After repayment of the first loan, the vendors are eligible for a second loan of Rs 20,000 and then the third loan of Rs 50,000.
About 53.66 lakh street vendors who have registered under the scheme while as many as 36.6 lakh applications have been sanctioned by banks so far. Disbursals have been made to 33.23 applicants. The average age of applicants is 41 years, with Uttar Pradesh and Madhya Pradesh having the highest number of beneficiaries.