Stand Up India Scheme

Objectives  To promote entrepreneurship amongst the schedule caste /schedule tribe and women  To provide handholding support to potential entrepreneurs  To support hithereto under served community in the country’s economic development.  To develop large number of entrepreneurs lakh bank branches to assist atleast 2 entrepreneurs.  To create job opportunities. “Job Seekers will become Job Creators”

 T o facilitate bank loans between Rs 10 lakh and Rs 1 Crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) and one woman borrower per bank branch.  Age of beneficiaries - above 18 years.  Loans under the scheme is available for only Green field Projects.  The entrepreneur may be engaged in manufacturing, services or the trading sector.

Features of Scheme  Composite loan (inclusive of term loan and working capital) between Rs 10 lakh and upto Rs100 lakh.  The rate of interest would be applicable rate of the bank for that category (rating category) not to exceed ((MCLR)+3%+ tenor premium).  Besides primary security, the loan may be secured by collateral security or guarantee of Credit Guarantee Fund Scheme for Stand-Up India Loans (CGFSIL), nodal agency National Credit Guarantee Trustee Company, as decided by the banks.  The term loan is repayable within 7 years with a maximum moratorium period of 18 months.

Features of Scheme  Composite loan of 75% of the project cost inclusive of term loan and working capital.  The Scheme envisages 25% margin money which can be provided in convergence with eligible Central / State schemes. While such schemes can be drawn upon for availing admissible subsidies or for meeting margin money requirements. In all cases, the borrower shall be required to bring in minimum of 10% of the project cost as own contribution.

 The Stand Up India portal ( provides information to a potential borrower on types of handholding supports as well as guidance to get in touch with Banks for availing loans.  On registration, borrower is required to answer a few questions and based on the response, he/she is classified as “Trainee Borrower” or “Ready Borrower”  Trainee borrowers may choose to seek suitable handholding support and accordingly co-ordinate with the help centres.

 Borrower may approach for loans under the scheme in the following ways  Directly at Bank branches  Through SIDBI’s Stand Up India Portal or  Through the Lead District Manager  Facility for uploading various documents like KYC documents, detailed project report etc is available through the portal which would help banks in appraisal  Borrower has the option of choosing the bank from which he/she wishes to avail the loan (option to chose 3 banks in order of preference is given.)  Loan may be sanctioned only if it conforms to the banks norms and subject to necessary due diligence like pre sanction and post sanction visit, end use verification etc.

Stand Up India Video Link