VCFO Lite
Stand-Up India loan for SC, ST and women entrepreneurs
What this means, checked by a CA
Stand-Up India gives bank loans of ₹10 lakh to ₹1 crore to SC, ST and women founders starting their first business, repayable over up to 7 years. We confirm you qualify, prepare the project report and margin plan, apply on Stand-Up Mitra or JanSamarth, and follow up with the branch.
₹4,999
One time, + 18% GST
- Delivered in 7 to 10 working days for the project report and file; bank timeline after that
- Due: Before the enterprise starts trading; the scheme funds greenfield units only. Check scheme status first (official period ran to 31 March 2025)
How we do it: IDFD
Every case runs through the same four steps: Information, Discussion, Forms, Deliverables. You see each one ticked as it happens.
InformationWhat we need from you · 8 items
Aadhaar and PAN
KYC and portal registration
Caste certificate (SC/ST applicants)
Proves eligibility category
Detailed project report
Viability and loan amount
Machinery quotations from 2 to 3 suppliers
Supports project cost
Premises rent or ownership papers
Location of the new unit
Last 6 months personal bank statements
Margin money and conduct
Firm, LLP or company documentsOptional
Shows 51% SC/ST or woman stake
State subsidy sanction, if anyOptional
Convergence for margin money
DiscussionWhat we discuss · 6 items
Is this your first enterprise, with no running business in your name, registered or not?
Greenfield only; most common rejection
Do you have any existing business loan from a bank or NBFC?
Existing institutional business loans disqualify
For a firm or company, who holds 51% and control?
SC, ST or woman must control
How much can you put in yourself, and is any state subsidy available?
Minimum 10% own contribution
Any loan default or low credit score?
Defaulters are not eligible
Do you need working capital as well as machinery?
Composite loan within ₹1 crore
FormsForms we file · 7 items
Confirm scheme is open (or the newer Budget 2025 scheme) and eligibility
Where: https://financialservices.gov.in. Due: Before preparing the file
Prepare DPR: project cost, means of finance, working capital cycle, 7-year repayment with moratorium
Loan = project cost minus own contribution (at least 10%) minus subsidy; DSCR on projected cash flow
Where: Internal. Due: Before applying
Register on Stand-Up Mitra; enter personal and business details; upload documents
Where: https://www.standupmitra.in. Due: Any time
Select a scheduled commercial bank branch and submit; note the reference number
Where: https://www.standupmitra.in. Due: Same session
Alternative: apply through JanSamarth or directly at the branch or Lead District Manager
Where: https://www.jansamarth.in. Due: Any time
Respond to branch queries, site visit and sanction
Where: Bank branch. Due: As asked
If pending over 30 working days, escalate through the portal grievance, LDM or bank regional office
Where: https://www.standupmitra.in. Due: After 30 working days
DeliverablesWhat you get · 3 items
Stand-Up Mitra application reference
When: Same day
Sanction letter (term loan plus working capital)
When: Bank timeline
Disbursement of term loan and working capital limit
When: After documentation
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