How to get loan without interest?

Many government schemes were launched today, one of them is Pradhan Mantri Swanidhi Yojana. With this scheme you can get interest free loan. In today's article, we will tell you how to get loan without interest.

How to get loan without interest?

The scheme allows street vendors to start their business with interest free loans. This scheme is also known as PM Street Vendors Self Alliance Fund.

Here we will tell you in detail how to get interest free loan through Swanidhi scheme, how to apply for loan under this scheme and many more.

What is Swanidhi Yojana?

This scheme is for those people who do not have money and no money to start their own business. Such people can use this method.

Such people are given loans to start their own business so that they can become self-reliant. You can get a loan of up to 20 thousand from this scheme.

Next, you can find out what is the procedure to apply for a loan through Swanidhi Yojana.

Documents for Self Financing Scheme

To avail loan from Swanidhi scheme you must have the following documents:

  • Aadhar card
  • account identification
  • address verification
  • certificate
  • bank details
  • for mobile
  • passport size photograph

Application Process for Pradhan Mantri Swanidhi Yojana

  • First of all go to its official website.
  • On the main page of this website you will see an option to plan to avail loan in 3 steps.
Application Process for Pradhan Mantri Swanidhi Yojana

Step 1:  Understand the loan application requirements. 

Step 2  : Make sure that your mobile number is linked with Aadhaar. 

Step 3:  Check your eligibility as per the scheme rules. 

After reading and understanding these three steps, click on See More. Select its View/Download Form option.

Now the Swanidhi Yojana Form PDF will open in front of you. Download it and fill all the information correctly.

After filling all the details and attaching the required documents, submit this form to your nearest institute.

That's all, now your Swanidhi Yojana loan application process is complete.


Now how to get loan without interest? Information given. Now you can get loan through this scheme. 

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