The Panchavrutthi Scheme, officially known as Financial Assistance to Traditional Artisans, is a specialized initiative by the Department of Backward Class Welfare, Government of Karnataka, to support the Vishwakarma community. Facilitated through the Karnataka Vishwakarma Communities Development Corporation (KVCDC), this scheme helps artisans modernize their trade by providing financial assistance for purchasing tools and improving skills.
This initiative ensures the economic development of artisans engaged in traditional occupations like goldsmithing, blacksmithing, woodwork, metallurgy, and sculpture.
Key Highlights of KVCDC Loan Scheme
• Scheme Name: Financial Assistance to Traditional Artisans (Panchavrutthi Scheme)
• Launched By: Department of Backward Class Welfare, Karnataka
• Implemented Through: Karnataka Vishwakarma Communities Development Corporation (KVCDC)
• Target Group: Traditional Artisans from the Vishwakarma Community
• Loan Amount: ₹80,000 at 4% annual interest
• Subsidy: ₹20,000 (non-repayable)
• Total Assistance: ₹1,00,000
• Repayment Tenure: 34 monthly installments over 3 years (2-month grace period)
• Application Mode: Offline
Benefits of the Scheme
• Low-interest loan of ₹80,000 at 4% per annum
• Government subsidy of ₹20,000 (no repayment required)
• Combined assistance of ₹1 lakh for purchase of modern tools or skill enhancement
• 3-year repayment term, with a 2-month grace period
• Financial empowerment of traditional artisans for sustainable income generation
Eligibility Criteria
• The applicant must belong to the Vishwakarma community
• Must be a permanent resident of Karnataka
• Age limit: 18 to 55 years
• Must be engaged in traditional occupations such as:
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Gold & Silver work
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Sculpture
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Blacksmithing
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Woodwork and Handicrafts
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Metallurgy
• Should not have availed any previous loan from KVCDC
• Income certificate must indicate eligibility (as per guidelines)
How to Apply – Offline Process
Step 1: Visit the Karnataka Vishwakarma Communities Development Corporation (KVCDC) office during working hours
OR
Download the Application Form from the official KVCDC website
Step 2: Fill out the application form completely, and attach self-attested copies of the required documents
Step 3: Submit the completed form and documents to the District Manager of KVCDC
Step 4: Collect an acknowledgment receipt, ensuring it includes the date, time, and unique reference number (if provided)
Necessary Documents
• Recent passport-size photograph
• Aadhaar Card
• Ration Card
• Income Certificate (issued by Tahsildar)
• Caste Certificate
• Bank Passbook of a nationalized or rural bank linked with Aadhaar
Frequently Asked Questions (FAQs)
Q: What is the Panchavrutthi Scheme?
A: It is a Karnataka government scheme that offers financial assistance to traditional artisans from the Vishwakarma community.
Q: Who can apply for this scheme?
A: Permanent residents of Karnataka belonging to the Vishwakarma community engaged in traditional occupations.
Q: How much financial assistance is provided?
A: ₹1,00,000 total — ₹80,000 as a loan and ₹20,000 as a subsidy.
Q: What is the loan interest rate?
A: The loan is provided at 4% interest per annum.
Q: What is the repayment period?
A: 34 equal monthly installments over three years, with a 2-month grace period.
Q: Can I apply if I previously availed a KVCDC loan?
A: No, only applicants who haven’t availed prior loans from KVCDC are eligible.
Q: What are the eligible occupations?
A: Gold & silver work, sculpture, blacksmithing, woodwork, handicrafts, and metallurgy.
Q: Can I use the funds for any other purpose?
A: No, the assistance is specifically meant for tool purchases and skill upgrades related to the artisan’s trade.
Q: What happens if the loan is not repaid on time?
A: Penalties or legal recovery measures may apply as per KVCDC’s loan recovery policy.
Q: Where can I find the application form?
A: Forms can be collected from the KVCDC office or downloaded from the official website.
References & Useful Links
• Karnataka Vishwakarma Communities Development Corporation – Official Website
• Application Form & Scheme Guidelines
• Department of Backward Class Welfare, Karnataka
