Stand-Up India Scheme

In simple words

Bank loans for women, SC and ST entrepreneurs to start a new business.

What you may get

Bank loans between Rs 10 lakh and Rs 1 crore for a new (greenfield) enterprise in manufacturing, services, agri-allied activities or trading. The loan may be a composite of term loan and working capital, with cover under the Credit Guarantee Fund Scheme for Stand-Up India Loans.

Who it is for

Women, SC or ST entrepreneurs above 18 years of age may apply.

Main eligibility conditions

• Only for a first-time (greenfield) enterprise.
• Borrower margin money of at least 15 percent.
• Borrower must not be in default to any bank.

Conditions we could not check

• Only for a new (greenfield) venture in manufacturing, services, trading or activities allied to agriculture.
• Borrower must not be in default to any bank or financial institution.
• For non-individual enterprises, 51 percent of shareholding and control must be held by SC, ST and/or women.
• Current validity of the scheme was not confirmed.

Documents you may need

We could not confirm a document list. Check the official source.

How to apply

1. Approach a bank branch, or use standupmitra.in.
2. Use the portal for guidance and handholding support.

Detailed application steps could not be confirmed. Open the official source below.

Application fee

We could not confirm an application fee.

Application dates

• Current deadline could not be confirmed. Check the official source.