PM Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi)
Collateral-free working-capital micro-credit for street vendors: first loan up to Rs 10,000, second up to Rs 20,000 and third up to Rs 50,000, with 7% interest subsidy and cashback of up to Rs 100/month for digital transactions. Restructured and extended up to 31 March 2030.
Maximum benefit value
₹50,000
Eligibility
- Street vendors vending in urban areas as on or before the stipulated survey/reference date
- Vendors with Certificate of Vending / identity from Urban Local Body
- Vendors identified in the survey but without certificate, or in surrounding peri-urban/rural areas
How to apply
Apply online at the PM SVANidhi portal (pmsvanidhi.mohua.gov.in), via the PM SVANidhi mobile app, or offline through a Common Service Centre (CSC).
Required documents
- Certificate of Vending / ID card from ULB
- KYC documents (Aadhaar, etc.)
- Bank account details
Official sources
Verification notes
Verified on official MoHUA PM SVANidhi portal and MyScheme. Launched 1 June 2020; tiered loans Rs 10k/20k/50k; 7% interest subsidy; extended to 31 March 2030 with outlay Rs 7,332 crore. maxValueInINR reflects the maximum (third) loan tranche of Rs 50,000. [AI-gathered from official sources on 2026-07-05; needs team review]