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Pre - Steps Before Apply Loan Under PM SVANidhi Scheme

Pre - Steps Before Submitting Online Application for Loan Under PM SVANidhi Scheme
pm-svanidhi-scheme

If you planning to apply for loan under the scheme, follow 3 steps before starting the online application process:

1. Understand the loan application requirements
Properly understand the information & documents required to fill the Loan application form (LAF) for the Scheme. Keep all the information ready before you start the application process.

2. Make sure your mobile number is linked to your Aadhaar
You are requested to make sure that your mobile phone is linked to your aadhaar number. This will be required for your e KYC/Aadhaar validation during online application process. It will also help you to get letter of Recommendation from ULB (in case required). It will also help you avail future benefits under Government welfare schemes.
It is understood from UIDAI officials that for updating mobile numbers, only a form has to be filled and no additional document is required. A link to UIDAI portal where you can find details of the nearest Aadhaar centre is provided below.

3. Check your eligibility status as per scheme Rules ion to be kept ready
You will fall in one of the following 4 categories of Street vendors. Check your status and the documents/ information which you need to keep ready
   
Category   

Vendor Status
   
Action required by Vendor   
   
A.   
Vendor has been covered in the survey of Urban Local Body
(ULB) and have been issued Certificate of Vending (CoV)
or Identity card (ID Card) by ULB or the Town Vending Committee
   
1. Check your name in the survey list on the portal and note   your Survey reference Number (SRN).
   
2. Keep a copy of your CoV or ID card ready for uploading   during application process   
   
B.   
Vendor has been covered in the survey of Urban Local Body
(ULB) and has not been issued Certificate of Vending or Identity
card by the ULB or the Town Vending Committee
   
1. Check your name in the survey list on the portal and note   your Survey reference Number (SRN).
   
2. A Provisional CoV shall be generated for you by the system   while making online application   
   
C.   
Street vendors, left out of the ULB-led identification survey or
who have started vending after completion of the survey.
2 sub categories will be there :
   
C1 : Vendor has been issued Letter of Recommendation by ULB/   TVC   
   
Keep a copy of LoR ready for uploading   
   
C2 : Vendor has not been issued LoR   
   
Vendor to declare one of the followings:
   i) Vendor has received One Time assistance during Covid lockdown
   ii) Vendor is a member of the vending/ Hawkers association.   
   
D.   

Street vendors of surrounding development/ peri-urban / rural
areas vending in the geographical limits of the ULBs (not covered in Survey).
2 sub categories will be there:
   
D1 : Vendor has been issued Letter of Recommendation by ULB/   TVC   
   
Keep a copy of LoR ready for uploading   
   
D2 : Vendor has not been issued LoR   
   
Vendor to declare one of the followings:
   i) Vendor has received One Time assistance during Covid lockdown
   ii) Vendor is a member of the vending/ Hawkers association.   
Once you have followed the above 3 steps you are ready to start the application process on the portal. You can apply directly yourself and also through a Common Service Centre(CSC) near you locality.

Loan Application Form
pm-svanidhi-loan-application-form-1

pm-svanidhi-loan-application-form-2


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