Stand-Up India Scheme
The Stand-Up India Scheme was launched by the Government of India to promote entrepreneurship at the grassroots level, specifically focusing on economic empowerment and job creation. The primary objective is to facilitate 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. These loans are provided for setting up greenfield enterprises in the manufacturing, services, agri-allied activities, or trading sectors. By easing access to credit and providing handholding support, the scheme aims to bring underserved sections of the population into the formal financial system and encourage them to pursue sustainable business ventures.
Eligibility
- • Target: founder
- • Category: Entrepreneurship
- • State: All India
Documents required
- ☐ Identity Proof (Aadhaar/Voter ID/Passport)
- ☐ Address Proof
- ☐ Business Address Proof
- ☐ Caste Certificate (for SC/ST category)
- ☐ Partnership Deed or Certificate of Incorporation
- ☐ Pollution clearance certificate (if applicable)
- ☐ Project report for the greenfield project
- ☐ Last three years balance sheets of the promoter
- ☐ Assets and Liabilities statement of the borrower