Stand-Up India
Composite loan ₹10 lakh–₹1 crore · SC/ST & women greenfield enterprises · bank branches
Stand-Up India gives bank loans of ₹10 lakh to ₹1 crore to SC/ST entrepreneurs or women who want to start a new greenfield business in manufacturing, services, trading, or agriculture-allied activities. Each bank branch must lend to at least one SC/ST borrower and one woman borrower.
About This Scheme
Stand-Up India gives bank loans of ₹10 lakh to ₹1 crore to SC/ST entrepreneurs or women who want to start a new greenfield business in manufacturing, services, trading, or agriculture-allied activities. Each bank branch must lend to at least one SC/ST borrower and one woman borrower.
Full official description
A scheme by Ministry of Finance for financing SC/ST and/or Women Entrepreneurs by facilitating bank loans for setting up a greenfield project enterprise in manufacturing, services, trading sector and activities allied to agriculture. The objective of this scheme is to facilitate bank loans between Rs. 10 lakh and Rs. 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 case of non-individual enterprises, at least 51% of the shareholding and controlling stake should be held by either an SC/ST or Woman entrepreneur.
Benefits
- Composite loan of ₹10 lakh to ₹1 crore (term loan + working capital in one)
- 7-year repayment with an 18-month moratorium — no EMI for the first 1.5 years
- RuPay debit card issued for convenient access to funds
- Handholding support via SIDBI portal: skill training, project report help, mentoring, and workspace assistance
💡 Why Startups Should Care
Stand-Up India is designed for first-time greenfield entrepreneurs — meaning no prior business needed. The composite loan (term + working capital) of up to ₹1 crore through your bank branch is guaranteed by NCGTC, so you don't need heavy collateral. For SC/ST women, this is the highest-ticket government-backed loan available.
Who Can Apply (Eligibility)
SC/ST and/or women entrepreneurs aged 18 or above. The business must be a new (greenfield) venture. For companies or partnerships, SC/ST or women must hold at least 51% stake. Applicant must not have defaulted on any prior loans.
Exclusions
- Only for greenfield (new) enterprises — not for expansion of existing businesses
- Applicant must be at least 18 years old
- Must not be in default with any bank or financial institution
- For non-individual enterprises, at least 51% shareholding must be held by SC/ST or woman entrepreneur
How to Apply
- Visit standupmitra.in and register at standupmitra.in/Login/Register.
- Enter your business location, category (SC/ST/Woman), and nature of the proposed business.
- Fill in loan amount desired, business description, premises details, past experience, and personal details.
- Select whether you need hand-holding support, then click Register.
- After registration, a bank official will contact you to complete the loan application and required formalities.
- Alternatively, approach your nearest bank branch directly (locate via rbi.org.in/Scripts/query.aspx) or contact the Lead District Manager (LDM) of your district (standupmitra.in/LDMS).
Frequently Asked Questions
What is the nature and size of the loan under the Stand-Up India Scheme?
Composite loan (inclusive of term loan and working capital) between 10 lakh and up to 100 lakh representing up to 85% of the project cost would be eligible.
How much will be the interest rate for the loan?
The rate of interest would be lowest applicable rate of the bank for that category (rating category) not to exceed (base rate (MCLR) + 3%+ tenor premium).
By when am I expected to repay the loan?
The loan is repayable in 7 years with a maximum moratorium period of 18 months.
Who are the eligible lending institutions for extending loans under the Scheme?
All branches of Scheduled Commercial Banks located across the country.
What is Hand-holding Support?
Any new entrepreneur requires guidance in his endeavor to set up his or her business enterprise starting from training to filling up loan applications as per bank requirements.
How do I get hand-holding support?
You may navigate through the portal or seek assistance from the nearest branch of a Scheduled Commercial Bank to help you identify the nature of hand-holding support required.
What are the activities for which Stand-Up India loan is provided ?
Stand-Up India loan may be provided to entrepreneurs for engaging in manufacturing, trading, services sectors including activities allied to agriculture.
What are the activities allied to agriculture ?
Under the Stand Up India loan, activities allied to agriculture include pisciculture, beekeeping, poultry, livestock, rearing, grading, sorting, aggregation agro-industries, dairy, fishery, agri-clinic and agri-business centres, food and agro processing etc.
What is the purpose of the loan under “Stand-Up India” Scheme?
The scheme is for setting up a new enterprise in manufacturing, trading, services sector or activities allied to agriculture by SC/ST and Women entrepreneur.
What is the Difference between Stand-Up India Scheme and Start Up India Scheme?
Stand-Up India Scheme is intended to support SC/ST and Women entrepreneurs to set up green field projects through bank branches in India while Start Up India Scheme aims to boost innovative and technology led enterprises for new/existing enterprises.
Ready to apply?
Visit the official government portal to apply for this scheme.
Apply on myScheme.gov.inDocuments Required
- Proof of identity (Voter ID/Passport/Driving Licence/PAN card)
- Proof of residence (electricity bill, property tax receipt, or Passport)
- Business address proof
- Proof of not being a defaulter with any bank or financial institution
- Memorandum and Articles of Association / Partnership Deed
- Assets and liabilities statement with latest income tax returns
- Rent agreement (if premises are rented)
- SSI/MSME registration (if applicable)
- Projected balance sheets for 2 years (working capital) or loan period (term loan)
- SC/ST/Women category certificate
- Project report (for term loan applications)