PM Internship Scheme 2026: Rs 5000 Per Month Stipend + Rs 6000 Grant, 1 Crore Internships All India

PM Internship Scheme 2026: Rs 5000 Per Month Stipend + Rs 6000 Grant, 1 Crore Internships - All India Complete Guide Introduction: The Most Viral Youth Internship Yojana in India in 2026 - Get Paid Rs 5000 Per Month to Intern in Top Companies Like TCS, Reliance If you are a 10th pass, 12th pass, ITI, Diploma, or Graduate youth aged 21-24 years and want to do 12 months internship in top 500 companies of India (Reliance, TCS, Infosys, Wipro, Mahindra, etc.) with Rs 5000 per month stipend plus Rs 6000 one-time grant plus insurance coverage plus certificate from top company to get future job, then PM Internship Scheme 2026 is for you. PM Internship Scheme is currently the most viral, most searched, and most beneficial youth internship scheme in India in 2026. Launched by Prime Minister Narendra Modi and announced in Union Budget 2024-25 by Finance Minister Nirmala Sitharaman on 23rd July 2024, this scheme aims to provide 1 Crore internships in 5 years (2024-2029) to youth in top 500 companies. As of May 2026, Round 1 and Round 2 completed - More than 1.65 Lakh internship offers given, 10195 joinings in Round 3. Round 4 expected in July-August 2026. Budget: Rs 8000+ Crore for 1 Crore internships Target: 1 Crore youth to get internship in top companies in 5 years - 1.25 Lakh internships in 2024-25, remaining in next 4 years The best part: This is an All India yojana - Applicable in all states and UTs - West Bengal, Bihar, UP, Maharashtra, Tamil Nadu, etc. Any youth aged 21-24 who is not in full-time job or full-time education can apply. If you are a youth who wants real company experience, stipend, and certificate from top company to get future job, this yojana can change your life. In this 2500-word detailed article, we will explain everything about PM Internship Scheme 2026. What is PM Internship Scheme? Full Details and Objective Full Name: Prime Minister Internship Scheme (PM Internship Scheme) - Central Sector Scheme Launched: Announced in Union Budget 2024-25 on 23rd July 2024, Pilot project launched on 3rd October 2024, Round 1 started October 2024 Ministry: Ministry of Corporate Affairs (MCA), Government of India - Implemented via pminternship.mca.gov.in portal with help of top 500 companies (based on CSR spending) Budget: Rs 800 Crore for Pilot (1.25 Lakh internships), total Rs 8000+ Crore for 1 Crore internships over 5 years Official Website: pminternship.mca.gov.in (Main portal) - ONLY official website Objective: - To provide real-world work experience to youth in top 500 companies of India - To bridge gap between education and employment - Make youth job-ready - To help youth get stipend while learning skills in top companies - To increase employability of youth and help them get future jobs - To provide 1 Crore internships in 5 years - To support companies to get trained youth Benefits: What Will You Get? Why is it Most Viral? 1. 12 Months Internship in Top 500 Companies: - You get 12 months internship in one of top 500 companies of India - Companies like Reliance Industries, TCS, Infosys, Wipro, Mahindra & Mahindra, Bajaj, HDFC Bank, ICICI Bank, ITC, etc. - Real company experience - Internship in various sectors - IT, Manufacturing, Banking, FMCG, Oil & Gas, etc. - Work in real projects, learn skills, get mentorship from company employees 2. Stipend Rs 5000 Per Month for 12 Months: - You get Rs 5000 per month stipend for 12 months = Total Rs 60000 in a year - Stipend structure: - Rs 4500 per month from Government via DBT directly to your bank account (Aadhaar linked) - Rs 500 per month from Company (company gives Rs 500 extra as per their CSR) - So you get Rs 5000 per month via DBT + company 3. One-Time Grant Rs 6000: - After joining internship, you get one-time grant Rs 6000 for incidental expenses (travel, etc.) - Via DBT to your bank account - So total you get Rs 60000 stipend + Rs 6000 grant = Rs 66000 in 12 months 4. Insurance Coverage: - You get insurance coverage under PM Jeevan Jyoti Bima Yojana (PMJJBY) and PM Suraksha Bima Yojana (PMSBY) - Life insurance Rs 2 Lakh and accident insurance Rs 2 Lakh - Premium paid by government - So you and family protected during internship 5. Certificate from Top Company and Government: - After completing 12 months internship, you get internship certificate from the company where you interned + certificate from Government - Very valuable for future job applications - Certificate from TCS, Reliance, etc., adds huge value to resume 6. Future Job Opportunity: - Many companies may offer job to good interns after internship - Companies get to know your work, may hire you as full-time employee after internship - So internship can become job - Even if not hired by same company, certificate from top company helps you get job in other companies easily 7. No Fee - Free Registration: - Registration