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Business & Entrepreneurship

Chief Minister Rural Path Vendor Loan Scheme

"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.

Authority

State/ UT

Region

Madhya Pradesh

Status

Verified 2026

Updated

March 2026

What you get

- 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.

Who can apply

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.

Required Paperwork

  • Aadhaar Card
  • PAN Card
  • Income Certificate
  • Residence Proof (Domicile)

Common Questions

What is the Chief Minister Rural Path Vendor Loan Scheme?

This scheme provides working capital assistance of up to [?]10,000, encourages regular loan repayment, and offers business practice training to rural vendors.

Who is eligible for this scheme?

Small traders from rural poor classes with valid Aadhaar and Samagra numbers, and who are actively engaged in street vending or small-scale businesses, are eligible.

How can I apply for this scheme?

You can apply through the Street Vendor Portal by registering, verifying your Aadhaar and Samagra details, and submitting the required information.

What documents are required for application?

Aadhaar card, Samagra number, and details of family members supporting your business are required.

Is there a fee for applying to the scheme?

No, there is no fee for registration or application under this scheme.

How will I know if my application is successful?

After submitting your application, you will receive an SMS acknowledgement. Once verified, an SMS with your identity card and certificate link will be sent.

What happens if there is an error in my application?

You will receive an SMS to correct errors. Use the "Update" option on the portal, verify with an OTP, and make the necessary corrections.

How long does the verification process take?

The verification process timeline depends on the Rural Development Department. Updates will be sent via SMS.

How will I receive the loan amount?

After approval, the loan amount will be disbursed directly to your bank account.