YSR Sunna Vaddi Scheme 2024- Govt. to release ₹1,353 crore, Direct Link

A new scheme has been launched by the CM YS Jaganmohan Reddy of Andhra Pradesh to help poor women of the state. With the help of this scheme, the interest-free credit loan will be provided to all the self-help groups of Andhra Pradesh. The name of this scheme is YSR Sunna Vaddi Scheme 2024 and it is also called Zero Interest Loan Scheme. In this article today we will share with you all the information related to Zero Interest Loan Schemes such as the objective of the scheme, eligibility criteria, and important documents. Also, we will share with you all the application procedures to apply for YSR Sunna Vaddi Scheme

About YSR Sunna Vaddi Scheme

Under the Zero Interest Loan Scheme, the women candidates of Andhra Pradesh will benefit from the interest-free credit loan. The main aim of launching the Scheme is to empower the elderly ladies of the state and to provide them with financial freedom so that they would be able to take another productive activity for socio-economic development. This scheme is quite helpful for women’s empowerment as they will be able to increase their production.

Also Read: YSR Bheema Scheme

Government to Release 1353 crore under Sunna Vaddi

The Government of Andhra Pradesh has announced the distribution of Rs.1,353.76 crore into the bank account of 1,05,13,365 eligible women who are a part of 9.48 lakh Self Help Groups. The announcement was made on the 11th of August 2023. According to the reports,  the Chief Minister of Andhra Pradesh Y.S. Jagan Mohan Reddy will release the amount under the programme of Amalapuram in the Konaseema district. The government convinced the banks to reduce the loan interest rate, which will ultimately reduce the burden on Self Help Groups to the tune of ₹1,224 crore. This made it easier to recover 99.67% of the loans and gave SHG women stable incomes and prospects for sustainable livelihoods.

YSR Sunna Vaddi Scheme New Update

The chief minister of Andhra Pradesh has released Rs. 510 crore interest subsidy for Kharif crops across the state under the YSR Sunna Vaddi scheme which will benefit the 14.58 lakhs of farmers. Along with that 132 crore subsidy has been released for the proper losses that occurred during October 2022 due to heavy rains. He also announced the crop loan insurance claim to the 1800 crore farmers will be paid till December. This scheme will encourage the farmers to repay the crop loans to avail the interest in the past.

The objective of the YSR Sunna Vaddi Scheme

As we all know many women are not able to bring development in their life due to weak financial conditions. This results in them not being able to do production regularly. Keeping this in mind the chief minister of Andhra Pradesh has launched YSR Sunna Vaddi Scheme. With the help of this scheme, the Zero Interest Loan will be given to the women to provide growth to the self-help groups.

Details Of Zero Interest Loan

Name of the scheme	YSR Sunna Vaddi Scheme
Launched by	CM YS Jagan Mohan Reddy
Launched for	Elderly women in Self-Help Group
Objective	To provide Loan

Implementation Of the YSR Sunna Vaddi Scheme

With the implementation of the Zero Interest Loan Scheme, around 90 lakh females who belong to self-help groups will benefit from the interest-free loan. The monetary help will be given to the women for their empowerment and financial freedom. This scheme will help a total number of 90,37,254 single ladies who are part of the Self-Help Group spread over the state. This is the great help that will give to the women for their betterment

Benefits of Zero Interest Loan

• There will be the availability of empowerment of elderly women.
• The woman who is engaged in a self-help group is waived from all the credits of the loan that will be taken from any private or government banks.
• The main benefit of the YSR Sunna Vaddi Scheme is to provide financial independence to women.
• The women will be free from the burden of giving credit to the bank on their loans.

Eligibility Criteria

• An applicant must be a permanent resident of Andhra Pradesh.
• An applicant should be a female
• The applicant must have a credit amount of less than 5 lakh.
• An applicant must belong to below the poverty line
• The candidate must belong to a self-help group of Andhra Pradesh
• An applicant must have a working bank account

Important Documents

• Voter ID card
• Passport
• PAN card
• Aadhar card
• BPL certificate
• Passport size photo
• Self-help group certificate
• Loan papers
• Bank account details
• Property papers
• Address proof

Process To Apply For the YSR Sunna Vaddi Scheme

The application procedure to apply for YSR Sunna Vaddi Scheme has been undertaken by the YSR Navasakam Scheme. Under this scheme, a door-to-door survey has been conducted for identifying the beneficiaries of different schemes and the shortlist has been prepared by the concerned authorities of the YSR Navasakam Scheme. And the Beneficiaries of the interest Loan will also be decided by them. The online portal for the implementation and the working of YSR Sunna Vaddi will launch soon.

Search YSR Sunna Vaddi Scheme Beneficiary List

• First, visit the Official Website.

• The home page will appear in front of you.
• On the homepage, look under the section of Reports.
• Now click on the Sunna Vaddi Report option.

• A new web page will display in front of you.
• Here, you have to choose your district.
• A new web page will appear, here select the ULB Name.
• The beneficiary list will appear in front of you.

Process To Do Login

• First, visit the Official Website.
• The home page will appear in front of you.
• On the homepage, enter your Username, Password, and Captcha Code
• Now, click on the Login button

Know Your Secretariat

• First, visit the Official Website.
• The home page will appear in front of you.
• On the homepage, click on Know Your Secretariat option.

• A new page will appear in front of you.
• Here, you have to click on your District option
• After selecting your District, choose your Mandal 
• After choosing your Mandal the secretary details will appear on your screen.

View Staff Mapping

• First, visit the Official Website.
• The home page will appear in front of you.
• On the homepage, click on Secretariat Staff Mapping.

• A new web page will appear in front of you.
• Here, you have to select your District
• After selecting your District, choose your Mandal.
• After choosing your Mandal the secretariat staff mapping details will appear on your screen.

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