₹50,000 loan with Aadhaar card, no guarantee needed under PM Svanidhi Yojana Online Apply 2025
The Pradhan Mantri Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi) scheme, launched in 2020, provides collateral-free loans to street vendors to support their businesses. Eligible vendors can access an initial working capital loan of up to ₹10,000. Upon timely repayment, they become eligible for higher loan amounts of ₹20,000 and subsequently up to ₹50,000. Wikipedia Eligibility Criteria: Street Vendors: Individuals engaged in vending prior to March 24, 2020, as identified in surveys conducted by Urban Local Bodies (ULBs). Identification: Possession of a Certificate of Vending or a Letter of Recommendation from the ULB or Town Vending Committee. Application Process: Understand the Loan Application Requirements: Familiarize yourself with the necessary documents and information needed to complete the Loan Application Form (LAF). PM Svanidhi Ensure Mobile Number is Linked to Aadhaar: Your mobile number must be linked to your Aadhaar for e- KYC/Aadhaar validation during the onlin...