Stand Up India Scheme Flashcards
Till when GOI has extended the duration of standup india scheme
2025
How many women entrepreneurs has stand up india scheme benefitted
More than 93094
The margin money requirement under the scheme has been reduced from upto ______ to upto _____
25% to 15%
Which activities have been included in the scheme
Activities allied to agriculture
Which portal has been started for provision for submission of online applications by potential borrowers by GOI
Www.standupmitra.in
Launch date of standup india scheme
5 april 2016
Standup india scheme was launched to coincide with the bday celebration of whom?
BR ambedkar’s 125th birth anniversary
The government does not allocate funds under the scheme. They are extended by______________________
Schedule commercial banks (SCB)
Objective of the standup india scheme is to facilitate bank loans between ______and ,________ to atleast one SC/ST borrower atleast one women borrower per bank for setting up a green field enterprise
10 lakh and 1 crore
Eligiblity for scheme
i) SC/ ST or women entrepreneurs above 18 yrs of age
ii) Loans under the scheme are availaible for only green field project
iii) in case of non individual enterprise 51 % of the shareholding and controlling stake should be held either by SC/ST or women entrepreneur
iv) borrower should not be in default to any bank or financial institution
The loan is repayble in ______ yrs with a maximum morotorium period of _______
7 yrs
18 months
Size of loan
Composite loan of 85% of the project cost inclusive of term loan and woking capital
The scheme envisages _______ margin money
15%
In all cases borrower shall be required to bring in minimum of _______ of the project cost as own contribution
10%
How to apply for loans!
i) directly at the branch
ii) through standup india portal
iii) through the lead district manager (LDM)
