Benefit Amount
Loan Rs.10,000-50,000 + 7% interest subsidyLoan
✓ Government Verified✓ Direct Bank Transfer
ℹAbout PM SVANidhi - Street Vendor Scheme
Provides affordable working capital loans up to Rs.10,000 (1st), Rs.20,000 (2nd), Rs.50,000 (3rd) to street vendors with digital payment incentives.
Ministry
Ministry of Housing and Urban Affairs
✓Who Is Eligible?
The PM SVANidhi scheme is designed specifically for street vendors operating in urban areas across India. This scheme welcomes all street vendors who are involved in selling goods or services on streets or public spaces, including those selling food items, clothes, accessories, or other merchandise. There are no specific restrictions based on age, gender, caste, or religion mentioned for this scheme, making it inclusive for all eligible vendors. Vendors from all states and union territories in India can apply for this scheme. The primary requirement is that you must be an active street vendor with a recognized vending license or permission from your local municipal authority. For exact eligibility criteria regarding income limits, educational qualifications, or other specific conditions, it is recommended to check the official PM SVANidhi portal at https://pmsvanidhi.mohua.gov.in/ or contact your nearest urban local body office. The scheme offers loans in three tranches starting from Rs.10,000, so you should be prepared to maintain proper records of your business transactions and repayment history to qualify for higher loan amounts in subsequent phases.
Quick eligibility check:
✓
Gender: Male, Female, Other✓
Category: General, OBC, SC, ST📝How to Apply for PM SVANidhi - Street Vendor Scheme
Follow these simple steps to apply for the PM SVANidhi scheme:
1. Visit the official PM SVANidhi portal at https://pmsvanidhi.mohua.gov.in/ using your computer or smartphone.
2. Look for the registration or application option on the homepage and click on it to start the process.
3. Fill in your personal details carefully, including your name, contact number, address, and any other information requested in the application form.
4. Provide information about your street vending business, such as the type of goods you sell and your current working location.
5. Upload the required documents as specified on the portal to verify your identity and business details.
6. Review all the information you have entered to ensure it is correct before submitting your application.
7. Submit your application and note down your application reference number for future tracking and follow-up with the concerned authorities.
Once submitted, your application will be reviewed by the bank or designated lending institution. Keep your mobile number active as they may contact you for verification. You can also track your application status on the official website using your reference number.
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