PM SVANidhi (Street Vendor Loan)

Street vendors in towns and cities. Needs a vending certificate, or a recommendation letter from the municipality. Small working-capital loans, growing as you repay.

Loan ₹10,000–₹50,000 · 7% interest subsidy · No collateral

Aadhaar Card, Bank Account, Vending Certificate / Letter of Recommendation from ULB.

Apply online on the official website: https://web.umang.gov.in/landing/scheme/detail/pm-street-vendors-atmanirbhar-nidhi-pm-svanidhi_pm-svanidhi.html

Open pmsvanidhi.mohua.gov.in and use the application status option with your mobile number. Approved applications go to the lending bank, which disburses the loan. Your municipality (Urban Local Body) confirms you are a street vendor (vending certificate / letter of recommendation).

Pending with the municipality — ask the ULB town vending / PM SVANidhi cell to verify you. Pending with the bank — visit the branch shown in your application with your documents. The interest subsidy and digital cashback are credited to your account periodically when you repay on time and use digital payments. Your municipality / Urban Local Body PM SVANidhi cell, or the lending bank branch.

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