PM SVANidhi Scheme: Step by Step Guide for Street Vendors to Apply Online

This guide provides a strictly factual, step-by-step walkthrough for Indian street vendors (Thela, Rehri, Patri walas) to apply for the PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) scheme. This scheme provides collateral-free working capital loans to help restart businesses.

Who Needs This Service? (Eligibility)

You are eligible if you are a street vendor engaged in vending in urban areas, peri-urban areas, or rural areas surrounding towns.

Category A: Vendors with an Identity Card (ID) or Certificate of Vending (CoV) issued by the Urban Local Body (ULB).
Category B: Vendors identified in the ULB survey but who have not yet received an ID card/CoV.
Category C: Vendors left out of the survey or who started vending after the survey (requires a Letter of Recommendation – LoR from the ULB/Town Vending Committee).
Category D: Vendors from surrounding development/peri-urban/rural areas vending in the geographical limits of the ULBs (requires LoR).

Latest Government Update (2025-26): The lending period has been extended to March 31, 2030.

1st Loan: Up to ₹10,000 (Recent updates allow up to ₹15,000 in specific cases).
2nd Loan: Up to ₹20,000 (Enhanced to ₹25,000 on timely repayment of 1st loan).
3rd Loan: Up to ₹50,000 (On timely repayment of 2nd loan).

Required Documents

Keep these ready before opening the portal. The process is completely digital.

Aadhaar Card (Mandatory).
Mobile Number linked to Aadhaar (Strictly required for OTP verification).
Voter ID Card (Optional, but helpful).
Bank Account Passbook (Must be an active savings account).
Certificate of Vending (CoV) / ID Card OR Letter of Recommendation (LoR).
Passport Size Photo (If applying offline).

Important: If your mobile number is not linked to Aadhaar, you must visit a nearby Aadhaar Seva Kendra to link it first. You cannot apply online without this.

Online Application Process (Step-by-Step)

This process is free. Do not pay any agent for the application form.

1. Visit the Official Portal Go to the official government website: [suspicious link removed]

2. Check Your Eligibility

On the homepage, locate the section “Apply for Loan”.
Enter your Mobile Number and click “Request OTP”.
Enter the OTP received on your mobile.

3. Application Form & KYC

Aadhaar Verification: Enter your Aadhaar number. Click “Verify”. You will receive an OTP on the mobile linked to your Aadhaar.
Vendor Category Selection: The system will ask which category you belong to (A, B, C, or D as listed above).
- If you have a Vending ID/Certificate: Select Category A.
- If you do not have an ID: Select Category C or D. You will first need to apply for a Letter of Recommendation (LoR) through the same portal before applying for the loan.

4. Fill the Form (Common Application Form)

Personal Details: Name, Date of Birth, Spouse Name, Social Category (SC/ST/OBC/General).
Vending Activity: Location of vending (Fixed/Mobile), type of goods sold (Fruits/Vegetables/Fast Food/Clothes, etc.).
Family Details: Number of family members.
Bank Details: Enter your Account Number and IFSC Code correctly. Double-check this; incorrect bank details cause 90% of delays.

5. Upload Documents

Upload scanned copies/photos of your CoV/LoR and Bank Passbook if requested.
(Note: Since e-KYC is done via Aadhaar, physical document upload is often minimal).

6. Select Preferred Lender

You will see a list of banks in your area (SBI, Bank of Baroda, PNB, etc.).
Pro Tip: Select the bank where you already have a savings account. This speeds up approval.

7. Submit Application

Review all details.
Click “Submit”.
Save the Application Number (e.g., SVANxxxxxxxx) that appears on the screen. Take a screenshot.

Offline Process (If you cannot apply online)

If you are not comfortable with computers, use these official support channels:

Common Service Centres (CSC): Visit your nearest CSC (Jan Seva Kendra). They are authorized to fill the form for a nominal fee.
Municipal Office: Visit your local ULB (Urban Local Body) or Nagar Nigam office. They often have a “Town Vending Committee” desk to help with the Letter of Recommendation (LoR).
Bank Branch: Go to a public sector bank branch with your Aadhaar and Passbook. Ask for the “PM SVANidhi Application Form”.

How to Check Application Status

Do not wait blindly. Track your application weekly.

Go to: [suspicious link removed]
Click: “Know Your Application Status” (usually on the main menu or footer).
Enter: Your Application ID (e.g., SVAN...) and Mobile Number.
View Status:
- Submitted to Marketplace: Application sent to banks.
- Picked up by Lender: A bank is reviewing it.
- Sanctioned: Loan approved.
- Disbursed: Money sent to your account.
- Returned: Bank needs more info (See “Common Problems” below).

Common Problems & Solutions

1. Error: “Mobile Number Not Linked to Aadhaar”

Solution: You cannot bypass this. Visit an Aadhaar center immediately to update your mobile number. It takes 24-48 hours to update.

2. Status: “Application Returned by Lender”

Reason: Usually incorrect bank account details, vague address, or the bank couldn’t verify your vending spot.
Solution: Login to the portal, click “Edit Application”, correct the details mentioned in the remarks, and re-submit to the same or a different bank.

3. “I don’t have a Vending Certificate/ID”

Solution: Apply under Category C or D on the portal. You will first fill a form to request a Letter of Recommendation (LoR). The local Municipal Corporation (ULB) will verify your vending spot physically or digitally and issue the LoR. Once LoR is issued (takes 15-30 days), you can apply for the loan.

4. Low CIBIL Score Rejection

Fact: As per government rules, CIBIL score is NOT required for the PM SVANidhi loan.
Solution: If a bank manager rejects you citing CIBIL, show them the official PM SVANidhi FAQs or complain on the scheme’s toll-free number.

5. Loan Sanctioned but Money Not Received

Solution: Visit the bank branch physically with your Sanction Letter (downloaded from the portal). You may need to sign a simple agreement (stamping) before they release the money.

Incentives & Benefits (Why Apply?)

Interest Subsidy: You get a 7% subsidy on interest if you pay EMIs on time. (Effectively making the loan very cheap).
Cashback: If you use a QR code (PhonePe/Paytm/Bhim) for your shop, you get up to ₹100 per month (₹1200/year) cashback from the Govt.
Digital Score: Paying the 1st loan on time automatically qualifies you for the 2nd loan (₹20,000/₹25,000) and 3rd loan (₹50,000).

Official Helplines

Use these numbers for complaints or status updates.

National Toll-Free Number: 1800 11 1979
Landline (Ministry of Housing & Urban Affairs): 011-23062850
Email Support: pmsvanidhi-mohua@gov.in

This information is from official sources (MoHUA & PM SVANidhi Portal) as of January 2026. Rules regarding loan limits and subsidies are subject to periodic government notifications. Always verify on the official portal.

Would you like me to explain how to generate the specific “Letter of Recommendation (LoR)” if you don’t have a vending ID card?