PM Street Vendor’s Atmanirbhar Nidhi Scheme
Special Micro Credit Facility for Street Vendors
Collateral free loan upto INR 50K
*T&C Apply
PM Street Vendor’s Atmanirbhar Nidhi Scheme
PM SVANidhi gives Vendors access to affordable working capital loans which helps them to resume their livelihood activities post countrywide lockdown. It aims to promote digitalization by ensuring a mechanism of rewarding the vendors opt for digital repayment of loans.
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Special micro loan facility launched by Ministry of Housing and Urban Affairs for providing affordable loans to street vendors
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Facilities for collateral free working capital loans of up to INR 50,000
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Interest subsidy for timely/early repayment @ 7%
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Monthly cash back incentive on digital transactions up to INR 100
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Street vendors in possession of Certificate of Vending / Identity Card issued by Urban Local Bodies (ULB)
- Online loan application through the designated govt portal
- KYC of the applicant
- Udyam Registration Certificate
- QR code details if any
- Any other document as per bank assessment practices
For more details: https://pmsvanidhi.mohua.gov.in/
