Snapshot
Quick facts
Policy status
Active central scheme
Region
India (Central)
Type
Street Vendor Micro Loan
Verified
Verified by editorial team
Key Figures
The numbers that matter — verify on the official portal
1st loan up to Rs 10,000
2nd up to Rs 20,000
3rd up to Rs 50,000
Interest subsidy + cashback on digital payments
For registered urban street vendors
Support Types
What the scheme actually offers
- incremental working-capital loans
- interest subsidy
- cashback on digital payments
Best Suited For
Fit Business Ideas
Examples this scheme tends to suit
Documents You Will Need
- vendor ID/certificate of vending
- Aadhaar
- bank account
How to Apply
Step-by-step process
- 1Get vendor certificate from ULB
- 2Apply via SVANidhi portal/bank
- 3Repay first loan to unlock higher tiers
Warning
Read this before applying
For registered street vendors; use digital payments to earn cashback & build credit.
Official Government Links
Always verify on these portals before applying
PM SVANidhi can reduce capital pressure, but only when documentation, eligibility, and execution are tight. Always verify the latest amounts and deadlines on the official portal before applying.