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SVANidhi Scheme - Street Vendor Atmanirbhar Nidhi

Apply online for Svanidhi Loan under the Pradhan Mantri Street Vendor Atmanirbhar Nidhi Scheme. Start your application process today with Bank of Baroda & empower your business.

Facility amountTranche 1 ₹5,000–₹15,000; tranche 2 ₹15,000–₹25,000; tranche 3 ₹30,000–₹50,000.Interest rateBRLLR + Strategic Premium, stated as 8.40% p.a. at present with monthly rests.Customer typeStreet vendors in notified States/UTs and eligible city-regions, supported by a Certificate of Vending, identity card or Letter of Recommendation from the relevant local authority.
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SVANidhi Scheme - Street Vendor Atmanirbhar Nidhi

0 of 6 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: in census towns and peri-urban areas, LoR from the Block Development Office?

Published source: Required documents

2Do you meet this requirement: The page says verification and LoR issuance should be completed within 15 days of application?

Published source: Required documents

3Document checkDo you have this required document or proof: Certificate of Vending?

Published source: Required documents

4Document checkDo you have this required document or proof: identity card?

Published source: Required documents

5Document checkDo you have at least one of these required documents: Letter of Recommendation from Town Vending Committee or Urban Local Body?

Published source: Required documents

6Document checkDo you have this required document or proof: Letter of Recommendation from Block Development Office for census/peri-urban areas?

Published source: Required documents
0 of 6 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byBank of Baroda

India; eligibility, branch and channel availability follow the official product terms

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Customer typeStreet vendors in notified States/UTs and eligible city-regions, supported by a Certificate of Vending, identity card or Letter of Recommendation from the relevant local authority.View source
The official eligibility section describes notified States/UTs, city-regions and CoV//LoR routes.
Source
SVANidhi Scheme - Street Vendor Atmanirbhar Nidhi
Page / section
Eligibility
Accessed
22 Aug 2026
Confidence
high
Open official source ↗
Facility amountTranche 1 ₹5,000–₹15,000; tranche 2 ₹15,000–₹25,000; tranche 3 ₹30,000–₹50,000.View source
The official tranche table publishes minimum and maximum loan amounts for all three tranches.
Source
SVANidhi Scheme - Street Vendor Atmanirbhar Nidhi
Page / section
Loan Amount
Accessed
22 Aug 2026
Confidence
high
Open official source ↗
Interest rateBRLLR + Strategic Premium, stated as 8.40% p.a. at present with monthly rests.View source
The official rate section states + and the current 8.40% p.a. figure.
Source
SVANidhi Scheme - Street Vendor Atmanirbhar Nidhi
Page / section
Rate of Interest
Accessed
22 Aug 2026
Confidence
high
Open official source ↗
Collateral / marginUnsecured; only a Demand Promissory Note and undertaking are required. Guaranteed by CGTMSE with no guarantee fee; margin is nil.View source
The official sections state nil margin, unsecured lending, DPN/undertaking and guarantee.
Source
SVANidhi Scheme - Street Vendor Atmanirbhar Nidhi
Page / section
Margin / Security
Accessed
22 Aug 2026
Confidence
high
Open official source ↗
Fees / incentiveProcessing and guarantee fee nil; digital-transaction cashback up to ₹1,200 per tranche and interest subsidy is offered as an incentive for repayment.View source
The official page states nil processing/guarantee fees and cashback up to ₹1,200 per tranche.
Source
SVANidhi Scheme - Street Vendor Atmanirbhar Nidhi
Page / section
Miscellaneous / Purpose
Accessed
22 Aug 2026
Confidence
high
Open official source ↗
Geographic limitsThe scheme extends to States and Union Territories that have notified rules under the Street Vendors (Protection of Livelihood and Regulation of Street Vending) Act, 2014, and to census towns and peri-urban city-regions in a graded manner. No narrower Bank of Baroda branch restriction is published.View source
The official page states the notified State/UT and city-region coverage.
Source
SVANidhi Scheme - Street Vendor Atmanirbhar Nidhi
Page / section
Eligibility; Complete page reviewed
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Repayment tenureTranche 1 up to 12 months; tranche 2 up to 24 months; tranche 3 up to 36 months, beginning one month after disbursementView source
The official page publishes each tranche’s maximum tenure and repayment start.
Source
SVANidhi Scheme - Street Vendor Atmanirbhar Nidhi
Page / section
Repayment schedule
Accessed
22 Aug 2026
Confidence
high
Open official source ↗
Required documentsCertificate of Vending, identity card or Letter of Recommendation (LoR) issued by the Town Vending Committee/Urban Local Body in statutory towns; in census towns and peri-urban areas, LoR from the Block Development Office. The page says verification and LoR issuance should be completed within 15 days of application.View source
The official eligibility section identifies the local-authority documents and the 15-day verification target.
Source
SVANidhi Scheme - Street Vendor Atmanirbhar Nidhi
Page / section
Eligibility
Accessed
30 Aug 2026
Confidence
high
Open official source ↗

