Government Schemes

PM Svanidhi Scheme

Coronavirus is the most affected by the corona, and by day workers. Now gradually the industries have started again. But there are so many street vendors who are in charge of family management right from their business.

The government is offering 10 thousand rupees:
If you are unable to do street side businesses due to lack of capital, this news may help you. 10,000 / – without any guarantee under the ‘Prime Minister Swanidhi Scheme’. Can borrow up to. Go to the nearest bank and get a loan of Rs

Project highlights:
Under this, it is necessary to link the mobile number of the borrower with Aadhaar.
This loan is only available to those who are working on or before March 24, 2020.

  • This loan planning period is only up to March 2022. So it will have to complete its process soon.
  • Urban or semi-urban, rural areas street vendors can avail this loan.
    -The subsidy is available on the interest of this loan and the amount is transferred to the account on a quarterly basis. Free loans without guarantee:
    Under this scheme, the street vendors are paid Rs 10,000 a year. Can borrow up to. This means that under this scheme, there is no guarantee of any kind to take out a loan. The loan received can be paid in monthly installments.

How much subsidy is available?
If the sellers regularly repay the loans received under the PM Swanidhi Yojana, they will be given a subsidy on interest of 7 per cent per annum. The interest subsidy amount is sent directly to the beneficiary’s bank account on a quarterly basis. If the loan is paid on time, the subsidy will be credited to your account only.

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