PM Svanidhi Yojana Detail 2022
The Pradhan Mantri Street Vendor’s AtmaNirbhar Nidhi (PM-SVANidhi) Scheme is an initiative by the Ministry of Housing and Urban Affairs (MoHUA) Government of India to support street vendors in view of the COVID-19 pandemic. Under the scheme, eligible street vendors will be provided a working capital loan of up to Rs. 10,000 which they can use for restarting their livelihoods. The scheme will also provide health insurance cover of up to Rs. 2 lakh per family and an accidental insurance cover of Rs. 10 lakh per family.
The Pradhan Mantri Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi) scheme is a special micro-credit facility for street vendors with a working capital of up to Rs. 10,000. The scheme was announced by the Finance Minister on June 1 2020 as part of the economic package to mitigate the hardships faced by the street vendors due to the COVID-19 pandemic. The scheme will provide an interest subsidy of 7% for a period of one year on loans availed by eligible street vendors.
PM Svanidhi Yojana 7% Subsidy
The scheme also provides a 7% subsidy on the interest rate for loans taken under the scheme. This subsidy is available for loans up to Rs 10000. The aim of the scheme is to provide affordable and eco-friendly transportation options to poor men in rural and urban areas.
The Pradhan Mantri SVANidhi Yojana is a scheme launched by the government of India to provide easy access to working capital for street vendors. The scheme offers a subsidy of 7% on the loan amount with a maximum loan of Rs. 10,000. The scheme was launched in June 2020 and is currently operational in all states and union territories except for Jammu & Kashmir.
PM Svanidhi Yojana Benefites
Pradhan Mantri Swanidhi Yojana is a scheme launched by the Government of India to provide financial assistance to street vendors to help them restart their businesses after the lockdown. Under this scheme, working capital loan up to Rs. 10,000. This scheme will benefit about 50 lakh street vendors across the country.
PM Svanidhi Yojana Loan Process
Prime Minister Street Vendor's Atma Nirbhar Nidhi (PM Swanidhi) scheme was announced by the Finance Minister on 13 May 2020 as a part of the Atmanirbhar Bharat Abhiyan package. The objective of the scheme is to provide affordable working capital loans up to Rs. 10,000 to street vendors so that they can resume their livelihood activities and support themselves and their families. About 50 lakh registered street vendors across the country will benefit from this scheme. Under this scheme, loans will be provided through Micro Finance Institutions (MFIs) and Non-Banking Financial Companies (NBFCs). The government has also set up a dedicated portal - svanidhi.mohua.gov.in for online registration and application for loans under PM Svanidhi Yojana.
PM Svanidhi Yojana Offline Application Process
The Pradhan Mantri Street Vendor’s AtmaNirbhar Nidhi (PM Svanidhi) scheme was launched by the Ministry of Housing and Urban Affairs (MoHUA) on June 1, 2020. The scheme aims to provide working capital loans of up to Rs. 10,000 street vendors registered under the scheme so that they can resume their livelihoods which were adversely affected by the COVID-19 pandemic. The offline process for PM Svanidhi Yojana involves the following steps: 1. Download the PM Svanidhi Yojana application form from the MoHUA website or get it from your nearest urban local body (ULB). 2. Fill in the required details in the application form and submit it along with supporting documents to your nearest ULB. 3. Once your application is approved you will be contacted by a representative of a participating bank/financial institution for disbursal.
PM Svanidhi Yojana Offline Application Process
Applicants need to submit certain documents to avail of PM Swanidhi Yojana benefits which are listed below: 1) Proof of Identity: Any one of Aadhar Card / PAN Card / Driving License / Voter ID Card 2) Proof of Address: In Passport Anyone from Aadhar Card/Ration Card/Voter ID Card/Driving License 3) Photograph 4) Bank passbook or statement showing account details
Pradhan Mantri Swamy Yojana is a scheme launched by the Government of India to provide financial assistance to street vendors in the form of working capital loans. The maximum loan amount that can be availed under this scheme is Rs. 10,000 and the repayment period is 1 year. The scheme also provides an interest subsidy of up to 7% for those who repay their loans on time.
How to Find Pm SVANidhi Yojana Lenders Office List
You will have to go to the official website of Pradhan Mantri Svanidhi Yojana https://pmsvanidhi.mohua.gov.in/ On visiting the website, you will see the Planning apply for loan option on the home page, under which you will have to click on the button of View More Doing. As soon as you click on the View More button, a new page will open in front of you, on which you will get to see the option “Lenders List”. Here you can search Lenders Office.
How to check your survey status street vendor Pm Svanidhi Yojana
Before checking the survey status of your application make sure you have the following information handy:
You can go to the official site and search the vendor survey list option to check your street vendor name.
1. Your application ID or reference number
2. The state in which you have applied for the survey
3. The district in which you have applied for the survey
4. The name of the street on which your vendor stall is located
5. Your date of birth you can check the survey status of your application using any of the following methods:
1. By calling the toll-free number 01123062850 and selecting option 3 (for checking survey status) or
2. By sending an SMS to 01123062850
3. By logging into the official website of Pm Svanidhi Yojana at https://svanidhi-nic-in and clicking on "Check Survey Status" under the "Application Status" section.