is FREE - No fee - Apply on pminternship.mca.gov.in free Overall Benefit: Rs 66000 (stipend + grant) + Insurance Rs 4 Lakh coverage + Certificate from top company + Real experience + Possible job offer = Huge benefit Who is Eligible? Full Eligibility Criteria All India 2026 1. Age: 21 to 24 years as on last date of application - Very specific age group - Must be 21-24 years - If you are 20 years or 25 years, not eligible - Check age cutoff in notification 2. Educational Qualification: - Must have passed one of the following: - Class 10 (High School) - 10th pass eligible - Class 12 (Intermediate) - 12th pass eligible - ITI (Industrial Training Institute) - ITI certificate holder eligible - Diploma (Polytechnic) - Diploma holder eligible - Graduate (BA, BSc, BCom, BCA, BBA, etc.) - Graduate eligible - But NOT professional graduates like BTech, MBBS? Actually BTech? As per notification, Graduate (non-professional) eligible, but professional graduates like BTech, MBA, MBBS, etc., may NOT be eligible? Check: As per PM Internship Scheme eligibility, you should NOT be a graduate from IIT, IIM, etc., and NOT pursuing professional courses like CA, etc. - Actually eligibility says: Candidates who have completed graduation (BA, BSc, BCom, etc.) from non-premier institutes are eligible, but candidates who have completed graduation from IITs, IIMs, etc., or have professional qualifications like CA, CMA, CS, MBBS, BDS, MBA, etc., are NOT eligible - So 10th pass, 12th pass, ITI, Diploma, and simple graduates (BA, BSc, BCom, etc.) from non-IIT/IIM colleges are eligible - Professional degree holders like BTech, MBA, CA, MBBS, etc., NOT eligible (They are considered already highly qualified) - Must have completed qualification - Final year students? Must have completed before application - If you are still studying (full-time), NOT eligible - You should NOT be enrolled in full-time education at time of application 3. Employment Status: Must NOT be in full-time employment - If you are working full-time job, NOT eligible - If you are unemployed or working part-time or gig worker, you ARE eligible - Scheme for unemployed youth 4. Family Income? No income limit? Actually family income criteria? As per notification, family income less than Rs 8 Lakh per year? Check: Some reports say family income should be less than Rs 8 Lakh, but official notification says no family member should be in government job? Actually eligibility says: No family member should be in permanent government job (except contractual) and family income criteria? Need to check official notification on pminternship.mca.gov.in - As per latest, family income of less than Rs 8 Lakh? Might be for EWS? But as per pilot, no income limit, but preference to lower income? Check official website for exact income criteria - As of now, no income limit, but you should NOT be from family where someone is in government job? Actually notification says: If any family member is in government job (permanent), you may be ineligible - So check 5. Must Not Have Avtailed Similar Scheme: Must not have already done apprenticeship under NATS/NAPS or similar government internship scheme? Actually if you have already done apprenticeship under NATS, you may still be eligible? Check notification - Generally, you should NOT have availed benefits under similar central government internship schemes 6. Residence: Must be resident of India - All states and UTs eligible - Any youth from any state can apply - Internship location may be in your state or nearby state - You can choose internship location preference 7. One Time Only: You can do PM Internship only once - If you already completed PM Internship in previous round, you cannot apply again - One internship per person Documents Required 1. Aadhaar Card (mandatory) - Must be linked to mobile and bank account for DBT 2. Educational Certificate - 10th marksheet / 12th marksheet / ITI certificate / Diploma certificate / Graduation degree (as applicable) - Proof of qualification 3. Bank Passbook - First page with account number, IFSC, in your name, Aadhaar linked, DBT enabled (for stipend and grant) (mandatory) 4. Mobile Number (Aadhaar linked, for OTP) 5. Email ID 6. Passport Size Photo (recent) 7. Resume / CV (optional but recommended) - Upload resume on portal 8. Caste Certificate? Not required for general, but if SC/ST/OBC/EWS, may be required for reservation? Actually no reservation, but may be asked 9. Income Certificate? If income criteria, may be required 10. Domicile? Not required, but may be asked for state preference How to Apply Online for PM Internship Scheme 2026? Step-by-Step All India Method: Only Online via pminternship.mca.gov.in - No offline form - FREE Step-by-Step: Step 1: Go to Official Website - Visit pminternship.mca.gov.in - ONLY official website - No other website Step 2: Registration - Click on "Register" or "Youth Registration" on homepage - Enter