Are you between 21 and 24, not working full time, with a family income under ₹8 lakh a year? You could earn a monthly stipend of ₹5,000 plus a one-time grant of ₹6,000 by interning at one of India's top 500 companies under the PM Internship Scheme.
Quick answer: The PM Internship Scheme (PMIS) by the Ministry of Corporate Affairs gives 12-month internships in top companies. Eligible youth aged 21 to 24, not in full-time work or study, with family income under ₹8 lakh, get ₹5,000 a month and a ₹6,000 joining grant. Apply at pminternship.mca.gov.in.
This is a Government of India scheme announced in the Union Budget 2024-25 and launched in October 2024. It aims to give real working experience to youth across many sectors by placing them in India's top 500 companies, selected on the basis of their CSR spending, over a five-year period. Read on for the full eligibility checklist, the step-by-step application process, and the common mistakes that get applications rejected.
Before you spend time on the form, run through this checklist. Both the “can apply” and “cannot apply” sides matter, because the cannot-apply rules are where most people get filtered out.
You CAN apply if you:
You CANNOT apply if you:
If you clear every line on the “can apply” side and none of the “cannot apply” lines applies to you, move on to the application steps below.
The entire process is online and free. There is no fee to apply.
The financial support is the headline of the scheme.
Because the government share reaches you by DBT, your bank account must be linked to your Aadhaar. If it is not yet linked, sort that out before you join.
Keep these ready before you register so the form goes smoothly.
Most rejections are avoidable. Watch out for these.
Illustrative example
Kashvi is 22, an Indian citizen, and a recent BCom graduate from a regular college (not an IIT, IIM, NLU, or IISER). She is not employed full time, is not pursuing further full-time study, and her family income for FY 2023-24 was ₹6 lakh. No one in her family is a government employee, and she does not hold a master's or a professional degree like CA or MBA. She registers on pminternship.mca.gov.in, links her bank account to Aadhaar, builds her profile, and applies to a manufacturing-sector internship near her city. On joining she receives the ₹6,000 grant, then ₹5,000 a month thereafter (₹4,500 by DBT from the Government plus ₹500 from the company). This is a hypothetical example for illustration only.
You get ₹5,000 per month. The Government pays ₹4,500 by DBT to your Aadhaar-linked bank account, and the host company pays ₹500 from its CSR funds. You also get a one-time grant of ₹6,000 when you join.
You must be aged 21 to 24 years at the time of application and be an Indian citizen.
Your total family income for FY 2023-24 must not be more than ₹8 lakh per year. If it is higher, you are not eligible.
You need at least a Class 10 or matriculation pass. Higher qualifications such as ITI, diploma, or a graduate degree are also eligible. However, holders of a master's degree or a professional qualification like CA, CMA, CS, MBBS, BDS, or MBA, and graduates of IITs, IIMs, NLUs, or IISERs, are not eligible.
The internship runs for 12 months. At least half of that time must be spent in an actual working or practical environment, not in a classroom.
No. Registration and application on pminternship.mca.gov.in are free of cost.
The scheme runs in application rounds. A pilot round started in October 2024 and a further round ran in early 2025. Check the official portal pminternship.mca.gov.in for the current round and the last date to apply.
The scheme is run by the Ministry of Corporate Affairs (MCA), Government of India. It was announced in the Union Budget 2024-25 and launched in October 2024.
If your stipend or onboarding is stuck with a public authority, you can ask for the status in writing. Prepare a clean request with the AI RTI Drafter, read your rights under the RTI Act 2005, and see The RTI Playbook for the full filing and appeal process.