Modi government is giving business loan without ‘guarantee’, know the details and eligibility of this scheme
PM Swanidhi Yojana: The Modi government at the Center keeps on coming up with many schemes for the people of the poor economic class of the country. One of them is the name of the scheme Pradhan Mantri Svanidhi Yojana. Under this scheme, the government gives loans up to Rs 10,000 to street vendors without any guarantee. The street vendors have suffered a lot due to the lockdown after the Corona Pandemic started. In such a situation, the government has started PM Svanidhi Yojana to help these people. Through this scheme, street vendors can easily start their business by taking loan without guarantee.
Government gives subsidy on loan
Let us tell you that the government gives subsidy on the loan received under the Prime Minister’s Svanidhi Yojana. Through this scheme, the government gives a chance to the people to start their work again. After taking this loan, you get 1 year to repay that loan. Once the loan amount is paid back, you can take the loan again. Again you get a loan of up to Rs 20,000 and in the third time you can get a loan of up to Rs 50,000.
Eligibility of PM Svanidhi Yojana-
Let us tell you that when this scheme was started, the deadline of this scheme was kept till March 2022, which has been later extended till December 2024. To take advantage of this scheme, you can apply as a street vendor. If you run your business, then in such a situation you will easily get a business loan.
So many people got the benefit of the scheme-
According to the data released by the government, about 32 lakh people have got the benefit of this scheme till 25 April 2022 under the PM Svanidhi Scheme. In such a situation, the government has transferred Rs 2,931 crore to the account of street vendors.
Process of application for Svanidhi scheme-
Click on pmsvanidhi.mohua.org.in to apply for the scheme.
Apart from this, you can also apply for this scheme by visiting the Common Service Center.
Along with this, you can also apply for the scheme by visiting any government bank.
To take advantage of this scheme, you must have a bank account and aadhar linked mobile number.
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