Stand-Up India Scheme 2026: ₹10 Lakh to ₹1 Crore Business Loan, Eligibility & How to Apply

At a glance

About the scheme

The Stand-Up India scheme was launched by the Ministry of Finance to promote entrepreneurship among Scheduled Castes, Scheduled Tribes, and women. Under the initiative, each branch of all Scheduled Commercial Banks is mandated to extend composite credit between ₹10 Lakh and ₹100 Lakh to at least one SC/ST borrower and at least one woman borrower for establishing a new (greenfield) enterprise. In addition to credit access, the scheme offers hand-holding support through SIDBI to assist borrowers with training, project report preparation, and mentoring.

Benefits

• Composite loan facility (term loan and working capital) ranging from ₹10 Lakh to ₹100 Lakh, covering up to 85% of project cost.
• Issuance of a RuPay debit card for convenient withdrawal of working capital funds.
• Hand-holding assistance through SIDBI network for business mentorship, skill training, and detailed project report preparation.
• Flexible repayment tenure of 7 years with a moratorium period extending up to 18 months.
• Concessional interest rate capped at the bank's lowest category rate, not exceeding MCLR plus 3% and tenor premium.

Who can apply (eligibility)

• Applicant must be at least 18 years old.
• Loan is strictly for establishing greenfield (first-time) enterprises in manufacturing, services, trading, or agri-allied activities.
• Male applicants must belong to Scheduled Caste (SC) or Scheduled Tribe (ST) categories.
• Women applicants of any category are eligible.
• For non-individual enterprises (companies/partnerships), at least 51% shareholding and voting control must belong to an SC, ST, or woman entrepreneur.
• Applicant must not be a defaulter with any bank or financial institution.

Who cannot apply

• Existing enterprises or expansion projects (only greenfield ventures are permitted).
• Borrowers who have defaulted on previous loans with any financial institution.
• Enterprises where SC, ST, or women promoters hold less than 51% stake or controlling interest.

Documents required

• Proof of Identity (Voter ID, Passport, Driving Licence, or PAN Card).
• Proof of Residence (recent electricity bill, telephone bill, property tax receipt, or Passport).
• Proof of Business Address.
• Non-defaulter declaration/proof regarding prior bank accounts.
• Memorandum and Articles of Association (MoA/AoA) or Partnership Deed.
• Statement of assets and liabilities of promoters and guarantors along with latest Income Tax Returns.
• Rent agreement (if premises are rented) and Pollution Control Board clearance if applicable.
• MSME or Udyam registration certificate (if applicable).
• Projected balance sheets for 2 years (for working capital) and for the full loan tenure (for term loan).
• Lease or title deeds of properties offered as security.
• Caste certificate for SC/ST category applicants.
• ROC Certificate of Incorporation verifying majority shareholding (51%+) by SC, ST, or women entrepreneurs.
• For loans above ₹25 Lakh: Unit profile, 3-year group balance sheets, detailed project report (DPR), and manufacturing process workflow.

How to apply

1. 1Visit the official StandUp Mitra portal at www.standupmitra.in and click on the registration option.
2. 2Provide business location details and choose applicant category (SC, ST, or Woman) confirming 51% or higher stake.
3. 3Select the nature of your planned enterprise, proposed loan amount, premise status, and past business experience.
4. 4Indicate whether you require hand-holding guidance such as mentoring or project report assistance.
5. 5Submit your personal, constitutional, and business details to complete user registration on the portal.
6. 6Approach your selected Scheduled Commercial Bank branch or Lead District Manager (LDM) to process the final loan documentation.

Frequently asked questions