Stand Up India

About This Scheme

Stand Up India facilitates 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 in manufacturing, services, agri-allied activities, or trading.

Ministry: Department of Financial Services, Ministry of Finance

Eligibility

SC/ST and/or women entrepreneurs above 18 years; the borrower should not be in default to any bank/financial institution; for non-individual enterprises, 51% controlling stake must be held by SC/ST or women entrepreneur; the enterprise must be greenfield (new).

Key Benefits

• Composite loan of ₹10 lakh to ₹1 crore (term loan + working capital)
• Repayment period up to 7 years with moratorium of up to 18 months
• CGTMSE coverage available for collateral-free lending
• Margin money: 25% (can include convergence with eligible schemes)
• One borrower per category per bank branch guaranteed

Application Process

1. 1Visit standupmitra.in and register as a borrower
2. 2Or approach any scheduled commercial bank branch directly
3. 3Submit application with project report and required documents
4. 4Bank branch Lead District Manager (LDM) facilitates the loan
5. 5Loan sanctioned with CGTMSE guarantee if collateral not available

Documents Required

• Identity and address proof
• Caste certificate (SC/ST) or gender proof (women)
• Business plan / Detailed Project Report
• Proof of premises (owned/rented)
• Quotations for machinery and equipment
• Income tax returns (if applicable)

Official Links

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