The Andhra Pradesh State Government has launched AP BC Corporation Loans to provide financial assistance for employment generation to the citizens belonging to the backward communities of the state. Through this initiative, the selected beneficiaries will be given financial assistance in the form of loans by the state government to start self-employment. With the help of the loan, all the eligible citizens of the state can start their own business. All those citizens who want to avail the Benefits of this Scheme can now visit the official website and Apply for AP BC Corporation Loans Online Form. Read the article till the end for more information about AP BC Corporation Loan.
About AP BC Corporation Loans
The Andhra Pradesh State Government has introduced the AP BC Corporation Loans to provide economic upliftment to all the backward class citizens of the state. All those citizens of the Andhra Pradesh State who want to start their own business or who already have a small business but don’t have enough Amount for it, then all of them are eligible to avail the Benefits under this Scheme. Under this scheme, only citizens between the age of 20 to 60 years will be selected by the government. The Application Process for this Scheme is completely Online, applicants can easily Apply Online from home without going to any government office.
Also Read :- Andhra Pradesh Ration Card
Key Highlights of AP BC Corporation Loans
| Name of the Scheme | AP BC Corporation Loans |
| Launched By | Andhra Pradesh State Government |
| Announced By | Andhra Pradesh State Chief Minister |
| Launch Date | February 2025 |
| Objective | Provide financial assistance |
| Beneficiaries | Citizens of Andhra Pradesh |
| Eligibility Criteria | Citizens between the age group of 21 to 60 years |
| Required Documents | Aadhaar Card, Bank Account Details |
| Application Process | Online |
| Official Website | https://apobmms.apcfss.in/ |
Financial Benefits
- Under the AP BC Corporation Loans Scheme, eligible citizens will be given Financial Benefits in the form of loans.
Scheme Under AP BC Corporation Portal
Self Employment Schemes:
- Agriculture & Allied Sector
- Transport Sector
- Industry Sector
- Service Sector
- Business Sector Generic
Pharmacies Under MSME:
- Provision of Generic Pharmacies for unemployed youth of backward classes having D. Pharmacy, B. Pharmacy or M. Pharmacy Degree.
Salient Features
- Economic Upliftment: Through this scheme, the Madhya Pradesh State Government will provide economic upliftment to the financially unstable citizens of the state. With the help of which their economic condition will improve.
- Incentive to Start Self-employment: Beneficiaries can Start their own business by getting loan amount under this Scheme.
- Last Date to Apply: The last date to apply for this scheme is 12th February 2025.
- Age Criteria to Apply for this Scheme: All citizens between the age of 21 to 60 years are eligible to avail the Benefits of this Scheme.
Eligibility Criteria
- To avail the Benefits of this Scheme, citizens must belong to any backward class community.
- The citizen must be a permanent resident of Andhra Pradesh.
- The citizens must have a driving license for the transport sector of self-employment schemes.
- The citizens must have a D. Pharmacy / B. Pharmacy / M. Pharmacy degree for generic pharmacy schemes.
- The applicant must have a valid Caste Certificate.
- The age of the applicant must be between 21 to 60 years.
- The citizen must belong to the Below Poverty Line (BPL) category.
Also Read :- AP EWS Certificate
Required Documents
- Aadhar Card
- PAN Card
- Caste Certificate
- Educational documents
AP BC Corporation Loans Apply Online 2025
All the citizens who want to avail the Benefits of this Scheme can Apply online by follow the steps given below:
- Step 1: First you will have to visit the official website and fill out the Application Form Online.
- Step 2: Now click on the “Register” option on the homepage.
- Step 3: The Registration Form will open on your desktop screen, enter all the necessary details.
- Step 4: After entering all the details, attach the required documents.
- Step 5: Then click on the “Submit” option to complete your Registration Process.
- Step 6: After Successfully Registration now “Login” on the Portal.
- Step 7: Now the Application Form will open on your desktop screen, all the required details have to be entered in the Application Form like:
- Belongs
- Aadhaar No
- Mobile No
- Name with Surname
- Father Name
- Gender
- Date of Birth
- Caste
- Sub Caste
- Step 8: After entering all the required details click on the “Save and Submit” option to complete your process.
Content details
- 08662586585
FAQs
Q- Which State launched the AP BC Corporation Loans Scheme?
- The Andhra Pradesh State government launched this Scheme.
Q- Who is Eligible to Apply for the AP BC Corporation Loans Scheme?
- All the citizens of Andhra Pradesh State who belong to the backward community are eligible to Apply for the this Scheme.