GET UPTO 1 CRORE - GOVERNMENT SCHEME

People who were getting bored on working for 9 to 5 jobs and those who were in dream to start their own business, here is a small way of support by our side,

Did anyone heard about STANDUP INDIA LOAN SCHEME?

Let us share here in detail about what it is…!

On April 2016, Prime Minister of India, Mr. Narendra Modi has launched the scheme STANDUP INDIA. In the motive to encourage Women entrepreneurs and people from Scheduled Castes or Scheduled Tribes of the country to start their own business on their own.

The objective of the scheme is that every bank should provide loan to a Scheduled caste or Scheduled tribe person and to women entrepreneur at least once every year.

The scheme will be led by SIDBI (Small Industries Development Bank of India) with the involvement of DICCI (Dalit Indian Chamber of Commerce and Industry). A web portal of SIDBI has been created to support people for online registration.

PROVIDING LOANS ONLY TO GREENFIELD PROJECTS:

• It is providing a loan from RS 10 lakh to 100 lakhs according to the requirements of the candidate. 
• And it is provided only for the greenfield projects, that is the projects must be a very initial one and should start under manufacturing or service sector.

DEBIT CARD WILL BE PROVIDED:

A debit card will be provided, and credit transactions of the candidate will be overlooked and maintained by the bank for preventing personal transactions.

FOR WHOM THE LOAN WILL BE PROVIDED?

• When the applicant is male, he should be under any of the SC/ST caste.
• Either male or female, the age of the applicant must be under 18. In the scenario of non-individual organization, 51% of stake share holding should in the hands of either an SC/ST or women entrepreneur.

THE APPLICANT SHOULD NOT BE ANY DEFAULTER:

The applicant should not be defaulter of any bank or any other organization.

WHERE TO APPLY:

For more updates and details, visit the official portal www.standupmitra.in