Chandigarh, 14.08.2023: SBI today launched a public awareness campaign for PM SVANIDHI scheme for giving financial assistance for economic activities to the street vendors. This campaign is part of the saturation drive for covering all street vendors for financial assistance in the Chandigarh Circle comprising Punjab, Haryana, H.P & UTs of J & K, Ladakh and Chandigarh.

Sh. Vinod Jaiswal, Chief General Manager State Bank of India, Chandigarh Circle along with other senior officials of the Bank flagged off mobile vans for publicity of PM SVANIDHI loan scheme. These vans will move around in markets of street vendors with banners and jingles for awareness of the micro credit loan scheme. Registration/Application forms will be available in the Vans for on the spot registration of street vendors for PM SVANIDHI scheme to get benefited by Security free loan upto Rs. 10,000/-, A Subsidy of interest @7% on regular repayment. Cashback upto Rs 1200/- on digital transaction in a year and repayment on time to get a bigger loan amount on next time.