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How to Apply Online for Stand Up India Scheme?

Stand Up India Scheme Apply Online

With Stand Up India Scheme, Govt. of India facilitate bank loans between 10 lakh and 1 crore to atleast one scheduled caste (SC) or Scehduled Tribe, borrower and atleast one women per bank branch for setting up a greenfield enterprise. This enterprise may be in manufacturing, services or the trading sector. For non-individual enterprises at least 51% of the shareholding and controlling stake should be held by either an SC/ST or Woman entrepreneur.

Stand-Up India for Financing SC/ST and/or Women Entrepreneurs

Stand Up India Scheme Eligibility

SC/ST and/or women entrepreneurs; above 18 years of age
Loans under the scheme is available for only greenfield project. GreenField signifies, the first time venture of the benefeciary in the manufacturing or services or trading sector
For non-individual enterprises,51% of the shareholding and controlling stakes should be held by either SC/ST and/or Women Entrepreneur
Borrower should not be in default to any bank or financial institution

How to Apply Online for StandUp India Scheme?

standup india scheme apply online

The scheme which covers all branches of Scheduled Commercial Banks, can be accessed in three potential ways:

    Directly at a Bank Branch
    Through SIDBI Stand-Up India Portal (www.standupmitra.in)
    Through the Lead District Manager

How to Register for StandUp India Scheme?

Stand up India Portal provides information to a potential borrower on various kinds of handholding support from different agencies and also provides a window to get in touch with banks to avail loans.


In order to register and apply online for Stand up India scheme, these are the steps one needs to take:

  • Visit Standup Mitra official website here https://www.standupmitra.in/Login/Register
  • The applicant needs to answer few short questions on the Registration page of the portal
  • Then choose your Category among New Entrepreneur, Existing Entrepreneur and Self Employed Professional.
  • Enter Name of Applicant, Email Id and Mobile Number.
  • Click on Generate OTP
  • After that, enter the OTP received on your mobile phone and then follow the process.

A person needs to tell whether he belongs to SC/ST category or a Woman entreprenur. Details like business location which includes business address, state, district, village, town, city and pin code will be asked. Select the nature of the business planned, desired loan amount, nature and description of business activity, status of space for business and select the drop down of first time entrepreneurs. A person needs to mention his/her past business experience by mentioning business activity, years of experience and nature of business.You will be asked for desired hand holding support, as per the need and interest.

The applicant would be classified as the "Trainee Borrower" or"Ready Borrower" after the selection and response he/she has made. Applicant would also be given feedback on his/her eligibility for stand-up India loan. A trainee borrower/ready borrower may then chose to register and login through the portal. The borrower is then taken to a dashboard.

After submitting application for StandUp India Scheme, the respective financial institution and their officials will contact for further formalities. These were the steps for Stand Up India Scheme Apply Online

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