The PM SVANidhi Yojana was introduced to provide financial support to street vendors who are residing in India. Street vendors can receive up to ₹10,000 in financial assistance to help them relaunch and grow their businesses. The government of India has also launched various portals for the beneficiaries of this scheme. The beneficiaries of the scheme can visit the official website to log in to their accounts on the SVANidhi portal. The PM SVANIDHI Login is available to everyone who is a beneficiary of the scheme. Keep reading this article for more information about the PM SVANidhi Login option. All the important information about this portal will be given here.
What is PM SVANidhi Yojana?
The PM SVANidhi Yojana was introduced to assist India’s street vendors, who rely on sales of goods to make ends meet. Through this program, street vendors receive modest financial assistance to help them grow their businesses. The Indian PM introduced this program in 2020 to help the hardworking and impoverished street vendors. The program aims to legalize them as street vendors and open new avenues for their economic development. Street vendors not only play a vital role in the economy but also improve society by offering reasonably priced goods.
Also Read: PM SVANidhi Yojana
Type of Login Under PM SVANidhi
These are the types of Login facilities for the beneficiaries
- Applicant login
- Lender Login
- DPA Ministry
- States
- ULB’s City
- Nodal Officer
- Socio-Economic Profiling
- IEC Material
Key Highlights of PM SVANidhi Login
| Name of the scheme | PM SVANidhi Yojana Login |
| Launched by | PM of india |
| Objective | To provide Login facility |
| Application mode | Online |
| Official website | PM Svanidhi Portal |
Required Documents
- Aadhaar card.
- Voter Identity card.
- Driving license.
- MGNREGA card.
- PAN card.
Benefits of PM SVANidhi Scheme
- Street vendors can receive up to ₹10,000 in financial assistance to help them relaunch and grow their businesses.
- Street vendors will find it easier to repay the loan because of the low 7% interest rate.
- Because there is no collateral needed to apply for the loan, street vendors can access it more easily.
- Street vendors can apply for the scheme at no cost because there is no processing fee.
- Any purpose about the street vending business, including purchasing equipment, paying rent, or buying raw materials, may be covered by the loan amount.
- The program gives street vendors financial security and fosters their independence.
- With a one-year loan repayment period, street vendors have plenty of time to pay back the loan.
- The program promotes business ownership and helps create job opportunities.
Also Read: PM Svanidhi Loan Apply Online
Type of Loans Under PM SVANidhi
- 1st Loan Cycle Amount: Up to ₹ 10,000; Maximum Loan period: 12 months.
- 2nd Loan Cycle Amount: Up to ₹ 20,000; Maximum Loan period: 18 months.
- 3rd Loan Cycle Amount: Up to ₹ 50,000; Maximum Loan period: 36 months
How to PM SVANidhi Login Online
To Login to the PM SVANidhi Login follow these steps;
- First, visit the official Svanidhi website
- Then on the dashboard click on Login
- Then select the type of Login you want to do
- Click on that option
- Fill in the required details and enter the otp
- Then click on submit and get your account Logged in.
Detail Mentioned Under PM SVANidhi Applicant Login Dashboard
- Scheme instruction
- Login
- Knowledge
- Contact details
- Features
Contact Details
- For any query you may call toll free number 1800 11 1979 between 9.30 AM to 6.00 PM
FAQS
Launched on June 1, 2020, the Ministry of Housing and Urban Affairs introduced PM SVANidhi Yojana to assist street vendors with small amounts of financial assistance
Street vendors can receive up to ₹10,000 in financial assistance to help them relaunch and grow their businesses
The beneficiaries of the scheme can visit the official website for logging in to their accounts on SVANidhi portal.