PM Svanidhi part-1

  • Objective
    To provide affordable credit to street vendors who have been adversely affected due to the Covid-19 lockdown to resume their livelihood.
  • eligibility
    All street vendors engaged in vending in urban areas on or before March 24, 2020.
  • nature of facility
    term loan
  • maximum financial assistance
    Maximum Rs. 10,000/-
  • margin
  • Rate of interest
    Attractive interest rate based on RBLR.
  • loan term
    12 months