PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi)


  • PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) by Ministry of Housing & Urban Affairs (MoHUA)


  • Provide handholding support to street vendors
  • Facilitate working capital collateral-free loans of ₹10,000, with subsequent loans of ₹20,000 and ₹50,000 with a 7% interest subsidy
  • Increase digital transactions among street vendors
  • Formalize street vendors and open up new opportunities for them to move up the economic ladder


  • Financial assistance of up to Rs. 10,000 with low-interest rate of 7%
  • No collateral or processing fee required to apply for the loan
  • Loan can be used for any purpose related to street vending business
  • Provides financial stability, encourages entrepreneurship, and creates employment opportunities
  • Loan repayment period is one year
  • A cashback of up to ₹100 per month is given to incentivize the adoption of digital transactions
  • Implemented at the national level and accessible to street vendors across the country
  • Aimed at providing financial assistance to street vendors affected by the COVID-19 pandemic


  • Street vendors in possession of Certificate of Vending/Identity Card issued by Urban Local Bodies (ULBs)
  • Vendors identified in the survey but not issued Certificate of Vending/Identity Card
  • Street vendors left out of the ULB-led identification survey but issued a Letter of Recommendation (LoR) by the ULB/Town Vending Committee (TVC)
  • Vendors of surrounding development/peri-urban/rural areas vending in the geographical limits of the ULBs but issued a Letter of Recommendation (LoR) by the ULB/TVC.

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