SBI e Mudra PM Svanidhi Loan, the business of street vendors was almost over during the pandemic. And to help such people, the Pradhan Mantri Street Vendors Self-Reliant Fund Scheme or PM SVANidhi Yojana (PM Svanidhyojana) was launched. The government is running this scheme especially for street vendors. Under this scheme, the government is giving loans without any guarantee to start employment.
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The Pradhan Mantri Street Vendors Atma Nirbhar Nidhi Scheme was launched on July 2, 2020, to help street vendors financially. You can apply for a loan with the necessary documents.
Can get loan up to 50 thousand rupees in SBI e Mudra PM Svanidhi Loan
Under the PM Svanidhi Loan Scheme, you can get a loan of up to Rs 50,000. First of all, under this scheme, anyone will get a loan of Rs 10,000, which can be taken for the second time after repayment. The special thing is that the government also gives subsidy on this scheme.
Who will get the benefit of the scheme ( SBI e Mudra PM Svanidhi Loan )?
The benefit of this scheme is for barber shop, cobbler, panwari, washerman, vegetable vendor, fruit seller, ready-to-eat street food, tea shop or khokha, bread dumpling or egg seller, hawker, stationery vendor. You can take advantage of the scheme.
Guarantee free loan – SBI e Mudra PM Svanidhi Loan
Under this scheme, street vendors can get a collateral-free loan of up to Rs 10,000 for one year. This means that you will not have to give any kind of guarantee to take a loan. Apart from this, you can also pay the loan in monthly installments.
Official link to apply for SBI e Mudra PM Svanidhi Loan
For more information about this loan, you can visit this link https://pmsvanidhi.mohua.gov.in/.