Under the scheme, collateral-free working capital loan of up to Rs 10,000 of one-year tenure is being provided. The scheme aims at financing approximately 50 lakh street vendors, to resume their businesses.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/public-sector-banks-sanction-95-of-total-loans-under-pm-svanidhi-scheme/articleshow/83207315.cms
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