(Apply Online) YSR Zero Interest Loan Scheme For Farmers

YSR Zero Interest Loan Scheme: YSR Zero Interest Loan Scheme Apply Online, YSR Zero Interest Loan Scheme Status, YSR Zero Interest Loan Scheme for farmers registration/Application Form, Eligibility, benefits are available at the official website.

YSR Zero Interest Loan Scheme

Andhra Pradesh CM Jagan Mohan Reddy launched a loan scheme for self-help groups and the DWCRA women association during the time of pandemics lockdown, Under this scheme, the Andhra Pradesh state government deposited 1,400 crore INR in the bank accounts of 8.78 lakh SHGs (Self Help Groups). Through this scheme, SGH Member can take loans of Rs. 20000 to 40000 per year. In the Andhra Pradesh state around 91 lakhs, women group will get benefits. Applicants who will get loans through this scheme will not be charged any interest because this scheme is completely interest-free.

YSR Zero Interest Loan Scheme Eligibility

  • Applicant must be a permanent resident of Andhra Pradesh state if he/she want to get benefit from this scheme
  • Applicants who are going to apply must belong to the self-help group or DWCRA associations of women
  • Applicant must have her own Bank Account
  • Under this scheme, priority will be given to the women candidate 

YSR Zero Interest Loan Scheme Benefits

  • Self-help groups and the DWCRA women association will get loans under this scheme through an easy process
  • The loan amount will be transferred directly to the beneficiary Bank Account
  • The state government will not charge any interest on Loans
  • It’s a strong step towards the women empowerment

YSR Zero Interest Loan Scheme For Farmers

Andhra Pradesh CM Jagan Mohan Reddy sanctioned 510 crore rupees under YSR Zero Interest Scheme (YSR Sunna Vaddi Panta Runalu) for state farmers. 1.98 lakh farmers will get input subsidy for crop loss. under YSR Sunna Vaddi Panta Runalu Scheme state government have already paid Rs. 135 crores for Kharif loss (Crop Between June to December), this compensation amount has transferred 1.66 lakh farmers bank accounts.  

YSR Zero Interest Loan Scheme Apply Online 

Applicants who have added in SGH Groups and come under DWCRA women association can apply for the YSR Zero Interest Loan for their needs, according to the scheme rules there will not be charged any interest on public loans. Under this scheme, credit amount will also be transferred into the beneficiary bank accounts. Beneficiary have to wait for some more time because state government still not launch any official portal for this scheme, As the government released any update about the online application process we will update here on this article very first.

YSR Zero Interest Loan Scheme Status

Applicants who have applied offline for YSR Zero Interest Loan can check their application status officially, Applicants have to show their registration id for check their application status. This application status can be checked offline through the government office. After knowing the status applicants will know that her loans has sanctioned or not. Complaints related to the YSR Zero Interest Loan scheme will also be lodge offline in the government office. 

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