Pm Narendra Modi had launched this special scheme last year on the occasion of Vishwakarma Jayanti. In this, skilled people related to 18 trades are given loans up to Rs 3 lakh without guarantee to start their own business.
If you want to start your own business and have financial problems, then don’t worry, Modi government itself is helping you. Yes, PM Vishwakarma Yojana can be useful for you. Under this, the government provides financial assistance up to Rs 3 lakh to the needy and the special thing is that you do not have to give any guarantee against this loan. Under this scheme, some rules have been fixed and to get the guaranteed ones, you must be associated with any one of the 18 trades included in the scheme. Let us know the complete process of applying for this…
This is how the loan amount is released
Any skilled person can start his own business by taking benefits under PM Vishwakarma Yojana. To get help in the financial problems faced by him, he can apply for a loan under the scheme. In this, Modi Govt has made a provision for loan up to Rs 3 lakh, which is issued in two phases. Under PM Vishwakarma Yojana, a loan of Rs 1 lakh is given in the first phase to start a business, while after its start, a loan of Rs 2 lakh is given to the beneficiary in the second phase for expansion. For this, where the applicant does not have to give any guarantee, this loan will be provided at a very concessional interest rate of 5 percent.
Skill training to improve skills
This special scheme of Modi government was launched last year in the month of September in 2023. Its objective is to provide financial assistance to skilled people and encourage them to do business. Not only loan, but many other benefits are given in this scheme, in which skill training has also been arranged for the people associated with various trades to establish business in that sector and provision of stipend has also been made during the training. . Yes, in this scheme, on one hand a loan of Rs 3 lakh is given to set up a business, on the other hand, to further improve the skills of the people in the 18 trades decided under it, about a week’s training is also given through master trainers. And along with this, a daily stipend of Rs 500 is also available.
These 18 working people can get loan
Talking about the trades included in PM Vishwakarma Yojana, it includes carpenters, boat makers, blacksmiths, locksmiths, goldsmiths, pottery makers, sculptors, masons, fish net makers, Includes tool kit makers, stone breakers, cobblers/shoe artisans, basket/mat/broom makers, doll and other toy makers (traditional), barbers, garland makers, washermen, tailors.
You should have this qualification to get a loan
- The applicant must be a citizen of India.
- The beneficiary Vishwakarma should belong to one of the 18 trades decided.
- The age of the applicant should be more than 18 years and less than 50 years.
- Must have certificate in related trade from a recognized institute.
- Must belong to one of the 140 castes included in the scheme.
These documents are required at the time of application
- Aadhar card
- PAN card
- income certificate
- caste certificate
- identity card
- Address proof
- passport size photograph
- bank passbook
- valid mobile number
Apply online like this
- Go to the official website pmvishwakarma.gov.in.
- PM Vishwakarma Kaushal Samman Yojana will be visible on the homepage.
- Click on the Apply Online option link present here.
- Now here you will need to register yourself.
- Registration number and password will be sent to your mobile through SMS.
- After this, read the registration form thoroughly and fill it completely.
- Scan and upload all the required documents along with the filled form.
- Now check the information entered in the form once again and submit it.
