Download & Install PM SVANidhi Mobile App
Introduction:
- Today in Youth Apps, we are going to explore a new mobile app called, PM SVANidhi. This app has been released by Ministry of Housing and Urban Affairs Business and has an average rating of 3.3 in apps store as of today.
Features:
Let's look at the feature of PM SVANidhi Mobile app, these features and content are from the developer of the mobile app itself, PM SVANidhi – Official Mobile Application provides end-to-end solution to facilitate Lending Institutions – Banks/ NBFCs/ MFIs etc. to process loan applications of beneficiaries through their field agents.
MoHUA has, on June 01, 2020, launched ‘PM Street Vendor’s AtmaNirbhar Nidhi (PM-SVANidhi)’, to facilitate collateral free Working Capital loan up to ₹10,000, of 1 year tenure, to approximately 50 lakh Street Vendors, to resume their businesses. Incentives in form of interest subsidy (@7% per annum) and cash-back (up to ₹100 per month) are being provided to promote good repayment behavior and digital transactions. Scheme entails enhanced next tranche of loan on early or timely repayment.
Besides banks, for the first time NBFCs and MFIs have been included as Lending Institutions (LIs) for maximizing Scheme’s reach. A Graded Guarantee Cover is being provided through CGTMSE to these LIs, on portfolio basis, to encourage lending. The duration of the scheme is till March 2022.
More details of Scheme may be accessed at https://pmsvanidhi.mohua.gov.in/Home/Schemes
Performance Summary of PM SVANidhi
- PM SVANidhi has been installed between 10,000+ times by users at the time of this review and has an average rating of 3.3 in the Google apps store.
- PM SVANidhi app has been reviewed by 193 Users, which is around 1.93% of total installed. PM SVANidhi app size 21M and can be installed on any Android device running version 4.4 and up.
More About PM SVANidhi Mobile App
| Apps Name | PM SVANidhi |
| Apps Developed | Ministry of Housing and Urban Affairs Business |
| Current Version | 1.0.2 |
| Total Installs | 10,000+ |
| Apps Size | 21M |
| Android Supported Version | 4.4 and up |
| Average Rating | 3.3 |
| Apps Last Updated On | August 18, 2020 |
| Play Store Link | https://play.google.com/store/apps/details?id=com.mohua.pmsvanidhi&utm_source=www.youthapps.in |
| Reviewed on | 22-Aug-20 |
| Content Rating | Rated for 3+ |
