PM SVANidhi Street Vendor Loan — Quick Overview
| Scheme Name | PM SVANidhi 2.0 — Rs 10,000-50,000 Loan to 60 Lakh Street Vendors | pmsvanidhi.mohua.gov.in |
| Launched By | Government of India |
| Launch Year | 2020 |
| Benefit | Loans Rs 10K→Rs 20K→Rs 50K with 7% interest subsidy + 1% cashback on digital transactions |
| Category | Employment |
| Last Verified | 1 May 2026 |
| Official Portal | https://pmsvanidhi.mohua.gov.in |
What is PM SVANidhi Street Vendor Loan?
PM Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi) provides affordable working capital loans to street vendors. Extended as PM SVANidhi 2.0, the scheme offers: 1st loan Rs 10,000, 2nd loan Rs 20,000, 3rd loan Rs 50,000 — all with 7% interest subsidy. Vendors who repay on time and use digital transactions get 1% cashback. Over 60 lakh loans sanctioned. Ministry of Housing and Urban Affairs implements via ULBs and microfinance institutions.
Under this scheme, eligible beneficiaries receive Loans Rs 10K→Rs 20K→Rs 50K with 7% interest subsidy + 1% cashback on digital transactions. The scheme was launched in 2020 and is implemented by the Government of India.
पीएम स्वनिधि योजना स्ट्रीट वेंडर्स (रेहड़ी-पटरी वाले) को किफायती कार्यशील पूंजी ऋण देती है। पहला लोन ₹10,000, दूसरा ₹20,000, तीसरा ₹50,000 — सभी पर 7% ब्याज सब्सिडी। समय पर चुकाने और डिजिटल भुगतान पर 1% cashback। 60 लाख से ज्यादा लोन मंजूर।
₹10,000→₹20,000→₹50,000 ऋण + 7% ब्याज सब्सिडी + डिजिटल भुगतान पर 1% cashback।
Benefits of PM SVANidhi Street Vendor Loan
Loans Rs 10K→Rs 20K→Rs 50K with 7% interest subsidy + 1% cashback on digital transactions
Who is Eligible for PM SVANidhi Street Vendor Loan?
- ✓Street vendors who were vending before March 24, 2020 (COVID lockdown date)
- ✓Must have: Certificate of Vending / Letter of Recommendation from ULB
- ✓Vendors identified in surveys conducted by Urban Local Bodies (ULBs)
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Documents Required for PM SVANidhi Street Vendor Loan
How to Apply for PM SVANidhi Street Vendor Loan Online?
- 1Visit the official portal at https://pmsvanidhi.mohua.gov.in
- 2Click on Apply Now or Register button on the homepage
- 3Enter your Aadhaar-linked mobile number and verify OTP
- 4Fill in the online application form with required details
- 5Upload the required documents including Aadhaar and bank passbook
- 6Review all details and submit the application
- 7Note down the application reference number for future tracking
- 8Wait for verification and approval from the concerned authority
Official Government Portal
Apply directly on the official government website. This is the only authorised portal — never pay anyone to apply on your behalf.
🔗Apply on pmsvanidhi.mohua.gov.inFrequently Asked Questions — PM SVANidhi Street Vendor Loan
Common Questions About Employment Schemes
पीएम विश्वकर्मा योजना में 18 ट्रेड कौन से हैं?+
1. बढ़ई (Carpenter), 2. नाव बनाने वाला (Boat Maker), 3. शस्त्र बनाने वाला (Armourer), 4. नाई (Barber), 5. लोहार (Blacksmith), 6. हथौड़ा व टूल किट निर्माता, 7. ताला बनाने वाला (Locksmith), 8. सुनार (Goldsmith), 9. कुम्हार (Potter), 10. मछली पकड़ने का जाल बनाने वाला, 11. मूर्तिकार/पत्थर तराशने वाला (Sculptor), 12. मोची/जूता बनाने वाला (Cobbler), 13. राजमिस्त्री (Mason), 14. टोकरी/चटाई/झाड़ू बनाने वाला, 15. गुड़िया व खिलौना बनाने वाला, 16. माला बनाने वाला (Garland Maker), 17. धोबी (Washerman), 18. दर्जी (Tailor)।
How to apply for PM Vishwakarma Yojana online?+
PM Vishwakarma registration is done OFFLINE at CSC centres using Aadhaar biometric — you cannot register directly online without CSC. Go to your nearest Common Service Centre with your Aadhaar card. Registration is completely FREE.
What is a greenfield enterprise under Stand Up India?+
A greenfield enterprise means a new business being set up for the first time in manufacturing, services, or trading sectors. Expansion of an existing business does NOT qualify — the loan must be for a new venture.
How to apply for Stand Up India loan?+
Apply at any bank branch or online at standupmitra.in. The portal connects applicants with banks and handholding agencies. You can search for banks by state, district, or loan amount, and submit an Expression of Interest (EOI) online.
What is the maximum project cost under PMEGP?+
For manufacturing sector: Rs.50 lakh project cost (raised from Rs.25 lakh in 2023-24). For business/service sector: Rs.20 lakh. The government subsidy (margin money) ranges from 15 to 35% of the project cost.
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Related Employment Schemes
PM Vishwakarma Yojana 2026 — ₹3 Lakh Loan + ₹15,000 Toolkit for 18 Trades | pmvishwakarma.gov.in
PM Vishwakarma Yojana is a central government scheme launched on 17 September 2023 that supports traditional artisans and craftspeople across 18 trades with free skill training (₹500/day stipend), a ₹15,000 toolkit e-voucher, and collateral-free loans up to ₹3 lakh at just 5% interest. Implemented by the Ministry of MSME with a ₹13,000 crore budget over 5 years (FY2023-24 to FY2027-28). Registration is done FREE at Common Service Centres (CSC) using Aadhaar biometric authentication.
Stand Up India Scheme 2026 — ₹10 Lakh to ₹1 Crore Loan | SC/ST & Women Entrepreneurs
Stand Up India facilitates bank loans between Rs.10 lakh and Rs.1 crore to at least one SC or ST borrower and one woman borrower per bank branch for setting up new greenfield enterprises. Over 2.37 lakh accounts sanctioned worth Rs.55,000 crore since 2016. 7-year repayment period with 18-month moratorium. Apply at standupmitra.in.
PMEGP 2026 — 15–35% Subsidy | Rs.50 Lakh Loan | PM Employment Generation Programme
Prime Minister Employment Generation Programme (PMEGP) provides government subsidy of 15 to 35% on project costs to set up micro-enterprises. Manufacturing sector: up to Rs.50 lakh project cost. Service sector: up to Rs.20 lakh. SC/ST/Women/NE region get 35% subsidy vs 15% for General urban. Implemented by KVIC through banks. Over 9.67 lakh units established creating 77 lakh+ jobs since 2008.
E-Shram Card 2026 — Free Registration for Unorganized Workers
E-Shram is a national database for unorganized sector workers providing a Universal Account Number (UAN) card, ₹2 lakh accident insurance, and priority access to 12 government welfare schemes.