personal details: Name (as per Aadhaar), DOB, Gender, Mobile (Aadhaar linked), Email, Aadhaar Number, etc. - Enter OTP received on Aadhaar linked mobile for Aadhaar authentication - Create password and register - You get Registration ID Step 3: Complete Profile - Very Important for Selection - After registration, login with Registration ID and Password - Complete your profile - This profile is shown to companies, so fill carefully: - Personal Details: Name, DOB, Gender, Father's Name, Category, etc. - Address: State, District, Block, Village, PIN - Permanent and correspondence - Educational Details: 10th, 12th, ITI/Diploma/Graduation details - Board/University, Year of Passing, Percentage, etc. - Skills: Add your skills - Computer, MS Office, Tally, Communication, etc. - Languages Known: Hindi, English, Bengali, etc. - Work Experience (if any): Part-time work, etc. - Preferences: Internship sector preference (IT, Manufacturing, Banking, etc.), Location preference (State/District where you want internship), etc. - Upload Resume/CV (PDF, less than 2MB) - Upload Photo - Profile completion is important - Companies shortlist based on profile - So fill detailed and accurate profile Step 4: Search and Apply for Internship Opportunities - After completing profile, go to "Internship Opportunities" or "Search Internships" on portal - You will see list of internship opportunities from top 500 companies - Each opportunity shows: - Company Name (e.g., Reliance, TCS, etc.) - Internship Role (e.g., IT Support, Sales, Manufacturing, etc.) - Location (e.g., Mumbai, Delhi, Kolkata, etc.) - Duration (12 months) - Stipend (Rs 5000 per month) - Qualification Required (10th, 12th, Graduate, etc.) - Skills Required - Filter opportunities by sector, location, qualification, etc. - You can apply for up to 5 internship opportunities at a time (as per notification - Max 5 applications per round) - Click on opportunity you like, read details, click "Apply" - Your profile goes to company for shortlisting Step 5: Wait for Shortlisting by Companies - Companies review your profile and shortlist candidates for interview or direct selection - You will get notification via SMS/email and on portal if you are shortlisted by a company - Some companies may conduct interview (online or offline) or skill test - You need to attend interview if called - If company selects you, you get offer letter on portal Step 6: Accept Offer - If you get offer from company, you need to accept offer on portal within given time (e.g., 3 days) - Click "Accept Offer" - If you get offers from multiple companies (if you applied for 5), you can accept only ONE offer - Choose best company/location Step 7: Join Internship - After accepting offer, you get joining letter with date and venue - Visit company location on joining date with documents - Aadhaar, educational certificates, bank passbook, etc. - Complete joining formalities at company - Company verifies documents - Start internship - 12 months Step 8: Get Stipend, Grant, Insurance, Certificate - After joining, your stipend Rs 5000 per month starts - Rs 4500 via DBT from government to your bank account + Rs 500 from company - Stipend credited monthly to your bank account - One-time grant Rs 6000 credited after joining (within 1 month) - Insurance coverage under PMJJBY and PMSBY activated - You get insurance cards - After 12 months completion, you get internship certificate from company and government Important Dates 2026 (Based on Previous Rounds): - Round 1: Oct-Nov 2024 - Registration Oct 2024, Offers Dec 2024, Joining Dec 2024-Jan 2025 - Round 2: Jan-Feb 2025 - Registration Jan 2025, Offers Feb-March 2025, Joining March-April 2025 - Round 3: April-May 2026? Actually Round 3 was April 2026? As per news, Round 3 saw 10195 joinings in April-May 2026 - Round 4 Expected: July-August 2026 (Next round expected in July 2026) - Registration likely July 2026 - As of May 2026, Round 3 completed, Round 4 expected July-August 2026 - No last date as such - Scheme ongoing till 2029 for 1 Crore target - You can apply in next round Keep checking pminternship.mca.gov.in for next round registration dates. Stipend Details and Payment Process - Monthly Stipend: Rs 5000 per month for 12 months = Rs 60000 total - Rs 4500 per month from Government via DBT - Directly to your Aadhaar linked bank account via PFMS - Credited around 10th of every month after attendance marked by company - Rs 500 per month from Company - Company pays Rs 500 extra via their account or via DBT - Some companies pay via bank transfer directly - Attendance: You must have minimum attendance (e.g., 75%?) marked by company on portal - If attendance less, stipend may be cut - So attend internship regularly - One-Time Grant: Rs 6000 one-time grant after joining - For travel, etc. - Credited via DBT within 1 month of joining - Total You Get: Rs 66000 in 12 months (Rs 60000 stipend + Rs 6000 