Employment
PM Street Vendor's AtmaNirbhar Nidhi
Ministry of Housing & Urban Affairs · Launched 2020
Gives street vendors affordable working-capital loans to restart and grow their businesses, with incentives for repayment and digital transactions.
Key benefit
Collateral-free working-capital loan with interest subsidy and cashback on digital payments.
Eligibility criteria
- Street vendor with a certificate of vending or identity card
- Vendors identified in the survey by the urban local body
- Vendors who began vending before the cut-off date as notified
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Documents required
- Aadhaar Card
- Certificate of vending or vendor ID
- Bank account details
How to apply
- 1Apply via the PM SVANidhi portal, a bank or a CSC
- 2Submit your vendor identity and KYC documents
- 3Receive the working-capital loan after approval
- 4Repay on time to access higher loan limits
Frequently asked questions
What loan does PM SVANidhi offer?
It offers a collateral-free working-capital loan that increases in steps as vendors repay on time.