A scheme by Ministry of Finance for financing SC/ST and Women Entrepreneurs by facilitating bank loans for setting up a greenfield project Enterprise in manufacturing, services,...
Facilitation of composite loan (inclusive of term loan and working capital) between ₹10 Lakhs and ₹100 Lakhs. Rupay debit card to be issued for convenience of the borrower.
The web portal by SIDBI provides hand-holding support through a network of agencies engaged in training, skill development, mentoring, project report preparation, application filling, work shed / utility support services, subsidy schemes etc.
Eligibility (who can apply)
Finance is provided for Greenfield Enterprises.
If the applicant is a male, he must be from SC / ST category.
The age of the applicant must be at least 18 years.
The applicant must not be in default to any bank/financial institution.
How to Apply
**Online**
Either approach your nearest bank branch to apply (locate your nearest bank here - [https://www.rbi.org.in/Scripts/query.aspx ](https://www.rbi.org.in/Scripts/query.aspx))Or Through the Lead District Manager (LDM) (find the address and the email of the LDM of your district here - [https://www.standupmitra.in/LDMS#NoBack](https://www.standupmitra.in/LDMS#NoBack))
Or Apply Through Portal: [www.standupmitra.in](https://www.standupmitra.in/)
**Process:**
The first step is to visit the official portal of StandUp India at: [https://www.standupmitra.in/Login/Register](https://www.standupmitra.in/Login/Register) 1.
Enter the full details of the business location.
Select the category between SC, ST, Woman, and whether the stake held is 51% or higher.
Select the nature of the proposed business; the loan amount desired description of the business, the details of the premises, etc.
Frequently Asked Questions
Who is eligible for Stand-Up India / what is the eligibility?
- Finance is provided for Greenfield Enterprises.
- If the applicant is a male, he must be from SC / ST category.
- The age of the applicant must be at least 18 years.
- The applicant must not be in default to any bank/financial institution.
What are the benefits of Stand-Up India?
1. Facilitation of composite loan (inclusive of term loan and working capital) between ₹10 Lakhs and ₹100 Lakhs. Rupay debit card to be issued for convenience of the borrower.
1. The web portal by SIDBI provides hand-holding support through a network of agencies engaged in training, skill...
How to apply online for Stand-Up India?
**Online**
Either approach your nearest bank branch to apply (locate your nearest bank here - [https://www.rbi.org.in/Scripts/query.aspx ](https://www.rbi.org.in/Scripts/query.aspx))Or Through the Lead District Manager (LDM) (find the address and the email of the LDM of your district here...