The scheme provides bank loans between 10 lakh and 1 crore for setting up greenfield enterprises by SC/ST and/or women borrowers. The loan is composite, with interest rate not exceeding base rate + 3%, and repayable in 7 years with 18 months moratorium. The Stand-Up India program encourages Scheduled Castes (SC), Scheduled Tribes (ST), and women to become entrepreneurs by granting loans worth ₹10 lakh to ₹1 crore. The initiative is backed by the Indian government and executed by the Finance Ministry. Stand-Up India Scheme FeaturesFor SC/ST - Central level It facilitates loans between ₹10 lakh and ₹1 crore for setting up greenfield enterprises in manufacturing, services, or trading sectors, fostering economic empowerment and inclusive growth across underrepresented communities.
