Stand Up India Scheme Apply Online, Interest Rate, Project List, Date at www.standupmitra.in

Stand Up India Scheme Apply Online, Interest Rate, Project List, Benefits, Date, Eligibility Criteria, Required Documents at Official Website On This Page.

Many schemes are being operated to help poor people financially in our country. In our country, the government operates many schemes to establish businesses by giving loans to poor people. People who are weak in their economic conditions can start their own businesses by taking loans and strengthening their economic conditions. One such scheme has been started recently, the Stand Up India Scheme. Today, through this article, we will provide complete information about Stand Up India Scheme Online, Offline Application, login, Benefits, Features, Purpose, etc. So stay connected with this article till the end and about Stand Up India Scheme Get Full Details.

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Stand Up India Scheme 

A stand-up scheme has been started to provide loan facilities to the women of our country and the weak people from the economic status of SC and ST categories. Through this scheme, loans ranging from Rs 10 lakh to Rs 1 crore will be provided to women and people belonging to Scheduled Castes and Scheduled Tribes. Through this scheme, poor people can start their own businesses by taking loans and can strengthen their financial condition. The main objective of this scheme is to increase the entrepreneurship of women and people of SC, and ST communities by giving them loans. This scheme is operated by the Department of Financial Services, Ministry of Finance. Through this scheme, one woman from one family and one person from SC/ST family can take a loan. The female or male receiving through this scheme should have at least 51% shares.

Stand Up India Project List Details

Scheme Name Stand Up India Scheme
Country India
Year 2023
Beneficiary Women and people of SC, ST community
Apply Mode Offline, Online
Loan Amount To Be Given 10 Lakh To 1 Crore
loan repayment time 7 Year
Official Website www.standupmitra.in

Stand-Up India Scheme Interest Rate

Women and people of SC, and ST communities have been given eligibility to take loans from Stand Up India Scheme. The interest rate on taking a loan through this scheme has been fixed at 3%. Meaning if you take a loan from this scheme, then you will also have to pay 3% interest on that amount taken. You can deposit this loan in 7 years and the minimum time has been fixed for 18 months.

Stand Up India Scheme Eligibility Criteria 

  1. The applicant must be a woman.
  2. The applicant should be a male from SC, ST community.
  3. Applicants should have 51% shares.
  4. The applicant’s age should be more than 18 years.
  5. Applicants can take loans for doing any type of business.
  6. The applicant should not already be a defaulter in any loan i.e. his civil score should be good.

Stand Up India Scheme Required Documents 

  1. Aadhar card
  2. pan card
  3. passport size photo
  4. 3-year balance sheet
  5. Rent-Agreement
  6. business location proof
  7. income certificate
  8. mobile number

Stand Up India Scheme Launch Date

The Stand Up India scheme has been started by the Ministry of Finance. The main objective of this scheme is to increase the economic status of women and people of SC and ST communities. This scheme has been launched by the Ministry of Finance of our country on 5th April 2016.

Stand Up India Scheme Apply Offline

If you want to apply offline for Stand Up India Scheme, then you can easily apply offline through this process.

  1. First of all, go to the branch of the bank from which you want to take a loan.
  2. You can get the Stand Up India Scheme application form from the branch of that bank.
  3. Now enter the required details in this form correctly.
  4. Now upload the requested documents with this form.
  5. In the end, you have to submit this form to the branch of that bank.
  6. Now you have applied Stand Up India Offline.

Stand Up India Scheme Apply Online 

If you want to apply online for Stand Up India, then you will be able to apply this process online easily.

  1. First of all, you go to the official website of this scheme www.standupmitra.in.
  2. Now the home page will open in front of you.
  3. On the home page, click on the application form for this scheme and download the form.
  4. Now enter the required details in this form.
  5. Now upload all the required documents.
  6. Now click on submit option.
  7. In this way, you will be able to easily apply for this scheme online.

Official Website – Click Here

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