Stand Up India Scheme Application Process

Submit application on Udyami Mitra Portal or you can visit your nearest HDFC Bank branch to apply for Stand-Up India Loan.
 

Click here to read more about the Standup India Scheme 
 

Disclaimer: Terms and conditions apply. Stand-up India Scheme approvals are at the sole discretion of HDFC Bank Limited and are subject to documentation and verification as per the Bank's requirement. Interest rates are subject to change. Please check with your RM or closest bank branch for current interest rates.

Frequently Asked Questions

To fill the Stand-Up India application form online, follow these steps:

  • Visit the Stand-Up India official website.
  • Navigate to the "Apply Online" section.
  • Register an account or log in if you already have one.
  • Fill in the required information, such as personal details, business information, and loan requirements.
  • Upload the necessary documents, such as proof of identity, address, and business plan.
  • Review the application form for accuracy.
  • Submit the form online.
  • Receive an acknowledgment or reference number for future correspondence.

The Stand-Up India scheme is open to individuals, including women and SC/ST entrepreneurs, who want to start a new enterprise in the manufacturing, services, or trading sectors. To be eligible, the applicant should be an Indian citizen above 18 years of age and not have defaulted on any loans from banks or financial institutions. Additionally, the venture should be a greenfield project, meaning it should not involve the acquisition of an existing business. The scheme aims to promote entrepreneurship among women and marginalised communities by providing access to financial support and business development services.

The Stand-Up India scheme offers financial assistance in the form of loans ranging from ₹10 lakh to ₹1 crore per enterprise. This loan amount is intended to cover up to 75% of the project cost for setting up a new enterprise in the manufacturing, services, or trading sectors. However, the actual loan amount is subject to various factors, including the nature of the business, the borrower's creditworthiness, and the viability of the project. The scheme aims to provide adequate financial support to entrepreneurs from marginalised communities to help them establish and grow their businesses.

Under the Stand-Up India Scheme via HDFC Bank, you can apply for a loan amount ranging from ₹10 lakh to ₹1 crore. This loan is intended for setting up a greenfield enterprise by eligible Scheduled Caste, Scheduled Tribe, or women entrepreneurs who meet all the defined criteria.

You can apply for the Stand-Up India Scheme through HDFC Bank either by submitting your application on the Udyami Mitra Portal or by visiting your nearest HDFC Bank branch. Both methods are valid for initiating your loan request, subject to eligibility and document verification.

To apply at HDFC Bank, you must be a woman or belong to a Scheduled Caste or Scheduled Tribe and be above 18 years of age. The loan is available only for establishing a new greenfield enterprise in manufacturing, trading, or service sectors, with no prior default history.

If applying as a non-individual entity through HDFC Bank, at least 51% of the shareholding and controlling stake must be held by a Scheduled Caste, Scheduled Tribe, or woman entrepreneur.

To qualify for the Stand-Up India Scheme via HDFC Bank, you must not be a defaulter with any bank or financial institution. A clean repayment history is mandatory, as the scheme supports only first-time entrepreneurs without prior loan defaults or outstanding dues.

Yes, charges are applicable when applying for the Stand-Up India Scheme through HDFC Bank. The type and the amount of charges vary depending on the loan application and processing.