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+{{htmlmetatags>metatag-keywords=(PM SVANidhi, street vendor loan, svanidhi 50000, svanidhi apply 2026, vendor id, pmsvanidhi.mohua.gov.in)
+metatag-description=(PM SVANidhi 2026 — ₹10k → ₹20k → ₹50k progressive loans for street vendors. 7% interest subsidy. No collateral. Eligibility, vendor ID, apply, RTI escalation.)}}
+====== PM SVANidhi Yojana 2026 — Street Vendor Loan ₹10k → ₹50k ======
+**Direct answer.** PM SVANidhi gives **progressive working-capital loans to street vendors** — ₹10,000 (1st), ₹20,000 (2nd, after on-time repayment), ₹50,000 (3rd, after second on-time). **7% interest subsidy** (effective rate near zero). **No collateral**. **Cashback ₹100/month** for digital transactions. Apply at any bank, NBFC, MFI or directly at https://pmsvanidhi.mohua.gov.in. **42 lakh+ loans disbursed**.
+===== Quick Answer =====
+  * Loans: **₹10k → ₹20k → ₹50k** progressive.
+  * **7% interest subsidy** = effective ~₹0 cost if repaid on time.
+  * **Cashback ₹100/month** for ≥ 50 digital transactions.
+  * **Vendor ID** issued by Urban Local Body (ULB) — mandatory.
+  * **Helpline**: **1800-11-1979** (toll-free).
+  * **Stuck?** [[https://righttoinformation.wiki/tools/ai-rti-draft-app.html|🪄 RTI in 60 sec]].
+===== Who is eligible =====
+  * **Street vendor** with **valid vendor ID** issued by ULB (Municipal Corporation / Council / Nagar Panchayat).
+  * **OR** vendor identified in **survey conducted by ULB** (interim if formal ID not yet issued).
+  * **Aadhaar mobile-linked + bank account**.
+  * **Indian resident**, age 18+.
+==== If you don't have vendor ID ====
+Visit your ULB → vendor survey desk → register → ID issued in 7–30 days.
+===== Documents =====
+  - **Aadhaar** (mobile-linked)
+  - **Vendor ID / Certificate of Vending** from ULB
+  - **Bank account** (Aadhaar-seeded)
+  - **Photograph**
+  - **Self-declaration** of business
+===== How to apply =====
+  - Online: https://pmsvanidhi.mohua.gov.in → "**Apply for Loan**".
+  - **Aadhaar OTP** verification.
+  - Fill: vendor ID, ULB, type of vending, monthly income.
+  - Pick lender (any PSU bank, NBFC, MFI, SHG bank).
+  - Submit → application routed to lender.
+  - **Sanction in 7–10 days** for new vendors.
+  - **Disbursal to your bank** within 7 days of sanction.
+==== Repayment ====
+  * **12 months** for ₹10k.
+  * **18 months** for ₹20k.
+  * **36 months** for ₹50k.
+  * Monthly EMI auto-debited from your bank.
+===== 7% interest subsidy explained =====
+  * Bank's nominal rate: ~9–14%.
+  * **Govt subvention 7%** credited quarterly to your loan account (reduces principal).
+  * **Effective rate to you**: 2–7% depending on bank.
+  * Subvention only applies if **repaid on time**. Default = full rate.
+===== Cashback ₹100/month =====
+  * Make **at least 50 digital transactions/month** (UPI / RuPay) for vending business.
+  * **₹100 cashback** credited to your loan account next month.
+  * **Up to ₹1,200/year** total cashback per vendor.
+===== Common mistakes =====
+  * **No vendor ID** — apply at ULB first; SVANidhi without vendor ID = rejection.
+  * **Aadhaar–bank not seeded** — disbursal silent failure.
+  * **Multiple SVANidhi loans across lenders** — one at a time only. System de-dupes.
+  * **Not using digital transactions** — miss the ₹100/month cashback (can total ₹3,600 over 3 years).
+  * **Default on first ₹10k** — blocks ₹20k upgrade. Pay on time always.
+===== FAQ =====
+==== I don't have a vendor ID. Can I still apply? ====
+**Apply for vendor ID at ULB first.** During COVID times, ULBs accepted **survey-based interim certificates**; check your ULB if this is still active.
+==== Why is my SVANidhi rejected? ====
+Common reasons: (a) vendor ID expired or wrong ULB, (b) Aadhaar–bank mismatch, (c) existing loan default, (d) wrong vending zone declared. File [[https://righttoinformation.wiki/tools/ai-rti-draft-app.html|RTI to ULB / lender]] for grounds.
+==== Can my wife (also a street vendor) apply separately? ====
+**Yes** — each vendor with separate vendor ID gets own SVANidhi.
+==== Bank rejected ₹50k upgrade despite on-time repayment. Why? ====
+Banks have **discretion on ₹50k tranche**. Try another lender. Or file RTI for written rejection grounds.
+==== I missed 2 EMIs. Can I still get ₹20k upgrade? ====
+**No** — 2 missed EMIs flag default. Pay outstanding + 6 months on-time before upgrade.
+==== Cashback ₹100 — how is "50 digital transactions" counted? ====
+**Any UPI / RuPay debit card / QR-code** transaction received OR paid via your registered SVANidhi-linked QR/UPI counts. NPCI tracks via your VPA.
+==== Can I close SVANidhi early? ====
+**Yes** — pay outstanding principal + accrued interest. **No prepayment penalty**.
+===== You may also be eligible for =====
+  * **[[:pm-mudra-yojana|PM Mudra]]** — ₹50k–20 lakh business loans
+  * **[[:pm-jan-dhan-yojana|Jan Dhan]]** — bank account first
+  * **[[:e-shram-card|e-Shram]]** — universal worker card
+  * **[[:atal-pension-yojana|Atal Pension Yojana]]** — pension after 60
+  * **[[:financial-support-schemes-india|💰 All financial schemes]]**
+===== Sources =====
+  * [[https://pmsvanidhi.mohua.gov.in|PM SVANidhi official]]
+  * [[https://www.mohua.gov.in|MoHUA — Ministry of Housing & Urban Affairs]]
+  * Helpline: **1800-11-1979**
+{REVIEWED}
+//Last reviewed: 3 May 2026.//
+===== Visual / Infographic prompts =====
+  * **Infographic concept:** Progressive ladder: ₹10k → ₹20k → ₹50k tranches based on on-time repayment. Plus 7% interest subsidy and ₹100/month cashback for digital transactions.
+==== SVG icon prompts (use any AI image gen) ====
+  - Minimal icon of a street vendor with a hand-cart and rupee notes.
+  - Three increasing coin stacks labelled '₹10k / ₹20k / ₹50k'.
+  - Smartphone with QR code and ₹100 cashback callout.
+==== Feature image prompt ====
+//Realistic photo of a chai-wallah with a UPI QR code on his stall, smiling, natural Indian street setting, mid-morning light.//
+{{tag>pm-svanidhi street-vendor financial-schemes 2026}}