PM SVANidhi – Official Mobile Application provides end-to-end solution to facilitate Lending Institutions – Banks/ NBFCs/ MFIs etc. to process loan applications of beneficiaries through their field agents. MoHUA has, on June 01, 2020, launched ‘PM Street Vendor’s AtmaNirbhar Nidhi (PM-SVANidhi)’, to facilitate collateral free Working Capital loan up to ₹10,000, of 1 year tenure, to approximately 50 lakh Street Vendors, to resume their businesses. Incentives in form of interest subsidy (@7% per