YSR Zero Interest Loan Scheme 2020: Andhra Pradesh Government has launched the YSR Zero Interest Loan scheme in Telugu for Self-help groups and DWCRA Women Associations. Chief Minister YS Jagan Mohan Reddy has launched YSR Zero Interest Loan Scheme. 1,400 crore has been deposited in the bank accounts of 8.78 lakh self-help groups (SHGs) under the scheme. Eligible candidates can apply for the YSR Zero Interest Scheme through Online Form. Check the Beneficiary list from the below section.
YSR Zero Interest Scheme 2020
Jagan Mohan Reddy (CM of Andhra Pradesh) has launched the YSR Zero Interest Loan Scheme on 24 April 2020 during the COVID-19 Lockdown period. Andhra Pradesh Government has started the YSR Zero Interest Loan Scheme for Self-help groups and DWCRA Women Associations. AP Govt. has to implement the scheme on 27th April 2020. Under the scheme, 1400 crore has been deposited in the bank accounts of 8.78 lakh self-help groups (SHGs). Women SHG members can avail a loan of Rs. 20,000-40,000 per year under this scheme. 91 lakh women SHG members will get the benefit of this scheme, out of which 6.95 lakh SHGs are in rural areas. Check the eligibility criteria and application procedure from the below section.
AP Zero Interest Loan Scheme Details
| Higher Authority | Andhra Pradesh Government |
| Name of Scheme | YSR Zero Interest Loan Scheme 2020 |
| Scheme Type | Welfare Scheme |
| Scheme Launched By | Jagan Mohan Reddy (CM of Andhra Pradesh) |
| Beneficiaries | Self-help groups and DWCRA Women Associations |
| Scheme Implementation | 27 April 2020 |
| Applying Mode | Online |
| Article Category | AP Zero Interest Loan Scheme Beneficiary List |
| Official Website | — |
YSR Zero Interest Scheme Card Beneficiary List
Chief Minister YS Jagan is fulfilling his promises despite a crisis like a coronavirus (COVID-19) epidemic. The Chief Minister has started the scheme by formally transferring money of Rs. 1400 crore online to reimburse the interest amount on the loan. Under this scheme, funds have been transferred electronically to 8,78,874 accounts of DWCRA groups under the jurisdiction of SERP and MEPMA. A total of 90,37,254 women members will benefit from this scheme.
List of Benefits
▶ Applicants will get interested free loan using the policy.
▶ All meetings can use cash to increase their administrations.
▶ The plan is designed to provide monetary support to the DWCRA affiliation.
▶ Individuals from women’s self-improvement gatherings will be eligible to apply and receive advances.
▶ No interest will be charged from candidates getting credit from the state government.
▶ The Chief Minister has concluded that the entire school expenses will be paid for the students. About 11.50 lakh students will be benefited from this scheme.
Eligibility Criteria
✔ Applicant must be resident of Andhra Pradesh state
✔ Applicant must belong to self-help groups or women’s DWCRA associations.
✔ This scheme is only for the women of the state of Andhra Pradesh.
✔ Applicant must have a working bank account number.
FAQs
Q1. Who is the beneficiary of the YSR zero interest scheme?
Ans. Self Help Group & DWCRA Women Association will be considered as the beneficiary for the YSR Zero Interest Scheme.
Q2. What documents will be needed for YSR Zero Interest Loan Scheme?
Ans. To apply for YSR Interest Scheme candidates will need Adhar card, Photo ID proof, Bank Details, SGH or DWCRA Certificate, Passport Size Photograph.
Q3. I don’t work with Self Help Group can I apply for the YSR Zero Interest Scheme?
Ans. No, If you don’t work with SHG or DWCRA Women Association you will not get YSR Zero Interest Scheme.
How to Apply for YSR Zero Interest Online Application Form 2020
Step 1: Firstly visit the official portal of the YSR Zero Interest Scheme.
Step 2: on the Home Page click on the Apply Now button.
Step 3: Enter your contact number and click on the submit button.
Step 4: Enter OTP and fill the complete form.
Step 5: Upload the complete documents and click on the submit button.
Step 6: Your application will be successfully submitted. Take a print out of form.
✍Imp. UPDATE – Andhra Pradesh government has released the AP YSR Zero Interest Scheme for the women of Self Help Group and DWCRA Women Association. ⟳Update By Website Team 👨🏻🏫
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