PM SVANidhi Loan Yojana 2023: Government is giving loan without guarantee, if the loan is repaid on time, you will get 5 times the money.

PM SVANidhi Loan Yojana 2023: Under the PM SVANidhi Scheme, a loan of up to Rs 10,000 is given to street vendors to start their work! Government is helping to restart the business affected during covid.
The central government is running a scheme to help small business people in the country. Under this PM Swanidhi Scheme (PM SVANidhi Scheme), a loan of up to Rs 10,000 is given without guarantee to start a new job! The government had started this scheme especially for those street vendors. Whose employment was badly affected during the Corona pandemic! The name of this scheme is PM Swanidhi Yojana! The government has extended this scheme till 2024.
Interest Subsidy: PM SVANidhi Loan Yojana 2023
Under the PM Swanidhi scheme, a loan of up to Rs 10,000 is given to street vendors to resume their work. is certain ! That subsidy is given on the interest of the loan. If someone repays the loan taken in the first place! So he is eligible for a loan of Rs 20,000 in the second time and Rs 50,000 in the third time!
Aadhaar card required
To get the benefit of PM Swanidhi Scheme (PM SVANidhi Scheme), the applicant must have an Aadhaar card! There is no need to give any guarantee for this loan. Once the application is approved, the loan amount is transferred within 3 months. It can be repaid in installments every month over a period of one year.
How to apply for loan
To take advantage of PM Swanidhi Scheme (PM SVANidhi Scheme), application can be made in any government bank! Take the form of this scheme in all government banks and fill it! Along with this, you will also have to attach a photocopy of your Aadhaar card. After the application is approved, the first month’s installment will be credited to your account.
How much loan: PM SVANidhi Loan Yojana 2023
To encourage digital payments including cash-back for street vendors, the government has increased the budget of this scheme. The government has expressed hope that this scheme will benefit about 1.2 crore people in urban areas. Under this loan scheme, 31.9 lakh loans have been approved till 25 April 2022! Apart from this, Rs 2,931 crore was issued against 29.6 lakh loans. An amount of Rs 51 crore was given in the form of subsidy interest in PM Swanidhi Scheme (PM SVANidhi Scheme)!