How to apply for PMSVANidhi Scheme?

-

The Ministry of Housing & Urban Affairs initiated the AtmaNirbhar Nidhi (PM SVANidhi) PM Street Vendor scheme on June 01, 2020. In a bid to make this arrangement more available, the Central Government recently unveiled the mobile application of the PM SVANidhi Scheme on July 17, 2020. Over a million street vendors across India will embrace and make payments digitally starting from New Year, having come in track for the ‘Main Bhi Digital (me too digital)’ initiative developed for them by the Centre. This system is intended to help intrepid and hard-working street vendors take their business up by notches with the financial loan.

Key benefits of PM Street Vendor’s AtmaNirbhar Nidhi (PMSVANidhi) scheme

  • Street vendors can obtain up to Rs 10,000 in a form of working capital loan
  • Regular repayment is facilitated
  • Digital Payments are compensated

Cashback benefits for making digital transactions under PMSVANidhi Scheme

  • Interest rebate @ 7% per annum on the loan’s regular reimbursement
  • Cashback up to INR1200/- per annum on digital transactions approved by the business.

Lesser known facts of PM Street Vendor’s AtmaNirbhar Nidhi (PMSVANidhi) scheme

  • On or before 24 March 2020, all street vendors are active in transactions in urban areas. The arrangement is also accessible in pre-urban and rural areas for street vendors.
  • Beneficiaries can be determined by the Urban Local Bodies (ULBs) or Town Vending Committees (TVCs). Street vendors must carry the vending/identification certificate provided by ULBs.
  • Under the AtmaNirbhar Nidhi (PMSVANidhi) scheme of Prime Minister Street Vendor, the Repo Linked Lending Rate (RLLR) + 1.45 percent + BSS (0.50) is applicable, i.e. the effective rate at current situation is 7.05 + 1.45 + 0.50 = 9.00 percent.
  • Tenure of the loan is 1 year
  • Loan of the supported goods/assets funded under the scheme.

Steps to apply for PM Street Vendor’s AtmaNirbhar Nidhi (PMSVANidhi) scheme

 



Comments

Post a Comment

Popular posts from this blog

Petrol Diesel Price: New rates of petrol diesel released, know your city prices

-
Image
Petrol Diesel Price: In February, the price of petrol diesel was increased by 16 days. In February, petrol in Delhi has become expensive by Rs 4.74 and diesel by Rs 4.52. New Delhi. There is a boom in the price of crude oil in the international market. Brent closed above $ 64 a barrel on Friday. Here the common man is relieved by the price of petrol diesel in the country. Oil in the domestic marketing companies (Oil marketing companies (OMCs) have not increased prices today continued the 21st day of petrol and diesel. The first arrived on 27 February, the price of petrol (Petrol Diesel Price) historical levels. Countries Petrol is Rs 91.17 per liter and diesel is Rs 81.47 per liter in the capital of Delhi. These prices are at an all-time high. The common man is currently relieved at the time of elections to the Legislative Assembly in 5 states of the country. February Petrol becomes expensive by Rs 5 In the month of February, the price of petrol diesel was increased for 16 da
Read more

Gold still cheaper today, there is great opportunity to earn in falling prices

-
Image
Experts say that in the next 6-12 months, gold can go up to 56500 or even above. There will be a rise in the price again, so this is a golden opportunity for investment. Seeds of continuous upward trend in US bond yields are showing pressure on the price of gold on the last day of the week. Gold is currently trading at the level of 46200. At 10.30 am, gold for April delivery fell by Rs 19 to trade at Rs 46222 per ten gram level. Similarly, June delivery gold was trading down by Rs 24 to trade at Rs 46371. In the international market, there is pressure on the price of gold. At this time, gold for April delivery was trading at $ 1,765.75 per ounce with a decline of $ 9.65 (-0.54%). Talking about silver, the silver for March delivery was trading at $ 27.28 per ounce with a drop of -0.35 (-1.27%) in the international market. There is 28.34 grams in one ounce. Silver for March delivery was currently trading at Rs. 7,722 per kg, down by Rs. 55722 per kg and Rs. 602 by May delivery on MCX.
Read more

Gold Price 30 March, 2021: Gold prices fall by Rs 12927 in full, know there will be strong profit or loss on investment

-
Image
Gold prices have decreased by Rs 12,927 per 10 grams so far from the highest level of 7 August 2020. At the same time, silver has fallen by Rs 13,564 per kg (Silver Price). Experts say that according to the data of previous years, the price of gold is also going to increase in 2021. Let us know what will be the trend in gold prices this year and what will be the return on investment? New Delhi. Not only in India, in the midst of the economic challenges that arose in the Corona crisis, people all over the world relied heavily on investment in gold. As a result, gold prices reached a record level in August 2020 on the back of tremendous buying by investors. Gold delivered huge profits to investors during 2020. Gold prices reached the highest level of Rs 57,008 per 10 grams on 7 August 2020 in Delhi Sarafa Bazar. At the same time, silver prices also reached the highest level on this day. After this, as good news about the Corona vaccine came, the price of gold and silver started falli
Read more