Documents the bank lists

  • Certificate of Vending
  • identity card
  • Letter of Recommendation from Town Vending Committee or Urban Local Body
  • Letter of Recommendation from Block Development Office for census/peri-urban areas

Related official documents

PM SVANidhi Scheme — official product pageofficial-product-page · current · accessed 30 Aug 2026
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One monthly payment₹21,538twenty-one thousand five hundred thirty-eight rupees
Interest paid over the full loan₹26,69,027twenty-six lakh sixty-nine thousand twenty-seven rupees
Everything you repay₹51,69,027fifty-one lakh sixty-nine thousand twenty-seven rupees

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Eligibility · Published detailStreet vendors in notified States/UTs and eligible census/peri-urban city-regions; CoV//LoR from the appropriate local authority

This value is copied from SVANidhi Scheme — complete published terms. Check the table notes before relying on it.

Source: SVANidhi Scheme - Street Vendor Atmanirbhar Nidhi · Eligibility; Facility Type; Loan Amount; Margin; Miscellaneous; Purpose; Rate; Security; Tenor and Repayment Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 12 rows · 2 columnsPM SVANidhi Scheme — complete published termsStructured capture of the official street-vendor working-capital page.View tableHide table

Scroll sideways to view every column

PM SVANidhi Scheme — complete published terms
TermPublished detail
EligibilityStreet vendors in notified States/UTs and eligible census/peri-urban city-regions; CoV//LoR from the appropriate local authority
FacilityFund-based Working Capital Term Loan
Tranches1st: ₹5,000–₹15,000; 2nd: ₹15,000–₹25,000; 3rd: ₹30,000–₹50,000
MarginNil
Processing/guarantee feeNil
Credit scoreNot applicable; denial only for an existing or written-off loan at any lending institution
PurposeRestart, sustain and grow street-vendor businesses; interest subsidy and digital cashback up to ₹1,200 per tranche
Rate + , 8.40% p.a. at present, monthly rests
SecurityUnsecured; DPN and undertaking only; guarantee with no guarantee fee
Tenor1st tranche up to 12 months; 2nd up to 24 months; 3rd up to 36 months, from one month after disbursement
DocumentsCoV, identity card or local-authority/Block Development Office LoR; verification target 15 days
TurnoverNo numeric turnover or business-vintage threshold published
  • SV means street vendor; means non-performing asset; DPN means Demand Promissory Note; means Baroda Repo Linked Lending Rate; means Strategic Premium.
SVANidhi Scheme - Street Vendor Atmanirbhar Nidhi · Eligibility; Facility Type; Loan Amount; Margin; Miscellaneous; Purpose; Rate; Security; Tenor and Repayment · accessed 30 Aug 2026Open official source ↗

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