PM SVANidhi
  • 21.1 MB

    File Size

  • Android 4.4+

    Android OS

About PM SVANidhi

PM SVANidhi - A Special Micro-Credit Facility for Street Vendors

PM SVANidhi – Official Mobile Application provides end-to-end solution to facilitate Lending Institutions – Banks/ NBFCs/ MFIs etc. to process loan applications of beneficiaries through their field agents.

MoHUA has, on June 01, 2020, launched ‘PM Street Vendor’s AtmaNirbhar Nidhi (PM-SVANidhi)’, to facilitate collateral free Working Capital loan up to ₹10,000, of 1 year tenure, to approximately 50 lakh Street Vendors, to resume their businesses. Incentives in form of interest subsidy (@7% per annum) and cash-back (up to ₹100 per month) are being provided to promote good repayment behavior and digital transactions. Scheme entails enhanced next tranche of loan on early or timely repayment.

Besides banks, for the first time NBFCs and MFIs have been included as Lending Institutions (LIs) for maximizing Scheme’s reach. A Graded Guarantee Cover is being provided through CGTMSE to these LIs, on portfolio basis, to encourage lending. The duration of the scheme is till March 2022.

More details of Scheme may be accessed at https://pmsvanidhi.mohua.gov.in/Home/Schemes

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What's new in the latest 1.0.10

Last updated on 2022-06-11
Small updated in the first term loan (10,000) flow.
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Videos and Screenshots

  • PM SVANidhi poster
  • PM SVANidhi screenshot 1
  • PM SVANidhi screenshot 2

PM SVANidhi APK Information

Latest Version
1.0.10
Category
Business
Android OS
Android 4.4+
File Size
21.1 MB
Available on
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Old Versions of PM SVANidhi

PM SVANidhi 1.0.10

21.1 MBJun 11, 2022
Download

PM SVANidhi 1.0.9

21.1 MBMay 30, 2022
Download

PM SVANidhi 1.0.8

21.1 MBDec 10, 2021
Download

PM SVANidhi 1.0.7

21.1 MBOct 16, 2021
Download
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