AP YSR Zero Interest Loan Scheme Apply Online, Farmer Registration Status | Download Andhra Pradesh Zero Interest Loan Application Form – In our country, many schemes are started to provide assistance to the poor citizens of the country. Similarly the Chief Minister of Andhra Pradesh Jagan Mohan Reddy has started the YSR Zero Interest Loan Scheme. The main objective of this scheme is to provide interest-free loans to women in the state. Women in rural areas and associated with or associated with the Development of Children (DWCRA) are also included through this scheme. [Also Read- navasakam.ap.gov.in: AP YSR Navasakam Scheme Official Website]
YSR Zero Interest Loan Scheme 2023
YSR Zero Interest Loan Scheme has been launched in April 2020 and the primary objective of this scheme is to empower the eligible and deserving women in the state by providing them support. Under this scheme, the beneficiaries will get the loan by the Andhra Pradesh government at 0 percent interest as the interest amount on the loan will be borne by the state government. In this particular article we have covered every important detail of this scheme like the application process of the scheme, eligibility criteria, all the benefits provided to the women of the state, and many other important information. There is no risk of missing out, so make sure you read the complete article to get the most out of this scheme. [Also Read-(Apply) YSR Free Crop Insurance Scheme 2023: Apply Online, Status Check]
Overview of YSR Zero Interest Loan Scheme
| Scheme Name | YSR Zero Interest Loan Scheme |
| Year | 2023 |
| Launched By | CM Jagan Mohan Reddy |
| Beneficiaries | Self-help groups and DWCRA Women Associations |
| Application Procedure | Online |
| Benefits | Monetary support |
| Category | Andhra Pradesh Govt. Scheme |
| Official Website | ————– |
Objectives of AP YSR Zero Interest Loan Scheme
YSR Zero Interest Loan Scheme has been launched by the Government of Andhra Pradesh. The main objective of starting this scheme is that under this scheme the women of the state should be made financially empowered and at the same time the feeling of self-reliance can also be created in them. This scheme has been started mainly for the benefit of women belonging to Self Help Groups (SHGs) and DWCRA (Development of Rural Area Women and Children) associations. Under this scheme, loans will be made available to women at zero interest rate to start their own business. Women will also be provided employment opportunities in many sectors through this scheme. Women will no longer need to depend on anyone to start their own work. Through this scheme, she will be able to start her work easily through the zero-interest recorded loan. [Also Read- Jagananna Thodu Scheme 2023: Apply Online, Beneficiary List, Status]
Budget for YSR Zero Interest Loan
The state budget for the financial year 2021 has been presented by Finance Minister B Rajendranath Reddy in the state assembly at Velagapudi on Tuesday. Even after the increasing outbreak of Coronavirus and the weakening of the economic condition, the Andhra Pradesh government has not stopped providing the benefits of any scheme. In this regard, during the presentation of the budget, the Finance Minister has said that it is as important to deal with the coronavirus as it is to run welfare schemes. Apart from this, 1,365.08 crore has been disbursed in the state budget by the state government to help women associated with self-help groups for the YSR zero interest loan scheme. [Also Read- Amma Vodi List 2022: Check Final Eligibility List, Payment Status]
Implementation of YSR Zero Interest Loan
The state report by the state government states that around 90 lakh women will be benefited through the YSR zero interest loan scheme, this benefit is linked to the specific DWCRA affiliation. Along with this, financial assistance will be provided by the state government to various self-improvement groups through this scheme, in addition to this through DBT, the credit amount approved for self-improvement assemblies and DWCRA affiliation in special financial balance through DBT. will be saved via As per the state report, about Rs 1400 crore has been disbursed by the legislature. [Also Read- navasakam.ap.gov.in: AP YSR Navasakam Scheme Official Website]
Benefit Amount has Already Been Transferred
The scheme has been launched by Andhra Pradesh Chief Minister CM Jagan Mohan Reddy ji officially on the web by distributing Rs 1400 crore cash towards repayment of premium amount on credit. Under this, when the button was pressed on the web by the Union Minister, the amount was disbursed electronically to 8,78,874 records of DWCRA groups falling under the wards of SERP and MEPMA. About 90,37,254 such women will be benefited through this scheme, which is part of the self-improvement DWCRA assemblies of the state. This scheme has been started by the state government in a good way. [Also Read- Amma Vodi List 2022: Check Final Eligibility List, Payment Status]
Third Installment of YSR Zero Interest Loan Scheme
Andhra Pradesh Chief Minister Shri YS Jagan Mohan Reddy ji will provide the third installment of zero interest scheme to the women of Self Help Group during his visit to Ogol city. This installment will be released by the state government on 22nd April, the amount of this installment will be distributed in the bank accounts of all the eligible beneficiary women. (Also read- IGRS AP – Search Encumbrance Certificate (EC) at registration.ap.gov.in)
Apart from this, a public meeting will also be addressed by the Chief Minister of the state at ABM College ground in Ongole city. The amount of benefit provided under this scheme will be transferred to the bank account of the beneficiary through Direct Benefit Transfer. (Also read- AP Meeseva: Application Forms, Login, Status & Online [email protected])
This scheme has been started by the government with the aim of providing financial assistance to all the eligible women of the state. All the women of the state who belong to the self-help group or DWCRA association of women, only they will be provided the benefit of this scheme. (Also read- AP Digital Panchayat: Citizen Registration, mpanchayat.ap.gov.in Login)
59661 Women Benefited Under YSR Zero Interest Loan Scheme
Financial assistance amount is distributed every year by the Chief Minister of Andhra Pradesh in the bank accounts of the remaining beneficiaries. Mostly this amount is distributed by the state government in the month of June and December, this year the state government has distributed the benefit amount in the bank accounts of all the beneficiaries on 28th December. [Also Read- navasakam.ap.gov.in: AP YSR Navasakam Scheme Official Website]
Under various welfare schemes being run by the state government, about Rs 703 crore has been disbursed by the government in the accounts of about 9.30 lakh beneficiaries. Under this scheme, 53.51 crore rupees have been distributed by the Chief Minister of the state in the bank accounts of 59661 women of the state. Apart from this, it was told by the state government that despite the paucity of funds, the government has continued to run various welfare schemes. [Also Read- Amma Vodi List 2022: Check Final Eligibility List, Payment Status]
Benefits of YSR Zero Interest Scheme
- Under this Scheme, the state government will give loans to the applicants through the policy for which all those applicants will not have to pay any interest.
