EnterpriseNational SchemeOngoing
Stand Up India — SC/ST and Women Entrepreneur Bank Loan
Stand Up India ensures at least one SC/ST and one woman entrepreneur per bank branch gets a greenfield enterprise loan of Rs 10 lakh–1 crore.
Ministry of Finance, GoI
What you get
Loan range: Rs 10 lakh to Rs 1 crore. For manufacturing, services, trading and agri-allied greenfield enterprises. Composite loan: working capital (CC) and term loan. Repayment: 7 years (max). Moratorium: 18 months. Margin money (own contribution): 15%. Collateral security: hypothecation of assets, third party guarantee may be waived.
Who can apply
SC, ST or women entrepreneurs above 18 years setting up first-time (greenfield) enterprise. Not in default with any bank.
For: SC/ST and women first-time entrepreneurs
- First-time (greenfield) enterprise only
- Not in default with any lender
- 15% margin money required
Documents required
General
- Aadhaar card
- PAN card
- Bank account
- Caste certificate (SC/ST) or gender proof
- Business plan
- Property documents (if any)
Scheme code: StandUp India/2016