Stand-Up India Scheme: Get Business Loans Up to ₹1 Crore, Check Eligibility & Apply Online
The scheme aims to promote entrepreneurship among women and SC/ST entrepreneurs across India.
Eligible applicants can get a composite loan ranging from ₹10 lakh to ₹1 crore for a new business.
Loans can be used to start ventures in manufacturing, services, trading and agriculture-allied activities.
Women entrepreneurs from any category can apply, while male applicants must belong to the SC or ST category.
Applicants must be at least 18 years old and should not have defaulted on any bank or financial institution loan.
For companies or partnerships, at least 51% of the ownership must be held by a woman or SC/ST entrepreneur.
Applicants need identity, address, category, company and financial documents along with a detailed project report.
The project report should cover machinery, suppliers, business plans, production capacity, employees and financial projections.
Visit the official Stand-Up Mitra portal and register by entering your proposed business location and applicant category.
Provide details about your business, loan requirement, premises and experience, and choose hand-holding support if needed.
After registration, the application is forwarded to the concerned bank or financial institution for further loan formalities.
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