- All the meetings of the Andhra Pradesh state can use this economic advantage to increase their administration.
- According to the state government, it is being told that under this Scheme, financial assistance has been started for DWCRA affiliation.
- Individuals from women’s self-improvement meetings will be eligible to apply and receive advances.
- The Chief Minister of Andhra Pradesh has also concluded that the entire school expenses will be paid for the students. About 11.50 lakh students will be benefited by this Scheme.
Women Welfare Schemes in Andhra Pradesh
Many types of schemes are started by the state government from time to time for the benefit of women. YSR Zero Interest Loan Scheme is currently being run in Andhra Pradesh. These schemes launched by the government have been concluded by us.
YSR Kapu Nestam Pathakam
Under YSR Kapu Nestam Scheme, women belonging to Kapu, Ontari, Balija and other sub-communities whose age ranges from 45 to 60 years will be considered eligible under this scheme. An amount of Rs 15000 per year will be allotted to these beneficiaries through this scheme for a period of 5 years. Under this scheme, women belonging to these sections will have a feeling of becoming empowered to raise their standard of living. [Also Read- IGRS AP – Search Encumbrance Certificate (EC) at registration.ap.gov.in]
YSR Cheyutha Scheme
A new scheme has been launched by the Government of Andhra Pradesh, which has been identified as YSR Cheyutha Yojana. Through this scheme, women will be encouraged to be empowered. Under this scheme, women belonging to minority community, scheduled caste, scheduled tribe or other backward classes will be allotted an amount of 18,750 per year as financial assistance for a four-year time course. Under this scheme, only women in the age group of 45 to 60 years will be considered eligible. YSR Cheyutha scheme has also been started considering it as the main objective to increase animal business. [Also Read- AP Marriage Certificate Registration: Application Form, Check Status]
YSR Sunna Vaddi Scheme
Another scheme YSR Sunna Vaddi has been launched by the Andhra Pradesh government for the welfare of women. Under this scheme, interest-free loans will be provided to the old women of the state working in any self-help group. Women can become financially independent through the scheme. To get the benefits under this scheme, it is mandatory for women to belong to the BPL category. Along with this, the bank account of women should not exceed the credit limit of Rs 5 lakh. [Also Read- Amma Vodi List 2022: Check Final Eligibility List, Payment Status]
Jagannath Amma Vodik
Jagannath Amma Vodik has been launched by the Government of Andhra Pradesh. This scheme has been launched as a part of Navratnalu. Through this scheme, an amount of Rs 15000 per year will be allotted to BPL women for the education of her children (if any of her children are studying in class I to XII). All the children selected under this scheme are given recognition in government or private schools across the state. Eligibility under this scheme will be provided to women of all caste, creed, region or religion, no discrimination of any kind will be done against any woman. [Also Read- YSR Asara Scheme: Apply Online, Beneficiary List & Status Check]
YSR Zero Interest Loan Scheme Eligibility Criteria
To avail this scheme, you will have to fulfill the given eligibility criteria as follows.
- The applicant must be a native of Andhra Pradesh state to take advantage of this scheme by the state government.
- Under this Scheme, the applicant should belong to Self Help Groups or DWCRA category of women.
- This Scheme has been started only for the women of Andhra Pradesh state.
- It is mandatory for every applicant of Andhra Pradesh state to have a bank account linked to Aadhar card in the bank.
Required Documents
- Bank Details
- Aadhar card
- Photo ID proof
- SGH or DWCRA certificate
- Passport size photograph
YSR Zero Interest Loan Scheme Application
- First of all, you need to go to the official website of the YSR Zero Interest Loan. After this the homepage of the website will open.
- On the homepage, you have to click on Apply now option. After this an application form will appear on your screen.
- Here you have to enter all the required details in this application form like your name, mobile number, email id, etc.
- Now after uploading all the documents and checking the information entered by you, click on the submit button.
In this way your application for YSR Zero Interest Loan Scheme will be completed by following the following steps.