PM SVANidhi is a micro-credit scheme launched on 1st June 2020 by the MoHUA to provide handholding support to street vendors. The scheme facilitates a working capital collateral-free loan of ₹10,000, with subsequent loans of ₹20,000 and ₹50,000 with a 7% interest subsidy.
Central Government | loan | business
Working capital loan up to ₹10,000 at 7% interest rate with one year repayment period, no collateral required
Administered by Ministry Of Housing & Urban Affairs
Eligible categories: General
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Scheme details may change over time. Please verify eligibility and benefits on official government websites. For help applying, visit your nearest Common Service Centre (CSC) or contact your elected representative.