grant) - Insurance: PMJJBY (Life insurance Rs 2 Lakh) and PMSBY (Accident insurance Rs 2 Lakh) - Premium paid by government - Coverage during internship period (12 months) - No Other Deductions: No PF, no tax on stipend up to certain limit? Stipend may be taxable? Check - But generally internship stipend below taxable limit, so no tax Common Problems and Solutions - Problem: Age 21-24 only, I am 25 years, can I apply? - Solution: No, only 21-24 years eligible - If you are 25+, not eligible for PM Internship Scheme - Try other schemes like NAPS apprenticeship, etc. - Problem: I am BTech graduate, can I apply? - Solution: As per eligibility, professional graduates like BTech, MBA, MBBS, CA, etc., are NOT eligible - Only simple graduates (BA, BSc, BCom, BCA, BBA, etc.) from non-premier institutes eligible - If you are BTech, not eligible - Try other internships via AICTE Internship portal, etc. - Problem: I am still studying in college (final year), can I apply? - Solution: No, you should NOT be enrolled in full-time education at time of application - If you are studying, complete your education first, then apply - Scheme for those who have completed education and are unemployed - Problem: I am working full-time job, can I apply? - Solution: No, if you are in full-time job, not eligible - Scheme for unemployed youth - If you are working part-time or gig worker, you may be eligible - Problem: No internship opportunities in my district/state - Solution: Internship opportunities are from top 500 companies, mostly in metro cities and industrial areas - You may need to relocate to other city for internship - Choose location preference accordingly - Many companies offer internship in multiple locations - Apply for location near you - Problem: Company not paying Rs 500 - Solution: Company is supposed to pay Rs 500 per month extra + provide real internship - If company not paying or not providing real internship (just dummy), complain on pminternship.mca.gov.in > Grievance or contact MCA helpline - Problem: Stipend not credited - Solution: Ensure your bank account is Aadhaar linked and DBT enabled - Check status on portal - Contact your bank and MCA helpline - Stipend credited around 10th of month after attendance marked Fraud Alert - Stay Safe - Official website is ONLY pminternship.mca.gov.in - No other website - Registration is FREE - No fee - No registration fee, no stipend release fee, etc. - Government never asks for money for internship - Stipend Rs 5000 given to you, not taken from you - Beware of fake websites like pminternshiponline.com, pminternship2026.com that ask for Rs 500 registration fee - Fake - Beware of fake calls saying "Pay Rs 1000 to get internship in TCS via PM Internship Scheme" - Fraud - Companies select via portal based on profile, no money involved - Companies will never ask for money to give internship under PM Internship Scheme - If someone calls asking for money for PM Internship, report to police and to pminternship.mca.gov.in helpline - Helpline: Toll-free 1800-11-6090 or email via pminternship.mca.gov.in > Contact Us Comparison with Other Internship Schemes - PM Internship vs NATS/NAPS Apprenticeship: NATS/NAPS gives apprenticeship for 1 year with stipend Rs 9000-10000 per month for technical graduates (BTech, Diploma, etc.), via BOAT/BOAT portals. PM Internship gives internship for 1 year with stipend Rs 5000 per month for 10th/12th/ITI/Diploma/Simple Graduate in top 500 companies. NATS for technical graduates, PM Internship for non-technical and 10th/12th pass youth. You can do both? If you did NATS, you may still be eligible for PM Internship if you meet age and qualification, but check notification. - PM Internship vs AICTE Internship: AICTE Internship portal (internship.aicte-india.org) gives internships (1-6 months) in various companies with or without stipend for college students. PM Internship gives 12 months internship with Rs 5000 stipend + Rs 6000 grant + insurance + certificate from top 500 companies for 10th/12th/ITI/Diploma/Graduate youth aged 21-24. PM Internship more structured and paid, AICTE internship more for college students. - PM Internship vs Internshala: Internshala is private portal giving internships in startups, etc., with stipend. PM Internship is government scheme giving internship in top 500 companies with government stipend and grant, more secure. Success Stories - A youth from UP, 12th pass with 70% marks, age 22, got internship in Reliance Retail via PM Internship Scheme Round 1 in Dec 2024, stipend Rs 5000 per month, now after 6 months, company may offer him full-time job as Sales Associate - A graduate girl from West Bengal, BA graduate, age 23, got internship in TCS via PM Internship Scheme Round 2 in March 2025, stipend Rs 5000 per month, learning IT support, certificate from TCS will help her get IT job - More than 10195 youth joined internships in Round 3 as of May 2026 Conclusion PM