PM SVANidhi awareness campaign held in Jind until September 30

Jind Municipal Council runs an awareness campaign for PM SVANidhi Yojana from September 1 to September 30, 2026. This scheme connects street vendors to the banking system with collateral-free loans.

Loan structure and benefits

Eligible street vendors get loans in three phases:

• First installment: ₹15,000 to be paid back in one year.
• Second installment: ₹25,000 to be paid back in one-and-a-half years.
• Third installment: Up to ₹50,000 to be paid back in three years.

Eligible people get a 9% interest subsidy. This includes 7% from the Central government and 2% from the Haryana government. A credit card gives a extra limit of ₹30,000. Also, users get annual cashback of ₹1,200 to ₹1,600 for specific UPI transactions.