Benefits of PM SVANidhi Scheme: 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 it? What is the way to apply to avail this scheme? Along with this, we will also tell you what benefits you will get under this scheme? So let's know about it…
What is the Prime Minister's Swanidhi Scheme?
The central government launched the PM Swanidhi Yojana on 1 June 2020. Its objective was to make street vendors who lost their jobs during the Corona period self-reliant by providing them financial assistance. This scheme is a major initiative for the street food vendors of India. With the Pradhan Mantri Swanidhi Yojana, you can start your own street food business and become self-reliant.
Benefits of PM Swanidhi Scheme
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 cashback of up to ₹1200 every year if you make digital payments.
Easy EMIs: Loan EMIs can be repaid at a low interest rate of 7%.
Easy Application: Applying for a loan is easy and you need to submit minimum 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, then he can take a loan under the Pradhan Mantri Swanidhi Yojana to expand his business. At the same time, those 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, 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 will have to keep Aadhaar 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.