Application, Eligibility, and Benefits of the YSR Sunna Vaddi Scheme 2022

Benefits Of YSR Sunna Vaddi Scheme

The basic benefits of this scheme are as follows:-

• The benefit of this scheme will be provided to the elderly women of Andhra Pradesh who belong to self-help groups.
• The government will be off the loan in order to save them from the financial burden.
• YSR Sunna Vaddi Scheme has been implemented to provide a free credit loan to all the self-help groups of the Andhra Pradesh state.
• This will help in bringing the development in the rural areas and the lives of the poor woman.
• The women belonging to Andhra Pradesh who are working under self-help groups will be able to live their life without worrying about any financial hurdles.
• It will empower the elderly ladies of the state and provide them with financial freedom.
• It will help in bringing the development into the lives of needy women.
• The other objective of launching the AP Sunna Vaddi Scheme
•  is to provide growth to the self-help groups across the state.
• The zero-interest loan will be provided to these women in their time of need.
• All the applicants who want to apply under this scheme will have to visit the official website of Navasakam.

Features Of YSR Sunna Vaddi Scheme

The main features of this scheme are as follows:-

• A new scheme has been launched by the government of Andhra Pradesh to help the elderly women of the state.
• The name of this scheme is YSR Sunna Vaddi Scheme.
• With the help of this scheme, a free credit loan to all the self-help groups in the state will be provided.
• The main objective of implementing this scheme is to help the elderly female candidates of Andhra Pradesh.
• The main motive is to empower the elderly ladies of the state and provide them with financial freedom.
• Also, it will help in enhancing their livelihood opportunities and encouragement in the development of rural areas.
• The outstanding loan of Rs. 5 lakhs will be waived off of all the self-help groups of women belonging to both rural and urban areas.
• AP Sunna Vaddi Scheme will help in providing loans to the self-help groups and will provide a loan at 0% interest.
• It will help in improving the financial condition of these women and providing great growth to them.
• The loan which has been taken by the woman from any of the private or government banks will be waived off.
• It will help in making them financially independent and free from all the burden of giving credit.

Eligibility Criteria

The basic eligibility criteria of the YSR Sunna Vaddi Scheme are as follows:-

• An applicant must be a permanent resident of Andhra Pradesh.
• The candidate must be a female
• An Applicant must belong to below the poverty line category
• The applicant must have a credit amount of less than rupees 500000.
• The candidate must belong to the self-help group of Andhra Pradesh state.
• A loan that falls under the Non-Performing Asset of NPA is not eligible for the scheme.

Documents Required

The documents to apply under YSR Sunna Vaddi Scheme are as follows:-

• Aadhar card
• Voter ID card
• Passport
• PAN card
• Below the poverty line certificate
• Passport size photograph
• Self-help group certificate
• Loan papers
• Bank account detail
• Property papers
• Address proof

Process To Apply Under AP YSR Sunna Vaddi Scheme 2022

All the applicants who want to apply under this scheme will have to follow the procedure:-

• The application procedure for this scheme is undertaken by YSR Navasakam Scheme.
• The door-to-door will be conducted by the concerned authorities to identify the beneficiaries of different schemes.
• After that, the concerned authorities of this scheme will shortlist the candidates along with the beneficiaries of the YSR Navasakam Scheme
• Also, the online portal will be launched by the concerned authorities for the successful implementation of this scheme
• Both the schemes will be implemented by the same portal.

The application procedure for this scheme is also undertaken by the YSR Navasakam scheme. Under the YSR Navasakam scheme, door to door survey was conducted for identifying the beneficiaries of different schemes which was launched by the Chief Minister of Andhra Pradesh state. A shortlist has been prepared by the concerned authorities of the YSR Navasakam scheme and through it, the beneficiaries of the YSR Sunna Vaddi Scheme will also be decided. Although, it is said by the concerned that soon an online portal will launch for the implementation and working of the YSR Sunna Vaddi also.

Chief Minister YS Jagan Mohan Reddy launched the YSR Zero Interest Loan scheme, under which Rs 1,400 crore has been credited to the bank accounts of 8.78 lakh Self Help Groups (SHGs). Under the scheme, women SHG members can avail of loans of Rs 20,000-40,000 a year. It will benefit over 91 lakh women SHG members across the State. Of the 8.78 lakh SHGs, 6.95 are in rural areas.

All Applicants who are willing to apply online application then download the official notification and read all eligibility criteria and application process carefully. We will provide short information about “YSR Sunna Vaddi Scheme 2022” like Scheme benefits, Eligibility Criteria, Key Features of the Scheme, Application Status, the Application process, and more.

