YSR Sunna Vaddi Scheme:- The Zero Interest Loan Scheme is another name for the YSR Sunna Vaddi Scheme 2024. YS Jaganmohan Reddy, the chief minister of Andhra Pradesh, has unveiled a new program to aid the state’s poor women. Through this program, all self-help organizations in Andhra Pradesh would be able to get a credit loan with no interest. Read below to get detailed information related to the YSR Sunna Vaddi like highlights, objectives, features, benefits, eligibility criteria, documents required, the application process, search YSR Sunna Vaddi Scheme Beneficiary List, check Your Status, and much more
Table of Contents
AP YSR Sunna Vaddi Scheme 2024
The chief minister of Andhra Pradesh State has introduced the YSR Sunna Vaddi Scheme, which will offer benefits to any qualified poor women who apply. All of the benefiting women will receive loans from the state government with no interest, allowing them to effortlessly manage their finances. More than 91 lakh state women will profit from the success of this program. On this page, every type of information about the AP YSR Sunna Vaddi Yojana has been thoroughly discussed.
All self-help organizations in the state of Andhra Pradesh would be eligible for a free credit loan under this program. The 8.78 million Self Help Groups’ bank accounts have received Rs 1,400 billion thanks to the YSR Zero Interest Loan program. The proposal allows female SHG members to borrow between Rs 20,000 and Rs 40,000 annually. It will help the state’s 91 lakh SHG members who are women. Out of the 8.78 lakh SHGs in existence, 6.95 lakh are situated in rural areas.
YSR Rythu Bharosa Payment Status
YSR Sunna Vaddi Detals in Highlights
| Name | YSR Sunna Vaddi Scheme |
| Introduced By | CM of Andhra Pradesh state |
| Year | 2024 |
| Beneficiaries | Elderly women in SHG |
| Objective | To provide a loan waiver |
| Benefits | Gives SHGs 1,400 crore |
| Official Website | http://navasakam.ap.gov.in/ |
YSR Sunna Vaddi Objective
The main objective of the Scheme is to empower the elderly women of the state and give them financial independence so they can take part in other beneficial activities for socioeconomic development. It provides zero-interest loans to underprivileged women in the state of Andhra Pradesh. 8.78 lakh women who are members of SHGs have received a deposit of Rs. 1,400 crores under this program in their bank accounts. Members of the women’s SHG can obtain a loan under this program for Rs 20,000–40,000 annually.
Through the YSR Sunna Vaddi Scheme 2024, benefits would be made available to more than 91 lakh women SHG members in the state of Andhra Pradesh. 8.78 lakh SHGs are included in this program, 6.95 of which are located in rural areas. The AP YSR Sunna Vaddi Scheme would also provide services for Andhra Pradesh state’s BPL women.
AP YSR Sunna Vaddi Scheme Features
The following are some of the key features of the YSR Sunna Vaddi Scheme 2024
- Another term for the AP Jagananna Sunna Vaddi Scheme is the YSR Zero Interest Loan.
- Women who fall under the Self-Help Group category would be eligible for interest-free bank loans of up to Rs. 1 lakh.
- Only women who are below the poverty line are eligible for the program (BPL).
- In Andhra Pradesh, a loan that is categorized as a non-performing asset (NPA) is ineligible for the YSR Sunna Vaddi Scheme.
- A door-to-door survey will be conducted to determine the beneficiaries of various programs, and the results will be used to define the application process for the YSR Sunna Vaddi Scheme of the Government of Andhra Pradesh.
- Based on the findings of the door-to-door survey, the recipients will be picked by all concerned officers.
YSR Sunna Vaddi Scheme Benefits
The following are a few advantages of the YSR Sunna Vaddi Scheme 2024:
- There will be chances for senior women to gain authority.
- The YSR Sunna Vaddi Scheme’s main advantage is that it grants women financial independence.
- An interest-free loan of up to Rs. 5 lakh would be available to women, and it will be given out by banks directly.
- The Sunna Vaddi Scheme will benefit women in both urban and rural areas.
- Any loan credits earned from a private or governmental bank do not apply to women who take part in self-help groups.
- The Andhra Pradesh government has announced a budget of Rs. 1400 crore, which will be credited to all 8.78 lakh self-help group bank accounts. Chief Minister YS Jaganmohan Reddy.
- The accounts of the farmers who suffered losses received a credit of Rs 132 crore in input subsidies for crop losses in October.
- 14.5 lakh farmers who took out loans and repaid them during Kharif 2019 received the funds in their accounts.
- Women will no longer be responsible for providing the bank with credit for their loans.
YSR Free Crop Insurance Scheme
Eligibility Requirements for YSR Sunna Vaddi Scheme
If any woman wants to make use of the program’s advantages, she must meet the qualifying requirements listed below:-
- The candidate must be a woman.
- The applicant must reside in Andhra Pradesh state permanently.
- A candidate must fall into the category of those who live in poverty.
- The candidate must be a member of an Andhra Pradesh state self-help organization.
- The candidate must not have more than Rs. 500000 in credit.
- A loan that is considered a non-performing asset under the plan is not eligible.
Documents Required
The documents required while filling out the application form are as follows:
- Passport size photograph
- Passport
- Aadhar card
- Voter ID card
- Address proof
- PAN card
- Loan papers
- Below the poverty line certificate
- Property papers
- Self-help group certificate
- Bank account detail
Application Procedures for the YSR Sunna Vaddi Scheme 2024
All applicants who wish to apply under this program must adhere to the following steps:
- YSR Navasakam Scheme handles the application process for this program.
- To determine who will benefit from various programs, the relevant authorities will go door to door.
- Following that, the YSR Navasakam Scheme’s responsible authorities will shortlist the candidates and YSR Navasakam Scheme recipients.
- Additionally, for the successful implementation of this program, the relevant authorities will develop an online portal.
- The same portal will put both plans into action
Steps to Login on the Portal
To log in to the Portal, applicants need to follow the below-given steps:
- First of all, go to the official website of the YSR Sunna Vaddi Scheme.
- The home page will open on the screen
- Now under the login section, enter your username, password, and the captcha code
- Click on sign in button to get logged in to your account
Steps to Check YSR Sunna Vaddi Beneficiary List
Applicants need to follow the below-given steps to search the YSR Sunna Vaddi Scheme Beneficiary List
- First of all, go to the official website of the scheme.
- The home page will open on the screen
- Click on Sunna Vaddi Report
- A new page will open on the screen with the list of districts
- Click on your district
- A new page will open on the screen with the ULB name
- Click on your ULB
- After that, the beneficiary list will be displayed on your screen
Steps to Check Sunna Vaddi Beneficiary Status
To check Your Status, applicants need to follow the below-given steps:
- First of all, go to the official website of the scheme
- The home page will open on the screen
- Click on the know your status option
- A new page will open on the screen
- Now, select the crop year and crop season
- After that, enter the farmer’s Aadhar number
- Finally, click on the submit button to check Your Status
Steps to Know Your Secretariat
Applicants need to follow the below-given steps to check their secretariat
- First of all, go to the official website of the scheme.
- The home page will open on the screen
- Click on the Know Your Secretariat option
- A list of the district will open on your screen
- Click on your district
- After that select, your Mandal and the secretary detail will open on your screen
Steps to View Secretariat Staff Mapping
Applicants need to follow the below-given steps to view Secretariat Staff Mapping
- First of all, go to the official website of the scheme.
- The home page will open on the screen
- Click on the secretariat staff mapping
- A list of the district will open on your screen
- Select your district and then select your Mandal
- Finally, the secretariat staff mapping details will open on your screen