PM Vishwakarma Yojana 2026: ₹3 Lakh Loan, Free Training & Toolkit – Full Details

The Government of India has launched the PM Vishwakarma Yojana 2026 to support traditional artisans and craftsmen. Under this scheme, eligible beneficiaries will receive financial assistance, skill training, and modern tools to improve their livelihood.

📌 Key Highlights

• Loan up to ₹3,00,000
• Interest subsidy on loans
• Free skill training programs
• Toolkit incentive support
• Digital payment incentives

💰 Financial Benefits

Beneficiaries will receive a loan in two phases:

• First Phase: ₹1,00,000
• Second Phase: ₹2,00,000

The loan comes with a low interest rate and government subsidy, making it easier for small artisans to grow their business.

🎯 Eligibility Criteria

• Applicant must be an Indian citizen
• Must be engaged in traditional artisan work
• Age should be 18 years or above
• No previous benefit under similar scheme

🛠 Eligible Professions

• Carpenter
• Blacksmith
• Goldsmith
• Potter
• Tailor
• Barber
• Washerman
• And other traditional workers

📚 Training & Skill Development

Selected candidates will get free training along with a daily stipend. This helps them upgrade their skills and increase earning potential.

📝 How to Apply

1. Visit the official PM Vishwakarma portal
2. Register with Aadhaar and mobile number
3. Fill application form
4. Upload required documents
5. Submit and track status

📄 Required Documents

• Aadhaar Card
• Bank Passbook
• Mobile Number
• Occupation Proof

📅 Important Notes

Applications are open throughout the year. Early application increases chances of faster approval.

⚠️ Disclaimer

This is an informational article. Applicants should verify details from the official government website before applying.