Government scheme · Street vendors
PM SVANidhi
PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) gives street vendors affordable working-capital loans so they can restart and grow their business.
Visit official websiteWho can apply
- Street vendors in urban areas with a certificate of vending or identity card from the urban local body
- Vendors identified in surveys, or with a letter of recommendation from the urban local body or town vending committee
Key features
- Collateral-free working-capital loans in tranches
- A larger loan in the next tranche when you repay on time
- Interest subsidy on timely or early repayment
- Cashback on digital transactions
How to apply
- Apply on the PM SVANidhi portal, at a Common Service Centre, or through your urban local body
- Keep your vending certificate or ID, Aadhaar and bank details ready
Need money sooner?
Check your pre-approved Bachatt Insta Loan offer — up to ₹5 lakh from RBI-regulated partner banks and NBFCs, with no paperwork.
Frequently asked questions
Do I need collateral for a PM SVANidhi loan?+
No. PM SVANidhi loans are collateral-free.
More government loan schemes
See all government loan schemesThis page is for information only. Bachatt is not affiliated with this scheme; the scheme name belongs to the Government of India and its agencies. Limits, rates and eligibility change from time to time — always check the official website before you apply.