YSR Sunna Vaddi Scheme Apply Online & Application Form | AP YSR Sunna Vaddi Scheme Check Form of Benefit & Last Date | YSR Sunna Vaddi Scheme Check Covered Areas & Interest Rate | AP YSR Sunna Vaddi Scheme Check Eligibility & All Details |
The State Government of Andhra Pradesh has launched the YSR Sunna Vaddi Scheme so that women applicants will be able to carry out or borrow loan amounts at zero interest rates. This scheme can only be availed by the members of Self-Help Groups only. This will provide financial stability to the women applicants by which they will be able to stand up on their own feet. The applicants will be advised to apply online before the last date.
Today through this article we will provide you with all types of information about the YSR Sunna Vaddi Scheme 2023 like purpose, Eligibility Criteria, Benefits, Features, important documents, etc. Apart from this, we will share with you the process to apply online for this scheme. To get complete information about this scheme, read this article till the end.
YSR Sunna Vaddi Scheme
The Chief Minister of Andhra Pradesh has launched the YSR Sunna Vaddi Scheme so that the women working in the Self Help Groups (SHGs) will be able to avail the loan amounts at the 0% interest rates that will provide them the stability to return the amount of borrowed loan to the lending institution after the tenure has been completed. This scheme can only be availed by the women applicants living in the AP state.
Now the women will be able to become self-independent and self-empowerment after applying online for the YSR Sunna Vaddi Scheme. This scheme will provide them with financial stability because the women will be able to carry out loans. At the time of returning the loan amount, the women will not be charged any interest rates that will need to be paid within the amount of borrowed loan amount.
Highlights Of YSR Sunna Vaddi Scheme
The highlights of this scheme are as follows:-
| Name of the Scheme | YSR Sunna Vaddi Scheme |
| Launched by | Chief Minister YS Jagan Mohan Reddy’s |
| Delegated State | Andhra Pradesh |
| Department | Department of Agriculture |
| Allotted Portal | Karshak Portal |
| Applicable to | Citizens of Andhra Pradesh |
| Objective | To bring financial stability to women |
| Benefit | Women of SHGs will be able to carry out their needs and fulfill |
| Beneficiaries | Women |
| Beneficiary Category | Women of Self-Help Groups |
| Form of Benefit | Facilitation of Loan Amounts |
| Interest Rate | 0% Interest Rate |
| Last Date To Apply Online | Will be updated soon |
| Hosting Site | National Information Center (NIC) |
| Mode of application | Online |
| Official Website | www.karshak.ap.gov.in |
Objectives Of AP YSR Sunna Vaddi Scheme
The major objective of launching the YSR Sunna Vaddi Scheme is to provide financial help and support to the women applicants so that they will be able to carry out or fulfill their needs after getting the financial assistance offered to them. The women will be given chances to undertake loans at 0% interest rates.
Another objective of launching the AP YSR Sunna Vaddi Scheme is to provide or lend loan amounts to women or members of Self-Help Groups so that they will be able to carry out their needs without becoming dependent on others. This scheme will put emphasis on providing social welfare to the women applicants.
Beneficiary Category
This scheme will be given or provided to the applicants on the basis of beneficiary category that has been set up or fixed by the selection body. This scheme can only be availed by the residents of Andhra Pradesh who are women working in the Self-Help Groups (SHGs) wanting to undertake loans.
Facilitation of Loans
This scheme will facilitate the lending and borrowing of loans among the beneficiaries wanting to undertake so. The government will provide the loan amounts to the women working or the members of SHGs so that they will be able to carry out their self-needs after getting this loan amount offered to them.
Rate of Interest
If we will discuss the details of the interest rate that will be applicable to the amount of loan that will be borrowed by the women of SHGs which will also need to be get paid by the women at the time of returning the borrowed amount then it will be right to say that the government will charge no rate of interest which means there is 0% rate of interest being charged on the amount of loan.
Covered Areas
The following areas will be covered in order to provide loans:-
- Rural Areas
- Urban Areas
Financial Stability
The women will be able to become financially independent after applying online for this scheme because this scheme will bring financial stability to the women applicants by which they will be able to carry out or fulfill their basic needs for which they have undertaken loan amounts. They will not need to pay any interest rates.
YSR Sunna Vaddi Scheme Last Date
As this scheme has been recently launched, the last date to apply online for this scholarship has not been updated yet through the use of social networking sites. Whenever the last date of online form submission will be launched, we will update you through this article by which you will be able to get registration.
Benefits Of AP YSR Sunna Vaddi Scheme
The benefits of this scheme are as follows:-
- Women will be able to become self-empowered.
- This will bring financial stability to the women applicants.
- Women will be able to avail of the loan amount.
- The beneficiaries will not be charged any interest rates that need to be paid within the loan amount.
- One can apply online before the last date for getting timely registration.
- Self Help Groups will be empowered.
Features Of YSR Sunna Vaddi Scheme
The features of this scheme are as follows:-
- The State Government of Andhra Pradesh has launched the YSR Sunna Vaddi Scheme.
- This scheme can only be availed by the residents of Andhra Pradesh.
- Only women applicants working in the Self Help Groups will be given loan amounts.
- No rate of interest will be charged on the amount of loan being borrowed by the women applicants.
- The last date to apply online will be updated soon.
- For getting more information, one can visit the official website.
YSR Sunna Vaddi Scheme Eligibility Criteria
The applicants will need to follow the below-mentioned points to apply online for AP YSR Sunna Vaddi Scheme:-
- The applicant must be a resident of Andhra Pradesh.
- The applicant must be a woman.
- She must be a member of the Self-Help Group.
- The women must belong to the BPL category.
Important Documents
Some of the important documents required to apply online under this scheme are as follows:-
- Aadhar Card
- BPL Certificate
- Residential Certificate
- DOB Certificate
- Bank Account Details
- Property Papers
- Self-Help Group Certificate
- Latest Passport Size Photograph
- Mobile Number
- Email ID
Process To Apply Online Under YSR Sunna Vaddi Scheme
As this scheme has been recently launched no such information has been released with the help of various social networking sites regarding the application procedure to apply online for the AP YSR Sunna Vaddi Scheme. Whenever the application procedure will be launched, we will update you through this article otherwise the applicant can visit the Official Website.
To Do Login
The applicants will need to follow the below-mentioned points to do login:-
- Visit the official website first.
- Now you will get land on the homepage.
- On the right-hand side of the screen, the login page will get displayed on your screen.
- Enter the asked details such as:-
- User ID
- Password
- Now click on the Sign In button.