Government Schemes for Small Businesses, MSMEs & Vendors
Find collateral-free bank loans, credit-linked capital subsidies, working capital for micro-merchants, and credit guarantee programs across India.
Overview & Target Beneficiary Criteria
India offers wide-ranging financial incentives for budding entrepreneurs, micro-enterprises, and street vendors. Programs include PM Mudra Yojana (collateral-free loans up to ₹20 lakh under Shishu, Kishore, and Tarun categories), PM SVANidhi for street vendors, Prime Minister's Employment Generation Programme (PMEGP) offering 15% to 35% margin money subsidies, and Stand-Up India for SC/ST and women entrepreneurs.
Active Government Programs (3)
Verified programs offering financial assistance, food/health aid, and supportive services.
Pradhan Mantri MUDRA Yojana (PMMY)
Collateral-free business loans up to ₹10-20 Lakh for non-corporate, non-farm small and micro enterprises categorized into Shishu, Kishore, and Tarun tiers.
Stand-Up India Scheme
Bank loans between ₹10 Lakh and ₹1 Crore for SC, ST, and Women entrepreneurs setting up greenfield enterprises.
PM SVANidhi Scheme (PM Street Vendor's AtmaNirbhar Nidhi)
Collateral-free working capital micro-credit up to ₹50,000 with 7% interest subsidy and cashback for urban street vendors.
Frequently Asked Questions
Can I get a PM Mudra Loan without providing collateral security?
Yes. All loans sanctioned under the Pradhan Mantri Mudra Yojana (PMMY) up to ₹20 lakh are completely collateral-free and backed by the Credit Guarantee Fund for Micro Units (CGFMU).
What is PM SVANidhi and how does the interest subsidy work?
PM SVANidhi provides working capital loans starting at ₹10,000 up to ₹50,000 for urban and peri-urban street vendors. Prompt electronic repayments earn an attractive 7% annual interest subsidy directly credited to your bank account.
What subsidy is offered under PMEGP for setting up new enterprises?
Under PMEGP, beneficiaries in rural areas can receive a government margin money subsidy up to 35% of project cost (for special category candidates) or 25% (for general category), with manufacturing projects eligible up to ₹50 lakh.
Explore Other Beneficiary Categories
Independent Information Platform: Yojana Eligibility compiles details from public government notifications and gazettes. Always confirm qualification criteria and submission deadlines with the designated nodal departments before applying.