Quick Facts
- MCA opened the PM Internship Scheme 2026 to final-year UG and PG students on April 22, 2026.
- Final-year applicants must submit a No Objection Certificate (NOC) signed by a HoD, Dean, Principal, or T&P Officer.
- Interns get Rs 9,000 per month; students aged 18 to 25 apply on the official PMIS portal.
In This Article
The PM Internship Scheme 2026 is now open to final-year undergraduate and postgraduate students, the Ministry of Corporate Affairs (MCA) announced , 2026.
This is a fresh change to the pilot phase eligibility. Earlier, students still enrolled in a course could not apply. Now final-year students can join paid internships in top companies before they graduate, provided they submit a No Objection Certificate (NOC) from their college. The decision was taken with the Department of Higher Education, according to the official PIB press release.
Key Takeaways
- Final-year students no longer have to wait until graduation; they can now apply while still enrolled, with a valid NOC.
- The NOC must confirm the internship will not clash with academic work, and only listed officials can sign it.
- The rejection rules stay strict: IIT, IIM, professional-degree holders, and high-income families remain outside the scheme.
CampusFeed Take
The quiet detail here is the NOC signatory list. By naming HoDs, Deans, Principals, and Training and Placement Officers, MCA has handed colleges a gatekeeping role in the PM Internship Scheme 2026. Final-year students at CampusFeed should watch their placement cell closely, because a slow NOC can cost a live internship offer during the ongoing third round. Colleges with active T&P teams will move faster. Expect the next signal in the coming weeks: whether more companies post final-year-friendly roles now that the enrolled-student barrier is gone. By Soumya Verma.
Key Facts at a Glance
The PM Internship Scheme 2026 is a paid internship programme run by the Ministry of Corporate Affairs for youth aged 18 to 25. The table below sums up the core numbers and the new rule for final-year students.
| Detail | Information |
|---|---|
| Announcement date | 2026 (MCA) |
| New eligibility | Final-year UG and PG students |
| Extra document needed | No Objection Certificate (NOC) from college |
| Age limit | 18 to 25 years |
| Monthly assistance | Rs 9,000 per month |
| Current stage | Third round of the pilot phase |
The standout point is the NOC. It is the single new step that separates a final-year applicant from a graduate applicant, and it must be signed by a listed college official (PIB, April 22, 2026).
About the PM Internship Scheme
The PM Internship Scheme (PMIS) is a Government of India programme run by the Ministry of Corporate Affairs. It offers structured, paid internships in top companies across India, with a target of one crore internships over five years. More than 300 companies have joined the pilot phase so far, per the MCA. Interns receive minimum financial assistance of Rs 9,000 per month and work across many sectors through the official PMIS portal.
Who Can Apply for the PM Internship Scheme 2026?
Any Indian citizen aged 18 to 25 who meets the scheme conditions can apply for the PM Internship Scheme 2026, and final-year UG and PG students are now included. Applicants must not be in full-time employment. Final-year students must add one extra document: a No Objection Certificate from their institution.
The NOC must confirm that the internship will not interfere with academic requirements, according to the MCA. Authorised signatories include Heads of Department, Deans, Principals, or Training and Placement Officers. Students should request this well before applying, as the third round of the pilot phase is live and companies are posting roles on a rolling basis.
Who Stays Ineligible: The Rejection Rules
The PM Internship Scheme 2026 keeps a strict list of who cannot apply, and adding final-year students did not change these bars. The exclusions are set by the scheme guidelines on the PMIS portal.
You are ineligible if you hold a degree from an IIT (Indian Institute of Technology), IIM (Indian Institute of Management), IISER, IIIT (Indian Institute of Information Technology), National Law University, or NID. Holders of professional or higher degrees such as CA, CMA, CS, MBBS, BDS, MBA, or any master’s degree are also excluded. Candidates are further barred if their family income crosses Rs 8 Lakh a year, if a family member holds a permanent government job, or if they are already in another government apprenticeship, internship, or training programme. These rules keep the scheme focused on youth who need early industry exposure the most.
What This Means For You
If you are a student
If you are in the final year of a UG or PG course and aged 18 to 25, you can now apply for the PM Internship Scheme 2026. Ask your placement cell or HoD for an NOC early, because the third round is live. Check first that you clear the income and institution rules before you spend time on the application.
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If you are a parent
If your child is a final-year student, this change lets them earn Rs 9,000 a month while studying. The NOC keeps academics protected on paper. Help them confirm eligibility on the family income rule (under Rs 8 Lakh a year) and the government-employment rule before applying, so the effort is not wasted.
If you are a school principal or college administrator
Your Training and Placement Officer can now sign NOCs for the PM Internship Scheme 2026. Set a clear, fast internal process for NOC requests, since a delay can cost a student a live offer. You may also want to guide students on which of your programmes clear the scheme’s eligibility bars.
What Is Next
The third round of the pilot phase is open now, and companies keep posting roles. Final-year students should track the PMIS portal and ready their NOC. Watch these near-term steps:
- Register and complete eKYC on the PMIS portal.
- Collect a signed NOC from a listed college official.
- Apply to matching roles before each listing’s deadline.
Will your college’s placement cell issue NOCs fast enough to catch this round?
Frequently Asked Questions
Last updated: July 05, 2026 at 11:30 IST
Last verified: July 05, 2026
Disclaimer: This article is for general informational purposes only and is based on publicly available information at the time of publishing. Exam dates, cutoffs, fees, deadlines, eligibility criteria, and scholarship details can change without notice. Always verify the latest information from the official portal of the Ministry of Corporate Affairs (PMIS) before taking any action. CampusFeed and its authors are not responsible for decisions made based on this article. This is not legal, financial, or career advice. Please consult a qualified professional for individual guidance.
Written by Soumya Verma. Published: July 05, 2026. Updated: July 05, 2026. Have a tip or correction? Write to us at editorial@campusfeed.in.
