You will get a loan of 10 thousand rupees easily in this government scheme, take advantage of it soon
Newz Fast, New Delhi: Under this scheme, roadside carts, road, track, khomcha, gumti can take a loan of up to 10 thousand rupees in the form of micro credit loan or micro credit facility.
The government is currently bringing many schemes for the common man. One such scheme is the Pradhan Mantri Swanidhi Yojana, in which a loan of up to 10,000 rupees will be given to street, track or cart operators.
What is PM Swanidhi Yojana?
The name of this scheme is Street Vendors Atmanirbhar Nidhi (PMSVANidhi). Under this scheme, the roadside carts, rehdi, patri, khomcha, gumti can take a loan of up to 10 thousand rupees in the form of micro credit loan or micro credit facility.
There will be no need for any kind of guarantee to take this loan.
This loan will be given to you for 1 year. There is also provision of subsidy in this loan. If you repay the loan early, you get an interest rate subsidy of 7 percent per annum.
At the same time, if you want to repay the loan digitally, then you can also get a cashback of Rs 1200 per year.
To take a loan, you have to keep these things in mind:
Your mobile number must be linked.
This loan will be available to those people who were engaged in such work on or before 24 March 2020.
Street vendors whether urban or semi-urban, rural, can get this loan.
You will get a subsidy on the interest of this loan, which is directly transferred to the borrower's account on a quarterly basis.
How to apply?
To know about this scheme, you can understand the loan process by visiting https://pmmodiyojana.in/svanidhi-yojana/ or pmsvanidhi.mohua.gov.in.