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:
Any valid Identity Proof such as PAN card, Aadhaar Card, Driving License, voter’s ID, etc.
Any valid residence proof i.e. Voter’s ID Card, last electricity and telephone bill, property tax receipt etc.
A valid business address proof
Photocopies of the lease deeds
Passport size photographs
Caste certificate for scheduled caste/scheduled tribe
Photocopy of partnership deed between the partners