PM Swanidhi Yojana: From time to time, the government keeps bringing various types of schemes for the common people so that people can get benefits from it. If you also want to start a business and need money, then this news can be useful for you. Today we are going to tell you about one such scheme, under this scheme you can take a loan. Let us tell you that its name is PM Swanidhi Yojana. Let us know about this scheme in detail.
What is PM Swanidhi Yojana?
PM Street Vendors Atmanirbhar Nidhi (PM SVANidhi) scheme was launched by the government in June 2020 to provide unconditional loans to street vendors. Under this scheme, street vendors can take guarantee-free loans at low interest rates for one year. In this, the government gives loan up to Rs 50,000 without any guarantee. With the help of this loan you can easily start your business. It is noteworthy that in this the government gives loans ranging from Rs 10,000 to Rs 50,000. In this scheme, a loan of Rs 10,000 is available for the first time, Rs 20,000 for the second time and Rs 50,000 for the third time.
Benefits of PM Swanidhi Yojana
●Loan can be taken for any new business.
●If the applicant repays the loan before time, he gets subsidy on interest and does not have to pay any kind of penalty.
●This scheme is being used to encourage small businesses so that the lifestyle of street vendors can change.
●Under this scheme, Rs 10000 and maximum Rs 50000 are given in the first installment.
Documents required for application
●Aadhaar Card
●PAN card
●Bank account
●Income proof
●Residence certificate
How to apply
If you can also take advantage of this scheme. You can apply for this scheme in any bank nearest to you. You will have to enter all the information asked in that application form correctly and submit it along with all the documents. After this all your documents will be checked, if everything is found correct then your loan will be approved and within some time the loan amount will be transferred to your account.
Source: www.dnpindiahindi.in
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