Scheme For Waiver Of Loans To Handloom And Powerloom Sector
✓ Information verified — April 2026This scheme helps weavers, farmers, and self-help groups in Andhra Pradesh who have taken loans from banks. It provides relief by waiving (forgiving) their outstanding loan amounts. The scheme is managed by the Government of Andhra Pradesh and aims to reduce the financial burden on people working in the handloom and powerloom industry.
What You Get
- Loan amount waived for eligible borrowers
- Relief from outstanding debt to scheduled commercial banks
- Debt forgiveness from cooperative banks and RRBs
- Financial burden reduction for weavers and self-help groups
Who Can Apply
- Age: 18–100 years
- Residence: Andhra Pradesh residents only
- Must be a weaver, farmer, or member of a self-help group
- Must have an outstanding loan with a scheduled commercial bank, cooperative bank, urban cooperative bank, or RRB
- Loan must be taken through branches/institutions in Andhra Pradesh
- Must reside in Andhra Pradesh
Documents Needed
0/5 collected
- 1. Aadhaar Card
- 2. Bank Passbook
- 3. Loan Agreement Document
- 4. Identity Proof
- 5. Residence Certificate
How to Apply
- 1Check your eligibility criteria above
- 2Gather all required documents listed below
- 3Visit the official portal (linked below)
- 4Fill the application form online / offline
- 5Submit the form and note your application reference number
- 6Track status on the official portal or visit nearest CSC
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Quick Facts
- Scheme Level
- Andhra Pradesh
- Category
- Social Welfare
- Target Gender
- All genders
- Age Group
- 18–100 years
- Application
- Check portal
- Last Updated
- 25 Apr 2026
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