Port Blair, Dec 14: Stand Up India Scheme has been launched by Prime Minister as a part of the various innovative initiative taken by the Govt. of India.
The objective of the Stand Up India Scheme is to facilitate Bank loans between 10 (ten) lakhs to 1 (one ) crore to at least one Scheduled Caste(SC) or Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch for setting up Enterprises in manufacturing, services or trading sector.
ELIGIBILITY : The applicant be SC/ST and /or woman entrepreneurs above 18 years of age. Loan under the scheme are available for manufacturing or services or training sectors.
NATURE OF LOAN: Composite loan (inclusive of term loan and working capital) between 10 lakhs and upto 100 lakhs. For further details please contact NABARD, VIP Road, Port Blair- 744101, Ph: 233308, Lead District Manager, Lead Bank Office, First Floor, SBI, Port Blair-744101, Ph: 230223, District Industries Centre, Udyog Parisar, Middle Point, Port Blair-744101, Ph: 232601.
