,00,000 in two parts.
First tranche of ₹1,00,000, repayable in 18 months.
After timely payment, second tranche of ₹2,00,000, repayable in 30 months.
Loan interest is only 5% for artisans.
Government gives 8% interest subvention, making repayment easier.
No need for any collateral or property.
This is very helpful for small artisans who usually face problem getting loans.
The scheme supports 18 traditional trades, including:
Carpenter
Goldsmith
Blacksmith
Potter
Sculptor
Cobbler
Mason
Dholak Maker
Garland Maker
Tailor
Barber
Washerman
Doll & Toy Maker
Fishing Net Maker
Locksmith
Stone Breaker
Basket/Matt Maker
Boat Maker
These trades represent India’s traditional heritage, and the scheme works to keep them alive.
Eligibility Criteria for PM Vishwakarma
To join the scheme, applicants must meet these conditions:
Must be an Indian citizen.
Should be working in any one of the 18 listed trades.
Must be 18 years or above.
Should not have taken similar benefits from other schemes.
Only one family member can apply.
Documents Required
Applicants need to submit:
Aadhaar Card
PAN Card
Domicile Certificate
Bank Account Details
Mobile Number linked with Aadhaar
Passport-size Photograph
Proof of trade (if needed)
How to Apply Online for PM Vishwakarma Loan Yojana 2025
Applying online is simple:
Visit the official PM Vishwakarma Portal (link provided by govt).
Click Apply Online.
Fill proper details in the application form.
Upload all required scanned documents.
Submit the application.
Save the acknowledgment receipt for future reference.
Once verification is done, the loan amount will be transferred to your bank account.
Benefits of PM Vishwakarma Loan Yojana 2025
Artisans get several major benefits:
Collateral-free loan up to ₹3 lakh.
Subsidized interest of only 5%.
Free training with daily stipend.
Free toolkit worth ₹15,000.
Recognition as Vishwakarma artisan.
Digital payment incentives.
Business growth through market linkage.
Important Links
Artist Registration Form – Click here
Download Artisan Certificate – Click here
Beneficiary Login – Click here
Q1: What is PM Vishwakarma Scheme?
Ans: It is a central government scheme that provides loans, training, tools, and market support to artisans and craftsmen.
Q2: How many trades are covered?
Ans: A total of 18 traditional trades like carpenter, tailor, barber, goldsmith etc.
Q3: How much loan can be taken?
Ans: Up to ₹3 lakh in two installments.
Q4: Is collateral needed?
Ans: No, all loans are completely collateral-free.
Q5: What is the interest rate?
Ans: Beneficiaries pay only 5%, government covers the rest.
Q6: What documents are required?
Ans: Aadhaar, PAN, domicile certificate, bank details, and mobile number.
Q7: Who gets the second loan of ₹2 lakh?
Ans: Artisans who repay the first ₹1 lakh loan within 18 months.
Q8: Is training compulsory?
Ans: Yes, basic training is required before getting the first loan.
Q9: What are the additional benefits?
Ans: Free toolkit, stipend, digital incentives, and market linkage support.