Business loan

Stand-Up India

Stand-Up India Scheme

Bank loans from ₹10 Lakh to ₹1 Crore for SC/ST and women entrepreneurs starting a greenfield enterprise.

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Loan amount
₹10 Lakh to ₹1 Crore
For
SC/ST & women founders
Repayment
Up to 7 years
Moratorium
Up to 18 months
Overview

About Stand-Up India

Stand-Up India facilitates bank loans between ₹10 Lakh and ₹1 Crore to at least one SC/ST borrower and at least one woman borrower per bank branch, for setting up a greenfield (first-time) enterprise.

The loan is a composite loan covering term loan and working capital, and can be used for manufacturing, services, trading or activities allied to agriculture.

Key benefits

  • Composite loan covering machinery, working capital and setup
  • Repayment over up to 7 years with a moratorium of up to 18 months
  • Credit guarantee cover available, reducing collateral needs
  • Handholding support through the Stand-Up India portal
  • Can be combined with state and central subsidy schemes

Who is eligible

  • SC/ST and/or woman entrepreneur aged 18 or above
  • Greenfield project: the borrower's first venture in that sector
  • For companies and firms: at least 51% held by SC/ST or women
  • Borrower must not be in default with any bank
  • Borrower contributes the margin money as per bank norms

Documents required

  • KYC and caste certificate (for SC/ST applicants)
  • Detailed project report with cost of project
  • Partnership deed or incorporation documents (if applicable)
  • Quotations for machinery and equipment
  • Proof of business premises (owned or rented)
  • Bank statements and ITR of promoters

How Vertex helps with Stand-Up India

  1. 1Eligibility checkWe review your business profile against the scheme rules and related state incentives.
  2. 2Documents & project reportWe prepare the DPR, financials and registrations such as Udyam, GST and FSSAI.
  3. 3Application & lender liaisonWe file the application and coordinate with banks, NBFCs and agencies.
  4. 4Sanction & follow-upWe follow up until sanction, disbursement and any subsidy release.

Frequently asked questions

It means the first venture of the beneficiary in the manufacturing, services, trading or agri-allied sector. Expansion of an existing business does not qualify.

The loan can be covered under a credit guarantee scheme, so collateral requirements are reduced. The final decision on security rests with the bank.

Scheme limits, subsidy rates and timelines are indicative and subject to the latest government guidelines and lender policies. Vertex Certification is a private consultancy and is not affiliated with any government body.

Related schemes

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Mudra Loan

Collateral-free loans up to ₹20 Lakh for small businesses in manufacturing, trading and services.

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CGTMSE

Collateral-free business loans for micro and small enterprises, backed by a government credit guarantee.

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PMEGP

Credit-linked subsidy of 15% to 35% for setting up new micro enterprises in manufacturing and services.

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