YSR Zero Interest Loan Scheme 2023: Apply Online, Registration, Beneficiary List

• In line with his election-eve promise last year, Jagan re-launched the zero interest scheme that would benefit about 91 lakh members of SHGs.
• 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.

• Aadhaar
• Bank Account
• Resident Copy
• Mobile Number

• 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.

The zero interest scheme would prove beneficial to the women SHGs, he said and listed out the slew of schemes launched by his government for the welfare of women.

Budget for Zero Interest Loan Scheme

Finance Minister B Rajendranath Reddy presented the state budget for the financial year 2020-21 in the state assembly, in Velagapudi. The government of Andhra Pradesh does not take steps in allocating funds for any scheme, Even after financial stress due to the COVID-19 crisis.

List of YSR State Govt welfare schemes for Womens

Listing some of the welfare schemes introduced to ensure economic empowerment of women and thereby development of the society, he said 43 lakh women were provided `6,350 crore under the Amma Vodi scheme, 18.52 lakh women were provided `4,000 crore under Vidya Deevena, 15.56 lakh women were provided `1,220 crore under Vasathi Deevena, 87.45 lakh were provided `6,792 crore under Aasara, 24.55 lakh women were provided `4.604 crore under Cheyutha, 87 lakh women were provided `1,400 crore under zero-interest loan subsidy, 3.28 lakh women were provided `491 crore under the Kapu Nestham.

• The amounts were electronically transferred into 8,78,874 accounts of the DWCRA groups falling under the jurisdiction of SERP and MEPMA. This will benefit a total of 90,37,254 women members who are part of the self-help DWCRA groups, spread across the state.
• The individuals from ladies’ self-improvement gatherings will likewise be qualified to apply and get advance 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 has also concluded that the entire school expenses will be paid for the students. About 11.50 lakh students will be benefitted from this scheme.
• The SHG women were currently securing loans from banks at an interest rate of 7 to 13 percent.

• The government was prioritizing the welfare and development of women and highlighted various schemes the government has introduced for the same.
• The Andhra Pradesh chief minister kick-started the scheme by formally transferring online Rs 1400 crores of money towards reimbursement of interest amount on loans.
• Individuals from women’s self-improvement gatherings will be eligible to apply and receive advances.
• According to the YSR Zero Interest Loan Scheme, no interest will be charged from the candidates taking credit from the state government.
• In line with his election-eve promise last year, Jagan re-launched the zero interest scheme that would benefit about 91 lakh members of SHGs.