To support street vendors by giving them easy access to collateral-free loans with low interest rates
Individual street vendors in possession of Certificate of Vending / Identity Card issued by Urban Local Bodies (ULBs) are eligible to apply loan under the scheme.
First Tranche: Rs.10,000/-
Second Tranche: Rs.20,000/-
Third tranche :- Above Rs.20,000/- to Rs.50,000/-
Margin: NIL
First Tranche : 12 Months (01 Year)
Second Tranche: 18 Months (01 Year 06 Months)
Third tranche : 36 Months (03 Year)