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Business, & agriculture finance

Agri & Food Enterprises Loan (AFEL)

Finance for agri commodity, food processing, agri-input manufacturing, exports and selected agri infrastructure or ancillary activities, up to ₹100 crore.

Loan amount₹1 lakh to ₹100 croreInterest rateAttractive interest rate starting from EBR (External Benchmark-based Rate); the current page does not publish a separate spread, so the final rate is set under SBI's applicable sanction terms.Customer typeProprietorships, partnerships, private limited companies, LLPs, corporates and FPOs engaged in agri-allied and related activities
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Quick eligibility check

Agri & Food Enterprises Loan (AFEL)

0 of 8 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: Proprietorship, partnership, private limited company, LLP, corporate or FPO engaged in agri commodity, food processing, agri-input manufacturing, agri exports, agri infrastructure or ancillary activity?

Published source: Eligibility

2Do you meet this requirement: Indicative checklist: loan application with photographs?

Published source: Documents required

3Do you meet this requirement: licences or permissions for the activity?

Published source: Documents required

4Do you meet this requirement: detailed project report?

Published source: Documents required

5Do you meet this requirement: approved-supplier quotations for machinery/equipment and an approved-engineer construction plan where applicable?

Published source: Documents required

6Document checkDo you have this required document or proof: Business, project and financial documents as required by SBI?

Published source: Documents required

7Document checkDo you have this required document or proof: income documents such as ITR and projected/audited financial statements?

Published source: Documents required

8Document checkDo you have at least one of these required documents: and any other document SBI prescribes for the project or unit?

Published source: Documents required
0 of 8 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 11 Sept 2026 · active
Offered byState Bank of India

India

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

FacilityFinance for agri-allied and related business activitiesEffective 30 Apr 2025View source
For financing business entities engaged in Agri Allied and related activities.
Source
Bouquet of Products and Services — Version 3.0 (Agriculture loan section)
Page / section
Printed page 32 / physical page 39 — AFEL
Accessed
10 Sept 2026
Confidence
high
Open official source ↗
Loan amount₹1 lakh to ₹100 croreEffective 30 Apr 2025View source
Loan Quantum – Rs. 1 lakh to Rs. 100 Cr.
Source
Bouquet of Products and Services — Version 3.0 (Agriculture loan section)
Page / section
Printed page 32 / physical page 39 — AFEL
Accessed
10 Sept 2026
Confidence
high
Open official source ↗
TenureUp to 10 years including maximum 24-month moratoriumEffective 30 Apr 2025View source
Loan Term – up to 10 years including max. moratorium of 24 months.
Source
Bouquet of Products and Services — Version 3.0 (Agriculture loan section)
Page / section
Printed page 32 / physical page 39 — AFEL
Accessed
10 Sept 2026
Confidence
high
Open official source ↗
Interest rateAttractive interest rate starting from EBR (External Benchmark-based Rate); the current page does not publish a separate spread, so the final rate is set under SBI's applicable sanction terms.Effective 12 Feb 2026View source
The current page states: Interest Rate: Attractive Interest rate starting from . No numeric spread is shown on the product page.
Source
Agri & Food Enterprises Loan (AFEL) — current product page
Page / section
Features — Interest Rate
Accessed
11 Sept 2026
Confidence
high
Open official source ↗
EligibilityProprietorship, partnership, private limited company, LLP, corporate or FPO engaged in agri commodity, food processing, agri-input manufacturing, agri exports, agri infrastructure or ancillary activityEffective 30 Apr 2025View source
Target group and eligible entities are listed in the AFEL panel.
Source
Bouquet of Products and Services — Version 3.0 (Agriculture loan section)
Page / section
Printed page 32 / physical page 39 — Target Group and Eligible Entities
Accessed
10 Sept 2026
Confidence
high
Open official source ↗
Collateral and securityPrimary security is hypothecation of plant, machinery, stocks, receivables and other movable assets created out of SBI finance, present and future. Collateral is nil up to ₹10 crore where a credit-guarantee cover is availed; without cover, collateral is nil up to ₹2 lakh and above ₹2 lakh requires a SARFAESI-compliant property mortgage with market value of at least 40% of the sanctioned limit. Bank-financed assets must be comprehensively insured until repayment.Effective 12 Feb 2026View source
The page specifies primary hypothecation, the ₹10 crore guarantee-covered collateral limit, the ₹2 lakh no-collateral threshold without cover, the 40% property-value rule and mandatory insurance.
Source
Agri & Food Enterprises Loan (AFEL) — current product page
Page / section
Primary; Collateral Security; Insurance
Accessed
11 Sept 2026
Confidence
high
Open official source ↗
Documents requiredIndicative checklist: loan application with photographs; income documents such as ITR and projected/audited financial statements; licences or permissions for the activity; detailed project report; approved-supplier quotations for machinery/equipment and an approved-engineer construction plan where applicable; title deeds; house/property-tax receipts; memorandum and articles of association where applicable; borrowing resolution where applicable; and any other document SBI prescribes for the project or unit. The page says the list may vary by project.Effective 12 Feb 2026View source
The current page labels the list indicative and enumerates application, income/financial, licence, project, quotation, title, tax, constitution and borrowing-resolution documents.
Source
Agri & Food Enterprises Loan (AFEL) — current product page
Page / section
Documents Required
Accessed
11 Sept 2026
Confidence
high
Open official source ↗
Geographic limitsIndiaView source
The manually reviewed product record states: “India”.
Source
Agri & Food Enterprises Loan (AFEL) — official product page
Page / section
Published product metadata
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Customer typeProprietorships, partnerships, private limited companies, LLPs, corporates and FPOs engaged in agri-allied and related activitiesView source
The manually reviewed product record states: “Proprietorships, partnerships, private limited companies, , corporates and engaged in agri-allied and related activities”.
Source
Agri & Food Enterprises Loan (AFEL) — official product page
Page / section
Published product metadata
Accessed
4 Sept 2026
Confidence
high
Open official source ↗

