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PM SVANidhi Credit Card
RuPay credit facility for PM SVANidhi street-vendor beneficiaries, offering on-demand credit alongside their existing loan.
Description
A RuPay credit card facility introduced specifically for beneficiaries of the PM SVANidhi Scheme, the government's micro-credit programme for street vendors. Where the existing term loan model requires repayment in fixed monthly instalments, this card gives vendors on-demand access to credit with greater flexibility for day-to-day business expenses. It complements rather than replaces the existing loan structure. Eligibility is restricted to enrolled PM SVANidhi beneficiaries — this is not a card the general public can apply for.
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