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Rates Offered to Customer During the Period of Oct 2025 to Dec 2025

 

Product Min IRR Max IRR Avg IRR
GOVERNMENT SPONSORED LOAN 4.99% 21.5% 13.25%

 

Annual Percentage Rate Offered To Customer During Of Oct 2025 to Dec 2025

 

Product Min APR Max APR Avg APR
GOVERNMENT SPONSORED LOAN 5.50% 24.00% 14.75%

 

Disclaimer: Terms and conditions apply. Government Sponsored Scheme loan approvals are at the sole discretion of HDFC Bank Limited and are subject to documentation and verification as per the Bank's requirements. Interest rates are subject to change. Please check with your RM or the closest bank branch for current interest rates.

Kaamyaabi Ki Kahaniyan

Take a look at our Success Stories

Customer expressed that initially business was carried out on the Roadside with few baskets of fruits (Seasonal) The Scheme and Bank’s timely support in grant on Loan helped to grow the business and establish of having own stall (fixed cart) in that area. The Bank was very supportive in Processing all 3 tranches of PM SVANidhi Loan applications. The daily income increased from Rs 300/- per day to almost Rs 1,500/- per day

Fruit Vendor (Roadside Stall) – Hebal, Mysore - Karnataka

Customer was into Fast food Business of Pani Puri stall for last 10 years. The PM SVANidhi loan helped customer to expand his business , he invested the money to purchase new Cart(Thella) to expand his existing business. He added new fast food item in his new Cart and Bank’s timely support in grant on Loan helped to grow the business and establish of having own stall (fixed cart) in that area. He praised the Banks for all the support extended to process the loan timely without much documentation. The daily business increased from Rs 2,000/- per day to almost Rs 4,500-6,000/- per day

Fast food Vendor (Roadside Stall) –Jamshedpur, Jharkhand

Customer is into selling footwear near Bus stand. The PM SVANidhi loan helped customer to increase the stock. Now, due to bank finance, I am free from high interest borrowing. He praised the Banks for all the support extended to process the loan timely without much documentation. Customer appreciated good and timely service by the Bank and the SVANidhi loan is very helpful for his business.

Foot wear Vendor –Ahmedabad ,Gujarat

Customer was running cloth selling business and grant of Loan helped to expand the business to tailoring. The customer invested the Loan funds to purchase sewing machine and purchase additional stocks of clothes. The customer thanked Bank staff in Processing and getting all 3 tranches Loan applications through digital disbursements. The daily income increased from Rs 500/- per day to almost Rs 1,300/- per day .

Tailoring and cloth Business – Ashok Nagar, Shivamogga, - Karnataka

From a daily wage earner Customer expanded setup a family business of small wooden tool making unit. From the PM SVANidhi loan they invested the amount in setup of the business and started there own unit of making Wooden tools. This helps them with a stable income, compared to their earlier daily wage income , which was uncertain. The loan from HDFC bank helped them secure a good future with better children's education. They are not worried now about their children’s timely school fees for better education.

Family wooden tool making unit– Viruddhnagar, Tamil Nadu

Customer was into readymade cloth business for last 7 years. The customer invested the Loan funds into further business expansion and grown the business. The customer is very happy with the Banks hassle free process of loan disbursement without any documents. The PM SVANidhi loan has enhanced customer overall income and enhanced family lifestyle, he is able send his children to Pvt Schools for education now as his income grows

Cloth Business –Bandipora , Jammu & Kashmir.

The customer initially started a small vegetable business with just a few baskets of vegetables. Under the PM SVANidhi loan scheme, he received financial assistance to expand his working capital and set up a proper stall. He was able to increase his stock, attract more customers, and run his business in a more stable manner. His daily income increased significantly from about ₹300 per day to around ₹900 per day, improving his overall economic condition.

Vegetable Vendor – Lucknow - UP

Customer stated that he did not have any fixed place for business. The Bank’s timely support in grant of all 3 Tranches under SVANidhi Scheme helped him get a desk space in front of mobile shop. The grant helped to purchase more stock of variety of wall clocks and tools for repairs. The daily income increased from Rs 200/- per day to almost Rs 1,200/- per day

Watch and Clock Repairs (Roadside Shop) – M G Road, Nashik - Maharashtra

Features

  • Collateral-Free Loans: Initiatives to offer loans without the need for collateral, making credit accessible to first-time borrowers.
  • Flexible Loan Amounts: Loans range from ₹10,000 to ₹2 crore depending on the scheme and business needs.
  • Sector-Specific Support: Schemes target diverse sectors including agriculture, manufacturing, services, and startups.
  • Digital Accessibility: Many schemes are integrated with online portals for easy application and tracking.

Benefits

  • Promotes Entrepreneurship: Encourages self-employment and business creation
  • Boosts Economic Growth: Supports MSMEs which contribute significantly to GDP and employment.
  • Supports Skill Development: Schemes like PMEGP and PM Vishwakarma combine financial aid with training, enhancing employability.