PM SVANidhi Scheme [Street Vendor Loan] 2026 - ₹10,000 Benefit

PM SVANidhi Scheme [Street Vendor Loan]

Active Scheme

Last updated: 2026-01-18. Always verify on the official portal before applying.

A special loan scheme for Street Vendors (Hawkers/Thelawalas). It gives a collateral-free loan of ₹10,000 to restart business. If repaid on time, you can get bigger loans of ₹20,000 and ₹50,000. It also gives interest subsidy and cashback.

💰 Benefits

No Guarantee Loan: ₹10,000 (1st Loan).
Bigger Loans: ₹20,000 (2nd) and ₹50,000 (3rd) on timely repayment.
Interest Subsidy: 7% subsidy credited to account on timely repayment.
Cashback: Up to ₹100/month for digital transactions.
No Penalty: No fine for early repayment.

✅ Who Can Apply?

Street Vendors vending in urban areas.
Vendors with a Vending Certificate/ID Card.
Vendors with a Letter of Recommendation (LoR) from the Municipality.

📝 How to Apply?

1Step 1: Apply online at pmsvanidhi.mohua.gov.in or visit a CSC.
2Step 2: If you don't have an ID, get a Letter of Recommendation (LoR) from your Municipality.
3Step 3: Select a bank for the loan application.
4Step 4: Bank verifies and sanctions the loan.
5Step 5: Money is credited to your bank account.

Official Website

Visit the government portal to apply or check status.

Go to Official Portal

Questions About PM SVANidhi Scheme [Street Vendor Loan]

PM SVANidhi Scheme [Street Vendor Loan]

Active Scheme

Last updated: 2026-01-18. Always verify on the official portal before applying.

💰 Benefits

No Guarantee Loan: ₹10,000 (1st Loan).
Bigger Loans: ₹20,000 (2nd) and ₹50,000 (3rd) on timely repayment.
Interest Subsidy: 7% subsidy credited to account on timely repayment.
Cashback: Up to ₹100/month for digital transactions.
No Penalty: No fine for early repayment.

✅ Who Can Apply?

Street Vendors vending in urban areas.
Vendors with a Vending Certificate/ID Card.
Vendors with a Letter of Recommendation (LoR) from the Municipality.

📝 How to Apply?

1Step 1: Apply online at pmsvanidhi.mohua.gov.in or visit a CSC.
2Step 2: If you don't have an ID, get a Letter of Recommendation (LoR) from your Municipality.
3Step 3: Select a bank for the loan application.
4Step 4: Bank verifies and sanctions the loan.
5Step 5: Money is credited to your bank account.

Official Website

Visit the government portal to apply or check status.

Go to Official Portal

Agriculture Scientist

Leh Ladakh - Land of High Passes

Rishikesh - Yoga Capital

Ladakh - Land of High Passes

Spiti Valley - Cold Desert

Agriculture Scientist

Leh Ladakh - Land of High Passes

Rishikesh - Yoga Capital

Ladakh - Land of High Passes

Spiti Valley - Cold Desert

PM SVANidhi Scheme [Street Vendor Loan]

Active Scheme

💰 Benefits

✅ Who Can Apply?

📝 How to Apply?

Official Website

Questions About PM SVANidhi Scheme [Street Vendor Loan]

Do I need to give any guarantee for the PM SVANidhi loan?

How can I get the ₹50,000 loan under PM SVANidhi?

Is there any subsidy in PM SVANidhi?

What is the cashback benefit in PM SVANidhi?

Who issues the Letter of Recommendation (LoR)?

PM SVANidhi Scheme [Street Vendor Loan]

Active Scheme

💰 Benefits

✅ Who Can Apply?

📝 How to Apply?

Official Website

Questions About PM SVANidhi Scheme [Street Vendor Loan]

Do I need to give any guarantee for the PM SVANidhi loan?

How can I get the ₹50,000 loan under PM SVANidhi?

Is there any subsidy in PM SVANidhi?

What is the cashback benefit in PM SVANidhi?

Who issues the Letter of Recommendation (LoR)?