Stand-Up India Scheme Stand-Up India Scheme Stand-Up India Scheme
Bank loan support for eligible SC, ST and women entrepreneurs to establish greenfield enterprises. Bank loan support for eligible SC, ST and women entrepreneurs to establish greenfield enterprises.
योजना विवरण
Overview: Stand-Up India Scheme
A flagship institutional credit initiative anchored by the Department of Financial Services (DFS), Ministry of Finance, and operated via SIDBI to promote grassroots entrepreneurship among Scheduled Castes (SC), Scheduled Tribes (ST), and Women entrepreneurs.
What is the Stand-Up India Scheme?
The Stand-Up India Scheme facilitates bank loans between ₹10 Lakh and ₹1 Crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one Woman borrower per bank branch of all Scheduled Commercial Banks. The financing is extended specifically for setting up a greenfield enterprise in manufacturing, services, trading, or activities allied to agriculture.
Key Scheme Highlights & Financial Slabs
| Parameter | Scheme Guidelines & Terms |
|---|---|
| Loan Quantum Range | ₹10 Lakh to ₹1 Crore (Composite Term Loan + Working Capital) |
| Target Beneficiaries | SC, ST, and Women Entrepreneurs setting up new greenfield units |
| Promoter Margin Money | Up to 15% (Can be converged with state/central subsidies) |
| Repayment Tenure | Up to 7 years with a moratorium period of up to 18 months |
| Interest Rate | Lowest applicable rate for the category (Base Rate/MCLR + 3% + Tenor Premium) |
Core Benefits of Stand-Up India
- Substantial Capital Headroom: Provides up to ₹1 Crore in institutional debt to establish large-scale manufacturing plants, specialized service hubs, or commercial trading setups.
- Composite Credit Facility: Covers both long-term capital expenditure (machinery, factory equipment) and operational working capital under a unified sanction.
- Credit Guarantee Safety: Backed by the Credit Guarantee Scheme for Stand-Up India (CGFSI) via NCGTC, reducing security hurdles.
- Pre-Loan & Post-Disbursement Handholding: Supported by SIDBI's dedicated network of handholding agencies, technical training institutes, and financial literacy centers.
Eligibility Criteria
- Borrower must be an individual belonging to the SC/ST category OR a Woman entrepreneur aged 18 years and above.
- Loans are available exclusively for Greenfield Projects (the first-time venture of the beneficiary in manufacturing, services, trading, or agri-allied activities).
- In the case of non-individual enterprises (partnerships, private limited entities), at least 51% shareholding and controlling stake must be held by an SC/ST or Woman entrepreneur.
- Applicant must not be in default to any bank or financial institution.
