Jagananna Thodu Scheme has launched by the Andhra Pradesh CM YS Jaganmohan Reddy Garu on 6th November 2020. The Jagananna government is all set to introduce the YSR Jagananna Thodu Programme to develop the Small Scale Industrias across the Andhra Pradesh state especially to those engaged in traditional occupations.
The main objective behind initiating the new Innovative scheme is to give Financial support for the Small Scale business People, street vendors, hawkers, and artisans. Under the AP Government’s Jagananna Thodu Scheme all eligible beneficiaries will get Rs.10000 Interest-Free loan from the Private and Public banks. So, beneficiaries who want to seek a Loan from the respective banks without Interest can apply for this scheme.
The AP Govt is gonna help the People who are struggling with the high rate of Interest rates. So, Citizens of AP who have already taken the Business loan from the respective private or public bank can attach the Thodu Scheme application form and Decrease the rate of Interest.
Jagananna Thodu Scheme 2020 Apply Online
The Interest-Free term Loan of ten thousand would be offered to the people who are running the Small Scale street Businesses and traditional handicrafts works. AP YSR Thodu Scheme is the state level Innovative Programme which has been implemented by the Social Welfare of AP to provide financial assistance.
Eligibility Criteria:
1. The Beneficiary’s age should be over eighteen years.
2. Applicants Family income should be less than ten thousand in rural areas and twelve thousand in urban areas. Both village and Town people will allow applying for this scheme.
3. Beneficiaries must hold the Original Aadhar Card, Voter ID Card, and White Ration Card. The Green Ration Card-holders and govt employees are not eligible for this scheme.
4. The applicants who are Interest to apply for the Jagananna Thodu new programme must be permanent Citizen of Andhra Pradesh state.
5. People who are carrying goods, Food, or any other items to sell in AP state are eligible for this scheme.
6. The Road Side Carts and carrying goods from one place to another place are also eligible for this scheme.
7. People who are selling the goods on two Wheelers, motorcycles, and autos are eligible.
Benefits of the Scheme:
The Eligible AP state street business people will get Interest Free term Loan up to 10000 from the State government banks.
Overview:
| Scheme Name | Jagananna Thodu Scheme |
| Post Category | State government Scheme |
| Scheme Launched by | AP CM Jaganmohan Reddy Garu |
| Introduced date | 09/11/2020 |
| Mode of Registration | Online |
| Eligible Beneficiaries | Street Vendors, hawkers, artisans |
| The benefit of the Scheme | Interest-Free Loan up to Rs.10000 |
| Official website | www.ap.gov.in |
| State government | Andhra Pradesh |
| Project Cost | Rs.474 Crores |
Also Read: AP amma Vadi Scheme Apply Online
The Process to apply for Jagananna Thodu Scheme 2020:
1st Step: Candidates who want to apply for the Thodu Scheme must visit the Nearest Private or Public Bank.
2nd Step: And, Ask for the Jagananna Thodu Scheme application form.
3rd Step: Next, Beneficiaries should fill the Complete application form with the genuine Credentials like Name of the applicant, Father Name, Business Name, District, Mandal, Village, State, Age, Date of birth, Loan account number (If any), Aadhar number, Mobile Number, Email ID and etc.
4th Step: Then, you need to attach the Photo of the applicant, a copy of the Aadhar Card, and Address Proof.
5th Step: After filling the Jagananna thou Offline Form, you need to submit the prescribed application form to the Bank Loan Officer.
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