OPENBusiness & Loans
Stand-Up India Scheme — ₹10 Lakh to ₹1 Crore Loan for SC/ST & Women Entrepreneurs
Stand-Up India facilitates bank loans of ₹10 lakh to ₹1 crore to at least one SC/ST and one woman borrower per bank branch for greenfield enterprises.
Benefit
Composite loan (term + working capital) ₹10 lakh – ₹1 crore
Ministry
Department of Financial Services, Ministry of Finance
Beneficiaries
Targeted at 2.5+ lakh borrowers
Overview
- ✦Loan covers up to 85% of project cost (borrower contribution: 15%).
- ✦Interest rate is the lowest applicable rate of the bank for the category, not exceeding base rate + 3% + tenor premium.
- ✦Repayment in 7 years with maximum moratorium of 18 months.
Eligibility Criteria
- ✦SC/ST and/or Woman entrepreneur, aged 18 years and above
- ✦For non-individual enterprises: 51%+ shareholding must be held by SC/ST and/or Woman entrepreneur
- ✦The enterprise should be a Greenfield project — first-time venture in manufacturing, services, trading or allied agriculture
- ✦Borrower should not be in default with any bank/financial institution
Not sure if you qualify?
Answer a few quick questions and get an instant eligibility score for this scheme.
Start Eligibility Check →Required Documents
- ✦PAN Card, Aadhaar Card
- ✦Caste certificate (for SC/ST)
- ✦Detailed Project Report (DPR)
- ✦Last 3 years ITR (if any)
- ✦Bank statements (last 6 months)
- ✦Quotations for machinery and other capital expenditure
- ✦Proof of business premises (rent agreement / ownership)
- ✦Photographs
How to Apply
- 1Register on standupmitra.in for handholding support
- 2Choose your bank branch and apply online or in-person
- 3Submit DPR, KYC and supporting documents
- 4Bank evaluates the project and conducts due diligence
- 5On sanction, loan is disbursed in tranches as per project milestones
- 6Avail handholding support (training, mentor, market linkages)
Important Dates
Scheme extended till 2025 and beyond. Open throughout the year — apply anytime.
Frequently Asked Questions
Who is eligible for Stand-Up India loan?
SC/ST individuals and/or women entrepreneurs aged 18+ setting up a Greenfield enterprise in manufacturing, services, trading or allied agriculture.
What does Greenfield enterprise mean?
It is the first-time venture of the beneficiary in the specified sector — not an expansion of an existing business.
Is collateral required?
Loans are covered under Credit Guarantee Scheme for Stand-Up India (CGSSI), so primary security is the asset financed; collateral is not mandatory.
Apply for Stand-Up India — check eligibility now
Check Eligibility →Related schemes