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Schemes / Government of India

PM Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi)

Central schemeStreet vendorUnorganised worker

Collateral-free working-capital loans for street vendors, with higher loans for timely repayment, interest subsidy and digital payment incentives. The restructured scheme now also covers vendors in census towns.

What you get

Collateral-free loans in tranches of ₹15,000, ₹25,000 and ₹50,000, interest subsidy on timely repayment, cashback for digital transactions, and a UPI-linked credit card for vendors who repay the second loan.

Who can apply

  • Street vendors with a Certificate of Vending/ID card from the urban local body, or identified in the ULB survey
  • Vendors left out of the survey can apply with a Letter of Recommendation from the ULB/Town Vending Committee

How to apply

  1. Apply on the PM SVANidhi portal (with Aadhaar) or through a CSC or lending institution
  2. Get a Letter of Recommendation if you don't have a vending certificate
  3. The lender sanctions and disburses the loan to your account

Documents usually needed

  • Aadhaar linked to mobile
  • Vending certificate/ID or Letter of Recommendation
  • Bank account
Apply on the official portal ↗Ask about my eligibility

Nodal authority: Ministry of Housing and Urban Affairs. Amounts and rules change — the official page is the final word.