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PM SVANidhi

PM SVANidhi

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State

States / UT: Gujarat

Ministry / nodal: Ministry of Housing and Urban Affairs

Department: URBAN DEVELOPEMNT AND URBAN HOUSING DEPARTMENT

Nodal department: URBAN DEVELOPEMNT AND URBAN HOUSING DEPARTMENT

Scheme for: Individual

Scheme profile

DBT (direct benefit transfer): Yes

Target beneficiaries: Street Vendors

Tags: Street Vendors, Micro Credit, Financial Assistance, Self-Employment, Urban Areas, Covid-19 Relief, DBT, Government Scheme

Details

The PM Street Vendors AtmaNirbhar Nidhi (PM SVANidhi) is a scheme launched by the Ministry of Housing and Urban Affairs to provide a special Micro Credit Facility for street vendors. This initiative aims to offer affordable working capital loans to help street vendors resume their livelihoods, which have been adversely affected due to the Covid-19 lockdowns.

Benefits

  • - First loan of ₹10,000- Second loan of ₹20,000- Third loan of ₹50,000- 7% interest subsidy on loan repayment provided through Direct Benefit Transfer (DBT)
  • First loan of ₹10,000
  • Second loan of ₹20,000
  • Third loan of ₹50,000
  • 7% interest subsidy on loan repayment provided through Direct Benefit Transfer (DBT)

Eligibility

Any individual who is a street vendor can apply. There are no specific educational or income limits.

Application Process

Online

To apply, visit the online application portal at PM SVANidhi. Required attachments include an Aadhar Card and a Vending Certificate.

Documents Required

No document list is available for this scheme yet.

References

Apply

Apply now

Opens the official application or programme portal in a new tab. If in doubt, confirm details on the ministry site.

Documents Required for Government Schemes

Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:

  • Aadhaar Card
  • Income Certificate
  • Caste Certificate (if applicable)
  • Residence Proof
  • Bank Account Details
  • Educational Certificates (for student schemes)

How to Apply for Government Schemes?

The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:

  1. Check eligibility criteria
  2. Collect required documents
  3. Fill the application form
  4. Submit the application online or at the relevant office
  5. Track application status