Stand-Up India Scheme 2026: Financial Support for SC/ST and Women Entrepreneurs

The Stand-Up India Scheme is a flagship initiative by the Government of India aimed at promoting entrepreneurship at the grassroots level. By focusing on economic empowerment and job creation, the scheme facilitates bank loans to underserved sectors of society, enabling them to transition from job seekers to job creators.

What is this scheme?

Launched by the Department of Financial Services (DFS), Ministry of Finance, Stand-Up India 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. The scheme is specifically designed for setting up 'Greenfield' enterprises in manufacturing, services, agri-allied activities, or the trading sector.

Who is eligible?

• SC/ST and/or women entrepreneurs, above 18 years of age.
• Loans under the scheme are available only for greenfield projects (the first-time venture of the beneficiary in the manufacturing, services, or trading sector).
• 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.
• Borrower should not be in default to any bank or financial institution.

How much money?

Composite loan (inclusive of term loan and working capital) between ₹10 lakh and up to ₹100 lakh (₹1 crore).

Documents needed

1. Proof of Identity (Aadhaar Card, Voter ID, Passport, etc.)
2. Proof of Residence
3. Business Address Proof
4. Caste Certificate (for SC/ST category)
5. Project Report (Business Plan)
6. Balance Sheet of the last three years (if applicable)
7. Pollution Control Clearance Certificate (if applicable)
8. Partnership Deed or Memorandum of Association (for non-individual units)

How to apply (step by step)

1. Visit the official Stand-Up India portal (standupmitra.in) or go to any scheduled commercial bank branch.
2. Register as a 'New User' on the portal and fill in the basic details to determine initial eligibility.
3. Select the type of handholding support required (if any) such as training or mentorship.
4. Fill out the comprehensive application form and upload the required digital documents.
5. Wait for the portal to connect you with a lender. You can track the application status online.
6. Upon bank approval, the loan is sanctioned, and the amount is disbursed as per the project requirements.

Important dates

Conclusion

The Stand-Up India Scheme remains a cornerstone for inclusive economic growth in India. By providing substantial financial backing and reducing barriers to entry for SC/ST and women founders, the government is ensuring that the entrepreneurial ecosystem is diverse and robust. Interested applicants should prepare a solid business plan and approach their nearest bank branch to leverage this opportunity.