PM Internship Scheme 2026: Apply Online for Rs 5,000 Monthly Stipend

nternship Scheme

PM Internship Scheme 2026: Apply Online & Get Rs 5,000 Stipend in Top 500 Companies

Verified Employment & HR Information

Reviewer: Karan Mehta, HR Policy & Employment Consultant

Updated: 2026 Ministry of Corporate Affairs (MCA) Guidelines

Sources: MCA PM Internship Portal, Government of India

प्रधानमंत्री इंटर्नशिप योजना 2026 (PMIS) के तहत भारत की शीर्ष 500 कंपनियों में युवाओं को 12 महीने की इंटर्नशिप दी जाएगी। इसमें इंटर्न को ₹5,000 प्रति माह का स्टाइपेंड और ₹6,000 का वन-टाइम ग्रांट मिलेगा। यह योजना उन युवाओं के लिए है जिनके पास अभी फुल-टाइम नौकरी नहीं है।

Are you a recent graduate struggling to find a job due to a lack of corporate experience? The Government of India has launched the Prime Minister's Internship Scheme (PMIS) to bridge the gap between education and employability. Managed through the Ministry of Corporate Affairs (MCA), this ambitious program aims to place 1 crore (10 million) youth in India's top 500 companies over the next 5 years.

In 2026, the scheme provides significant financial backing. Selected candidates undergo a 12-month internship, receiving a guaranteed stipend of Rs. 5,000 per month, alongside a one-time grant of Rs. 6,000. Let's find out if you meet the specific eligibility rules to apply.

1. Stipend Breakdown: Who Pays What?

The Rs 5,000 monthly stipend is a joint effort between the government and the corporate sector:

• Government Contribution (DBT): Rs. 4,500 per month is directly transferred to the intern's Aadhaar-seeded bank account via Direct Benefit Transfer (DBT).
• Company Contribution (CSR): The remaining Rs. 500 per month is paid by the company using their Corporate Social Responsibility (CSR) funds.
• Incidentals Grant: A one-time payment of Rs. 6,000 is given by the government upon joining to help with relocation or initial expenses.

Candidate Screening Assessor (2026)

Select your details below to see if your profile passes the official MCA portal screening criteria.

1. What is your current age?

आपकी वर्तमान आयु क्या है?

2. What is your highest educational qualification?

आपकी उच्चतम शैक्षिक योग्यता क्या है?

3. What is your current employment & family income status?

आपकी वर्तमान रोजगार और पारिवारिक आय की स्थिति क्या है?

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Shortlisting Estimate Report

शॉर्टलिस्टिंग अनुमान रिपोर्ट

2. Strict Exclusions: Who Cannot Apply?

The PM Internship Scheme is explicitly designed for youth who lack access to premium opportunities. Therefore, the MCA portal automatically rejects candidates if:

• They are currently engaged in full-time employment or full-time regular education.
• They have graduated from premier institutes like IITs, IIMs, IISERs, or hold professional degrees like CA, CMA, or MBBS.
• Any of their family members (parents or spouse) are regular government employees or were assessed for Income Tax in the previous financial year.

3. How to Apply Online (MCA Portal)

If your profile passes the screening, the application process is completely free. Do not pay any agents or middlemen.

1. Visit the official portal at pminternship.mca.gov.in.
2. Complete your registration using your Aadhaar number (e-KYC is mandatory).
3. The portal will automatically generate your resume based on your input details.
4. Browse the listings by the Top 500 companies and select up to 5 internship opportunities based on your location and sector preferences.

Career Advisory: This candidate screening assessor provides an estimation based on the official guidelines of the Ministry of Corporate Affairs (MCA) for the 2026 PM Internship Scheme. It is not an official government application. Selection is facilitated by AI-based matching on the portal and final decisions are made by the respective companies. For final verification, official deadlines, and to apply, always visit the official portal (pminternship.mca.gov.in).