सिडबी प्रत्यक्ष वित्तपोषण (SIDBI Direct)कार्यशील पूंजी ऋण (Working Capital)✓ 7% per annum interest subsidy directly credited to bank account; digital cashback up to ₹1,200/yearसत्यापित: 2026-09-29 (180-दिवसीय SLA)

पीएम स्वनिधि - प्रथम किस्त कार्यशील पूंजी ऋण (₹10,000)

ऋण प्रदाता बैंक / संस्था: Small Industries Development Bank of India (SIDBI)

₹10,000 collateral-free working capital loan for street vendors with 7% interest subsidy.

अधिकतम ऋण राशिUp to ₹10,000

ब्याज दर7.00% – 9.50% (7% Interest Subsidy applies)

पुनर्भुगतान अवधि1 Year (12 monthly EMIs)

प्रोसेसिंग शुल्कNil (100% statutory fee waiver)

💼उत्पाद विवरण एवं मुख्य लाभ (Product Overview & Benefits)

उत्पाद का संक्षिप्त विवरण

First-step micro-credit facility administered by MoHUA and SIDBI enabling urban street vendors to resume or scale livelihoods with a collateral-free working capital loan up to ₹10,000.

प्रमुख लाभ एवं व्यावसायिक विशेषताएं

7% interest subvention paid directly by MoHUA into savings account; up to ₹100 monthly cashback on digital UPI transactions; builds formal credit bureau footprint.

📋पात्रता मानदंड एवं कोलेटरल नियम (Eligibility & Collateral)

व्यावसायिक पात्रता शर्तें

Street vendors engaged in vending in urban areas on or before March 24, 2020, with Certificate of Vending (CoV) or Letter of Recommendation (LoR) from Urban Local Body.

जमानत / कोलेटरल आवश्यकता (Collateral)

Strictly zero collateral and zero third-party guarantee

प्रीपेमेंट एवं समय-पूर्व बंद करने के नियम (Prepayment Terms)

No prepayment penalty; early repayment unlocks immediate 2nd tranche of ₹20,000

📂आवश्यक दस्तावेज (Required Documents)

Aadhaar Card, Vending Certificate / ID card or Letter of Recommendation (LoR) from Town Vending Committee (TVC), Bank passbook.

⚠️क्या कमी है / महत्वपूर्ण चेतावनियां (Honest Disclosures & Caveats)

Requires street vendor identification (Certificate of Vending or ULB Letter of Recommendation). Strictly capped at ₹10,000 for 1st cycle.

🚀आवेदन के चरण (How to Apply)

1. मौजूदा बैंक ग्राहक:

Apply via PM SVANidhi mobile app or ULB help desk.

2. नए उद्यमी (ऑनलाइन):

Apply at pmsvanidhi.mohua.gov.in using Aadhaar-linked mobile number.

3. बैंक शाखा में जाकर:

Visit nearest commercial bank, Common Service Centre (CSC), or Municipality office.

आधिकारिक आवेदन पोर्टल पर जाएं आधिकारिक MITC दस्तावेज देखें↗

❓अक्सर पूछे जाने वाले प्रश्न (FAQs)

What is the interest subsidy under PM SVANidhi?

Beneficiaries receive an interest subsidy of 7% per annum credited directly into their bank accounts on a quarterly basis.

What cashback is offered for digital transactions?

Vendors earn up to ₹100 per month (₹1,200 annually) as direct cashback for accepting merchant digital UPI payments.

Can a vendor get a second loan after repaying ₹10,000?

Yes. Timely repayment of the 1st tranche automatically makes the vendor eligible for the 2nd tranche of ₹20,000.

What if a vendor does not have a vending ID card?

Vendors without identity cards can obtain a Letter of Recommendation (LoR) from their Urban Local Body / Town Vending Committee.