The Param Vishisht Seva Medal (PVSM) (IAST: Parama Viśiṣṭa Sēvā, lit. 'supreme distinguished service medal') is the highest peacetime medal of the Indian Armed Forces, and is awarded for "distinguished service of the most exceptional order." The medal was instituted on Republic Day 1960 as the highest class of the Vishisht Seva Medal ("Distinguished Service Medal") intended to recognise "distinguished service rendered by personnel of the Armed Forces." All ranks of the Armed Forces are eligible for the medal, which may be awarded multiple times as well as posthumously.

At its creation, it was designated the Vishisht Seva Medal (Class I). On 27 January 1967, it received its present name. Post-nominals for recipients were approved on 19 August 1967.

Recipients