The Stand Up India Scheme is a flagship financial inclusion program launched by the Government of India under the Ministry of Finance. Designed to promote entrepreneurship at the grassroots level, the Stand Up India Scheme facilitates bank loans to Scheduled Castes (SC), Scheduled Tribes (ST), and women entrepreneurs for setting up greenfield enterprises.
Overview of Stand Up India Scheme
The primary objective of the Stand Up India Scheme is to leverage the institutional credit structure to reach underserved sectors of the population. Under this scheme, every bank branch of scheduled commercial banks is mandated to extend bank loans between ₹10 lakh and ₹1 Crore to at least one SC/ST borrower and at least one woman borrower for establishing new business ventures.
Important Information
Eligibility & Benefits
- Eligibility
- Women or SC/ST individuals aged 18+ setting up a new (greenfield) manufacturing, trading, or services enterprise, holding at least 51% of the shareholding and controlling stake, with no prior default to any bank or financial institution.
- Benefits
- Bank loans between ₹10 lakh and ₹1 crore for setting up the enterprise, with application tracking through the Stand-Up India portal.
- Required documents
- Identity and address proof, business plan/project details, caste certificate (for SC/ST applicants), bank account details.
How to Apply
- Application process
- Register on standupmitra.in with location, category, and proposed business details; the portal routes the application as a "Ready Borrower" or "Trainee Borrower" and connects it to a lending bank branch.
Official Source
Department of Financial Services, Ministry of Finance
Visit Official Website / Apply
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Source: Stand-Up India Portal
Last verified: 2026-09-06
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