YSR Zero Interest Loan Scheme 2023: Registration, Eligibility & Beneficiary List

YSR Zero Interest Loan Status Check, Procedure To Apply Online For Andhra Pradesh YSR Zero Interest Loan Scheme and check Features and Eligibility to Get YSR Zero Interest Loan |

In this article today, we will share with you all the important specifications of the YSR Zero Interest Loan Scheme which has been launched by the Chief Minister of the Andhra Pradesh Government recently on Friday. We will share with you all the incentives that will be provided to the DWCRA affiliations across the Andhra Pradesh state. The Chief Minister has come forward to help all of the affiliations by giving monetary help. In this article, we will share with you all the step-by-step procedures through which you can apply yourself under the scheme, and also the eligibility criteria and documents required are given in this article.

YSR Zero Interest Loan Scheme 2023

The Andhra Pradesh government had referenced in its political proclamation that it will find a way to reinforce the self-improvement gatherings and the DWCRA affiliations. These bodies are ordinarily run and overseen by ladies. For this, the Andhra Pradesh authority has just reported another credit plan to offer monetary help to these associations. The Chief Minister of the state said that the YSR Zero Interest Loan Scheme will be executed soon. It will give these women affiliations the lift that will help them to act in the COVID-19 pandemic. Click to know more details about the YSR Navasakam Scheme

YSR Zero Interest Loan Scheme

Third Installment Of Zero Interest Scheme

The third installment of the zero interest scheme will be released by Chief Minister Y.S Jagan Mohan Reddy to the self-help group women during the visit to Ongole town. This installment will be released on 22nd April 2022. The amount installment will be transferred into the bank account of the women beneficiaries. A public meeting will also be addressed by the Chief Minister at the ABM college ground in Ongole town. This amount will be transferred through direct benefit transfer. This scheme has been launched in order to provide monetary help to the women of the state. In order to take benefit from this scheme, the applicant must belong to a self-help group or DWCRA association of women

59661 Women Benefited Under The Scheme

The Government of Andhra Pradesh deposits funds into the bank account of the left out beneficiaries every year. These funds are usually disbursed into their account in the months of June and December every year. This time the government deposited the funds into the bank account of the beneficiaries on 28 December. Around Rs 703 crores have been deposited into the account of 9.30 lakh beneficiaries under various welfare schemes. Under the YSR Zero Interest Loan Scheme, the chief minister of Andhra Pradesh has deposited Rs 53.51 crore into the bank account of 59661 women. On this occasion, the government has also highlighted the fact that despite having a shortage of funds the government has not stopped implementing various welfare schemes.

YSR Free Crop Insurance Scheme

Budget For YSR Zero Interest Loan

On Tuesday in the state Assembly at Velagapudi, Finance Minister B Rajendranath Reddy presented the State budget for the financial year 2021.  Even after the financial stress due to COVID -19 crisis, AP Government does not take a back step in allocating funds for any scheme. The Finance minister said that tackling COVID is the priority but welfare schemes are also very important. The government has allocated Rs 1,365.08 crore in the state budget for YSR Zero Interest Loan Scheme to help the women who are associated with self-help groups.

YSR Zero Interest Loan Scheme Details

Name YSR Zero Interest Scheme for DWCRA Women Associations
Launched by YS Jagan Mohan Reddy CM Of Andhra Pradesh
Beneficiaries Self-help groups and DWCRA Women Associations
Objective Providing monetary help
Official Website

Benefits Of YSR Zero Interest Scheme

The usage of the policy will give the recipients interest-free credit. The gatherings can use the cash for growing their administrations. The plan has been produced for giving monetary help to DWCRA affiliations. The individuals from ladies’ self-improvement gatherings will likewise be qualified to apply and get advanced under this plan. The candidates, who get the credit from the state government, under this plan, won’t be charged any interest. The Chief Minister of the state has additionally concluded that the power will pay the full school expense for the students. It will help around 11.50 lakh students.

Implementation Of YSR Zero Interest Loan

The state reports feature that the Zero Interest Loan plan will legitimately profit upwards of 90 lakh females, which are related to the distinctive DWCRA affiliations. Aside from this, the plan will likewise give monetary help to various self-improvement gatherings. The credit sum endorsed for the self-improvement gatherings, and the DWCRA affiliations will be saved in the particular financial balances through DBT. The state reports express that the legislature has just dispensed an astounding total of Rs. 1400 crore.

PM Mudra Yojana  

Sum Already Transferred

The Andhra Pradesh Chief Minister launched the plan by officially moving on the web Rs 1400 crores of cash towards repayment of premium sum on credits. When the Central Minister pressed the button on the web, the sums were electronically moved into 8,78,874 records of the DWCRA bunches falling under the ward of SERP and MEPMA. This will profit a sum of 90,37,254 ladies individuals who are a piece of the self-improvement DWCRA gatherings, spread over the state. This was a great way to start the scheme.

YSR Zero Interest Loan Scheme Eligibility Criteria

Applicant must follow the following eligibility criteria to apply for the 0 interest loan scheme:-

  • The applicant must be a resident of Andhra Pradesh state
  • An Applicant must belong to the self-help group or DWCRA associations of women.
  • The scheme is only open for the women of the Andhra Pradesh state.
  • The applicant must have a working bank account number.

Amma Vodi List 

Application Procedure Of YSR Zero Interest Loan Scheme 2023

  • First of all, go to the official website of the YSR zero-interest loan scheme
  • The home page will open before you
  • On the homepage, you have to click on apply now option.
  • The application form will appear before you
  • You have to enter all the required details in this application form like your name, mobile number, email id, etc
  • Now you have to upload all the required documents
  • After that you have to click on submit
  • By following this procedure you can apply under YSR zero-interest loan scheme

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