Purpose
For providing finance to street vendors of Urban areas, people providing essential service in the informal sectors such as hair dresser, rickshaw driver, potter, eater, cobbler mason, tailor, washer-man, painter, plumber, electrician to rehabilitate the unemployed youth. The scheme is interest free loan
Eligibility
Street Vendors who have ID issued by local Urban body for sale, vendors who were selected during survey but not issued ID, Vendors working on street but were left out in survey done by local Urban body or have started business of survey. Youth age 18-40 years. Scheme is applicable in Rajasthan only. Udyam Registration Certificate is mandatory
Nature of Facility
-
TL
Max Finance
Rs.50,000/-
Margin
NIL
Interest Rate
Attractive rate of interest based on RBLR.
Loan Term
18 Months