LOAN FOR SC/ST OR WOMEN ENTREPRENEURS:
Government runs various schemes for women or Scheduled Caste (SC) or Scheduled Tribe (ST) entrepreneurs. Under Stand Up India Scheme various finance facilities provided to entrepreneurs. This scheme facilitate finance from banks between 10 lakh to 1 crore to atlest one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and one women entrepreneur per bank branch for setting up a Greenfield Enterprise. This Greenfield Enterprise may be in trading, manufacturing or service sector. In case of corporate entities at least 51% of shareholding and controlling stake should be held by Scheduled Caste (SC) or Scheduled Tribe (ST) and women entrepreneur.
HOW TO APPLY:
This scheme covers all branches of Scheduled Commercial Banks. Borrower can apply for loan in three potential ways: