🇮🇳 India

Stand Up India Loan Calculator — EMI, Eligibility & Margin Funding

Calculate your Stand Up India loan EMI with 18-month moratorium, check eligibility for SC/ST and women entrepreneurs, and plan margin funding through PMEGP convergence. Loans from ₹10,00,000 to ₹1,00,00,000 for greenfield enterprises in manufacturing, services, trading, and agriculture-allied sectors. Based on Stand Up India scheme guidelines, FY 2025-26.

Min \u20B910 lakh, max \u20B91 crore under Stand Up India
%
Base rate + 3% + tenor premium. Typical: 10\u201312% p.a.
years
Up to 7 years (including moratorium period)
months
Up to 18 months. During moratorium, only interest is paid (no principal).

Try another scenario

How to Use This Calculator

Loan EMI tab

Enter your Stand Up India loan amount (₹10 lakh to ₹1 crore), interest rate, total tenure, and moratorium period. The calculator shows your interest-only payment during moratorium, then the regular EMI for the remaining period, total interest, total payment, and a year-wise amortisation breakdown showing which months are moratorium vs regular EMI.

Eligibility Check tab

Select your category (SC/ST/woman), enterprise type (manufacturing/services/trading/agriculture-allied), whether this is a greenfield enterprise, and whether you are a first-time entrepreneur. The calculator instantly tells you if you qualify, lists the reasons, and provides step-by-step guidance on how to apply — including which bank branch to approach and how to use standupmitra.in.

Margin Funding tab

Enter your loan amount and available subsidies (PMEGP percentage, state scheme percentage). The calculator computes the total project cost, the 25% margin money required, how much is covered by subsidies, and your effective own contribution. It also lists convergence schemes like PMEGP, MUDRA, and state MSME policies that can reduce or eliminate your out-of-pocket margin.

Share your result

Every input is encoded in the URL. Click Share to copy a link for your bank manager, CA, handholding agency, or to save your exact scenario for later.

The Formula

Stand Up India EMI has two phases: moratorium (interest-only) and regular EMI (principal + interest on reducing balance).

Phase 1: Moratorium Period (interest-only)
Monthly payment = P × r

Where:
P = Principal loan amount
r = Monthly interest rate = Annual rate / 12 / 100

Phase 2: Regular EMI (after moratorium)
EMI = P × r × (1 + r)n / ((1 + r)n − 1)

Where:
P = Principal (full amount — no principal is repaid during moratorium)
r = Monthly interest rate
n = Remaining months = Total tenure months − Moratorium months

Example: ₹50,00,000 at 11% for 7 years with 18-month moratorium
r = 11 / 12 / 100 = 0.009167

Moratorium (18 months):
Monthly interest = 50,00,000 × 0.009167 = ₹45,833/month
Total moratorium interest = ₹45,833 × 18 = ₹8,25,000

Regular EMI (66 months = 84 − 18):
EMI = 50,00,000 × 0.009167 × (1.009167)66 / ((1.009167)66 − 1)
EMI = ₹97,085/month

Total regular payments = ₹97,085 × 66 = ₹64,07,610
Total interest = ₹8,25,000 + (₹64,07,610 − ₹50,00,000) = ₹22,32,610
Total payment = ₹8,25,000 + ₹64,07,610 = ₹72,32,610

During moratorium, you pay only interest — the full principal remains outstanding. After moratorium, the standard reducing balance EMI formula kicks in. This two-phase structure gives new enterprises 18 months to generate revenue before the higher EMI begins.

Example

Sunita — woman entrepreneur setting up a manufacturing unit in Pune

Sunita, a woman entrepreneur, wants to set up a small garment manufacturing unit. She applies for a Stand Up India loan of ₹50 lakh with a 7-year repayment period and 18-month moratorium.

Loan amount₹50,00,000 (₹50 lakh)
CategoryWoman entrepreneur
EnterpriseManufacturing (garment unit)
Interest rate11% p.a. (MCLR + 3%)
Total tenure7 years (84 months)
Moratorium18 months
Monthly payment (moratorium)₹45,833 (interest only)
Monthly EMI (post-moratorium)₹97,085
Total interest₹22,32,610
Total payment₹72,32,610

Sunita's project cost is ₹66.67 lakh (loan ₹50L = 75%, margin ₹16.67L = 25%). With PMEGP subsidy of 25% (urban woman), she gets ₹16.67L subsidy — her own contribution becomes ₹0. She effectively gets the full project funded through Stand Up India + PMEGP convergence.

