YSR Zero Interest Loan Scheme 2021 AP Jagananna Sunna Vaddi Status 1st, 2nd Installment

YSR Zero Interest Loan Scheme

YSR Zero Interest Loan Scheme has initiated by the Andhra Pradesh Chief Minister YS Jaganmohan Reddy Garu on 24th April 2020 (Friday) to provide bank loans up to one lakh without Interest.

YSR Zero Interest Loan is also called AP Jagananna Sunna Vaddi Scheme. This scheme’s main intention is to give the bank loan to one Crore woman of the SHG’s Groups in the AP State.

The AP CM Jaganmohar Reddy has released the Rs.1400 Crore budget to credit the amount directly to the 8.78 lakh self-help group bank accounts. Under this AP YSR Zero Percent Interest Loan Scheme, more than ninety-one lakh women beneficiaries will get Sunna Vaddi loans from reputed banks. 

YSR Zero Interest Loan Scheme AP Jagananna Sunna Vaddi

YSR said that this scheme amount will be credited to beneficiaries group accounts directly through the Direct bank transfer System. There is no third-party System that will be interference with this scheme.

After launching the YSR Sunna Vaddi Scheme, the AP CM Jaganmohan Reddy Garu had a chit chat with the SHG’s Group members district-wise through the Video conference on Friday to know their feelings about this scheme. 

N. Chandrababu Naidu Srapped it:

The TDP Head Chandrababu Naidu Garu said that this YSR Zero Percent Interest Loan scheme had been introduced by the Former CM YSR Rajasheker Reddy Garu and alleged that the TDG government was Srapped this scheme in the year 2016. He said that, after crediting the scheme amount into the SHG’s groups accounts, the Bank will be charged 7-13% Interest.


The main aim of the YSR Zero percent Interest Loan Scheme is to provide financial support to the SHG’s Groups in AP state without interest. Under this scheme, the SHG’s group of women will get up to 1 lakh financial bank load without Interest. And this scheme will be applicable to the beneficiaries who are members of self-help groups.

Eligibility Criteria:

1. The Beneficiaries should be Permanent residents of Andhra Pradesh.

2. The Andhra Pradesh woman should be a member of the SHGs group.

3. The old or new SHGs group members should not have any bank loans.

4. The New SHG Groups and old SHG groups will eligible for this scheme.

5. Only the women beneficiaries will eligible for this scheme.

6. The other state Migrant People who have been added to SHGs Groups also will apply for this scheme.

An Overview:

Article CategoryState govt Scheme
Name of the Scheme YSR Zero percent Interest Loan Scheme 
Scheme Initiated byAP CM YS Jaganmohan Reddy Garu
Launched on24th April 2020 (Friday)
BeneficiariesSHG’s Groups
Allotted budgetRs.1400 Crore
Number of BeneficiariesMore than 9 Lakh
Number of SHG’s Groups8.78 lakh
Official websitewww.ap.gov.in
1st Installment Status Check Here
2nd Installment StatusAvailable Soon

Frequently Asked Questions:

Q 1: When will release AP Jagananna Sunna Vaddi Scheme bank loan?

Answer: Already, the AP CM released the YSR Sunna Vaddi Loan amount to the SHGs Bank accounts.

Q 2: How to check Sunna Vaddi’s loan amount Credited or not?

Answer: The SHGs Group head can visit the home Branch bank and ask for a scheme amount either credited or not.

Q 3: How much loan amount will be credited to the SHGs group bank account?

Answer: We are expecting that each SHGs group will get up to 12 lakh loan amount without Interest. So, each group member will obtain up to 1 lakh Sunna Vaddi loan.

Q 4: When will re-pay the Scheme amount?

Answer: All SHGs groups must re-pay the YSR Zero percent Interest Loan Scheme amount without interest Installment wise.

Q 5: How to apply for the YSR Zero Percent Loan amount Scheme?

Answer: There is no online and offline application Process for this scheme. The banks will credit the loan amount directly to the existing SHGs group bank accounts.

Q 6: What is the time duration to repay the loan amount?

Answer: The respective Banks will set the Installments depending on your loan amount.

Also Check: YSR AP Navasakam Scheme & Portal Login

One thought on “YSR Zero Interest Loan Scheme 2021 AP Jagananna Sunna Vaddi Status 1st, 2nd Installment

  1. 1 lak. Antey Okariki yentha jama avvuthundhi ammount ..10 members ki yentha paduthundhi.. Zero internet loan Plz help line number give me

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