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IND Micro Food Processing Enterprises (PMFME)

PMFME-linked term finance for formalising and upgrading micro food-processing businesses, with credit-linked subsidy and group infrastructure grants.

Interest rateRefer to the current Indian Bank Lending Rates link; no single percentage is printed on the product page.Maximum amountNo universal loan maximum is published; term finance is need-based and subsidy/grant ceilings are ₹10 lakh for eligible individual units and ₹3 crore for common infrastructure.TenureTerm-loan repayment up to 15 years; final structure follows project life and cash flows.
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Quick eligibility check

IND 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: the enterprise/group must meet PMFME target and project-appraisal requirements?

Published source: Minimum income

2Do you meet this requirement: Existing or new individual micro food-processing enterprises and groups such as SHGs, FPOs and cooperatives upgrading or formalising food-processing activities?

Published source: Eligibility

3Do you meet this requirement: subsidy is 35% subject to published ceilings and operating conditions?

Published source: Eligibility

4Can you provide this required proof: Project/upgrade plan, enterprise or group KYC, machinery and premises records, financial statements, subsidy and security/CGTMSE documents?

Published source: Required documents

5Do you meet this requirement: The scheme supports existing and new individual micro food-processing enterprises and groups such as SHGs, FPOs and cooperatives for upgrading and formalisation?

6Document checkDo you have this required document or proof: Project and upgrade plan?

Published source: Required documents

7Document checkDo you have this required document or proof: Enterprise/group constitution and KYC?

Published source: Required documents

8Document checkDo you have this required document or proof: Machinery, premises and cost records?

Published source: Required documents

9Document checkDo you have this required document or proof: Financial statements and bank records?

Published source: Required documents
0 of 9 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 31 Aug 2026 · active
Offered byIndian Bank

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.

Loan typeTerm loan; need-based working capital may be financed under other schemes.View source
The official facility row lists term loan and notes working-capital finance under other schemes.
Source
IND Micro Food Processing Enterprises — PMFME
Page / section
Type of Facility
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Interest rateRefer to the current Indian Bank Lending Rates link; no single percentage is printed on the product page.View source
The rate row refers applicants to the bank Lending Rates link.
Source
PMFME rate review
Page / section
Rate of Interest
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
BenchmarkNo product-specific benchmark or spread is printed.View source
The page contains only a lending-rates reference.
Source
PMFME benchmark review
Page / section
Rate of Interest
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
APRNo separate APR percentage is published.View source
No appears in the official criteria.
Source
PMFME review
Page / section
Complete product criteria
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Minimum incomeNo income threshold is published; the enterprise/group must meet PMFME target and project-appraisal requirements.View source
The scheme uses enterprise type and food-processing upgrade criteria rather than a salary floor.
Source
PMFME eligibility review
Page / section
Target Group; Objective
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Maximum amountNo universal loan maximum is published; term finance is need-based and subsidy/grant ceilings are ₹10 lakh for eligible individual units and ₹3 crore for common infrastructure.View source
The page publishes subsidy/grant ceilings but no loan ceiling.
Source
PMFME quantum and subsidy
Page / section
Facility; Subsidy / Grant
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
TenureTerm-loan repayment up to 15 years; final structure follows project life and cash flows.View source
The official repayment section publishes 15 years and possible cash-flow structures.
Source
PMFME repayment
Page / section
Repayment Period
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Processing feeAs per the service-charge circular for agricultural advances; no product-specific amount is printed.View source
The page refers to the agriculture service-charge circular.
Source
PMFME fee review
Page / section
Processing Charges
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureNo separate charge is published.View source
No foreclosure charge is stated.
Source
PMFME prepayment review
Page / section
Complete product criteria
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
EligibilityExisting or new individual micro food-processing enterprises and groups such as SHGs, FPOs and cooperatives upgrading or formalising food-processing activities; subsidy is 35% subject to published ceilings and operating conditions.View source
The official target-group and subsidy sections define applicants, 35% assistance and the operating-condition adjustment.
Source
PMFME eligibility and subsidy
Page / section
Target Group; Subsidy / Grant
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Required documentsProject/upgrade plan, enterprise or group KYC, machinery and premises records, financial statements, subsidy and security/CGTMSE documents.View source
The official criteria identify project, margin, security and subsidy records needed for appraisal.
Source
PMFME documentation
Page / section
Facility; margins; security; subsidy
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Term loan eligible for PMFME subsidy
  • Minimum margin 10%
  • Term-loan repayment up to 15 years
  • 35% subsidy up to ₹10 lakh for eligible existing micro units
  • 35% capital grant for //cooperatives and up to ₹3 crore for common infrastructure

Eligibility

  • The scheme supports existing and new individual micro food-processing enterprises and groups such as , and cooperatives for upgrading and formalisation.
  • Subsidy is adjusted against the loan when the account is standard and the unit operational after three years, or the grant is adjusted against repayment.

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

Documents the bank lists

  • Project and upgrade plan
  • Enterprise/group constitution and
  • Machinery, premises and cost records
  • Financial statements and bank records
  • Subsidy, security and documents

Related official documents

Interest Rates for Agri Products and Interest Rate Range — Indian Bankofficial-rate-table · current · accessed 31 Aug 2026
↗
IND Micro Food Processing Enterprises (PMFME) — Indian Bank official product pageofficial-product-page · current · accessed 31 Aug 2026
↗

Plan before applying

Try the numbers

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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.

Target group · Published detailIndividual micro food-processing units; , and cooperatives.

This value is copied from IND Micro Food Processing Enterprises (PMFME) — published terms. Check the table notes before relying on it.

Source: IND Micro Food Processing Enterprises — PMFME · Complete product criteria Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 8 rows · 2 columnsIND Micro Food Processing Enterprises (PMFME) — published termsCurrent Indian Bank PMFME finance, subsidy and security terms.View tableHide table

Scroll sideways to view every column

IND Micro Food Processing Enterprises (PMFME) — published terms
ParameterPublished detail
Target groupIndividual micro food-processing units; , and cooperatives.
FacilityTerm loan eligible for subsidy; need-based working capital under other schemes.
MarginMinimum 10%.
RepaymentUp to 15 years; project-life/cash-flow, bullet or structure.
Rate/feeRefer Lending Rates and agriculture service-charge circular; no single product number printed.
SecurityHypothecation; collateral nil up to ₹20 lakh, collateral above; guarantee as required; available.
Subsidy35% up to ₹10 lakh for eligible existing micro units; 35% capital grant for groups; up to ₹3 crore common-infrastructure grant.
AdjustmentSubsidy adjusted after three years if account standard and unit operational, or against repayment.
IND Micro Food Processing Enterprises — PMFME · Complete product criteria · accessed 31 Aug 2026Open official source ↗

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