PM Svanidhi scheme can be termed as successful as per the data provided by the government. As per the data, the loan applications were sanctioned in 21 days on an average and average age of applicants is 41 years.
Loan sanction time 21 days Age of applicant 41 year Men 57% Women 43%
Loans Sanctioned
Eligible applications 86,57,768 Sanctioned 71,10,986 Disbursed 65,98,126 No. of Beneficiaries 50,03,908 Sanctioned amount 9,331.69 cr Disbursed amount 8,646.96 cr
Top 10 banks
Rank Bank Disb. 1 State Bank of India 20,61,851 2 Bank of Baroda 6,95,236 3 Union Bank of India 6,83,023 4 Punjab National Bank 5,02,320 5 Canara Bank 4,76,242 6 Bank of India 4,62,736 7 Indian Bank 4,58,213 8 Central Bank of India 2,48,280 9 Bank of Maharashtra 1,55,814 10 Indian Overseas Bank 1,46,844
Top 10 states
Madhya Pradesh
Gujarat
Uttar Pradesh
Andhra Pradesh
Maharashtra
Karnataka
Chhattisgarh
Punjab
Telangana
Tamil Nadu
Delhi
Jharkhand
Bihar
Odisha
Rajasthan
Kerala
Haryana
West Bengal
