PM SVANidhi (Street Vendor Atmanirbhar Nidhi)
Central Scheme (All India)
Employment
Application Mode: ONLINE
Active
Quick AI Summary
Micro-credit facility of Rs. 10,000 to Rs. 50,000 for street vendors to restart and expand their businesses.
Detailed Summary
PM SVANidhi provides affordable working capital loans to street vendors identified by urban local bodies.
Key Benefits & Financial Assistance
| Comparison Criteria | Benefits |
|---|---|
| Key Benefits | - First tranche: Rs. 10,000. - Second tranche: Rs. 20,000. - Third tranche: Rs. 50,000. - 7% interest subsidy and cashback incentives for digital payments. |
Eligibility Criteria Profile
| Comparison Criteria | Eligibility |
|---|---|
| age min | >= 18 |
| state id | = 3 |
Application Process Guide
- Apply on the PM SVANidhi portal or through ULBs and empaneled lending institutions.