Documents required to avail loan under Stand Up India Scheme

Stand Up India scheme, a loan scheme, provides loans from Rs. 10 Lakh to Rs. 1 Crore to the scheduled caste, scheduled tribe, or a woman. The loans can be obtained from banks for setting up a new project or business. The scheme is backed by the Department of Financial Service (DFS), Ministry of Finance, Government of India. It intends to promote entrepreneurship among women and scheduled caste and tribes.

The documents which are required for availing the loan under "Stand Up India" scheme are listed below:

1. Any valid Identity Proof such as PAN card, Aadhaar Card, Driving License, voter’s ID, etc.
2. Any valid residence proof i.e. Voter’s ID Card, last electricity and telephone bill, property tax receipt etc.
3. A valid business address proof
4. Photocopies of the lease deeds
5. Passport size photographs
6. Rent agreement
7. Caste certificate for scheduled caste/scheduled tribe
8. Photocopy of partnership deed between the partners
9. Latest income tax return
10. Bank Account Details
11. Last three year’s balance sheets of the association

Browse more