Financial Assistance to Traditional Artisans (Panchavrutthi Scheme)
in Karnataka
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Financial Assistance to Traditional Artisans (Panchavrutthi Scheme) in Karnataka
Financial Assistance to Traditional Artisans (Panchavrutthi Scheme) is a government scheme available to eligible residents of Karnataka.
Apply for Financial Assistance to Traditional Artisans (Panchavrutthi Scheme) in Karnataka
Scheme Overview
The "Financial Assistance to Traditional Artisans (Panchavrutthi Scheme)" provides financial assistance to traditional artisans of the Vishwakarma community in Karnataka. The scheme aims to help these artisans purchase modern tools & upgrade their technological skills to enhance their trade.
Eligibility Criteria
The applicant should belong to the Vishwakarma community.
The applicant should be a permanent resident of Karnataka.
The applicant's age should be between 18 to 55 years.
The applicant must be engaged in one of the traditional Vishwakarma occupations, including Gold & Silver work, Sculpture, Blacksmith, Woodwork & Handicrafts, or Metallurgy.
The applicant or their family members should not have availed of any loan facility from the KVCDC in the previous years.
Benefits
Loan Amount: Up to ₹80,000/- at an interest rate of 4% per annum.
Subsidy Amount: Up to ₹20,000/-.
Total Assistance: ₹1,00,000/- (Loan + Subsidy).
Repayment Period: The loan is repayable in 34 equal installments over three years, with a grace period of 2 months.
Required Documents
| # | Document |
|---|---|
| 1 | Passport-size Photograph. |
| 2 | Aadhaar Card. |
| 3 | Ration Card. |
| 4 | Income Certificate (issued by Tahsildar). |
| 5 | Bank Passbook (Nationalized/Rural Bank with Aadhaar linking). |
| 6 | Caste Certificate. |
How to Apply in Karnataka
Step 1: The interested applicant should visit (during office hours) the Karnataka Vishwakarma Communities Development Corporation and request a hard copy of the prescribed format of the application form from the staff exclusively entrusted to issu…
Offline OR The applicant downloads the application form from the official website.
Step 2: In the application form, fill in all the mandatory fields, and attach copies of all the mandatory documents (self-attest, if required).
Offline Step 2: In the application form, fill in all the mandatory fields, and attach copies of all the mandatory documents (self-attest, if required).
Step 3: Submit the duly filled and signed application form along with the documents to the District Manager.
Offline Step 3: Submit the duly filled and signed application form along with the documents to the District Manager.
Step 4: Request a receipt or acknowledgment from the District Manager to whom the application has been submitted. Ensure that the receipt contains essential details such as the date and time of submission, and a unique identification number (if ap…
Offline Step 4: Request a receipt or acknowledgment from the District Manager to whom the application has been submitted. Ensure that the receipt contains essential details such as the date and time of submission, and a unique identification number (if applicable).
Common questions in Karnataka
Who can apply for Financial Assistance to Traditional Artisans (Panchavrutthi Scheme) in Karnataka?
Eligible residents of Karnataka who meet the scheme’s overall criteria can apply for Financial Assistance to Traditional Artisans (Panchavrutthi Scheme). Refer to the eligibility section above for the complete checklist.
What documents are required for Financial Assistance to Traditional Artisans (Panchavrutthi Scheme) in Karnataka?
Applicants in Karnataka typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
Frequently Asked Questions
It is a financial assistance scheme for traditional artisans of the Vishwakarma community in Karnataka.