PM SVANidhi

PM Street Vendors AtmaNirbhar Nidhi (PM SVANidhi) provides affordable working capital loans to street vendors to help them resume their livelihoods after the pandemic.

• Collateral-free loans starting at ?10,000
• 7% interest subsidy on timely repayment
• Monthly cashback on digital transactions
• Higher loan amounts (?20k and ?50k) in subsequent tranches

• Street vendors vending in urban areas on or before March 24, 2020
• Vendors with Certificate of Vending or ID Card
• Vendors with Letter of Recommendation from ULB

• Aadhaar Card
• Certificate of Vending (CoV) / ID Card
• Bank Passbook
• Mobile number linked to Aadhaar

1. Visit pmsvanidhi.mohua.gov.in
2. Click on "Apply for Loan"
3. Verify mobile number with OTP
4. Check vendor status and fill application
5. Upload documents and select lender