YSR Zero Interest Loan Scheme 2020|ysr zero interest scheme

Ap govt schemes 2020

ysr zero interest scheme|YSR Zero Interest Loan Scheme|Ap zero interest scheme|Ap ysr zero interest scheme

Chief Minister YS Jagan Mohan Reddy on Friday launched the YSR Zero Interest Loan scheme, under which Rs 1,400 crore has been credited to the bank accounts of 8.78 lakh Self Help Groups (SHGs). Under the scheme, women SHG members can avail loans of Rs 20,000-40,000 a year.We will share with you all the incentive will be provided to the DWCRA affiliations across the Andhra Pradesh state. 

We will share with you all the incentive will be provided to the DWCRA affiliations across the Andhra Pradesh state.Andhra Pradesh general elections last year, Andhra Pradesh Chief Minister YS Jagan Mohan Reddy had launched the ‘YSR Zero Interest Loan’ scheme on Friday aiming to reimburse the interest to close to one crore women of the self-help groups in the state.

At an event held at chief minister camp office at Tadepalli, the Andhra Pradesh chief minister started the scheme by clicking on a button to transfer Rs 1400 crores of money into accounts of women towards reimbursement of interest amount on loans.

YSR zero interest loan scheme for ‘Development of Women and Childen in Rural Areas (DWCRA) Self Help Groups (SHG), Reddy said that despite the economic hardships brought about by the pandemic, the state government has decided to launch the scheme which will benefit over 91 lakh women in Andhra Pradesh.the Chief Minister asserted. Stating that his father and former chief minister
YS Rajasekhara Reddy introduced Pavala Vaddi (interest at 25 paise) scheme when the interest on SHG loans was about Rs 1, he said that later, the scheme was modified to offer interest-free loans and was stalled in 2016 by the previous government. “ our government has come up with this scheme for the benefit of women, and I would like to thank god and the women for giving me this opportunity

Ap zero interest scheme Details

Name of the Scheme YSR Zero Interest Loan Scheme 2020 2020
Category Information
Type of Scheme Welfare Scheme
Conducting Authority Government of Andhra Pradesh
Date of launch 24th April
Launched by Jagan Mohan Reddy (CM of Andhra Pradesh)
Date of implementation 27 April
State Andhra Pradesh
Target beneficiary Farmers of the state
Mode of Implementation Online
Login Here to Apply

Ap ysr zero interest 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.

SR Zero Interest Loan’ Scheme (Video)

YSR Zero Interest Loan Application Procedure

The scheme was launched recently by the Chief Minister of Andhra Pradesh so the detailed notification of the scheme has not yet launched for the common public. As soon as the detailed notification of the scheme is launched we will inform you through this website

AP YSR Rythu Bharosa beneficiary list

Leave a Reply

Your email address will not be published. Required fields are marked *