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Pradhan Mantri Formalization of Micro Food Processing Enterprises (PMFME)

Finance and support for new or existing micro food-processing enterprises, with online PMFME application and published capital subsidy.

Facility amountThe current SBI PMFME page publishes no minimum or maximum loan ceiling; the amount is assessed against project cost and the scheme's security, subsidy and appraisal rules.Interest rateFor eligible MSME entities: up to ₹2 crore, EBLR + 2.00%; above ₹2 crore, SBI's extant guidelines apply. For FPOs, SHGs and producer cooperatives: up to ₹50 lakh, EBLR + 3.60%; above ₹50 lakh, SBI's extant guidelines apply.Customer typeIndividual and group micro food-processing enterprises, FPOs, SHGs and cooperatives
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Quick eligibility check

Pradhan Mantri Formalization of Micro Food Processing Enterprises (PMFME)

0 of 9 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: Individual and group micro food-processing enterprises, FPOs, SHGs and cooperatives?

Published source: Customer type

2Do you meet this requirement: Application form?

Published source: Required documents

3Do you meet this requirement: detailed project report (DPR)?

Published source: Required documents

4Do you meet this requirement: Individual entrepreneurs, proprietorship firms, partnership firms, FPOs, NGOs, cooperatives, SHGs and private limited companies that have established or propose to establish a micro food-processing unit?

Published source: Eligibility

5Do you meet this requirement: Individual entrepreneurs, proprietorship firms, partnership firms, FPOs, NGOs, cooperatives, SHGs and private limited companies that have established or propose to establish a micro food-processing unit are listed as eligible entities?

6Document checkDo you have this required document or proof: Application form?

Published source: Required documents

7Document checkDo you have this required document or proof: Two passport-size photographs?

Published source: Required documents

8Document checkDo you have at least one of these required documents: Identity proof (driving licence, Aadhaar, voter ID or passport)?

Published source: Required documents

9Document checkDo you have at least one of these required documents: Address proof (voter ID, driving licence or Aadhaar)?

Published source: Required documents
0 of 9 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 14 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.

SupportFinancial, technical and business support for new and existing micro food-processing enterprisesEffective 30 Apr 2025View source
Financial, technical and business support for upgradation of existing and new food processing entrepreneurs, , and Cooperatives.
Source
Bouquet of Products and Services — Version 3.0 (Agriculture loan section)
Page / section
Printed page 33 / physical page 40 — PMFME
Accessed
10 Sept 2026
Confidence
high
Open official source ↗
Geographic limitsIndiaView source
The manually reviewed product record states: “India”.
Source
Pradhan Mantri Formalization of Micro Food Processing Enterprises (PMFME) — official product page
Page / section
Published product metadata
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Customer typeIndividual and group micro food-processing enterprises, FPOs, SHGs and cooperativesView source
The manually reviewed product record states: “Individual and group micro food-processing enterprises, , and cooperatives”.
Source
Pradhan Mantri Formalization of Micro Food Processing Enterprises (PMFME) — official product page
Page / section
Published product metadata
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Facility amountThe current SBI PMFME page publishes no minimum or maximum loan ceiling; the amount is assessed against project cost and the scheme's security, subsidy and appraisal rules.Effective 23 Jul 2025View source
The current page states: Minimum loan: No ceiling; Maximum loan: No ceiling.
Source
Formalization of Micro Food Processing Enterprises (PMFME Scheme) — official product page
Page / section
Features — Quantum of Loan
Accessed
14 Sept 2026
Confidence
high
Open official source ↗
Interest rateFor eligible MSME entities: up to ₹2 crore, EBLR + 2.00%; above ₹2 crore, SBI's extant guidelines apply. For FPOs, SHGs and producer cooperatives: up to ₹50 lakh, EBLR + 3.60%; above ₹50 lakh, SBI's extant guidelines apply.Effective 23 Jul 2025View source
The page lists + 200 bps for eligible up to ₹2 crore and + 360 bps for //producer cooperatives up to ₹50 lakh, with extant guidelines above those amounts.
Source
Formalization of Micro Food Processing Enterprises (PMFME Scheme) — official product page
Page / section
Features — Interest rate
Accessed
14 Sept 2026
Confidence
high
Open official source ↗
Repayment tenureMaximum 10 years including a maximum moratorium of 6–24 months.Effective 23 Jul 2025View source
The current page states maximum repayment of 10 years including maximum moratorium of 6–24 months.
Source
Formalization of Micro Food Processing Enterprises (PMFME Scheme) — official product page
Page / section
Features — Repayment
Accessed
14 Sept 2026
Confidence
high
Open official source ↗
Collateral and securityPrimary security is hypothecation of assets created from bank finance, including mortgage of land/building where applicable. Loans up to ₹2 lakh are collateral-free; loans above ₹2 lakh up to ₹10 lakh are also nil-collateral under PM MUDRA. Day-NRLM SHGs up to ₹10 lakh are nil-collateral and ₹10–₹20 lakh use CGFMU; FPO/FPCs use NABSanrakshan; MSME loans covered under CGTMSE are nil-collateral up to ₹10 crore. Other acceptable security is SARFAESI-compliant immovable property worth at least 30% from the unit or specified near relatives.Effective 23 Jul 2025View source
The Security section publishes the ₹2 lakh, ₹10 lakh, Day-NRLM , /, and 30%-property rules.
Source
Formalization of Micro Food Processing Enterprises (PMFME Scheme) — official product page
Page / section
Features — Security
Accessed
14 Sept 2026
Confidence
high
Open official source ↗
Upfront feeAs per SBI's extant guidelines; the page states that the fee is subject to revision by the bank from time to time.Effective 23 Jul 2025View source
The page states: Upfront fee as per Bank's extant guidelines, subject to revision by bank from time to time.
Source
Formalization of Micro Food Processing Enterprises (PMFME Scheme) — official product page
Page / section
Features — Upfront fee
Accessed
14 Sept 2026
Confidence
high
Open official source ↗
Required documentsApplication form; two passport-size photographs; identity proof such as driving licence, Aadhaar card, voter ID or passport; address proof such as voter ID, driving licence or Aadhaar card; detailed project report (DPR); and any other document required at sanction.Effective 23 Jul 2025View source
The current page lists the application form, photographs, identity/address proofs, DPR and any other sanction document.
Source
Formalization of Micro Food Processing Enterprises (PMFME Scheme) — official product page
Page / section
Document Required
Accessed
14 Sept 2026
Confidence
high
Open official source ↗
EligibilityIndividual entrepreneurs, proprietorship firms, partnership firms, FPOs, NGOs, cooperatives, SHGs and private limited companies that have established or propose to establish a micro food-processing unit.Effective 23 Jul 2025View source
The Eligible Entities section lists individual entrepreneurs, proprietorships, partnerships, , NGOs, cooperatives, and private limited companies with an established or proposed micro food-processing unit.
Source
Formalization of Micro Food Processing Enterprises (PMFME Scheme) — official product page
Page / section
Eligible Entities
Accessed
14 Sept 2026
Confidence
high
Open official source ↗

