PM SVANidhi Credit Card
The PM SVANidhi Scheme has played a vital role in uplifting street vendors (SVs) by extending micro-credit assistance that supports their livelihoods and business growth. Under the current term loan (TL) model, vendors repay through fixed monthly instalments over a defined period, which has enabled many to strengthen their operations. As businesses evolve, street vendors often encounter new opportunities and requirements. To further empower them, a Credit Card facility is bein introduced for PM SVANidhi beneficiaries. This initiative will provide vendors with on-demand access to credit, offering greater flexibility to meet day-to-day expenses and adapt to changing business needs. By complementing the existing loan structure, the Credit Card ensures that vendors can continue to grow with confidence and agility.
Most Important Terms & Conditions
Frequently Asked Questions (FAQ)
