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Stand-Up India (SUI) scheme

Stand-Up India (SUI) scheme

Stand-Up India (SUI) scheme for financing SC/ST and/or Women Entrepreneurs was launched on April 05, 2016.

Objective

The objective of the SUI scheme is to facilitate bank loans between Rs.10 lakh and Rs. 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

  • SC / ST and /or Women entrepreneurs, above 18 years of age
  • Loans under the scheme is available only for Green Field Projects. Green Field signifies, in this context, the first time venture of the beneficiary in the manufacturing or services or trading sector.
  • In case of non-individual enterprises, 51% of the shareholding and controlling stake should be held by either SC/ST and/or Women Entrepreneur.
    Borrower should not be in default to any Bank / Financial Institution.

How to apply

To apply online, visit Udyammitra portal

Eligible beneficiaries can also apply Through your Lead District Manager

For more information, visit https://www.standupmitra.in/



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