Stand-Up India
Access composite loans from ₹10 lakhs to ₹1 crore for setting up a first greenfield enterprise. The scheme is exclusively for women entrepreneurs and SC/ST borrowers — covering manufacturing, services, and trading sectors.
Why choose Openedze
What you get when our experts handle this end-to-end
₹10 lakh to ₹1 crore
Composite credit facility covering both term loan (for fixed assets) and working capital — disbursed in a single sanction.
Built for under-represented founders
Specifically designed to bring women, SC, and ST entrepreneurs into the formal credit ecosystem for greenfield enterprises.
Greenfield-only focus
Available for first ventures only — your first enterprise in manufacturing, services, or trading sectors.
Wide bank coverage
Every scheduled commercial bank branch is mandated to sanction at least one Stand-Up loan to SC/ST and one to a woman borrower.
CGTMSE backing available
Loans up to ₹2 crore (extended under Stand-Up India + CGTMSE combined) can be backed by the credit guarantee — reducing collateral requirements.
Up to 7-year tenure
Loan tenure up to 7 years with moratorium up to 18 months — giving you breathing room during ramp-up.
What we help with
Eligibility verification
We confirm category eligibility (SC / ST / women), greenfield status, and sector fit before drafting.
Project report & DPR
Detailed Project Report covering machinery, premises, working capital cycle, manpower, and financial projections.
Margin money planning
Stand-Up requires 25% margin from the borrower (10% own contribution + 15% from convergence schemes like PMEGP / state subsidies). We map convergence.
Bank selection
Stand-Up loans go through SCBs. We match you with the bank branch most likely to sanction based on local performance under the scheme.
Stand-Up India portal application
Application filed on the Stand-Up India portal (standupmitra.in) with lead generation to the matched bank branch.
Post-sanction support
Margin money release coordination, drawdown management, and post-disbursement compliance with the scheme conditions.
Stand-Up India: who, what, why
Stand-Up India was launched in 2016 to bring under-represented founders into the formal credit ecosystem. Every scheduled commercial bank branch in India is mandated to extend at least one Stand-Up loan to a Scheduled Caste / Scheduled Tribe borrower and one to a woman entrepreneur — for setting up a greenfield enterprise.
The loan structure is composite: it covers both a term loan (for plant & machinery, premises, equipment) and working capital — sanctioned and disbursed under a single facility. Loan size ranges from ₹10 lakhs to ₹1 crore, with the borrower's margin contribution capped at 15% (where convergence with other government schemes provides up to 25%).
The biggest miss most applicants make is treating Stand-Up India like a regular bank loan. It isn't. It's a scheme with specific eligibility, margin contribution rules, convergence pathways, and bank branch-level mandates. Our team has placed Stand-Up applications across PSU and private banks and knows how to navigate the specifics.
Eligibility & documents
Who can apply
- Woman entrepreneur (any caste / community) — must be majority shareholder (51%+)
- Scheduled Caste (SC) entrepreneur — must be majority shareholder (51%+)
- Scheduled Tribe (ST) entrepreneur — must be majority shareholder (51%+)
- Age 18 years or above
- Greenfield project only — this must be your first venture in manufacturing, services, or trading
- Non-individual borrowers: at least 51% shareholding by woman / SC / ST
- Borrower not in default with any bank or financial institution
Documents we'll need
- KYC: PAN, Aadhaar, photo, address proof
- Caste certificate (for SC / ST applicants)
- Project report covering plant, machinery, premises, manpower, working capital
- Quotations for machinery and equipment
- Premises proof (rent agreement / ownership / lease)
- Educational and experience credentials
- Bank statement of last 12 months
- Existing loan/credit details (if any)
How Openedze helps
A clear, milestone-based path from kick-off to delivery
Eligibility & DPR
Confirm SC / ST / woman category, greenfield status. Build the Detailed Project Report with our team.
Portal application
Application filed on the Stand-Up India portal, lead routed to the matched bank branch.
Bank appraisal
Project appraisal, field visit, margin money confirmation, convergence with other schemes if applicable.
Sanction & disbursement
Composite sanction (term loan + working capital). Disbursement against milestone-based drawdown.
Support journey
Eligibility & scoping
Week 1Documents reviewed, category confirmed, project scoping done.
DPR drafting
Week 1–3Detailed Project Report prepared and reviewed with you and the bank.
Application
Week 3–4Submitted on Stand-Up India portal; lead routed to the bank branch.
Appraisal & sanction
Week 4–10Bank conducts due diligence; sanction letter issued.
Disbursement
Week 10–14Margin money paid, drawdown initiated, term loan and working capital disbursed in tranches.
Frequently asked questions
I run a service business — am I eligible?▾
Yes. Stand-Up India covers manufacturing, services, AND trading sectors. Earlier, trading was excluded; that exclusion was removed in 2023.
Can a Pvt Ltd apply?▾
Yes — provided 51% or more shareholding is held by a woman entrepreneur or SC/ST individual. Pure family-owned businesses without category-based majority don't qualify.
What's the interest rate?▾
Interest is set by the bank, typically benchmarked to MCLR. The scheme caps the rate at the lowest applicable rate of the bank for that category — usually MCLR + Tenure Premium + up to 3%.
Can I get Stand-Up + Mudra + PMEGP together?▾
Stand-Up India can be combined with PMEGP for margin money convergence (up to 25% total margin). Mudra and Stand-Up are separate schemes targeting different segments — typically not stacked.
What if I already run a small business — can I get Stand-Up for a new one?▾
Stand-Up is strictly for first-time entrepreneurs / greenfield projects. If you already have an operating business, you're not eligible. CGTMSE or Mudra (for expansion) would be the right path.
Is collateral required?▾
For loans up to ₹2 crore (combined Stand-Up + CGTMSE), no physical collateral is required — the guarantee is provided by CGFSI (Credit Guarantee Fund for Stand-Up India). Personal guarantees may still be asked by some banks.
Stand-Up India loan, end-to-end
Built for women, SC, and ST first-time entrepreneurs. Our team navigates the eligibility, DPR, and bank coordination for you.