Benefits and features

  • ₹1 lakh–₹100 crore loan quantum
  • Up to 10-year term including up to 24-month moratorium
  • Covers agri commodity, food processing, agri inputs, exports and infrastructure

Eligibility

  • Eligible business entities include proprietorships, partnerships, private limited companies, , corporates and .

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Business, project and financial documents as required by

Related official documents

Agri & Food Enterprises Loan (AFEL) — SBI current product pageofficial-product-page · current · accessed 11 Sept 2026
↗
SBI Bouquet of Products & Services — Agriculture: Loan Productsofficial-pdf · current · accessed 4 Sept 2026
↗
SBI Agriculture Segment Interest Structure as on 15 August 2026official-pdf · current · accessed 6 Sept 2026
↗
SBI Bouquet of Products and Services v3.0 — agriculture loan productsofficial-pdf · historical-reference · accessed 24 Sept 2026
↗
Finance to Farmer Producer Companies — SBI AFEL pageofficial-product-page · current · accessed 4 Sept 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Kisan Samriddhi Rin · product-code row45 KSR

This value is copied from agriculture products — current rate-sheet matches. Check the table notes before relying on it.

Source: Agriculture Segment Interest Structure as on 15 August 2026 · All six pages; Agriculture Business — Interest Rates on Loans & Advances Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 14 rows · 5 columnsSBI agriculture products — current rate-sheet matchesProduct-code rows matched to the SBI Agriculture Segment Interest Structure. Indicative rates add the published spread to the PDF's current benchmark base and remain subject to the product's eligibility, risk, concession and subvention terms.View tableHide table

