PM Internship Scheme Phase 3 is live! Get ₹9,000/month stipend, ₹6,000 grant & free insurances. Check eligibility & apply today at PMIS portal.
If you are a young Indian between 18 and 25 years old looking for real world work experience, With a monthly income and a government backed career – the PM Internship Scheme Phase 3 is your golden opportunity.
Launched under India skill development and youth employment mission, the Prime Minister Internship Scheme (PMIS) connects eligible youth with top companies across India. And with Phase 3 now officially live, the benefits have been significantly upgraded – making this one of the most valuable free government internship programs available today.
New Highlights in PMIS Phase 3
The government has made major improvements to the scheme in Phase 3. Read here for more details :
| Feature | Earlier | Phase 3 (New) |
| Monthly Stipend | ₹5,000 | ₹9,000 |
| Internship Duration | 1 Year | 6–9 Months |
| One-Time Grant | Not Available | ₹6,000 |
| Insurance Coverage | Limited | PMJJBY & PMSBY |
| Certificate | Yes | Yes + Work Experience |
These upgrades make PMIS Phase 3 one of the highest paying free government internship programs for Indian youth in 2026.
PM Internship Scheme Phase 3– Benefits
1. Monthly Stipend of ₹9,000
This is the biggest highlight of Phase 3. Interns will now receive a monthly stipend of ₹9,000 — a massive jump from the earlier ₹5,000. This directly supports young interns from low and middle-income families to cover their daily expenses, travel, and living costs without financial stress.
2. Shorter Internship Duration — 6 to 9 Months
Phase 3 has reduced the duration to a flexible 6 to 9 months, making it easier for students, freshers and job seekers to participate without disrupting their academic or personal plans.
3. One-Time Financial Grant of ₹6,000
Apart from the monthly stipend, interns will also receive a one-time grant of ₹6,000 at the start of their internship. This helps cover initial setup costs like commuting, uniforms, tools, or relocation — a thoughtful addition that removes entry barriers for first-generation job seekers.
4. Life & Accident Insurance Under PMJJBY and PMSBY
Safety and security matter. All selected interns will be covered under two major government insurance schemes:
- PMJJBY (Pradhan Mantri Jeevan Jyoti Bima Yojana) — Life insurance coverage
- PMSBY (Pradhan Mantri Suraksha Bima Yojana) — Accidental death and disability insurance
This is a critical benefit that gives interns and their families peace of mind throughout the internship period.
5. Internship Certificate and Verified Work Experience
Upon successful completion, interns receive an official internship certificate along with documented work experience. In today’s competitive job market, this certificate from a government-recognized program adds tremendous value to your resume and helps you stand out to future employers.
PMIS Phase 3 Eligibility Criteria — Who Can Apply?
Before you register, make sure you meet all the following conditions:
Age & Citizenship
- You must be between 18 to 25 years of age
- You must be an Indian citizen
- You should not be in full-time employment at the time of application
Educational Qualification
The scheme is open to a wide range of educational backgrounds:
- 10th Pass
- 12th Pass
- ITI Certificate Holders
- Polytechnic Diploma Holders
- Graduates: BA, B.Sc., B.Com, BCA, BBA, B.Pharma, B.E./B.Tech
- Postgraduates: MA, M.Sc., M.Com, MCA, M.Tech
Whether you are a school dropout, a skilled trades graduate, or a postgraduate degree holder — this scheme is open for you.
Employment & Education Status
- You should not be enrolled in full-time education at the time of applying
- However, distance learning students and final-year students are eligible to apply
Family Income Requirement
- Your family income should not exceed ₹12 lakh in the previous financial year
- This ensures the scheme genuinely reaches youth from middle-class and lower-income households
Government Employment Condition
- No immediate family member (parents or spouse) should be a permanent government employee
- This targets the scheme toward families without existing government job security
How to Apply for PMIS Phase 3 — Step-by-Step
The PMIS Phase 3 portal is now live for registrations. Here’s how to apply:
- Visit the official website pminternship.mca.gov.in
- Register using your mobile number and Aadhaar-linked details
- Fill in your profile — education, skills, preferred location, and sector
- Browse and apply for internship opportunities listed by top companies
- Submit your application and wait for shortlisting
Pro Tip: Complete your profile 100% and add relevant skills to increase your chances of getting shortlisted by top companies.
Which Companies Are Offering Internships Under PMIS?
The scheme partners with 500+ top Indian and multinational companies across sectors including:
- Banking & Finance — HDFC, SBI, ICICI
- Technology & IT — TCS, Infosys, Wipro
- Manufacturing — Tata, Mahindra, L&T
- FMCG & Retail — ITC, HUL, Reliance Retail
- Healthcare & Pharma — Sun Pharma, Apollo
Internships are available across multiple states and cities, giving candidates from Tier 2 and Tier 3 cities equal access to quality opportunities.
🎯 Who Should Definitely Apply for PMIS Phase 3?
This scheme is ideal for you if you are:
- A fresh graduate looking for your first real work experience
- A final-year student wanting a head start before placement season
- A job seeker from a middle-income family wanting financial support while building skills
- Someone who wants a government-verified certificate to strengthen their resume
- An ITI or diploma holder seeking industry exposure in your trade
❓ Frequently Asked Questions (FAQs)
Q1. Can final-year students apply for PMIS Phase 3? Yes, final-year students are eligible to apply under PMIS Phase 3.
Q2. Is the ₹9,000 stipend paid every month? Yes, the monthly stipend of ₹9,000 is paid directly to the intern’s bank account each month.
Q3. Is the ₹6,000 grant separate from the monthly stipend? Yes, the ₹6,000 is a one-time grant given in addition to the monthly ₹9,000 stipend.
Q4. Can I apply if my family earns more than ₹12 lakh? No, the family income must be ₹12 lakh or below in the previous financial year to be eligible.
Q5. Is insurance automatically provided or do I need to enroll separately? Insurance under PMJJBY and PMSBY is provided automatically to all selected interns.