How to apply under Stand-Up India ?
To apply under Stand-Up India, one needs to submit application online. A prospective entrepreneur has to submit his application in four stages. These are Registration, choosing support, Completing the application form and finally Selecting the preferred lender / Banker (from whom wishes to avail loan).
To complete the entire process, it is suggested that you should keep ready some data / information. With this information / data it would be easier to complete the registration process and complete submission of loan application.
Required data to complete Stand-Up India Loan Application,
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Business Information:
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Enterprise Name
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Constitution
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Address with pin code
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Available space for Business
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Contact details, email, Telephone and Mobile No
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Enterprise PAN No.
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Business activity:
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Proposed business activity
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Existing business activity if any and commencement date.
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Firm Registration details:
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Registration number
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Where it was registered and registered under which act.
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Key persons (Proprietor /Partner/ Director etc.) details (for each to be kept ready):
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Data of each key person i.e. Proprietor / Partner/ Director etc.
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Details like, Name, Date of birth, Gender, Address, contact details, qualification(s) and experience if any
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Identification details like, Aadhar No, PAN no, Voter ID, Driving license no, Passport etc.
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Social category of Chief Promoter
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Details of Associate firms:
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Name and address of the associate firm, nature of association, extent of interest of the key person(s) (in %), present banking details.
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Present Banking details
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Proposed credit facilities:
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Details of each type of credit facility i.e. Cash Credit, Term Loan Non fund based etc. Purpose and amount of the credit needs details of primary security etc.
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Employment generation: Expected employment generation
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Future /Projected estimates of financials
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Status of statutory / regulatory licenses, permissions etc.
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Preferred Banks (to avail loan)
The basic information needed to complete the registration and submission of application form for “Stand-Up India” is advised here. If you keep ready this information the registration process would be seamless.
All the best