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Government Expands PM SVANidhi Scheme Loan Limits Again.

Government Schemes | Dated: 20 Apr 2026

To vastly strengthen urban micro-enterprises, the Ministry of Housing and Urban Affairs officially announced a massive enhancement in the PM SVANidhi scheme. The collateral-free loan limit has been completely expanded to Rs 1 Lakh for street vendors.

🎯 Key Highlights:

  • The scheme originally offered a maximum limit of strictly Rs 50000 in previous tranches.
  • It exclusively targets vendors who completely maintain an excellent repayment history.
  • The scheme heavily promotes absolute financial inclusion through massive digital cashbacks.

💡 Other Important Facts:

  • Scheme: PM SVANidhi.
  • Benefit: Higher Loan.
  • New Limit: Rs 1 Lakh.

📚 Test Your Knowledge:

Under the recent aggressive expansion of the PM SVANidhi scheme, the collateral-free loan limit for street vendors has been enhanced to what specific amount?

Correct Answer: Rs 1 Lakh

🚀 Quick Recap:

About PM SVANidhi

  • Launch Year - 2020
  • Ministry - Ministry of Housing and Urban Affairs