PM Svanidhi Yojana 2024: PM Svanidhi Scheme is an excellent scheme run by the central government. In which interest-free loans ranging from Rs.10,000/- to Rs.50,000/- are given to small traders, rickshaw pullers and cyclists & people living below the poverty line. By applying for PM Svanidhi Loan Scheme, you too can avail this scheme. All information related to this plan is provided step by step through this Blogposts. With the help of which you can also apply for this scheme. PM Svanidhi Scheme 2024 is an excellent scheme run by the central government. In which interest-free loans ranging from Rs.10,000 to Rs.50,000 are given to small traders, rickshaw pullers and cyclists and people living below the poverty line. By applying for PM Svanidhi Loan Yojana, you too can avail this scheme. All Details related to this plan is provided step by step through this Blogposts. With the help of which you can also apply for this scheme.
PM Svanidhi Yojana 2024 Highlights
- Full Name of the Yojana :- PM Street Vendors Self-Reliance Fund Yojana (PM Swanidhi Yojana)
- Beneficiaries :- Small traders, rickshaw pullers and cycle rickshaw pullers & below poverty line people.
- Purpose :- To get employment opportunity
- Time Limit :- 1 year
- Official Portal :- https://www.pmsvanidhi.mohua.gov.in/
Who can benefit from Pradhan Mantri Swanidhi Yojana?
- No guarantee is required for one year on the loan availed under this Yojana.
- The maximum amount under this scheme is only 20 thousand rupees, but if you repay this loan on time, this loan amount increases.
- Apart from this, if you avail this Yojana, the interest charged on this loan is also subsidized.
- If you repay this loan early, there is no penalty on it, which makes this scheme different from other schemes.
- Transparency is also visible under this Yojana.
- Giving capital i.e. loan to any working person
How much loan will be available under PM Swanidhi Yojana?
- Loans up to rupees.50 thousand will be available in this Yojana
- A loan of up to Rs 10,000/- is given to a citizen for a period of one year without any guarantee. On timely repayment of this loan, the second installment of the loan of Rs 20,000 and the third installment of the loan of Rs 50,000/- will be facilitated. Along with this, interest subsidy at the rate of 7 percent per annum will be provided. This amount will be up to 400 rupees. At the same time, the customer will get a cashback of up to Rs 1200/- per year. Let us tell you that on everydigital transaction, the cashback ranges from Rs 1 to Rs 100 PM . This means you will get Rs 1200 cashback in a year.
Documents required for Pradhan Mantri Swanidhi Yojana
- Candidate Identity Card and Aadhaar Card.
- Details about the work that the applicant does.
- PEN card
- It is Required to have a savings account in the bank.
- sources of income etc.
Period for repaying the loan
Let us tell you that in this special Yojana launched by the Modi government, street vendors get enough time to repay their loans. Once you take the loan, you can repay it in 12 months ie 1 year. You can repay this loan in monthly installments if you wish. For this you need to have Aadhar card.
Pradhan Mantri Swanidhi Yojana Eligibility
- You will be eligible for this program only if you are an Indian citizen.
- The government has set a budget of Rs.5,000 crore for PM Swanidhi Scheme.
- So far 16,67,120 applicants have completed and submitted the Online Form for this program.
- The following persons are eligible for this program: Fruit and vegetable vendors, fruit vendors, barbers, cobblers, laundry facilities etc.
- The beneficiaries of this Yojana should be needy & destitute, poor people can apply for this scheme.
How to Apply for PM Swanidhi Yojana
- To apply for PM Swanidhi Scheme 2024 you must visit the official website.
- When you visit this page you must be signed in to use it.
- Once you check Herein to the website, the home page will appear. Which you will get information related to this Yojana.
- Then you need to click Here on this link. You will know more about this plan when it opens.
- You must read all these materials carefully in due time before filling the form.
- As soon as you finish reading everything. Then the option to open the Online form will appear. Open the form by clicking on it.
- Remember that you must fill it correctly. A fill-in is required for the Details requested.
- Once you are done entering all the data. You will be given the option to attach a document. Scan them, then send them.
- You will then be presented with an option to submit the form. It can be clicked to submit the form.
Important Links
| Official Website | View |
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