You’ve probably heard about the PM Vishwakarma loan. It sounds great—money to buy new tools or expand your workspace at a really low interest rate. But it also brings that little knot in your stomach. The “what if” questions.

“How much would I actually have to pay back every month?”
“Is this going to be a huge burden?”
“Will I end up regretting it?”

That’s why this calculator exists. It’s not for bankers or accountants. It’s for you. It’s a simple tool to turn those scary, unknown numbers into clear, simple answers. It’s here to let you see if this loan feels right for you, without any pressure.

The Loan Is Basically in Two Steps.

Think of it like this:

First, there’s a starter loan of up to ₹1,00,000. This is to get you on your feet, and you get a year and a half (18 months) to pay it back.

If that goes well and your business is growing, you can go for a second, bigger loan of up to ₹2,00,000, with a longer payback time of 30 months.

Here’s How You Use the Calculator.

It’s literally two clicks.

1. Tell it which loan you’re thinking about (the starter one or the bigger one).
2. Type in the amount you have in mind.

That’s it. You hit the button, and it instantly shows you:

• Your monthly payment. No jargon, just the real amount you’d have to budget for each month. You can look at that number and immediately get a feel for whether it’s doable.
• The total interest you’ll pay. This is the “cost” of the loan. You’ll see it’s not some huge, scary number.
• The total you’ll repay in the end.

It’s all right there. No guesswork. No spreadsheets. Just a straight answer.