Stand Up India on Ajguide

Stand Up India

Launched In: 

April 2016


Headed By: 

Small Industries Development Bank of India (SIDBI)


Industry Applicable: 




The enterprise can be in trading, manufacturing, or services. In the case of non-individual enterprises, at least 51% of the shareholding and controlling stake should be held by an SC/ST or woman entrepreneur. The borrower should not be in default to any bank or financial institution.



This scheme by the Indian government facilitates bank loans between INR 10 Lakhs and INR 1 Cr to at least one Scheduled Caste or Scheduled Tribe borrower and at least one women borrower per bank branch for setting up a Greenfield enterprise.


Fiscal Incentives: 

Composite loan between INR 10 Lakhs and INR 1 Cr to cover 75% of the project cost can be taken up, inclusive of the term loan and working capital. The stipulation of the loan being expected to cover 75% of the project cost would not apply if the borrower’s contribution along with convergence support from any other schemes exceeds 25% of the project cost. The rate of interest would be the lowest applicable rate of the bank for that category (rating category) not to exceed (base rate (MCLR) + 3%+ tenor premium).


Time Period: 

The loan is repayable in seven years with a maximum moratorium period of 18 months.

To know more about this startup scheme by the Indian Government, click here.

By | 2018-01-10T10:10:13+00:00 January 10th, 2018|govt scheme|