Is it really possible to get a loan of ₹ 90,000 through Aadhar Card? Know the truth of this government scheme

Nowadays one thing is being heard that the government is giving loan of ₹ 90,000 directly on Aadhar card. This is not completely true, but yes, there is a government scheme under which small shopkeepers and street vendors can get almost this much help in installments. The name of this scheme is PM Swanidhi Yojana.

Then how do you get money? understand the complete mathematics

This scheme is for those people who run their household by doing small jobs. In this, the money is not received all at once, but in installments depending on your transactions and trust:

• For the first time: To get you started in the beginning ₹10,000 to ₹15,000 Loan up to Rs.
• Second time: When you repay the first loan on time, the government’s trust in you increases and you ₹20,000 to ₹25,000 You can get a second loan up to Rs.
• Third time: After repaying the second loan on time, you will be able to repay the biggest loan i.e. ₹50,000 Become eligible to take loan up to Rs.

In this way, by combining all the three installments a person gets a total ₹80,000 to ₹90,000 Till then help is available.

What are the other benefits of this scheme?

• No hassle of pledging anything: For this loan, you do not have to pledge any of your property (like land papers or gold).
• Huge discount is also available in interest: If you repay your installments on time, the government gives a rebate of 7% in interest, which reduces your burden considerably.
• Reward on online payment also: If you take digital payments (like UPI, Paytm, Google Pay) from the customer, you also get some money back in the form of cashback every month.

What documents are required to apply?

• Your Aadhaar card (which has your mobile number linked to it).
• Copy of your bank account (passbook).
• Identity card of your work (such as a certificate of carting from the municipality).

How to apply sitting at home?

1. First of all Official website of PM SVANidhi (PM SVANidhi Portal) Go to.
2. Log in with OTP by entering your mobile number.
3. Confirm your identity by entering your Aadhaar number (e-KYC).
4. Fill the simple information about yourself and your work in the form and upload the necessary documents.
5. Select the name of your nearest bank from where you want to take the loan.
6. Submit the form. After this, the bank will check your papers and if everything is fine, the loan money will come directly into your account.

If you want, near you Common Service Center (CSC) You can also get this form filled by visiting.

One important thing: Do not give your Aadhaar number or OTP to any unknown app, website or person in the name of loan. Always apply from the government website only.