Scheme Name | Pradhan Mantri Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) Scheme |
Loan Type | Working Capital |
Amount of Loan | Rs.10,000/- max |
Vending Activities | Fast food and food, Fruits and Vegetables, Home Décor & Handicrafts, Kitchen items, Cloth and Handloom items, Flower and Pooja items, Plastic items, Beauty and Fashion Accessories etc. |
Period | 1 year |
Guarantor/Collateral | No Guarantor or Collateral required |
Margin | No margin |
Rate of Interest | 13% p.a. |
Interest Subsidy | On timely/ Early repayment @ 7% |
Incentive Monthly | cash-back incentive on digital transactions |