Stand-Up India Scheme
by SIDBI · Department of Financial Services
Bank loans between ₹10 lakh and ₹1 crore for at least one Scheduled Caste or Scheduled Tribe borrower and at least one woman borrower per bank branch, for setting up a greenfield enterprise.
Quick answer
Bank loans between ₹10 lakh and ₹1 crore for at least one Scheduled Caste or Scheduled Tribe borrower and at least one woman borrower per bank branch, for setting up a greenfield enterprise.
| Funding amount | ₹10 Lakh – ₹1 Crore |
|---|---|
| Funding type | Debt / Loan |
| Provider | SIDBI · Department of Financial Services |
| Application deadline | Rolling · always open |
| Eligible stage | Idea |
| Sector | Sector agnostic |
| Who can apply | Indian citizens aged 18+ |
Who is eligible
- SC/ST and/or woman entrepreneur above 18 years of age
- Enterprise must be greenfield - the first venture of the borrower in manufacturing, services, trading or agri-allied activities
- For non-individual enterprises, 51% shareholding must be held by an SC/ST or woman entrepreneur
- Borrower should not be in default to any bank or financial institution
Funding & benefits
- Composite loan of ₹10 lakh to ₹1 crore covering 85% of project cost
- Repayment period up to 7 years with a moratorium of up to 18 months
- Handholding support, and RuPay debit card for working capital withdrawal
How to apply
- Register on the Stand-Up Mitra portal
- Complete your profile and business details to get a handholding agency assigned
- Application is routed to your chosen bank branch
- Bank appraises the proposal and sanctions the loan
Documents you’ll need
- Identity, address and caste certificate (for SC/ST applicants)
- Business plan and project report
- Proof of business premises
- PAN, bank statements and quotations for machinery
Frequently asked questions
Is this a grant?
No, Stand-Up India is a bank loan scheme, not a grant - it carries interest and must be repaid.
What does greenfield mean here?
It means this must be the borrower's first venture in the proposed activity.
Verify all details on the official link before applying, scheme terms and deadlines change. Pitch Karo India lists opportunities for discovery only, is not affiliated with the funding body, and never charges for applications.