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Do you know you can get a collateral-free loan of up to 1 cr 😱

Stand Up India Scheme was launched in April 2016 to promote entrepreneurship at the grass-root level.

Eligibility:

1. SC/ST and women entrepreneurs; above 18 years of age.

2. Also, enterprises where at least 51% of the shareholding is with either an SC/ST or a Woman entrepreneur.

3.Loans are available for only Greenfield projects.

The loan has a 7-year repayment schedule.

The interest rate for loans under this Scheme will be the lowest interest rate offered by the lender (Bank) in this category.

As on March 21, 2022, Rs. 30160 cr has been sanctioned under Stand Up India Scheme to 133,995 accounts!!

For more details, visit the official portal of Stand-Up India at https://www.standupmitra.in/Login/Reg....