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Stand-Up India extended to 2031. Check ₹10 lakh to ₹1 crore loan eligibility, 85% guarantee cover, benefits and official application details.
Latest update: 12 November 2026
The Union Cabinet has approved the continuation of the Stand-Up India Scheme until 31 March 2031, giving eligible women and Scheduled Caste (SC) and Scheduled Tribe (ST) entrepreneurs another five years of support to establish new businesses. The renewed programme aims to provide financial assistance to at least 2.5 lakh additional entrepreneurs and includes a credit guarantee corpus of ₹4,111 crore.
Under the scheme, eligible borrowers can seek bank loans of more than ₹10 lakh and up to ₹1 crore for setting up a new, or greenfield, enterprise. The scheme covers manufacturing, services, trading and activities allied to agriculture. Loan approval remains subject to the bank's assessment, eligibility rules and project viability.
| Scheme | Stand-Up India Scheme |
| Administrative department | Department of Financial Services, Ministry of Finance |
| Latest Cabinet approval | 11 November 2026 |
| Extended up to | 31 March 2031 |
| Target | At least 2.5 lakh additional entrepreneurs over five years |
| Credit guarantee corpus | ₹4,111 crore |
| Eligible applicants | Women, SC and ST entrepreneurs |
| Loan amount | Above ₹10 lakh and up to ₹1 crore |
| Purpose | New greenfield business enterprises |
| Official information | PIB Cabinet announcement |
Stand-Up India is a Government of India initiative launched in April 2016 to promote entrepreneurship among women and people belonging to Scheduled Caste and Scheduled Tribe communities. It facilitates institutional bank finance for eligible entrepreneurs who want to establish a new enterprise in an approved sector.
On 11 November 2026, the Union Cabinet approved continuation of the scheme for five more years, up to 31 March 2031. The renewed programme aims to extend financial assistance to at least 2.5 lakh additional entrepreneurs during this period.
The announcement concerns continuation and credit-guarantee support. Applicants should confirm the latest operational instructions, documentation and loan terms with a participating bank before applying.
Eligible borrowers may seek a composite loan or term loan of more than ₹10 lakh and up to ₹1 crore for a new enterprise. The loan may cover up to 85% of the project cost, subject to the scheme's conditions and the lending bank's assessment.
| Feature | Details |
| Minimum loan | Above ₹10 lakh |
| Maximum loan | ₹1 crore |
| Project coverage | Up to 85% of project cost, subject to applicable conditions |
| Credit guarantee cover | 85% of the loan amount under the renewed announcement |
| Guarantee fee | Standard 0.50% |
| Loan type | Composite loan or term loan, as applicable |
This is a bank loan, not a free government grant or direct cash payment. The borrower must repay the loan with interest under the sanction terms. Interest rates, security, margin contribution, repayment schedule and other conditions are determined under the applicable scheme rules and the bank's assessment.
The scheme is intended for eligible women entrepreneurs and entrepreneurs belonging to Scheduled Caste or Scheduled Tribe communities who want to establish a new enterprise.
Final eligibility is checked by the lending institution under the latest scheme guidelines. Meeting the basic criteria does not guarantee loan approval.
Eligible greenfield enterprises may be established in the following areas:
The proposed activity must meet the scheme and bank requirements. Applicants should discuss their project with the bank before spending money on business setup or equipment.
Prospective applicants can use the official Stand-Up India information portal and approach a participating Scheduled Commercial Bank. The portal provides information and guidance for prospective borrowers and helps connect them with relevant support agencies.
Official portal: www.standupmitra.in. Portal availability and the current application workflow should be checked directly. Do not use unofficial agents who promise guaranteed approval.
The exact checklist depends on the applicant, business structure and bank. Commonly requested documents may include:
Ask the selected bank for its current document checklist before submitting the application.
No. Stand-Up India facilitates bank loans for eligible entrepreneurs. It is not an automatic grant, free money scheme or interest-free loan. The borrower is responsible for repayment, interest and other charges specified in the sanction letter and loan agreement. The credit guarantee mechanism supports eligible lending institutions; it does not remove the borrower's repayment obligation.
For loan availability, current terms and application status, contact a participating bank or consult the Department of Financial Services. The bank's written sanction and current official scheme guidelines take precedence over summaries on other websites.
Yes. The Union Cabinet approved its continuation until 31 March 2031 on 11 November 2026.
Women and SC/ST entrepreneurs above 18 years of age may apply for eligible greenfield enterprises, subject to the scheme's conditions. Non-individual enterprises must meet the prescribed ownership and control requirement.
The scheme facilitates loans above ₹10 lakh and up to ₹1 crore for eligible new enterprises.
The Cabinet approved a credit guarantee corpus of ₹4,111 crore for the continued programme.
The target is to provide financial assistance to at least 2.5 lakh additional entrepreneurs over the five-year period.
Eligible greenfield businesses may operate in manufacturing, services, trading or activities allied to agriculture.
No. Applications are assessed by the lending bank. Approval depends on eligibility, project viability, documentation and applicable bank and scheme conditions.
Start with the official Stand-Up India portal and contact a participating Scheduled Commercial Bank for the current application process.
Jobs.AsomLive.com is an independent information website and is not affiliated with the Government of India, the Ministry of Finance or any bank. Scheme details may be updated through official guidelines. Loan amounts, guarantee coverage, fees and eligibility are subject to applicable rules and bank appraisal. Always verify the latest information through official government sources and your selected bank before applying. Never pay an unofficial agent or share OTPs, passwords or banking PINs.