Stand Up India Scheme
The objective of the Stand-Up India scheme is to facilitate bank loans between 10 lakh and 1 Crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch for setting up a greenfield enterprise.
Eligibility
1.SC/ST and/or woman entrepreneurs, above 18 years of age.
2.Loans under the scheme is available for only green field project. Green field signifies, in this context, the first time venture of the beneficiary in the manufacturing or services or trading sector.
3. In case of non-individual enterprises, 51% of the shareholding and controlling stake should be held by either SC/ST and/or Women Entrepreneur.
4.Borrower should not be in default to any bank/financial institution.
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Title of PDF File | Stand Up India Scheme |
Language of PDF File | English |
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