AP CM YS Jagan Mohan Reddy Ji released the amount to farmers under the YSR Sunna Vaddi Panta Runalu scheme beside the input subsidy for crop loss. Approx ₹ 510.32 crores were deposited into the bank account of 14.58 lakh farmers towards interest subsidy for 2019 Kharif crop loans. ₹ 132 crores were credited into bank accounts of 1.98 lakh farmers towards input subsidy for damaged crops in the month of October. The Govt provides input subsidies to the farmers to cover the losses in the same crop season.

Andhra Pradesh Chief Minister YS Jagan Mohan Reddy virtually launched YSR Sunna Vaddi (interest-free loans) scheme and released Rs 510.30 crore interest subsidy on the crop loans under the YSR Sunna Vaddi scheme at the CM Camp Office in Tadepalli.

The Government of Andhra Pradesh has created a new scheme known as the YSR Sunna Vaddi Scheme in order to provide help to the poor elderly women of the state. This scheme will help in providing free credit loans to all the self-help groups in the state. In this article today we will share with you all the important information related to YSR Sunna Vaddi Scheme 2022 such as the objective, eligibility criteria, important documents, and benefits. Also, we will share with you all the step-by-step application procedures to apply under the same scheme.

A new scheme has been launched by the respected Chief Minister of YSR Jagan Mohan Reddy. Under the scheme, the free credit loan will be provided to the self-help groups members of Andhra Pradesh. It will also help in reducing the interest burden on the shoulders of poor elderly self-help groups women. The main objective of launching the YSR Sunna Vaddi Scheme is to provide help to the poor women of the state as it will enhance their livelihood opportunities. Also, the government has launched this scheme to improve the financial condition of the self-help group women along with social security.

The primary objective of launching this scheme is to provide help to the elderly woman of Andhra Pradesh who belongs to self-help groups. With the help of this scheme, better ways for the development of needy women will be provided to them. The government will provide a loan at 0 interest rate to these women in order to improve their financial condition. Also, YSR Sunna Vaddi Scheme will help in providing growth to the self-help groups which bring development to the rural areas. The main objective of launching this scheme is to improve the financial condition of a woman who belongs to self-help groups.

The new scheme was presented by the esteemed YSR Minister Jagan Mohan Reddy. Under this scheme, free loans will be provided to self-help groups for members of Andhra Pradesh. It will also help to reduce the burden of interest that falls on the shoulders of poor older women.

The main purpose of launching the YSR Sunna Vaddi Scheme is to provide assistance to the poor women of the province as it will improve their livelihood opportunities. Also, the government has introduced a scheme to improve the financial status of women in self-help groups and social security.

Andhra Pradesh Government has launched YSR Sunna Vaddi Scheme. This scheme was launched in 2021 to help the poor women of the Andhra Pradesh state. This Scheme has launched to empower the elderly women of the state by providing Zero interest loan facilities to them. Today in this article, we are going to share important aspects of the scheme. We will share every important aspect such as the application procedure, eligibility criteria, benefits, and also the selection procedure of the scheme. We will clear each and every query about the YSR Sunna Vaddi scheme Status in this article. So you are requested to read this article till the end.

This scheme has been launched by the Andhra Pradesh Chief Minister. The main objective of YSR Sunna Vaddi is to provide a free credit loan to all of the self-help groups in the Andhra Pradesh state. The main eligibility criteria are that only the female candidates of the Andhra Pradesh State will be eligible for the scheme. In this Scheme, the applicant must be a female. The main motive of the YSR Sunna Vaddi scheme is to empower the elderly women of the state and give them financial Assistance and stand them so that they become financially independent.

AP Government wants to provide benefits to elderly women through the implementation of the scheme. By the implementation of the YSR Sunna Vaddi scheme Status, it is decided that only the women who are not taking any loan facility from government banks or private banks, will be eligible. It will make sure that an elderly woman who is engaged in SHG is waived from all the credits of the loans that she will be taking from any of the private or government banks in Andhra Pradesh State. This will help all needy women to be financially independent and to be free from the burden of giving credits to the bank on their loans.

The application procedure for the scheme is also undertaken by the YSR Navasakam scheme. Under the YSR Navasakam Scheme, door to door survey was conducted for identifying the beneficiaries of different schemes, which was launched by the Chief Minister of Andhra Pradesh. By door-to-door survey, a shortlist has been prepared by the concerned authorities of the YSR Navasakam scheme and through it, the beneficiaries of the scheme will also be decided by this survey. Although, it is said by the concerned authority that an online portal will be launched as soon as possible for the implementation and functioning of the YSR Sunna Vaddi.