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CENT STAND UP INDIA

Purpose

For setting up a new Green Field New Enterprise in manufacturing, trading or services sector by SC/ST/ Women entrepreneur. Please note that the scheme is not applicable for existing units or for expansion purpose.

Eligibility

SC/ST and /or Woman Entrepreneurs, above 18 years of age. In case of non-individual enterprises, 51% of the shareholding and controlling stake should be held by either SC/ST and / or Women Entrepreneur.

Nature of Facility

  • CC cum TL – composite loan

Max Finance

10 lakh to 1 CRORE

Margin

25%

Interest Rate

Floating 7.80% to 12.40%

Loan Term

84 months