Street vendor working at a stall under Pradhan Mantri SVANidhi Yojana.

Pradhan Mantri Swanidhi Yojana – ₹10,000 Business Loan

What is Pradhan Mantri Swanidhi Yojana?

Pradhan Mantri Swanidhi Yojana (PM SVANidhi) is a government scheme that provides ₹10,000 business loan to small street vendors, hawkers, and daily income earners.
The loan helps them restart or grow their business easily with low EMI and simple repayment rules.

This scheme is specially created for people whose livelihood depends on small shops or street vending. The loan is collateral-free, so no security or guarantee is needed.

Benefits of PM Swanidhi Yojana

  • ✔ ₹10,000 loan for small business / street vending

  • ✔ Loan is collateral-free — no guarantee required

  • ✔ Low interest rate compared to regular loans

  • ✔ Repay the loan in easy monthly EMI

  • ✔ Get 7% interest subsidy on regular repayment

  • ✔ Increase your loan amount in next cycle (₹20,000 to ₹50,000)

  • ✔ Helps vendors restart business after financial difficulty

  • ✔ Completely government-backed scheme

Who Can Apply (Eligibility)?

You can apply for PM Swanidhi Yojana if:

 ✔ You are a street vendor / hawker / small shop owner

✔ You sell goods on footpath, roadside, weekly market, or small stall

✔ You are 18 years or above

✔ You have a valid mobile number

✔ You are working as a vendor before the COVID-19 lockdown

✔ You have vendor ID card / certificate of vending (if available)

Even if you don’t have vending ID, you can still apply through local verification.

Documents Required

(Only simple documents needed)

  • Aadhaar Card

  • Mobile Number (linked with Aadhaar preferred)

  • Voter ID / Ration Card (any one)

  • Passport Size Photo

  • Bank Passbook / Bank Account Details

  • Vendor Certificate / Local verification (if available)

How to Apply – Through Udyog Aadhaar Services (Easy & Fast Process)

Applying online can be confusing for many street vendors.
That’s why Udyog Aadhaar Services helps you apply quickly and correctly.

⭐ Why Apply Through Udyog Aadhaar Services?

  • ✔ We check your eligibility

  • ✔ We guide you with all required documents

  • ✔ We fill your complete application form correctly

  • ✔ We submit your form in the official portal

  • ✔ We help you get your loan approved faster

  • ✔ 100% support until you get the loan amount

  • ✔ Easy, smooth and trustworthy process