Benefits and features

  • Technical, financial and business support
  • 35% capital subsidy for eligible projects subject to published caps
  • Branding, marketing, common facilities and incubation support

Eligibility

  • Individual entrepreneurs, proprietorship firms, partnership firms, , NGOs, cooperatives, and private limited companies that have established or propose to establish a micro food-processing unit are listed as eligible entities.

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

Documents the bank lists

  • Application form
  • Two passport-size photographs
  • Identity proof (driving licence, Aadhaar, voter or passport)
  • Address proof (voter , driving licence or Aadhaar)
  • Detailed project report (DPR)
  • Any other document required at sanction

Related official documents

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
↗
PM Formalization of Micro Food Processing Enterprises (PMFME Scheme) — official SBI product pageofficial-product-page · current · accessed 14 Sept 2026
↗

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One monthly payment₹12,647twelve thousand six hundred forty-seven rupees
Interest paid over the full loan₹5,35,300five lakh thirty-five thousand three hundred rupees
Everything you repay₹30,35,300thirty lakh thirty-five thousand three hundred 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 · 22 rows · 2 columnsSBI PMFME — published quantum, security, rate and subsidy termsThe current official PMFME page's complete feature and security schedule, retained as a product-page table.View tableHide table

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SBI PMFME — published quantum, security, rate and subsidy terms
TopicPublished term
FacilityTerm loan
MarginMinimum 10% of project cost
Loan quantumNo minimum ceiling and no maximum ceiling published
RepaymentMaximum 10 years including a maximum moratorium of 6–24 months
Primary securityHypothecation of assets created from bank finance, including mortgage of land and building wherever applicable
Collateral up to ₹2 lakhNil
Loans above ₹2 lakh to ₹10 lakhNil collateral; covered under Yojana
Day-NRLM up to ₹10 lakhNil collateral
Day-NRLM above ₹10 lakh to ₹20 lakh coverage
and Credit Guarantee Scheme under NABSanrakshan
units covered under Nil collateral up to ₹10 crore loan limit
Other acceptable collateralSARFAESI-compliant immovable property worth at least 30% belonging to the unit/promoter/partner/director or specified near relatives
interest rate up to ₹2 crore + 200 bps
interest rate above ₹2 croreAs per extant guidelines
//producer cooperative interest rate up to ₹50 lakh + 360 bps
//producer cooperative interest rate above ₹50 lakhAs per extant guidelines
Upfront feeAs per extant guidelines and subject to revision
Individual micro-enterprise subsidy35% of eligible project cost, capped at ₹10 lakh per unit
//cooperative subsidy35% of eligible project cost
Common-infrastructure subsidy35% of eligible project cost
Credit guarantee for eligible collateral-free loans up to ₹5 crore; for other categories
Portalpmfme.mofpi.gov.in
  • The official page directs applicants to the nearest branch for further details. The page's feature section says there is no minimum or maximum loan ceiling; sanction remains subject to project appraisal and scheme rules.
Formalization of Micro Food Processing Enterprises (PMFME Scheme) — official product page · Features, Security, Interest rate, Subsidy / Grant, Credit Guarantee · effective 23 Jul 2025 · accessed 14 Sept 2026Open official source ↗
Table 3 · 7 rows · 2 columnsSBI PMFME — eligible entities and document checklistThe current page's eligibility and document checklist, preserved separately for product-page display.View tableHide table

Scroll sideways to view every column

SBI PMFME — eligible entities and document checklist
TopicPublished term
Eligible entitiesIndividual entrepreneurs, proprietorship firms, partnership firms, , NGOs, cooperatives, and private limited companies with an established or proposed micro food-processing unit
ApplicationApplication form
PhotographsTwo passport-size photographs
Identity proofDriving licence, Aadhaar card, voter identity card or passport
Address proofVoter card, driving licence or Aadhaar card
Project documentDetailed project report (DPR)
Additional documentsAny other document required as part of sanction
  • The page states that eligibility is for entities that have established or propose to establish a micro food-processing unit.
Formalization of Micro Food Processing Enterprises (PMFME Scheme) — official product page · Eligible Entities; Document Required · effective 23 Jul 2025 · accessed 14 Sept 2026Open official source ↗

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