A loan of up to Rs 90,000 will be available without a guarantee; know which scheme it is.

Under this special government scheme, small businessmen and street vendors are being given loans without a guarantee. With this, they can easily start their employment again. Know how to apply?

The central government runs various schemes for people belonging to different sections of the country. If you do small business or work on the street. So there is good news for you. There is a special scheme of the government in which the facility of taking a loan without any guarantee is given. The biggest feature of this scheme is that you do not have to mortgage any property or document in it.

This scheme is no less than a lifesaver for small traders and handcart vendors. The beneficiaries of this scheme will be able to get an amount of up to Rs 90 thousand. Let us tell you what this scheme is. And how can its benefits be taken?

90 thousand rupees will be available in PM Swanidhi Yojana

The biggest impact of the Corona period was on the lower class businessmen of the country and those who used to make their living by putting up hawkers. In view of this, the government started the Pradhan Mantri Swanidhi Yojana in June 2020. Earlier, a maximum loan of up to 80 thousand rupees was given under this scheme. But now it has been increased by Rs 10 thousand.

That is, now you can take a loan of up to 90 thousand rupees. The biggest thing is that this entire loan will be available without guarantee. Its three phases have been made, in the first phase 15 thousand rupees, in the second 25 thousand rupees and in the third phase 50 thousand rupees are given. People who have good credibility. They will easily get the benefit in this scheme.

How will you get the benefit?

According to government data, till July 30, 2025, more than 68 lakh people have availed the benefits of this scheme. If you also want to take advantage. So for this, first of all you have to get registered in the Municipal Corporation or local body. If you are a street vendor and you have an identity card.

Then you can apply easily. For this, you have to go to a bank and submit the Aadhaar card and necessary documents. The application process is also completely digital, that is, you can apply online as well. The biggest feature of this scheme is that you do not need any security deposit.