About this banking scheme
A scheme by Ministry of Finance for financing SC/ST and Women Entrepreneurs by facilitating bank loans for setting up a greenfield project Enterprise in manufacturing, services, trading sector and activities allied to agriculture.
A scheme by Ministry of Finance for financing SC/ST and/or Women Entrepreneurs by facilitating bank loans for setting up a greenfield project enterprise in manufacturing, services, trading sector and activities allied to agriculture. The objective of this scheme is to facilitate bank loans between Rs. 10 lakh and Rs. 1 Crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch for setting up a greenfield enterprise. 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.
Benefits at a glance
| Scheme name | Stand-Up India (SUPI) |
|---|---|
| Launched by | Ministry Of Finance |
| Department | Department of Financial Service |
| Launch year | 2016 |
| Benefit type | Cash (money paid to your bank account) |
| Category | Banking |
| Level / State | Central · All India |
| Official portal | standupmitra.in (see References at the end) |
Key facts
| Scheme type | Central Sector Scheme |
|---|---|
| Implementing agency | Banks |
| Scheme for | Individual |
| Application mode | Online |
| Last date | 31 Mar 2025 |
| DBT (direct bank transfer) | No |
Who can apply (quick check)
- 👤All genders
- 🎂Age 18+ years
- 🏷️SC / ST
- 📝Online
Quick check from official data. Full conditions are in the Eligibility section.
What you receive
- Facilitation of composite loan (inclusive of term loan and working capital) between Rs. 10 Lakhs and Rs. 100 Lakhs. Rupay debit card to be issued for convenience of the borrower.
- The web portal by SIDBI provides hand-holding support through a network of agencies engaged in training, skill development, mentoring, project report preparation, application filling, work shed / utility support services, subsidy schemes etc.
Who qualifies
- Finance is provided for Greenfield Enterprises.
- If the applicant is a male, he must be from SC / ST category.
- The age of the applicant must be at least 18 years.
- The applicant must not be in default to any bank/financial institution.
Who is not eligible
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Papers to keep ready
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For cases with exposure above Rs. 25 Lakhs:
Registration walkthrough
Online
Either approach your nearest bank branch to apply (locate your nearest bank here - https://www.rbi.org.in/Scripts/query.aspx )Or Through the Lead District Manager (LDM) (find the address and the email of the LDM of your district here - https://www.standupmitra.in/LDMS#NoBack)
Or Apply Through Portal: www.standupmitra.in
Process:
- The first step is to visit the official portal of StandUp India at: https://www.standupmitra.in/Login/Register
- Enter the full details of the business location.
- Select the category between SC, ST, Woman, and whether the stake held is 51% or higher.
- Select the nature of the proposed business; the loan amount desired description of the business, the details of the premises, etc.
- Populate the fields with past business experience, including tenure.
- Select the need for hand-holding is required.
- Enter all the personal details sought, which include the name of the enterprise and the constitution.
- The last step is to select the register button to complete the process.
Once you have completed registration, you are eligible to initiate the StandUp India Loan Application process with the respective financial institution for the officials to contact you for completing the StandUp India Loan Process and requisite formalities.
Important dates
| Launch / start | 05 Apr 2016 |
|---|---|
| Last date | 31 Mar 2025 Closed |
Terms used in this scheme
- greenfield project
Green field project signifies, in this context, the first time venture of the beneficiary in the manufacturing or services or trading sector and activities allied to agriculture .
Frequently asked questions
What is the nature and size of the loan under the Stand-Up India Scheme?
Composite loan (inclusive of term loan and working capital) between 10 lakh and up to 100 lakh representing up to 85% of the project cost would be eligible.
How much will be the interest rate for the loan?
The rate of interest would be lowest applicable rate of the bank for that category (rating category) not to exceed (base rate (MCLR) + 3%+ tenor premium).
By when am I expected to repay the loan?
The loan is repayable in 7 years with a maximum moratorium period of 18 months.
Who are the eligible lending institutions for extending loans under the Scheme?
All branches of Scheduled Commercial Banks located across the country.
What is Hand-holding Support?
Any new entrepreneur requires guidance in his endeavor to set up his or her business enterprise starting from training to filling up loan applications as per bank requirements.
How do I get hand-holding support?
You may navigate through the portal or seek assistance from the nearest branch of a Scheduled Commercial Bank to help you identify the nature of hand-holding support required.
What are the activities for which Stand-Up India loan is provided ?
Stand-Up India loan may be provided to entrepreneurs for engaging in manufacturing, trading, services sectors including activities allied to agriculture.
What are the activities allied to agriculture ?
Under the Stand Up India loan, activities allied to agriculture include pisciculture, beekeeping, poultry, livestock, rearing, grading, sorting, aggregation agro-industries, dairy, fishery, agri-clinic and agri-business centres, food and agro processing etc.
What is the purpose of the loan under “Stand-Up India” Scheme?
The scheme is for setting up a new enterprise in manufacturing, trading, services sector or activities allied to agriculture by SC/ST and Women entrepreneur.
What is the Difference between Stand-Up India Scheme and Start Up India Scheme?
Stand-Up India Scheme is intended to support SC/ST and Women entrepreneurs to set up green field projects through bank branches in India while Start Up India Scheme aims to boost innovative and technology led enterprises for new/existing enterprises.
References and official sources
Apply only on the official portal. Nothing is applied for on this site, and applying is free.
- Guidelines (PDF) udyami.org.in
grokipedia.org.in is not affiliated with any government department. Apply only on the official portal and never pay anyone for an application.
The details on this page are from the official listing and have not been rewritten or reviewed by our team yet. Confirm them on the official portal before applying.
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