Scroll sideways to view every column

SBI agriculture products — current rate-sheet matches
Product product-code rowBenchmark and spreadIndicative rate using published basePublished qualification
Kisan Samriddhi Rin45 KSR1-year + 180 bps10.50% p.a. (8.70% + 1.80%)Before applicable concessions/other pricing terms
Agri & Food Enterprises Loan2 / 23–24; working-capital row + 200 bps7.90% + + ; 9.90% before / for +200-bps rowTerm-loan and working-capital rows differ
Agriculture Gold LoanCROP 33 Gold Loan1-year + 325 bps11.95% p.a.Before applicable subvention/concessions
PMFME2 EB-TL-AGR- FME + 200 bps9.90% before / printed as 7.90% + +
Agriculture Infrastructure Fund4 MC-ATL Agri Infra Fund6-month + 100 bps9.60% p.a.Separate 3% interest-subvention terms preserved
Kisan Credit CardMC-Revised 1-year + 325 bps11.95% p.a.7% subvention note appears for eligible bands
3 EB-TL-AGR- + 200 bps9.90% before /Separate 3% subvention terms preserved
Warehouse Receipt FinanceCROP 36–39 + 25/50/40/65 bps by receipt and tenor8.15% / 8.40% / 8.30% / 8.55%Six- and twelve-month variants
Tractor Loan5 MC-New Tractor Loan1-year + 435/400/360 bps by collateral13.05% / 12.70% / 12.30%Collateral value controls spread
Fishing / Processing16 MC-ATL Fishing Processing1-year + 360 bps12.30% p.a.Before applicable adjustments
Poultry / Processing15 MC-ATL Poultry Processing1-year + 200 bps10.70% p.a.Before applicable adjustments
Dairy / Processing18–191-year + 360/40 bps12.30% / 9.10%Dairy and corporate-tie-up rows differ
Finance48–491-year + 500 bps13.70% p.a.Tiered rows are also published
Svayam Siddha50–51 + 250 bps () / 1-year + 300 bps (agri)10.40% / 11.70%Activity determines formula
  • benchmark columns: 7.90% + + and as on 15.08.2026; 1-year 8.70% and 6-month 8.60%.
  • Indicative rates are arithmetic reference values, not a promise of sanction pricing.
  • Rows without an unambiguous canonical product match were not assigned to a product.
Agriculture Segment Interest Structure as on 15 August 2026 · All six pages; Agriculture Business — Interest Rates on Loans & Advances · effective 15 Aug 2026 · accessed 6 Sept 2026Open official source ↗
Table 2 · 11 rows · 2 columnsAFEL quantum, margins and securityPublished facility limits and security rules for Agri & Food Enterprises Loan.View tableHide table

Scroll sideways to view every column

AFEL quantum, margins and security
ParameterPublished detail
Eligible entitiesIndividuals, proprietorships, partnerships, private limited companies, , corporates and qualifying legal entities
Facility typesCash Credit, Term Loan, Bank Guarantee and Letter of Credit; export credit and bill discounting for eligible agri exporters
Loan quantumMinimum ₹1 lakh; maximum ₹100 crore
Term-loan margin10%–20% depending on project cost and loan quantum
Working-capital marginStocks 20%; book debts/receivables 40%
Corporate tie-up working-capital marginStocks 10%; book debts/receivables 20%
RepaymentMaximum 10 years including moratorium up to 24 months; cash credit is one year, repayable on demand and renewed annually
Primary securityHypothecation of plant, machinery, stocks, receivables and other movable assets created from bank finance
Collateral with credit guaranteeNil up to ₹10 crore
Collateral without credit guaranteeNil up to ₹2 lakh; above ₹2 lakh, SARFAESI-compliant property mortgage worth at least 40% of sanctioned limit
InsuranceComprehensive insurance of bank-financed assets until full repayment
Agri & Food Enterprises Loan (AFEL) — current product page · Features, Repayment, Primary, Collateral Security and Insurance · effective 12 Feb 2026 · accessed 11 Sept 2026Open official source ↗

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