Sarkari Yojana

Stand-Up India

Quick Summary: Stand-Up India, a Ministry of Finance scheme, ensures every bank branch extends composite loans of ₹10 lakh to ₹1 crore to at least one SC/ST borrower and one woman borrower to set up greenfield enterprises. Applicants can apply via a bank branch, Lead District Manager, or the standupmitra.in portal, with SIDBI providing hand-holding support.

About Stand-Up India

A Ministry of Finance scheme that supports SC/ST and women entrepreneurs by facilitating bank loans to set up greenfield enterprises in manufacturing, services, trading, or activities allied to agriculture. It aims to ensure that every bank branch extends loans of between ₹10 lakh and ₹1 Crore to at least one SC/ST borrower and at least one woman borrower for such a venture. Where the enterprise is not owned by an individual, at least 51% of its shareholding and controlling stake must rest with an SC/ST or woman entrepreneur.

Scheme Overview

Government Level

Central Government

Ministry

Ministry Of Finance

Implementing Agency

Banks

Eligible Entity

Business Entity, Individual

Launch / Open Date

05 Apr 2016

Closing Date

31 Mar 2025

Scheme Details

Eligibility

Eligibility Requirements

To qualify for Stand-Up India, applicants must satisfy the following conditions:

✅

Financing is available only for Greenfield Enterprises

Financing is available only for Greenfield Enterprises.

✅

A male applicant must belong to the SC…

A male applicant must belong to the SC / ST category.

✅

The applicant must be at least 18 years…

The applicant must be at least 18 years old.

💰

The applicant must not be in default to…

The applicant must not be in default to any bank or financial institution.

Applicants must meet all of the above conditions to be considered eligible for this scheme.
Benefits

Benefits Provided

Stand-Up India provides the following benefits to eligible applicants:

💰

A composite loan (covering both term loan and…

A composite loan (covering both term loan and working capital) of between ₹10 Lakhs and ₹100 Lakhs is facilitated, along with a RuPay debit card issued for the borrower's convenience.

💰

SIDBI's web portal offers hand-holding support through a…

SIDBI's web portal offers hand-holding support through a network of agencies that assist with training, skill development, mentoring, project report preparation, application filing, work-shed/utility support, subsidy schemes, and more.

Benefit amounts and conditions may vary by category — refer to the official scheme guidelines for exact figures applicable to your case.
Documents Required

Documents Required

Applicants should keep the following documents ready before starting the application:

📄

Proof of Identity

Proof of Identity: Voter's ID Card / Passport / Driving License / PAN Card / signature identification from the proprietor's, partner's or director's (for a company) current bankers.

📄

Proof of Residence

Proof of Residence: recent telephone bills, electricity bill, property tax receipt / Passport / Voter's ID Card of the proprietor, partner or Director (for a company).

📄

Proof of Business Address

Proof of Business Address.

💰

Proof that the applicant is not a defaulter…

Proof that the applicant is not a defaulter to any Bank / Financial Institution.

✅

Memorandum and Articles of Association of the Company,…

Memorandum and Articles of Association of the Company, or the Partnership Deed of partners, as applicable.

✅

A statement of assets and liabilities of promoters…

A statement of assets and liabilities of promoters and guarantors, along with their latest income tax returns.

✅

Rent Agreement (if the business premises are on…

Rent Agreement (if the business premises are on rent), and clearance from the pollution control board, if applicable.

✅

SSI / MSME registration, if applicable

SSI / MSME registration, if applicable.

✅

Projected balance sheets for the next two years…

Projected balance sheets for the next two years for working capital limits, or for the loan tenure in case of a term loan.

📄

Photocopies of lease deeds / title deeds for…

Photocopies of lease deeds / title deeds for all properties offered as primary and collateral securities.

✅

Documents establishing that the applicant belongs to the…

Documents establishing that the applicant belongs to the SC/ST Category, wherever applicable.

💰

Certificate of Incorporation from the ROC establishing whether…

Certificate of Incorporation from the ROC establishing whether majority shareholding in the company rests with a person belonging to the SC/ST/Woman category. For cases with exposure above ₹ 25 Lakhs:

✅

A profile of the unit, including the names…

A profile of the unit, including the names of promoters and other directors in the company, the activity being undertaken, addresses of all offices and plants, shareholding pattern, etc.

✅

The last three years' balance sheets of any…

The last three years' balance sheets of any Associate / Group Companies.

💰

A project report (for the proposed project, where…

A project report (for the proposed project, where term funding is required) covering the machinery to be acquired, its source and price, supplier names, and financial details such as machine capacity, assumed utilization, production and sales projections, and projected profit-and-loss and balance sheets for the loan tenure, along with details of labour/staff to be hired and the basis of these assumptions.

✅

Details of the manufacturing process, where applicable, profiles…

Details of the manufacturing process, where applicable, profiles of key executives in the company, any tie-ups, details of raw materials and their suppliers, buyer details, details of major competitors, and the company's strengths and weaknesses relative to them.

Ensure all documents are valid and, where required, duly attested before submitting your application.
Important Dates

2016-04-05

How to Apply

Online Application

Applicants can apply for Stand-Up India through the online application process outlined below.

Applicants may approach their nearest bank branch to apply (find your nearest bank here - https://www.rbi.org.in/Scripts/query.aspx ), or go through the Lead District Manager (LDM) (find your district's LDM address and email here - https://www.standupmitra.in/LDMS#NoBack), or apply directly through the portal: www.standupmitra.in Process:

Application Portal: Open Application Portal ↗

1️⃣

Begin by visiting the official Stand-Up India portal…

Begin by visiting the official Stand-Up India portal at: https://www.standupmitra.in/Login/Register

2️⃣

Provide the complete details of the business location

Provide the complete details of the business location.

3️⃣

Choose your category among SC, ST, or Woman,…

Choose your category among SC, ST, or Woman, and indicate whether the stake held is 51% or higher.

4️⃣

Select the nature of the proposed business, the…

Select the nature of the proposed business, the loan amount sought, a description of the business, the premises details, and so on.

5️⃣

Fill in details of past business experience, including…

Fill in details of past business experience, including how long you've been in business.

6️⃣

Indicate whether hand-holding support is needed

Indicate whether hand-holding support is needed.

7️⃣

Enter all requested personal details, including the enterprise's…

Enter all requested personal details, including the enterprise's name and its constitution.

8️⃣

Finally, click the register button to complete the…

Finally, click the register button to complete the process. Once registration is complete, you become eligible to initiate the Stand-Up India loan application process with the relevant financial institution, whose officials will then contact you to complete the loan process and other required formalities.

Ensure all required documents are ready before starting the application process.

Official Application & Website

Verify the latest eligibility, dates and instructions before applying.

Official Sources & References