PM Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi)

இது என்ன?

PM SVANidhi is a loan scheme for street vendors - the people who sell vegetables, fruit, snacks, clothes or small goods from carts, stalls and pavements in towns and cities. It was started in 2020 because street vendors lost their earnings during the Covid-19 lockdown and had no way to get credit from a bank.

The loan is given in steps, and each step depends on repaying the previous one on time. After the Union Cabinet restructured the scheme in August 2025, the first loan is up to Rs 15,000 (earlier Rs 10,000), the second is up to Rs 25,000 (earlier Rs 20,000), and the third remains Rs 50,000. No collateral or security is required.

The published terms also include an interest subsidy of 7% per year, credited into the vendor's bank account by Direct Benefit Transfer every three months. There is a cashback reward for accepting digital payments and making digital purchases - the restructured scheme provides cashback incentives of up to Rs 1,600, made up of up to Rs 1,200 on retail sales (maximum Rs 100 per month) and up to Rs 400 on wholesale purchases of Rs 2,000 or more, paid quarterly. Vendors who repay the second loan on time are offered a UPI-linked RuPay Credit Card.

The published eligibility conditions rest on being a genuine street vendor. The original guidelines covered vendors vending on or before 24 March 2020 in urban areas, including those from surrounding peri-urban and rural areas. Four groups are listed: vendors with an identity card and Certificate of Vending from a survey; vendors without those but with proof of having received one-time lockdown assistance; vendors with membership records from a vendors' association; and vendors with any other document proving they are vendors. Vendors with no document at all can request a Letter of Recommendation from the Urban Local Body, which must decide on the request within 15 days.

The lending period has been extended to 31 March 2030 with an outlay of Rs 7,332 crore, aiming to cover 1.15 crore beneficiaries including 50 lakh new ones. A common misunderstanding: this is a loan, not a grant. It has to be repaid, and repaying on time is what opens access to the larger next loan and the credit card.

சாத்தியமான சலுகை

₹15,000 – ₹50,000 per loan tranche

A collateral-free working capital loan: first tranche up to Rs 15,000 (raised from Rs 10,000), second up to Rs 25,000 (raised from Rs 20,000), third up to Rs 50,000. An interest subsidy of 7% per annum is credited quarterly by Direct Benefit Transfer. Cashback incentives of up to Rs 1,600 are provided - up to Rs 1,200 on retail sales at a maximum of Rs 100 per month, and up to Rs 400 quarterly on wholesale purchases of Rs 2,000 or more. A UPI-linked RuPay Credit Card is offered to vendors who have repaid the second loan on time.

யார் விண்ணப்பிக்கலாம்?

அரசு கூறியுள்ள பிற நிபந்தனைகள்

• The applicant must be a street vendor. The original guidelines cover vendors "vending on or before 24 March, 2020, in urban areas including those from surrounding peri-urban/ rural areas".
• Vendors holding an Identity Card and Certificate of Vending issued after a survey are covered.
• Vendors identified in a survey but without an ID card or Certificate of Vending are covered.
• Vendors left out of the survey, or who started vending after it, are covered on the basis of a Letter of Recommendation from the Urban Local Body or Town Vending Committee.
• Vendors from surrounding peri-urban or rural areas who vend in the urban area are covered with a Letter of Recommendation.
• Proof of having received one-time lockdown assistance, vendors' association membership records, or any other document proving vendor status may be used.
• The Urban Local Body must dispose of a Letter of Recommendation request within 15 days, and issue a Certificate of Vending or ID Card within 30 days of the Letter.
• No age limit and no income ceiling are stated on the official pages checked.

தகுதி பற்றிய தகவல் அறிவிப்புக்காக மட்டுமே. இறுதித் தகுதியையும் ஒப்புதலையும் சம்பந்தப்பட்ட அரசு அதிகாரம் தீர்மானிக்கிறது.

எப்படி விண்ணப்பிப்பது

Applications are made through the PM SVANidhi portal (pmsvanidhi.mohua.gov.in), at a Common Service Centre, or through a participating bank or Urban Local Body help desk, using Aadhaar together with a Certificate of Vending or ID card. Vendors without vending documents first request a Letter of Recommendation from the Urban Local Body. The lending bank sanctions the loan, and the interest subsidy and cashback are credited to the bank account.

எங்கு விண்ணப்பிப்பது: online, bank and csc

கடைசி நாள்

நிர்ணயிக்கப்பட்ட கடைசி நாள் இல்லை. விண்ணப்பங்கள் தொடர்ந்து ஏற்கப்படுகின்றன.