Quick Answer: The PM Internship Scheme 2026 provides Indian youth (aged 21-24) with a 12-month paid internship at India's top 500 companies. Interns receive a ₹5,000 monthly stipend plus a one-time ₹6,000 joining grant. Apply online at pminternship.mca.gov.in — no exam, no fees, direct company selection.
What You'll Learn
How to qualify for the ₹5,000 monthly stipend and ₹6,000 joining grant in 2026.
List of top 500 companies (Tata, Reliance, HDFC) offering 1 crore internships.
Step-by-step application guide via the official MCA portal with Aadhaar e-KYC.
Automatic insurance coverage under PMSBY and PMJJBY for all selected interns.
PM Internship Scheme 2026: Launching Careers at India's Top Corporations
The PM Internship Scheme 2026 is a flagship central government program designed to provide 12-month paid internship opportunities for 1 crore Indian youth in the country's top 500 companies. Selected interns receive a monthly stipend of ₹5,000 directly to their bank accounts, plus a one-time joining grant of ₹6,000. The scheme is managed by the Ministry of Corporate Affairs and applications are submitted through the official portal pminternship.mca.gov.in. Eligible candidates are aged 21-24 years, not currently employed full-time, and not enrolled in any full-time degree program. Interns also receive automatic insurance coverage under PMSBY and PMJJBY. The scheme covers a wide range of sectors including banking, IT, manufacturing, healthcare, and retail. After successful completion, interns receive a certificate from the company, enhancing their employability for future jobs.
Last Updated: May 31, 2026 | Source: Ministry of Corporate Affairs (Official Website)
Frequently Asked Questions
The PM Internship Scheme 2026 is a central government program providing 12-month paid internships to 1 crore Indian youth in India's top 500 companies. Interns receive a monthly stipend of ₹5,000 directly to their bank account plus a one-time joining grant of ₹6,000. Apply at pminternship.mca.gov.in.
Indian citizens aged 21-24 years who have completed secondary education (Class 10, 12, ITI, diploma, or graduation) are eligible. Candidates must not be currently employed full-time or enrolled in a full-time degree program. Preference is given to candidates from low-income families.
Visit pminternship.mca.gov.in, register with your mobile number and Aadhaar, create a profile with educational details and skills, browse available internships from top 500 companies, apply to matching positions, and complete Aadhaar e-KYC for verification. No exam or application fee is required.
Selected interns receive a monthly stipend of ₹5,000 directly to their bank account via DBT. A one-time joining grant of ₹6,000 is also provided at the start of the internship. Interns also get automatic insurance coverage under PMSBY (accident cover of ₹2 lakh) and PMJJBY (life cover of ₹2 lakh).
The top 500 companies in India participate based on their Corporate Social Responsibility (CSR) obligations. Participating companies include Tata Group, Reliance Industries, HDFC Bank, ICICI Bank, Infosys, Wipro, Larsen & Toubro, ITC, Adani Group, and many others across banking, IT, manufacturing, retail, and healthcare sectors.
The internship duration is 12 months. Interns work directly with their assigned company and gain practical industry experience. After successful completion, interns receive a certificate of completion from the company, which enhances their employability for future job applications.
No, candidates currently enrolled in full-time degree programs are not eligible. The scheme is designed for youth who have completed their education and are seeking practical work experience. Fresh graduates, diploma holders, and those who have completed ITI are eligible to apply.
Selection is done directly by the companies through their recruitment process. After you apply through the portal with your profile, companies review applications, conduct interviews or assessments, and select candidates. There is no central government exam. The portal shows matching internships based on your qualifications.
The scheme aims to provide internship opportunities to 1 crore youth over 5 years. Currently, over 21,000 paid internships are live across top companies on the portal. The number increases regularly as more companies join the scheme.
No, there is absolutely no application fee or registration fee for the PM Internship Scheme. The application process at pminternship.mca.gov.in is completely free. Beware of fraudulent agents asking for money to secure internships.
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