PM SVANidhi Loan Status Check 2026: Street Vendor Working-Capital Loan

Reviewed on: 2026-06-19.

PM SVANidhi provides collateral-free working capital loans to urban street vendors in three escalating tranches. Knowing exactly where your application stands, whether it is waiting at the Urban Local Body (ULB) level, at the lender, or already disbursed, saves time and prevents unnecessary trips to the bank. This guide covers every step: from checking your survey status, to reading your loan dashboard, to knowing what to do when something looks wrong.

Before you can apply for a PM SVANidhi loan, your name must appear in the street vendor survey carried out by the Urban Local Body. If you are not sure whether you were covered, do this first.

1. Open pmsvanidhi.mohua.gov.in on your mobile or computer.
2. Click Scheme Instructions in the top menu, then Vendor Survey List, or look for the “Check your Survey Status” button on the homepage.
3. Select your State and then your ULB from the dropdown menus.
4. Enter any one identifier: your Vendor ID Card number, Certificate of Vending number, name, father's or spouse's name, or mobile number.
5. Click Search.

The result shows whether your name is in the list and gives you a Survey Reference Number (SRN). Save the SRN. If your name is missing, you can request a Letter of Recommendation (LoR) through the portal.

PM SVANidhi offers working capital loans in three sequential tranches as per the official Scheme Guidelines on the portal.

Each tranche is collateral-free. You become eligible for the next tranche only after timely or early repayment of the current one. No prepayment penalty applies if you clear the loan before the due date.

An interest subsidy of 7% per annum is credited directly into your bank account every quarter (30 June, 30 September, 31 December, 31 March). The subsidy applies only to standard (non-NPA) accounts. A UPI-linked RuPay Credit Card is available for vendors who have repaid their 2nd tranche, with an initial credit limit of Rs 10,000 extendable to Rs 30,000 over five years.

Once you or a Banking Correspondent has submitted your LoR-cum-loan application through the PM SVANidhi portal or mobile app, you can track it at every stage.

1. Go to pmsvanidhi.mohua.gov.in.
2. Click Login and select Applicant.
3. Enter your registered mobile number, solve the captcha, and click Request OTP.
4. Enter the OTP received on your mobile.
5. Your dashboard opens. Look for the Application Status section.

The dashboard shows a stage-by-stage status:

1. Submitted - your application is received, waiting for ULB verification.
2. LoR Issued / Verified - ULB has approved your LoR and forwarded it to the lender.
3. Under Processing at Lender - bank or NBFC is reviewing your application.
4. Sanctioned - loan amount approved by the lender.
5. Disbursed - loan credited to your bank account.
6. Returned by Bank - lender has sent the application back (reason should be visible; contact ULB or lender immediately).

If your application has been stuck at the ULB stage for more than 15 days, the scheme guidelines provide that LoR issuance must be completed within 15 days of submission. This is the first escalation trigger.

After disbursement, your dashboard also shows EMI schedule, account standard (NPA) status, and whether you have become eligible for the next tranche. Keep your UPI ID active; the quarterly interest subsidy is credited to the same linked account. If the subsidy has not arrived for a completed quarter, raise a grievance through the portal.

Vendors with MUDRA loans through the same lender can cross-check both accounts on the lender's app.

The PM SVANidhi Mobile App (Android) replicates the portal's status functions. Login is the same: mobile number and OTP. Tap My Application to see the current stage. The app also allows 2nd and 3rd tranche loan applications without a branch visit, provided your repayment is updated in the system.

Status stuck on “Submitted” for more than 15 days

The ULB has not verified the LoR. Visit the ULB office with your SRN. Scheme guidelines require LoR issuance within 15 days of application. Cite this directly.

Status shows “Returned by Bank”

Log in to see the stated reason. Common causes: Aadhaar or account detail mismatch, or an existing NPA. Correct the issue and resubmit, or ask your Banking Correspondent for help.

Loan shown as disbursed but money not in account

Allow 2-3 working days. Check that the bank account number in your application is correct. Contact your bank branch with the disbursement date visible on the portal, and raise a grievance if unresolved.

Interest subsidy not credited for a completed quarter

Subsidy arrives 4-6 weeks after quarter-end once the lender files a claim. If it has been more than two months and your account is standard, raise a grievance on the portal. Technical queries: email [email protected] (confirmed on the portal's Contact page).

Name not found in survey list

You can still apply via an LoR-cum-Loan application at the ULB office, Block Development Office, or a Common Service Centre. Bring any proof of vending: a past loan document, vendors' association membership, or lockdown assistance receipt.

