How To Apply For PM SVANidhi Credit Card On Your Mobile In 2026
The Government of India has introduced the PM SVANidhi Credit Card facility to provide financial support to eligible street vendors and small business owners. This initiative helps vendors access credit for their daily needs and business expenses without depending on informal moneylenders.
In 2026, eligible PM SVANidhi beneficiaries can apply for a UPI-linked RuPay Credit Card through participating banks. The application process can be started using a mobile phone.
What Is PM SVANidhi Credit Card 2026?
The PM SVANidhi Credit Card is a credit facility designed for eligible street vendors under the PM Street Vendor’s AtmaNirbhar Nidhi scheme. It provides access to a credit limit of up to ₹30,000, subject to bank approval and applicable conditions.
The scheme has also been extended until March 2030.
Main Benefits Of PM SVANidhi Credit Card
- Credit limit of up to ₹30,000.
- UPI-linked RuPay Credit Card facility.
- Useful for eligible personal and business expenses.
- Interest-free repayment period as per the card issuer’s policy.
- Digital payment facilities.
- No joining or annual charges under participating card terms.
Eligibility Criteria
Applicants must meet the following conditions:
- Must be an eligible PM SVANidhi street vendor beneficiary.
- Must have successfully repaid the second loan tranche.
- Must be eligible for the third loan tranche or have availed it.
- Applicant’s age must generally be between 21 and 65 years.
- Must satisfy the issuing bank’s credit and verification requirements.
Required Documents
Keep the following documents ready before applying:
- Aadhaar Card
- PAN Card
- Street Vendor Certificate or Letter of Recommendation
- Bank account details
- Current address proof, if required
- Aadhaar-linked mobile number
How To Apply For PM SVANidhi Credit Card Using Your Mobile
Follow these steps to start your application:
Step 1: Open Google Chrome on your mobile phone and visit the official PM SVANidhi website.
Step 2: Log in to the official portal using your registered mobile number and complete the required verification.
Step 3: Check your PM SVANidhi beneficiary and loan repayment details.
Step 4: If you have successfully repaid your second loan tranche and meet the eligibility conditions, contact a participating bank offering the PM SVANidhi RuPay Credit Card.
Step 5: Submit your Aadhaar, PAN, bank details and other required documents.
Step 6: Complete the bank’s application and verification process. The bank will review your details and decide whether to approve your credit card.
Step 7: After approval, follow the bank’s instructions to receive and activate your RuPay Credit Card.
Official Application Website
Visit the official PM SVANidhi portal
You can also visit your nearest participating bank branch for application assistance.
Conclusion
The PM SVANidhi Credit Card is an important financial facility for eligible street vendors in India. It offers convenient digital credit access and can help vendors manage their financial requirements. Before applying, check your eligibility, prepare your documents and understand the bank’s repayment conditions. Remember that credit card approval is subject to verification and is not guaranteed for every applicant.
