Stand-Up India
Department of Financial Services, Ministry of Finance
A bank loan scheme for women and SC or ST entrepreneurs setting up a new enterprise in manufacturing, services, trading or agri-allied work. It offered a composite loan repayable over up to seven years. The Finance Ministry says the scheme ran until 31 March 2025, and a replacement has been announced.
What you can get
Composite loan of ₹10 lakh to ₹1 crore
Do you repay it?
Yes, or it takes equity
Type
Loan
Where
All of India
Current status
The Department of Financial Services says the scheme runs up to 31.03.2025 and a new scheme is being prepared. The Stand-Up Mitra portal still shows an Apply Here button. No launch notice for the replacement was found. Published deadline: 31 March 2025.
Who it was for
- SC, ST or woman entrepreneur above 18
- Greenfield enterprise only
- For a company or firm, at least 51% held by an SC, ST or woman entrepreneur
- At least 10% of project cost from your own funds
How it worked
- 1Treat the scheme as ended and ask your bank what it can currently offer
- 2Watch the Department of Financial Services for the announced replacement
The catch
The portal still looks open, and many sites still advertise it, but the ministry states the term ended. The announced loans up to ₹2 crore are not confirmed as launched, so ask your bank before planning on them.
We read this on the official page on 4 November 2026. Rules and dates change, so confirm there before you apply. Founders Wing is not connected to this scheme, does not help with applications and never charges for access to it.