Chief Minister Rural Path Vendor Loan Scheme
in Madhya Pradesh
Last updated:
Chief Minister Rural Path Vendor Loan Scheme in Madhya Pradesh
Chief Minister Rural Path Vendor Loan Scheme is a government scheme available to eligible residents of Madhya Pradesh.
Apply for Chief Minister Rural Path Vendor Loan Scheme in Madhya Pradesh
Scheme Overview
"Chief Minister Rural Path Vendor Loan Scheme" by the Panchayat and Rural Development Department, Government of Madhya Pradesh provides working capital assistance of up to ₹10,000, promotes regular loan repayment, and trains entrepreneurs in business practices. The scheme targets small traders.
Eligibility Criteria
The applicant should be a resident of Madhya Pradesh.
The applicant should be a resident of a rural area.
The applicant should be a small trader or vendor from the rural poor class.
The applicant should not have defaulted on any prior government loans.
Benefits
Low-cost equipment or working capital is made available to poor migrant workers/ small traders of rural areas of the state in the form of loans through banks.
Entrepreneurship Development Training is to be provided to rural migrant workers through the "Self Employment Training Institute (RSET)" for setting up new businesses.
After training, an Interest-free loan of ₹10,000/- is provided by banks for setting up the business.
Required Documents
| # | Document |
|---|---|
| 1 | Aadhaar Number |
| 2 | Mobile Number linked to Aadhaar |
| 3 | Samagra ID |
| 4 | Bank Account Details |
How to Apply in Madhya Pradesh
Step 1: Visit the Street Vendor Portal and click "Register".
Online Step 1: Visit the Street Vendor Portal and click "Register".
Step 2: Verify your mobile number via OTP. Then select the "Rural Path Vendor" option.
Online Step 2: Verify your mobile number via OTP. Then select the "Rural Path Vendor" option.
Step 3: Verify your Aadhaar number by providing the OTP received on your Aadhaar-linked mobile number. (If your mobile number is not linked to Aadhaar, visit a kiosk for biometric verification). You will be taken to the online application page.
Online Step 3: Verify your Aadhaar number by providing the OTP received on your Aadhaar-linked mobile number. (If your mobile number is not linked to Aadhaar, visit a kiosk for biometric verification). You will be taken to the online application page.
Step 4: In the online application form, fill in all the mandatory fields and upload all the mandatory documents in the specified format and size. Carefully review all the information. Make any necessary corrections.
Online Step 4: In the online application form, fill in all the mandatory fields and upload all the mandatory documents in the specified format and size. Carefully review all the information. Make any necessary corrections.
Step 5: Click the "Submit" or "Apply" button to submit your application. You'll receive a confirmation message on SMS.
Online Step 5: Click the "Submit" or "Apply" button to submit your application. You'll receive a confirmation message on SMS.
Common questions in Madhya Pradesh
Who can apply for Chief Minister Rural Path Vendor Loan Scheme in Madhya Pradesh?
Eligible residents of Madhya Pradesh who meet the scheme’s overall criteria can apply for Chief Minister Rural Path Vendor Loan Scheme. Refer to the eligibility section above for the complete checklist.
What documents are required for Chief Minister Rural Path Vendor Loan Scheme in Madhya Pradesh?
Applicants in Madhya Pradesh typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
Frequently Asked Questions
This scheme provides working capital assistance of up to [?]10,000, encourages regular loan repayment, and offers business practice training to rural vendors.