Central government schemes

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Stand Up India

Stand Up India Scheme facilitate bank loans between

https://www.standupmitra.in/

Landline1800 180 1111

Address

Information

Stand Up India Scheme facilitate bank loans between 10 lakh and 1 crore to atleast one scheduled caste (SC) or Scehduled Tribe, borrower and atleast one women per bank branch for setting up a greenfield enterprise. This enterprise may be in manufacturing, services or the trading sector.

Eligibility

SC/ST and/or women entrepreneurs; above 18 years of age

Loans under the scheme is available for only greenfield project. GreenField signifies, in this context, the first time venture of the benefeciary in the manufacturing or services or trading sector

In case of non-individual enterprises,51% of the shareholding and controlling stakes should be held by either SC/ST and/or Women Entrepreneur

Borrower should not be in default to any bank or financial institution

Application Procedure

The scheme which covers all branches of Sceheduled Commercial Banks, will be accessed in three potential ways:

Directly at a Bank Branch

Through SIDBI Stand-Up India Portal (www.standupmitra.in)

Through the Lead District Manager

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