Stand-Up India Scheme

About the Scheme

Stand-Up India was launched on 5 April 2016 to facilitate bank loans between ₹10 lakh and ₹1 crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch for setting up a greenfield enterprise. The enterprise may be in manufacturing, services, or trading. The scheme also provides for margin money up to 25% of the project cost.

Benefits

• Loan from ₹10 lakh to ₹1 crore
• Composite loan (inclusive of term loan and working capital)
• Margin money up to 25% of project cost
• Repayment period up to 7 years with max 18 months moratorium
• Handholding support through Stand-Up India portal

Eligibility Criteria

• 1SC/ST and/or woman entrepreneur
• 2Age 18+ years
• 3Greenfield enterprise (first time in manufacturing, services, or trading)
• 4Borrower should not be in default with any bank

Documents Required

Frequently Asked Questions