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                                         Stand Up India Scheme

 

Stand Up India Scheme facilitates bank loans between Rs. 10 lakhs and Rs. 1 crore to atleast One Scheduled Caste (SC) or Scehduled Tribe borrower and atleast one woman per bank branch for setting up a greenfield enterprise, in manufacturing, service or the trading sector.

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. 

 

Loan Range for  Individual                                                                     

 Rs. 10 Lakhs to Rs. 1 Crores
Cap of Loan  75%
Eligibility Criteria for  Individual Women entrepreneur or SC/ST cast entrepreneur
Eligibility Criteria

 

  • Applicant must be a women or a member of SC/ST community

  • In case of group at least 51% of the shareholding & Controlling stake should be held by a women entrepreneur or SC/ST cast entrepreneur

  • At least 18 years age

  • Not be a defaulter to any financial institution or bank

  • Must be green field venture and in the type of business defined

 

 

This scheme is for encouragement and promotion of women entrepreneurs and entrepreneurs from the SC/ST community.

 

 

Difference between Stand Up India Scheme & Start Up India Scheme

 

 

 

 

 

Other Details

 

 

                                                                                                                                                                       - By  CS Raksha Sharma