You will get a loan of 10 thousand rupees without depositing any document, know the details

Now people without any identity card will easily get a loan of up to 10 thousand rupees. For this, the government has started a scheme.

Now people without any identity card will easily get a loan of up to 10 thousand rupees. For this, the government has started a scheme. The benefit of this scheme will be available to roadside street vendors, handlers and shopkeepers. The government has recently started the Pradhanmantri Swanidhi Scheme. Under the scheme, loans up to 10 thousand rupees can be given for their work by handcrafts and Khomche. The government has also kept the period of 12 months for depositing the installment of this loan.

Loan will have to be applied

Durga Shankar Mishra, Secretary, Union Ministry of Housing and Urban Affairs, introduced this facility and said that an eligible street-dwelling local urban body can request for a letter of recommendation. According to the Ministry, this module is designed to facilitate those shopkeepers (street vendors) who do not have identity card (ID) and certificate of sale (COV) and their name to avail benefits under this scheme. The survey list is also not included.

Will be able to resume trading after lockdown

This facility has been provided by the government, so that those who were affected due to the lockdown caused by the corona virus can help them to start business again. With this, people will get this loan at very low interest.

Have to apply in this way

People can apply for this loan in two ways. In the first, online application will have to be made to get LOR from local urban bodies on PM Swanidhi portal. For this, a certificate of lump sum assistance given by some states / union territories during the lockdown period or membership details of vendor associations or any other document to prove that he is a vendor.

The second way is that such a person will have to apply on plain paper through a simple application to the Municipal Corporation, Municipality or the office of the Panchayat. The local body will have to dispose of the LOR issue within a period of 15 days. According to the statement, sellers who have LORs will be issued a certificate of vending / identity card within a period of 30 days.

So many people have benefited so far

Maximum beneficiaries will get the benefit of the scheme from this provision. It said that since the inception of online submission of loan applications on the PM Swanidhi portal on 2 July 2020, more than 4.45 lakh applications have been received in various states and union territories and more than 82,000 have been accepted. Under this scheme, a target has been set to benefit more than 50 lakh street vendors who used to sell goods in urban areas or nearby semi-urban / rural areas before March 24, 2020.