Key facts
What the official sources publish
Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.
Facility typeWorking-capital term loan for street vendors.View source
PNB states: Working Capital Term Loan to support street vendors.
- Source
- PNB SVANidhi Loan Scheme — live terms page
- Page / section
- Purpose / Type of Facility
- Accessed
- 7 Oct 2026
- Confidence
- high
PurposeWorking capital to support street vendors and their vending activity.View source
PNB describes the facility as working-capital term finance to support street vendors; PIB identifies the scheme as affordable working capital.
- Source
- PNB SVANidhi Loan Scheme — live terms page
- Page / section
- Purpose / Type of Facility; PIB 1–2
- Accessed
- 7 Oct 2026
- Confidence
- high
EligibilityStreet vendors vending in various city-regions; minimum age 18 years. Government FAQ defines a vendor as a person selling goods or offering services to the public from a street, footpath, pavement or similar temporary/
PNB states city-region street vendors aged at least 18; PIB describes vendor work and accepts valid LoR or CoV to apply.
- Source
- PNB SVANidhi page and PIB
- Page / section
- PNB Eligibility; PIB 5, 7 and 9
- Accessed
- 7 Oct 2026
- Confidence
- high
Maximum finance by tranche1st tranche: up to ₹15,000; 2nd tranche: up to ₹25,000; 3rd tranche: up to ₹50,000.View source
PNB publishes up to ₹15,000/₹25,000/ ₹50,000 for tranches 1/ 2/ 3; PIB confirms the restructured scheme's three progressive amounts.
- Source
- PNB SVANidhi Loan Scheme — live terms page
- Page / section
- Loan Amount & Tenure
- Accessed
- 7 Oct 2026
- Confidence
- high
Tenure by tranche1st tranche: 12 months; 2nd tranche: 18 months; 3rd tranche: 36 months.View source
The page states tenure of 12, 18 and 36 months for the respective tranches.
- Source
- PNB SVANidhi Loan Scheme — live terms page
- Page / section
- Loan Amount & Tenure
- Accessed
- 7 Oct 2026
- Confidence
- high
Starting interest ratePNB's PM SVANidhi page, last updated 17 January 2026, quotes a starting rate of 10.25% p.a. linked to RLLR. PNB's RLLR is now 8.35% effective 8 October 2026, but the scheme page does not publish a spread; 10.25% is retained as the last published quote, not recalculated or confirmed as repriced.Effective 17 Jan 2026View source
The product page gives the exact 10.25% starting quote. The updated bank-wide benchmark is shown separately; no scheme spread is inferred.
- Source
- PNB SVANidhi Loan Scheme — live terms page
- Page / section
- Rate of Interest; page last updated 17 January 2026; current PNB table effective 8 October 2026
- Accessed
- 8 Oct 2026
- Confidence
- high
Current RLLR benchmarkRLLR 8.35% effective 8 October 2026. PNB's PM SVANidhi page does not state a product-specific spread.Effective 8 Oct 2026View source
The bank-wide is separate from SVANidhi's starting rate; no product spread or revised all-in rate is published on the reviewed scheme page.
- Source
- PNB Interest Rates on Advances — current and benchmarks
- Page / section
- table, revised effective 8 October 2026; SVANidhi scheme page rate section
- Accessed
- 8 Oct 2026
- Confidence
- high
MarginNil; no margin requirement.View source
The page prints 'Nill' under Margin and separately says no margin requirement.
- Source
- PNB SVANidhi Loan Scheme — live terms page
- Page / section
- Margin; Key Features
- Accessed
- 7 Oct 2026
- Confidence
- high
CollateralNo collateral.View source
PNB states 'No Collateral'; the PIB also describes the scheme loans as collateral-free.
- Source
- PNB SVANidhi Loan Scheme — live terms page
- Page / section
- Key Features
- Accessed
- 7 Oct 2026
- Confidence
- high
Processing and documentation feeNo processing fee or documentation charge on PNB's published PM SVANidhi page.View source
PNB explicitly says no processing fees/documentation charges; this does not establish that a possible statutory stamp duty is zero.
- Source
- PNB SVANidhi Loan Scheme — live terms page
- Page / section
- Key Features
- Accessed
- 7 Oct 2026
- Confidence
- high
Interest subsidy7% p.a. for timely or early repayment under the PM SVANidhi scheme.View source
The states the scheme provides a 7 percent per annum interest subsidy for timely and early repayment.
- Source
- SVANidhi: Advancing Financial Inclusion for Street Vendors —
- Page / section
- 7
- Accessed
- 7 Oct 2026
- Confidence
- high
Next-tranche eligibilityTimely or early repayment of a tranche makes the vendor eligible for the next working-capital tranche with an enhanced limit.View source
PNB states timely or early repayment of a tranche qualifies the vendor for the next enhanced tranche.
- Source
- PNB SVANidhi Loan Scheme — live terms page
- Page / section
- Loan Amount & Tenure; repayment progression
- Accessed
- 7 Oct 2026
- Confidence
- high
Digital transaction cashbackInward/
PNB publishes the retail and wholesale caps/qualifiers; the Government states total scheme cashback up to ₹1,600.
