PM SVANidhi Loan

PM SVANidhi Loan

Quick disbursal Inclusive loan
Helping street vendors gain a firm financial footing

  • Exclusive loan to provide working capital for street vendors

  • Quicker loan approval and disbursement for Bandhan Bank Savings Account holders

  • Loan amount – Up to ₹10,000 (in first cycle)

  • Loan tenure – Up to 1 year (in first cycle)

**Obtaining insurance offered by the bank is non-mandatory for availing any EEB loan product.

Current Interest Rate: 22.45%

Processing Fee- Nil

 

Click here for Mean Interest Rate.

 

ULB identified Street Vendors

 

  • Letter of Recommendation/ Certificate of Vending/ Vending License
  • Identity proof
  • Residence address proof
  • Passport size photograph