Prime Minister Street Vendors AtmaNirbhar Nidhi (PM SVANidhi)

What it is

Support street vendors with formal working capital, encourage timely repayment and digital adoption, and connect vendor families with wider social-security and capacity-building support.

What you get

• Progressive working-capital loanUp to ₹50,000
• Interest subsidy subject to current rules7%
• Digital transaction cashbackUp to ₹1,600
• UPI-linked RuPay credit card for eligible vendorsUp to ₹30,000

Who it is for

• applicant is engaged in vending goods, food or services in a public street-vending setting
• vendor identification through Certificate of Vending, identity card, survey record, provisional certificate or applicable Letter of Recommendation route
• coverage expansion beyond statutory towns is graded and current local implementation must be verified
• lender and local-body checks still apply

Not eligible if

• a business that cannot establish the applicable street-vending activity or identification route
• an application that treats the scheme ceiling as an assured sanction

How to apply

1. 1
   Confirm current vendor identification route

   Check the Certificate of Vending, identity card, survey/provisional record or current Letter of Recommendation route with the relevant Urban Local Body or official portal.

   Official step
2. 2
   Prepare KYC and application information

   Prepare the current official KYC, vending activity and lender documents. Do not share OTPs with UdyamVeda.

   Official step
3. 3
   Submit through the official channel

   Use the official PM SVANidhi portal or the authorised ULB, Banking Correspondent, MFI agent or participating lender route and track the lender decision.

   Official step

Keep ready