PM SVANidhi (PM Street Vendor’s AtmaNirbhar Nidhi)
PM SVANidhi provides working-capital credit and incentives to eligible street vendors.
Check the official source before applying. Details can change; the official notice is the final authority.
- Scope
- Central
- Scheme category
- Not stated in official notice
- Application opens
- Not stated in official notice
- Application closes
- Not stated in official notice
About the scheme
The micro-credit programme helps verified street vendors obtain working capital through progressive loan tranches, with higher credit after repayment under current rules. Digital-payment and interest incentives may also apply. It supports stock purchases, business continuity and a formal credit history; loans remain repayable and are subject to lender assessment.
PM SVANidhi loan eligibility, street-vendor working capital, collateral-free vendor credit and PM Street Vendor AtmaNirbhar Nidhi are useful searches.
Eligibility
Vendors recognized through a municipal survey or accepted vending documentation, subject to current verification rules.
Benefits
Collateral-free credit in successive tranches and eligible interest or digital-payment incentives.
Documents required
Identity, bank account, certificate of vending or municipal survey or recommendation record, as applicable.
How to apply
Apply through a participating lender or authorized channel after municipal verification; repay on time for later tranches.