PM Vishwakarma Yojana — Central Government 2024–25

PM Vishwakarma Project Report — 5% Interest Loan

Generate a complete project report for PM Vishwakarma Yojana covering 18 traditional trades. ₹1 lakh Tier-1 and ₹2 lakh Tier-2 loans at just 5% interest rate.

पीएम विश्वकर्मा योजना — 18 पारंपरिक व्यवसाय

No credit card • 1 free report • Ready in 60 seconds

About This Scheme

PM Vishwakarma Yojana is a Central Government scheme launched in September 2023 to support artisans and craftspeople of 18 traditional trades with skill training, modern tools, digital empowerment, and collateral-free credit at a concessional interest rate of 5% per annum. The scheme provides up to ₹1 lakh in Tier-1 and an additional ₹2 lakh in Tier-2, with a loan repayment tenure of 18 months and 30 months respectively. A project report is required for Tier-2 loan applications.

Up to ₹1L
Tier-1 Loan
Up to ₹2L
Tier-2 Loan
5% p.a.
Interest Rate
18
Trades Covered

What Your Report Includes

Every report is formatted to the exact standards required by Indian banks and government departments.

  • Executive Summary with scheme-specific highlights
  • Promoter profile & KYC details
  • Business description & market analysis
  • Machinery & equipment list with quotations
  • Raw material & manpower planning
  • 5-year financial projections (P&L, Balance Sheet, Cash Flow)
  • CMA Data in IBA-approved format
  • Working Capital Assessment — Tandon Method II (RBI norms)
  • Loan repayment schedule with DSCR ≥ 1.25
  • SWOT analysis
  • Declarations & undertakings as per scheme guidelines

Eligibility Checklist

  • Artisan or craftsperson in one of 18 specified traditional trades
  • Age 18 years or above (no upper age limit)
  • Registered on PM Vishwakarma portal (pmvishwakarma.gov.in)
  • Not enrolled in PMEGP, PM SVANidhi, or MUDRA loan in last 5 years
  • Self-employed, informal sector worker
  • Only one family member eligible per household
  • Must complete Tier-1 training before Tier-2 loan application
Export formats included
Word (.docx)
PDF (A4)
Excel (.xlsx)

Generate Your Report in 4 Steps

1

Register Free

Create your account in 30 seconds — no credit card needed.

2

Fill the Form

Enter applicant details, select the scheme, set your loan amount.

3

AI Generates Report

Our AI drafts the full report with financials, projections, and CMA data in under 60 seconds.

4

Download & Submit

Export as Word, PDF, or Excel. Submit directly to bank or DIC office.

Why Use Cred for This Report?

Generates Tier-2 project report in PM Vishwakarma compliant format

Covers all 18 trades: carpenter, blacksmith, goldsmith, potter, tailor, weaver, etc.

Automatically calculates tool cost, raw material, and working capital for your trade

5-year financial projections showing business growth for bank assessment

Accepted by all PM Vishwakarma member lending banks

Includes skill training certificate reference as required by scheme guidelines

Output in Word, PDF and Excel — ready to submit to bank

5,000+ Reports
Generated
85%+ Acceptance
By banks
60 Seconds
To generate
30 Days
Money back guarantee

Frequently Asked Questions

What are the 18 trades covered under PM Vishwakarma Yojana?

The 18 traditional trades covered are: Carpenter (Suthar/Badhai), Boat Maker, Armourer, Blacksmith (Lohar), Hammer and Tool Kit Maker, Locksmith, Goldsmith (Sonar), Potter (Kumhar), Sculptor/Stone Carver, Cobbler/Shoemaker (Mochi), Mason (Raj Mistri), Basket/Mat/Broom Maker, Doll/Toy Maker, Barber (Naai), Garland Maker (Malakaar), Washerman (Dhobi), Tailor (Darzi), and Fishing Net Maker.

Is a project report required for PM Vishwakarma loan?

A formal project report is required for Tier-2 loan applications (up to ₹2 lakh). For Tier-1 (₹1 lakh), the bank typically approves based on PM Vishwakarma registration and basic business details. However, having a well-prepared project report improves the chances of quick approval for both tiers.

What is the interest rate for PM Vishwakarma loan?

The interest rate is 5% per annum, which is subsidized by the government (actual rate charged by banks is typically 8–12%, but the beneficiary pays only 5% and the rest is covered by the government as interest subvention). This makes PM Vishwakarma one of the most affordable loan schemes in India.

How do I apply for PM Vishwakarma Yojana?

Apply online at pmvishwakarma.gov.in or through your nearest Common Service Centre (CSC). You need to register with Aadhaar-based biometric authentication, select your trade, complete basic skill verification, and then apply for credit support through your local bank. After registration and training, approach any PM Vishwakarma member lending bank with your project report.

Can a goldsmith apply for PM Vishwakarma loan?

Yes, Goldsmith (Sonar) is one of the 18 trades covered under PM Vishwakarma Yojana. Goldsmiths can get up to ₹1 lakh (Tier-1) for tools and up to ₹2 lakh (Tier-2) for business expansion. A project report showing the tool requirement, raw gold/silver cost, and financial projections for the jewelry business is required for Tier-2.

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