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Stand Up India Scheme offers bank loans from Rs. 10 lakh to Rs. 1 crore to at least one woman borrower and one Scheduled Caste (SC) or Scheduled Tribe borrower per bank branch for setting up of Greenfield enterprise. The enterprise shall be engaged in agri-allied activities, manufacturing, or trading sectors. At least 51% shareholding and controlling stake should be with either an SC/ST and/or women borrower in the case of the non-individual enterprise. Interest Rate Bank’s MCLR + 3% + Tenor Premium Repayment tenure Max. 7 years with Moratorium Period up to 18 months Min. age criteria 18 years for SC/ST and Women Entrepreneur Loan amount Rs. 10 lakh – Rs. 1 crore
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