How to Apply for PM SVANidhi — Loans of ₹15,000 to ₹50,000 for Street Vendors

Applications can be submitted online or offline, and both routes end up with the same two sets of reviewers: the concerned Urban Local Body (ULB) and the designated lending institution.

The first job of the review is to confirm that you really are an eligible street vendor. That means checking your identity and validating the status of your vending activity against official documents — a Certificate of Vending or a Letter of Recommendation being the documents the scheme relies on for this.

For the later tranches, eligibility is not the only test. A record of timely repayment of your earlier loan is a key criterion before the next, larger tranche is considered.

Final approval and disbursement sit with the lending institution. They depend on that institution's own due diligence and on your application being fully compliant with the scheme's guidelines.