Under this scheme, loans are being provided to the businessmen without guarantee to start new employment. This government scheme can also prove to be very beneficial for street vendors and those who run their employment on street tracks.
New Delhi. If you are looking to take a loan to start a small business, then the government is running a very low plan for you. The central government is running a scheme to help the people running small businesses in the country.
Under this scheme, loans are being provided to the businessmen without guarantee to start new employment. This government scheme can also prove to be very beneficial for street vendors and those who run their employment on street tracks. The name of this government scheme is PM Svanidhi Scheme.
What is PM Swanidhi Scheme
Under the PM Swanidhi scheme, a loan of up to 10 thousand is given to those who start their work on the street tracks without guarantee. This scheme has been specially started for those street vendors, whose business has stopped during the corona epidemic.
Subsidy on loan
The most important thing about PM Svanidhi Yojana is that, in this scheme, the benefit of subsidy is also given by the government to repay the loan. If you repay a loan of up to 10 thousand in one go, then after that you can apply for a loan of 20 thousand and then up to 50 thousand.
These documents are required for application
To get the benefit of PM Swanidhi Scheme, it is necessary for the applicant to have Aadhar card. Once the application is approved, the loan amount is transferred within three months.
Can apply like this
You can apply for PM Swanidhi Yojana through your nearest bank branch. You can apply for this scheme by visiting your nearest bank branch. It is necessary to attach a photocopy of your Aadhar card with the form..
