PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi)
PM SVANidhi is a micro-credit scheme launched on 1st June 2020 by the MoHUA to provide handholding support to street vendors. The scheme facilitates a working capital collateral-fr...
Financial assistance of up to ₹10,000 is provided to street vendors to help them restart and expand their businesses.
The loan is provided at a low-interest rate of 7%, making it easier for street vendors to repay the loan.
No collateral is required to avail of the loan, making it more accessible to street vendors.
There is no processing fee to apply for the scheme, making it cost-effective for street vendors.
The loan amount can be used for any purpose related to the street vending business, such as buying raw materials, paying rent, or purchasing equipment.
The scheme provides financial stability to street vendors and helps them to become self-reliant.
The loan repayment period is one year, which gives street vendors sufficient time to repay the loan.
The scheme encourages entrepreneurship and helps to create employment opportunities.
The scheme is aimed at providing financial assistance to street vendors affected by the COVID-19 pandemic, helping them to recover from the economic impact of the pandemic.
The scheme is implemented at the national level and is available in all States and Union Territories, making it accessible to street vendors across the country.
Eligibility (who can apply)
Street vendors in possession of Certificate of Vending / Identity Card issued by Urban Local Bodies (ULBs).
The vendors, who have been identified in the survey but have not been issued Certificate of Vending / Identity Card.
Street Vendors left out of the ULB-led identification survey or who have started vending after completion of the survey and have been issued a Letter of Recommendation (LoR) to that effect by the ULB / Town Vending Committee (TVC).
The vendors of surrounding development/ peri-urban/rural areas vending in the geographical limits of the ULBs, who have been issued a Letter of Recommendation (LoR) to that effect by the ULB / TVC.
How to Apply
**Online**
**Step 1:** Visit [https://pmsvanidhi.mohua.gov.in/ ](https://pmsvanidhi.mohua.gov.in/)and click on the "Log In" button on the homepage.
**Step 2:** Enter Mobile number and captcha.
Click request OTP.
**Step 3:** After successful login, select valid "vendor category" among the available options.
Enter "**Survey Reference Number**" (SRN) which is mandatory.
**Step 4:** On entering these basic details, fill the application form online, upload the relevant documents and submit.
**Note:**
Frequently Asked Questions
Who is eligible for PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) / what is the eligibility?
- Street vendors in possession of Certificate of Vending / Identity Card issued by Urban Local Bodies (ULBs).
- The vendors, who have been identified in the survey but have not been issued Certificate of Vending / Identity Card.
- Street Vendors left out of the ULB-led identification surve...
What are the benefits of PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi)?
- Financial assistance of up to ₹10,000 is provided to street vendors to help them restart and expand their businesses.
- The loan is provided at a low-interest rate of 7%, making it easier for street vendors to repay the loan.
- No collateral is required to avail of the loan, making it mo...
How to apply online for PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi)?
**Online**
**Step 1:** Visit [https://pmsvanidhi.mohua.gov.in/ ](https://pmsvanidhi.mohua.gov.in/)and click on the "Log In" button on the homepage.
**Step 2:** Enter Mobile number and captcha. Click request OTP.
**Step 3:** After successful login, select valid "vendor cate...