All cards / Bank of Baroda
PM SVANidhi BOBCARD Credit Card
A lifetime-free RuPay credit card for street vendors under the government's PM SVANidhi scheme, offered to vendors who have repaid their earlier SVANidhi loans. It starts at a ₹10,000 limit, works on UPI and gives up to 51 interest-free days for buying stock; cash withdrawal and international use are blocked.
Annual fee
₹0
Joining fee
₹0
Reward type
points
Base reward rate
0.2%
Card network
RuPay
Card tier
Entry
Who this card fits
Best suited to self-employed applicants who clear the standard eligibility bar. It's a lifetime-free card with no fee to track.
Rewards & benefits
- Rewards rate: 0.2% base rate
- Reward redemption: Cashback at 1 point = ₹0.20
Eligibility
- Employment: self-employed
Fees & charges
- Cash advance charges: Cash withdrawal not allowed under PM SVANidhi guidelines
Benefits
- Starting credit limit of ₹10,000 with up to 51 days interest-free credit; UPI-linkable
- 1 reward point per ₹100 on eligible spends
Pros
- + Lifetime free
- + Up to 51 days interest-free credit on business purchases
- + Usable on UPI at merchants
Cons
- − Only for PM SVANidhi street vendors who have repaid earlier loans; applied through the PM SVANidhi portal
- − Small ₹10,000 starting limit and 0.2% rewards
- − No cash withdrawal or international transactions