Finance To Food Processing Industry - MSME Loan / SME Loan Scheme | SBI - Business
finance to food processing industry
Purpose
To encourage units engaged in food processing industry such as :
- Fruit and vegetable processing industry
- Food grain milling industry
- Dairy products
- Processing of poultry and eggs, meat products
- Fish processing
- Bread, oilseeds, meals (edible), breakfast foods, biscuits, confectionery, other ready to eat food products.
- Aerated water/ soft drinks and other processed foods
- Special packaging for food processing industries etc
Special pricing applicable to Food Processing Units (Concessionary Pricing)
Pricing depends upon Internal Rating, External Rating & availability of collateral security which ranges between 0.45% to 2.90% over & above one year MCLR/ RLLR.
Processing Fee(annually) For renewals also
As applicable to the regular loans:
- Upto Rs.25000: Nil
- > Rs.25000 but upto Rs.2 lacs: Rs.550.00
- > Rs.2 lacs & upto Rs.10 lacs: Rs.1000.00
- > Rs.10 lacs & upto Rs.50 lacs: 0.40% of the loan amount
- > Rs.50 lacs: Depends upon the rating ( 0.20% of the loan amount to 0.40% of the loan amount, maximum Rs.40 lacs)
Last Updated On : Thursday, 02-01-2020

Interest Rates
2.70% p.a.
less than Rs.10 Cr. w.e.f 15.10.22
3.00% p.a.
Rs.10 Cr. and above w.e.f 15.10.22
2.70% p.a.
Balance below Rs. 10 crs
3.00% p.a.
Balance Rs. 10 crores and above
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Criteria
- Features
- Eligibility
- Terms and Conditions

Interest Rates
2.70% p.a.
less than Rs.10 Cr. w.e.f 15.10.22
3.00% p.a.
Rs.10 Cr. and above w.e.f 15.10.22
2.70% p.a.
Balance below Rs. 10 crs
3.00% p.a.
Balance Rs. 10 crores and above