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Maharashtra · Street Vendor / Urban / Micro Credit

PM SVANidhi – Street Vendor Micro-Credit Scheme (2025 Revamp)

Also known as: PM SVANidhi – Street Vendor Micro-Credit Scheme · PM SVANidhi · PM SVANidhi Yojana · Pradhan Mantri SVANidhi · PM SVANidhi Maharashtra · PM SVANidhi – पथविक्रेता सूक्ष्म ऋण योजना

Ministry of Housing & Urban Affairs (implemented by Maharashtra ULBs)
Benefit
Collateral-free loans: ₹15,000 (1st), ₹25,000 (2nd), ₹50,000 (3rd tranche) + 7% interest subsidy + UPI-linked RuPay credit card (₹30,000 limit) + ₹1,200/yr cashback on digital payments

At a glance

SchemePM SVANidhi – Street Vendor Micro-Credit Scheme (2025 Revamp)
ForStreet Vendor / Urban / Micro Credit
WhereMaharashtra
DepartmentMinistry of Housing & Urban Affairs (implemented by Maharashtra ULBs)
How to applyOnline
Info checked2026-10-12

Who Can Apply

In short — check the official website for the full rules.

Required Documents

How to Apply

Apply online on the official government website (link below).

Open in YojanaSahay App & Check Eligibility → or browse all schemes Visit Official Government Website ↗

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Frequently asked questions

Who can apply for PM SVANidhi – Street Vendor Micro-Credit Scheme (2025 Revamp)?

Resident of Maharashtra. For: Self-employed / business owners. Family income up to ₹3 lakh a year. Lives in cities (urban) or small towns.

What is the benefit of PM SVANidhi – Street Vendor Micro-Credit Scheme (2025 Revamp)?

Collateral-free loans: ₹15,000 (1st), ₹25,000 (2nd), ₹50,000 (3rd tranche) + 7% interest subsidy + UPI-linked RuPay credit card (₹30,000 limit) + ₹1,200/yr cashback on digital payments

What documents are needed for PM SVANidhi – Street Vendor Micro-Credit Scheme (2025 Revamp)?

Aadhaar Card, Vending Certificate / Letter of Recommendation from ULB / Town Vending Committee, Bank Passbook, Passport Photo, Mobile Number (for UPI).

How do I apply for PM SVANidhi – Street Vendor Micro-Credit Scheme (2025 Revamp)?

Apply online on the official website: https://nmcnagpur.gov.in/assets/300/2025/09/Public-Notices/Scheme_Guidelines_-_6925_(1)_250916_155553.pdf

How can I check if I am eligible for PM SVANidhi – Street Vendor Micro-Credit Scheme (2025 Revamp)?

Answer a few simple questions on YojanaSahay — it tells you free of cost which schemes you qualify for, with the documents for each.

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Official link last checked: 2026-10-12