PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) offers collateral-free working-capital loans to street vendors to restart and grow their businesses.
Apply and check status free on the official Government of India portal.
Benefits
- Collateral-free working-capital loan — ₹10,000, then ₹20,000, then ₹50,000 on timely repayment
- Interest subsidy of 7% on timely repayment
- Cashback incentives for digital transactions
Eligibility
- Street vendors with a Certificate of Vending or identified in the survey
- Vendors who started before the cut-off as per scheme guidelines
Documents required
- Aadhaar
- Certificate of Vending / ID card
- Bank account details
How to apply
- Apply on pmsvanidhi.mohua.gov.in or through a banking correspondent / CSC.
- Verify your vendor details and bank account.
- Receive the loan in your account after approval.
Helpline
1800-11-1979
FAQs
How much loan can a street vendor get under PM SVANidhi?
₹10,000 initially, then ₹20,000 and ₹50,000 on timely repayment of the earlier loan.
Is PM SVANidhi collateral-free?
Yes — the loans are collateral-free, with an interest subsidy for timely repayment.