PM SVANidhi Digital Transaction Incentive

iAbout This Scheme

Under PM SVANidhi, street vendors receive cashback incentives of up to ₹1,200 per year on digital transactions using UPI, mobile wallets, or AEPS. Vendors conducting 50 or more digital transactions per month receive ₹100 per month cashback credited directly to their linked bank account, encouraging digital payment adoption among micro-vendors.

🎁Key Benefits

• Cashback of ₹100/month (₹1,200/year) for 50+ digital transactions per month
• Incentivises UPI, mobile wallet, and AePS adoption
• Cashback credited directly to street vendor's bank account
• Supports building credit history for subsequent loans
• No additional enrollment needed — automatic for SVANidhi borrowers

✅Eligibility Criteria

• 1
  Street vendors enrolled under PM SVANidhi
• 2
  Must conduct 50+ digital transactions per month

📝How to Apply

❓Frequently Asked Questions