Your mobile number must be linked to your Aadhaar for OTP login to work. To update your mobile number, use the dedicated link on the portal's homepage. If your OTP is not arriving, check your Aadhaar mobile linking status on the UIDAI portal first.

The lending period for PM SVANidhi has been extended to 31 March 2030. Interest subsidy and cashback incentives will continue until 31 March 2033. The scheme covers all States and UTs that have notified rules under the Street Vendors Act, 2014, and is now extended to Census Towns and peri-urban areas.

Vendors who want to explore larger business financing may check MUDRA loan status or Udyam Registration for micro-enterprise recognition. Those also registered under PM Vishwakarma or e-Shram benefit from faster ULB identity verification.

File an RTI to: the Urban Local Body (ULB) concerned, under the Ministry of Housing and Urban Affairs (MoHUA).

Use the RTI Act, 2005, Section 6(1) to ask:

• What is the current application or loan status against Survey Reference Number [SRN] or Application ID [ID], and at which stage is it pending?
• On what date was the Letter of Recommendation verified and forwarded to the lender, and who is the designated official responsible?
• How many loan applications submitted to this ULB in the current financial year were returned by lending institutions, and what are the stated reasons?
• What is the interest subsidy amount credited to account number [account] under PM SVANidhi, and for which quarters has it been credited?
• What is the grievance redressal mechanism for applicants whose loan applications have been pending beyond 15 days at the ULB stage?

→ Use our free AI RTI Drafter to generate a complete Section 6(1) application.

The maximum loan under the third tranche is Rs 50,000. The three tranches are Rs 15,000 (1st, 12 months), Rs 25,000 (2nd, 18 months), and Rs 50,000 (3rd, 36 months) as per the updated Scheme Guidelines on the portal. Tranches must be taken in sequence, with timely repayment of the previous one.

Yes. Vendors without a Certificate of Vending or Identity Card can submit an LoR-cum-Loan application through the portal, at the ULB office, at a Block Development Office, or at a Common Service Centre. The ULB must issue the LoR within 15 days of receiving the application. Your Aadhaar and any proof of vending activity will be required.

The subsidy is not deducted upfront. You repay the full EMIs to the lender. The lender then files a quarterly claim with the government, and the subsidy amount is credited directly into your savings account linked to the loan, typically within 4-6 weeks after the quarter ends. Your account must be standard (not NPA) on the claim date for the subsidy to apply.

Log in to the portal to see the stated reason. You can correct the issue and resubmit. A low credit score alone cannot be a reason for rejection under the scheme guidelines. The lender can decline only if you have an existing NPA or written-off account with any lending institution.

Once the repayment is updated in the PMS Portal system by your lender, your dashboard will show 2nd tranche eligibility. You can then apply directly on the portal or through the PM SVANidhi Mobile App. You do not need to visit the bank branch if your Aadhaar-linked mobile number and UPI ID are current.

No official toll-free number is confirmed on the portal as of this review. For technical queries, email [email protected]. For credit guarantee queries, contact the CGTMSE helpdesk at the mobile number listed on the portal's Contact page. For scheme-related complaints, raise a grievance directly on the portal after logging in.

No. The logged-in dashboard shows only your own application and loan details. The public-facing survey search (without login) only confirms whether a name appears in the ULB survey list, not any loan amount or disbursement detail.

Having a PM SVANidhi loan active does not automatically disqualify you from other loans. Lenders consider your total repayment obligations. An NPA on any PM SVANidhi account can affect eligibility across scheme loans. Repay on time to maintain a clean credit record.

• PM SVANidhi Official Portal: https://pmsvanidhi.mohua.gov.in (accessed 2026-06-19)
• PM SVANidhi Scheme Guidelines PDF (on portal, MiscFiles/Scheme+Guidelines.pdf): https://pmsvanidhi.mohua.gov.in/Default/ViewFile/?id=Scheme+Guidelines.pdf&path=MiscFiles
• PM SVANidhi Loan Operational Guidelines PDF (on portal): https://pmsvanidhi.mohua.gov.in/Default/ViewFile/?id=Loan+Operations+Guidelines.pdf&path=MiscFiles
• PM SVANidhi FAQ PDF (on portal): https://pmsvanidhi.mohua.gov.in/Default/ViewFile/?id=FAQEng.pdf&path=MiscFiles
• Ministry of Housing and Urban Affairs (MoHUA): https://mohua.gov.in

By Dr. Shrawan Kumar Pathak