PM SVANidhi Scheme Benefits: If a person is doing business on the footpath for at least 2 years, he can take a loan under the Pradhan Mantri SVANidhi Yojana to expand his business.
PM SVANidhi Scheme Benefits: If you want to start a street food business then this news is for you. Pradhan Mantri Svanidhi Yojana (PM SVANidhi Yojana 2024) can help you fulfill your dreams. This scheme has been started by the Government of India, which aims to help street vendors become self-reliant. Here we will tell you what is Pradhan Mantri Svanidhi Yojana? Who can apply for this? What is the way to apply to avail this scheme? At the same time, we will also tell you what benefits you will get under this scheme? So let’s know about it…
What is Pradhan Mantri Svanidhi Yojana?
PM Svanidhi Yojana was started by the Central Government on 1 June 2020. Its purpose was to provide financial assistance to the street vendors who lost their jobs during the Corona period to make them self-reliant. This scheme is a big initiative for the street food vendors of India. With Pradhan Mantri Svanidhi Yojana, you can start your street food business and become self-reliant.
Benefits of PM SVANidhi Yojana
Loan up to ₹10,000: You can get an unsecured loan of up to ₹10,000 for 1 year to start or expand your street food business.
Interest subsidy: If you repay the loan on time, you will get an interest subsidy of up to 7%.
Cashback: You will also get a cashback of up to ₹1200 every year on making digital payments.
Easy installments: Loan installments can be repaid at a low interest rate of 7 percent.
Easy application: Applying for a loan is easy and you need to submit minimal documents.
Who can apply?
Only Indian citizens can avail the benefits of this scheme. Along with this, if a person is doing business on the footpath for at least 2 years, he can take a loan under the Pradhan Mantri Svanidhi Yojana to expand his business. At the same time, people who want to start their new street food business will also get the benefit of this scheme.
How to apply for Svanidhi Yojana? (PM Svanidhi Yojana Online Apply)
If you want to take advantage of this scheme, then apply today. For this you can contact your nearest bank or microfinance institution. Apart from this, you can also apply online by visiting the official website of the scheme https://pmsvanidhi.mohua.gov.in/. For this you have to keep Aadhar card, PAN card, voter ID, proof of business and passport size photo ready as documents.
For more information related to this scheme, you can take help of Pradhan Mantri Swanidhi Yojana website https://pmsvanidhi.mohua.gov.in or toll-free number 1800-208-3736.
