Jagananna Thodu 1st Installment status 2020 Rs.10000 Interest-Free Loan

Jagananna Thodu 1st Installment status

Jagananna Thodu 1st Installment 2020 Payment of Rs.10,000 Interest-Free loan is going to Credit to the eligible beneficiaries bank accounts today at 11:00 AM. Beneficiaries who have applied for the Jagananna Thodu Pathakam Offline can check your Bank accounts from today onwards.

According to the given report by the Private and Public Bank Sectors, more than 6 lakh people have applied for the Jagananna Thodu scheme. Around 3.5 Lakh People are eligible for this scheme and 1.22 lakh applications are in pending status, the bank managers said. 

The AP state govt main aim is to give financial support for more than 5 lakh Street vendors and Small Scale business people. After launching the Thodu Scheme, the AP CM Said that every eligible people will get an Instant Interest Free Loan up to Rs.10000 directly to the beneficiary’s bank accounts.

The First Installment amount is going to release on 25th November 2020, He Said. So, the Street vendors, Footpath Merchants, and other Small Scale Business people who have submitted their applications to the respective banks can check the 1st Installment amount today. 

Jagananna Thodu 1st Installment status 2020 Rs.10000 Interest-Free Loan

Recently, the AP CM Jaganmohan Reddy Garu has launched the Jagananna Thodu scheme (Pathakam) for the Street Vendors to provide financial support for their business. Jagananna Thodu Pathakam’s benefit is an Interest-Free Loan up to Rs.10000.

On 25th November 2020, CM Jaganmohan Reddy Garu has released Rs.1000 Crore budget to provide an Interest-Free loan for the small and petty vendors across the State. All eligible beneficiaries will obtain up to ten thousand rupees amount for their Bank accounts directly on 25.11.2020. 

In Ananthapur District, around 66,150 people were selected to get the Scheme amount. Under the Jagananna Thodu Pathakam, all Small and Petty vendors will credit financial support from the state government.

In the below section, we have provided the District wise eligible beneficiaries’ details and released amount. The Men and Women Beneficiaries can go through the below table and check the Thodu Pathakam 1st Instalment status.

Jagananna Thodu Pathakam District wise Data:

Name of the DistrictBeneficiariesLoan (In Crores)
Ananthapur66,150Rs. 66.15
Chittor74,994Rs. 7495
East Godavari90,978Rs. 90.98
Guntur97,530Rs. 97.53
Krishna53,870Rs. 53.87
Prakasham75,416Rs. 75.41
Nellore60,867Rs. 60.86
Srikakulam42,238Rs. 42.23
Vizag87,527Rs. 87.52
Vijayanagaram41,269Rs. 41.26

Objective:

The AP State government’s main objective is to encourage the Street and Petty Vendors to Invest a little amount in their Business. Under this new Programme, every eligible member will get a Free Interest loan up to Rs.10000 from the Banks and paying the Interest amount by the AP State govt. 

Eligible Street Vendors:

  • Vegetable vendors
  • Fruit vendors
  • Small shopkeepers 
  • Pushcart vendors
  • Traditional artisans 
  • Footpath Pan Box vendor and etc.
  • Road Side Tea Stall vendors
  • Tiffin Centers vendors

The Process to Check the Thodu 1st Installment Status:

1st Step: Beneficiaries who have applied for the Thodu Scheme at the nearest Bank must visit the same Bank.

2nd Step: Ask for the Jagananna Thodu Pathakam status to the Bank Officer by submitting the Bank account Passbook.

3rd Step: The Bank Officer will verify the details and let you know the Status of the Thodu Scheme either Credit or not.

4th Step: If you credit the Rs.10000 amount, you can withdraw the Scheme amount and Invest in your Business.

5th Step: If you do not credit the Scheme Amount, you need to Submit the pending Documents to the bank officer and apply again.

Frequently Asked Questions:

Q 1: I did not credit the Jagananna Thodu Scheme amount of Rs.10000? What should I do now?

Answer: If you do not receive the Scheme amount you need to contact the Bank to which you have submitted the Thodu Scheme application. And, ask the Problem of your application and submit the required documents. After scrutinizing the details, the Bank Officers will credit the Scheme amount.

Q 2: When will release Thodu Scheme 2nd Installment Amount?

Answer: We will soon update the Jagananna Thodu Scheme 2nd Installment amount release dates and details here. So, please keep in touch with Digitria.in Portal and get pathakam status.

Q 3: Is the Thodu Scheme amount will credit to the Accounts of eligible beneficiaries?

Answer: Yes. the Banks will credit the Rs.10000 Interest-Free Laon to the eligible Bank accounts.

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