- Source
- PNB SVANidhi page and PIB
- Page / section
- PNB Incentive for Digital Transaction; PIB 12
- Accessed
- 7 Oct 2026
- Confidence
- high
Lending periodThe Government FAQ states PM SVANidhi lending has been extended until March 2030.View source
The says the lending period has been extended until March 2030.
- Source
- SVANidhi: Advancing Financial Inclusion for Street Vendors —
- Page / section
- 4
- Accessed
- 7 Oct 2026
- Confidence
- high
Portal stamping instructionPNB's portal page preview instructs applicants to keep at least ₹10 in the savings account for stamping charges; it does not state the stamp-duty amount or a product-specific stamping tariff.View source
The indexed official page says to maintain minimum balance of Rs.10 for stamping charges; no amount charged is stated.
- Source
- PNB e- SVANidhi online application portal
- Page / section
- Portal notice above PMS/Aadhaar fields; direct text extraction returned no lines
- Accessed
- 7 Oct 2026
- Confidence
- medium
Maximum amountMaximum loan caps rise by tranche: up to ₹15,000, ₹25,000 and ₹50,000; corresponding PNB tenures are 12, 18 and 36 months.View source
The manually reviewed product summary states: “Maximum loan caps rise by tranche: up to ₹15,000, ₹25,000 and ₹50,000; corresponding PNB tenures are 12, 18 and 36 months.”.
- Source
- PNB SVANidhi Loan Scheme — official product page
- Page / section
- Published loan terms in product summary
- Accessed
- 7 Oct 2026
- Confidence
- high
Geographic limitsStreet vendors vending in various city-regions; minimum age 18 years. Government FAQ defines a vendor as a person selling goods or offering services to the public from a street, footpath, pavement or similar temporary/
The manually reviewed product record states: “Street vendors vending in various city-regions; minimum age 18 years. Government defines a vendor as a person selling goods or offering services to the public from a street, footpath, pavement or similar temporary/mobile location. A valid LoR or CoV is an application route; timely/ early repayment qualifies for the next enhanced tranche.”.
- Source
- PNB SVANidhi Loan Scheme — official product page
- Page / section
- Published product metadata
- Accessed
- 7 Oct 2026
- Confidence
- high
Benefits and features
- Maximum loan caps rise by tranche: up to ₹15,000, ₹25,000 and ₹50,000; corresponding PNB tenures are 12, 18 and 36 months.
- No collateral, no margin, and no processing or documentation fee on the PNB scheme page.
- Eligible timely/
early repayments can qualify the vendor for the next enhanced tranche; the Government also states a 7% p.a. interest subsidy for timely/ early repayment. - Digital cashback is available on eligible inward/outward transactions and qualifying wholesale purchases, subject to separate caps and conditions.
Eligibility
- PNB's product page describes street vendors vending in various city-regions and sets a minimum age of 18 years.
- The Government says a street vendor with a valid Letter of Recommendation (LoR) or Certificate of Vending (CoV) can apply through the scheme portal, mobile app or Urban Local Body assistance; it describes vendors of goods or public-facing services in streets/footpaths and similar places.
- PNB assesses the requested limit within the scheme cap for each tranche; timely or early repayment qualifies the vendor for the next enhanced tranche.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- A valid LoR or CoV is an application route stated in the Government ; PNB's reviewed product page does not publish an exhaustive bank-specific document checklist.
Related official documents
PM SVANidhi: Advancing Financial Inclusion for Street Vendors — FAQofficial-government-scheme-faq · current-government-faq-reviewed · accessed 7 Oct 2026
↗PM SVANidhi FAQ — May 2026 PDFofficial-government-scheme-faq-pdf · full-text-layer-reviewed-visual-and-hash-pending · accessed 7 Oct 2026
↗PNB Interest Rates on Advances — current agriculture and specific-scheme ratesofficial-rate-table · current · accessed 7 Oct 2026
↗PNB Interest Rates on Advances — current MCLR and RLLR benchmarksofficial-bank-rate-page · reused-current-benchmark-reviewed-2026-10-08 · accessed 8 Oct 2026
↗PNB e-PM SVANidhi — legacy pre-restructuring scheme sheetofficial-historical-scheme-pdf · historical-superseded-text-layer-reviewed-visual-and-hash-pending · accessed 7 Oct 2026
↗PNB PM SVANidhi product-image discoveryofficial-product-image-discovery · not-found-after-official-image-review · accessed 7 Oct 2026
↗PNB PM SVANidhi Loan Scheme — live terms pageofficial-product-page · current-live-page-reviewed · accessed 7 Oct 2026
↗PNB e-PM SVANidhi online application portalofficial-application-portal · partial-dynamic-page-review · accessed 7 Oct 2026
↗PNB List of Digital Lending Apps — e-PM SVANidhi and Digi Dairy KCC entriesofficial-digital-lending-catalogue · current-catalogue-entry-reviewed · accessed 7 Oct 2026
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