Stand Up India Eligibility Criteria

Eligibility at a glance
Criterion Requirement
Borrower category SC, ST, or woman entrepreneur
Enterprise type Greenfield (new) enterprise only — not expansion
Sectors Manufacturing, services, trading, agriculture-allied
Loan range ₹10,00,000 to ₹1,00,00,000 (₹10L to ₹1Cr)
Interest rate Base rate + 3% + tenor premium (typical: 10–12% p.a.)
Repayment period Up to 7 years (including moratorium)
Moratorium Up to 18 months (interest-only payments)
Margin money 25% (can be met via PMEGP/state scheme convergence)
Collateral No additional collateral — assets created from loan serve as security
Loan type Composite loan (term loan + working capital)
Bank mandate At least 1 SC/ST and 1 woman per bank branch
Apply via standupmitra.in (SIDBI) or any bank branch

FAQ

Stand Up India is a Government of India scheme launched on 5 April 2016 to promote entrepreneurship among Scheduled Castes (SC), Scheduled Tribes (ST), and women. It provides bank loans between ₹10 lakh and ₹1 crore for setting up greenfield (new) enterprises in manufacturing, services, trading, or agriculture-allied activities. Each bank branch is mandated to extend at least one loan to an SC/ST borrower and at least one to a woman borrower. The scheme was initially set to run until 2020 but has been extended multiple times — it continues through FY 2025-26.
The interest rate under Stand Up India is linked to the bank's base rate (MCLR) + up to 3% + tenor premium. The effective rate should not exceed the base rate + 3%. In practice, rates typically range from 10% to 12% per annum in FY 2025-26. The maximum repayment period is 7 years, which includes a moratorium of up to 18 months. During moratorium, only interest is paid — no principal repayment. After moratorium, the remaining tenure is used for standard reducing-balance EMI repayment.
Stand Up India requires a margin money (own contribution) of 25% of the total project cost. However, the scheme explicitly allows convergence with other government subsidies to meet this margin. The most common convergence is with PMEGP (Prime Minister's Employment Generation Programme), which provides a subsidy of:
  • SC/ST and women (urban): 25% subsidy on project cost
  • SC/ST and women (rural): 35% subsidy on project cost
  • General category (urban): 15% subsidy
  • General category (rural): 25% subsidy
By combining PMEGP + state MSME subsidies, your effective own contribution can be reduced to near zero. Many state governments also offer additional capital subsidies under their industrial policies.
Stand Up India and MUDRA (PMMY) serve different segments:
  • Loan amount: Stand Up India: ₹10L–₹1Cr; MUDRA: up to ₹10L
  • Eligibility: Stand Up India: only SC/ST/women; MUDRA: any Indian citizen
  • Enterprise type: Stand Up India: greenfield only; MUDRA: new or existing
  • Moratorium: Stand Up India: up to 18 months; MUDRA: none
  • Margin: Stand Up India: 25%; MUDRA: no margin requirement
  • Collateral: Both do not require additional collateral
For smaller needs (up to ₹10L), MUDRA is more accessible. For larger greenfield projects by SC/ST/women entrepreneurs, Stand Up India is the right scheme.
Apply through:
  • Any scheduled commercial bank branch — each branch is mandated to give at least 1 SC/ST and 1 woman loan
  • standupmitra.in — the official SIDBI portal for Stand Up India, connecting borrowers with banks and handholding agencies

Documents typically required:
  • Aadhaar card + PAN card (KYC)
  • Caste certificate from competent authority (for SC/ST)
  • Detailed project report with cost estimates
  • Proof of business premises (lease agreement / ownership)
  • Proof of 25% margin money (or convergence with PMEGP/state subsidy)
  • Photographs, address proof, bank account details
Handholding agencies listed on standupmitra.in help with project report preparation, bank liaison, and post-sanction support.

Related Calculators

Add This Calculator to Your Website

Embed the sum.money Stand Up India Loan Calculator on your site. Free, responsive, always up-to-date with current scheme guidelines.

<iframe src="https://sum.money/embed/in/stand-up-india-loan-calculator" width="100%" height="600"></iframe>