PM Svanidhi – a flagship scheme launched by Prime Minister Shri Narendra has witnessed a huge success. As per the official data, Rs.11,334.76 crore loan amount has been disbursed to the general public in India. 84,52,551 loans have been disbursed till now. You can check PM Svanidhi data as given below.
Over 60% of the funds (₹2,096.49 crore) allocated to the PM SVANidhi scheme has been utilised as of March 31, revealed the Ministry of Housing and Urban Affairs in response to an RTI query.
As per the reply to the RTI query filed by ANI, the Ministry of Housing and Urban Affairs informed: “The Centre allocated ₹2,096.49 crore as total outlay for the PM SVANidhi scheme till the financial year 2027-28. Out of the total outlay, the amount of ₹1,262.60 cr has been utilised as of March 31.”
PM Svanidhi scheme provides collateral-free working capital loans of up to ₹10,000 for a one-year term, with subsequent loans of ₹20,000 and ₹50,000 at a 7% interest subsidy.
