Stand Up India eligibility criteria entails that at least one borrower from the SC/ST/Women category who is over 18 years old must be involved in setting up a Greenfield enterprise. The loan amount available under this scheme ranges from ₹10 lakh to ₹1 crore. Additionally, a minimum of 51% of stakeholders in the enterprise should be from the SC/ST and/or Women categories. It is also crucial that the borrower has not defaulted on any loans with banks or financial institutions. These criteria ensure that the benefits of the scheme reach marginalised communities and promote entrepreneurship among them.

To apply for the Stand-Up India scheme, you can submit an application through the Udyami Mitra Portal. Alternatively, you can visit your nearest HDFC Bank branch to apply for the Stand-Up India Loan. Both options provide avenues to access the scheme and begin the process of establishing your new enterprise. The Udyami Mitra Portal offers a convenient online platform for application submission, while visiting an HDFC Bank branch allows for a more personalised approach with assistance from banking professionals. Choose the method that best suits your preferences and start your journey towards entrepreneurship with the Stand-Up India scheme.

Yes, there is a subsidy available under the Stand-Up India Scheme. This subsidy is designed to provide substantial support to entrepreneurs, especially those from the SC/ST/Women categories, in setting up their enterprises. The rate of financial assistance can be checked with your relationship manager or simply by visiting your nearest HDFC Bank branch. By offering this subsidy, the scheme aims to promote entrepreneurship, facilitate the growth of new businesses, and contribute to the overall economic development of the country.

Under the Stand-Up India Scheme, you can avail a loan for establishing a new enterprise in manufacturing, services, agri-allied activities, or trading. The scheme strictly supports only greenfield ventures, meaning the business must be newly established and not an expansion of an existing one.

You must be at least 18 years old to apply under the Stand-Up India Scheme. This age criterion applies specifically to Scheduled Caste, Scheduled Tribe, or women borrowers who wish to establish a new greenfield business in the approved sectors.

You can apply for a loan amount ranging from ₹10 lakh to ₹1 crore under the Stand-Up India Scheme.

Under the Stand-Up India Scheme, a greenfield enterprise refers to a completely new venture in manufacturing, services, trading, or agri-allied sectors. You must not already own a similar business or be expanding an existing one to qualify for the loan.

If you are applying as a non-individual entity under the Stand-Up India Scheme, at least 51% of your shareholding and controlling stake must be held by one or more SC/ST and/or women entrepreneurs to be eligible for the loan.

To qualify for the Stand-Up India Scheme, you must not be in default to any bank or financial institution. Your credit history should be clean and free from any prior overdue or unresolved debt-related issues.

Yes, under the Stand-Up India Scheme, you can apply with partners provided at least one borrower is a Scheduled Caste, Scheduled Tribe, or a woman entrepreneur aged above 18, and the enterprise is a new greenfield business.

Eligible enterprises under the Stand-Up India Scheme include both individual and non-individual setups. As long as your business is a new venture in the approved sectors and meets shareholding and category criteria, you are eligible for the loan.