PM SVANidhi Co-Branded RuPay Credit Card for Street Vendors
Customized revolving credit card with interest-free credit cycle and digital repayment rewards for street vendors graduating from PM SVANidhi loans.
Quick Eligibility Snapshot
₹Benefits & Entitlement Breakdown
📊Budget Allocation & Beneficiary Reach
Jointly implemented by MoHUA, DFS, and National Payments Corporation of India (NPCI)
Official Budget Document ↗Over 1.2 Lakh disciplined street vendors transitioned to formal credit cards
As of: 2026-01-20PIB / Official Citation ↗Verified Eligibility Criteria
Street vendors who have demonstrated timely repayment track records under PM SVANidhi 2nd or 3rd loan tranches.
Required Documents Checklist
Verify readiness before applying for PM SVANidhi Co-Branded RuPay Credit Card for Street Vendors. Check off your papers or print this list before visiting your local CSC / Cyber Cafe.
Mandatory Documents(3)
Check off as readyKeep self-attested photocopies and clear digital scans (100 KB – 200 KB, PDF/JPG format) ready to avoid portal upload timeouts.
Worried About Application Rejection for PM SVANidhi Co-Branded RuPay Credit Card for Street Vendors?
Over 30% of applications on official portals get delayed or rejected due to minor certificate authority mismatches or unseeded bank accounts. Our civic research desk compiles a verified 1-page Scheme Blueprint tailored to your state and profile.
- ✓Valid issuing authority rules (Tehsildar/SDM)
- ✓Aadhaar-DBT bank seeding verification
- ✓Direct official portal guide (no middlemen)
- ✓Email delivery in 1–2 hrs during desk hours
🔒 Secure Razorpay Checkout • 100% Independent
Application Effort & Process Friction
Readiness assessment derived from official prerequisites, mandatory documentation, and submission channels.
Effort scores reflect portal accessibility, mandatory document burden, and physical verification requirements.
How to Apply
- 1
Settle 2nd or 3rd tranche PM SVANidhi loan on time.
- 2
Receive pre-approved credit card invitation via SMS or on PM SVANidhi portal.
- 3
Confirm delivery address and accept digital terms on mobile app.
- 4
Co-branded RuPay Credit Card delivered to street vendor residential address within 7 working days.
✅Before You Begin — Pre-Application Checklist
⚠️Common Rejection Reasons — Avoid These
Delinquency or late payments on previous loan tranches, or inactive UPI merchant profile.
Official Government Application Portal
You will be redirected to the secure official portal: pmsvanidhi.mohua.gov.in
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Get Scheme Blueprint (₹49)→Frequently Asked Questions (Officially Sourced)
Verified answers sourced directly from official circulars, gazettes, and portal FAQs. Never AI-invented.
What is the interest-free credit period on the SVANidhi credit card?
Borrowers enjoy an interest-free billing cycle of up to 45 to 50 days on purchases from wholesale mandis and suppliers.
Source: Official Scheme FAQ ↗Are there any annual or joining fees for this card?
No joining fees or annual maintenance charges are levied on the co-branded PM SVANidhi RuPay credit card.
Source: Official Scheme FAQ ↗Can vendors use the card for UPI payments?
Yes, because it is on the RuPay network, vendors can link this credit card directly to their UPI apps (BHIM, PhonePe, Google Pay, Paytm) to make scan-and-pay payments.
Source: Official Scheme FAQ ↗Can I track my PM SVANidhi Co-Branded RuPay Credit Card for Street Vendors application status?
Application status for PM SVANidhi Co-Branded RuPay Credit Card for Street Vendors can typically be tracked through the official portal at pmsvanidhi.mohua.gov.in using your Aadhaar number, application reference number, or registered mobile number. Alternatively, contact the scheme helpline or visit your nearest Common Service Centre (CSC).
What should I do if my PM SVANidhi Co-Branded RuPay Credit Card for Street Vendors payment is delayed or rejected?
First, verify your Aadhaar-bank account seeding status on the NPCI mapper (npci.org.in). If seeding is confirmed and payment is still pending, register a complaint on the Central Public Grievance Redressal System at pgportal.gov.in. You may also file an RTI application at rtionline.gov.in to obtain official rejection reasons within 30 days.
Is there an income tax implication for receiving PM SVANidhi Co-Branded RuPay Credit Card for Street Vendors benefits?
Agricultural income and certain welfare subsidies may be exempt from income tax under Section 10 of the Income Tax Act, 1961. Tax treatment varies by scheme type and beneficiary income level. Consult a certified tax practitioner or visit incometax.gov.in for scheme-specific tax guidance.
Common Rejection Reasons & Warnings
Delinquency or late payments on previous loan tranches, or inactive UPI merchant profile.
Editorial Verification & Change Log
| Date | Field | Description / Update | Source Citation |
|---|---|---|---|
| 2026-10-18 | scheme_type | cs | Official Source ↗ |
| 2026-09-28 | initial_verification | Baseline verification of PM SVANidhi Co-Branded RuPay Credit Card for Street Vendors guidelines, benefits, and portal integration. | Official Source ↗ |
⚖Compare with Similar Schemes
Side-by-side eligibility, benefit, and effort comparison:
Application Window & Deadlines
Continuous roll-out across partnering scheduled commercial banks
🛟Grievance & RTI Channels
Scheme Intelligence
How is this calculated? ↗Verified 7d ago from .gov.in source
Requires documentation or office visit
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Micro-credit working capital loan facility providing collateral-free loans up to ₹50,000 with 7% interest subsidy and cashback for urban street vendors.
📅Scheme Milestone Timeline
Baseline verification of PM SVANidhi Co-Branded RuPay Credit Card for Street Ven...
Official Source ↗Schemes You Can Stack With This
Complementary programs with non-conflicting eligibility that you can claim concurrently:
Official Helpline & Nodal Offices
Ministry of Housing and Urban Affairs / NPCI
Nirman Bhawan, New Delhi 110011
Helpline: 011-23062309
Jurisdiction: NationalNotice a Discrepancy?
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Verification Metadata
Last verified by Eligo researchers on 2026-10-12 against official government documentation.
Eligo is an independent information platform unaffiliated with any government body. Always confirm latest terms directly on the official portal.