The central government's PM Street Vendor’s AtmaNirbhar Nidhi, also known as the PM SVANidhi scheme, is a Ministry of Housing and Urban Affairs (MoHUA)- backed micro-credit scheme that aims to provide loan facilities to street vendors.
The PM SVANidhi scheme enables street vendors to take a collateral-free loan of up to ₹ 10,000, as well as loans of ₹ 20,000 and ₹ 50,000, with an interest rate of 7%.
How to apply to PM SVANidhi?
In order to apply ‘Online’ to the PM SVANidhi scheme, the street vendors will have to follow the steps mentioned below —
Step 1: You have to visit the official website of PM SVANidhi and click on the ‘Log In’ option on the home screen.
Website direct link here: https://pmsvanidhi.mohua.gov.in/
Step 2: Enter your mobile number and complete the secu