Stand Up India Scheme: Empowering SC/ST and Women Entrepreneurs
Bank loans between ₹10 lakh to ₹1 crore for SC/ST and women entrepreneurs to set up greenfield enterprises.
Stand-Up India Scheme was launched in 2016 to facilitate bank loans between ₹10 lakh to ₹1 crore to at least one SC/ST borrower and at least one woman borrower per bank branch for setting up greenfield enterprises.
Loan Details
- Loan amount: ₹10 lakh to ₹1 crore
- Composite loan covering 85% of project cost
- Tenor: 7 years with moratorium period of 18 months
- Interest rate: Base rate + 3% + Tenor premium
Frequently Asked Questions
2. Register and fill application
3. Submit business plan
4. Bank processes and sanctions loan
5. Handholding support through journey
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