business loan bajaj

  1. Learn
  2. >
  3. What is Stand Up India scheme

Stand Up India Scheme

Quick apply

Just 60 seconds to apply

Please enter your first and last name
Enter 10-digit mobile number
Please enter your Birth date
Please enter valid PAN card number
Please enter your pin code
Enter personal email address

I consent to the T&C and authorize Bajaj Finance Limited, its representatives/business partners/affiliates to use my details for promotional communication/fulfilment of services availed.

Thank you

What is Stand Up India scheme?

The Stand Up India Scheme provides financial assistance to SC/ST and women entrepreneurs for setting up greenfield projects. It facilitates bank loans starting from Rs. 10 Lakh to Rs. 1 Crore. The loan amount is accessible to at least one SC/ST or one woman entrepreneur per bank branch for the initiation of such projects.

A greenfield project is where the new infrastructure will be built on unused lands requiring no demolition or remodeling of a previously existing structure.

The Standup India Scheme is available for first-time ventures in the fields of manufacturing, services or trading. It will also facilitate non-individual enterprises where at least 51% of the shareholding is held by an SC/ST or a woman entrepreneur.

The Stand Up India loan amount will cover 75% of the total project cost. The entrepreneur is expected to commit at least 10% of the project costs as per the Stand Up India loan Scheme.

This Stand Up Scheme will be provided via the banks. This Stand Up Loan will require a collateral or a CGFSIL (Credit Guarantee Fund Scheme for Stand Up India Loans), as per the lender’s discretion.

Advances under this scheme are extremely beneficial. Alternatively, you can also opt for unsecured loans for MSMEs from Bajaj Finserv offering capital up to Rs. 30 Lakh. As an entrepreneur, you can use these loans for investing in machinery & equipment, initiating your raw material supply chain or to even give a boost to your working capital.

People Also Considered

Flexi Business Loan

Flexi Loan Conversion

Convert your existing loan | Pay lower EMIs by up to 56%

Machinery Loan

Machinery Loan

Funds to upgrade machinery
Up to Rs. 32 lakh | Pay only interest as EMI

Working Capital Loan People Considered Image

Working Capital

Manage operational expenses
Up to Rs. 32 lakh | Flexible tenor options

Business Loan for Women People Considered Image

Business Loan for Women

Avail customized loans
Up to Rs. 32 lakh | Minimal documentation