PMFME Loan is a government-backed financial assistance scheme aimed at strengthening micro food processing enterprises across India. It supports individuals, farmer groups, SHGs, and small food businesses by providing structured funding, subsidy benefits, and formal banking access to promote sustainable growth in the food processing sector.
PMFME (Pradhan Mantri Formalisation of Micro Food Processing Enterprises) Loan is a centrally sponsored scheme launched by the Ministry of Food Processing Industries (MoFPI). The scheme focuses on formalising and expanding micro food processing units through credit-linked subsidy and institutional finance. Under PMFME, eligible applicants can receive subsidy up to 35% of the project cost, along with bank loan support, helping food-based businesses scale operations and improve competitiveness.
Verify applicant, business, and subsidy eligibility.
Creation of bank-ready DPR as per PMEGP norms.
Submission through the official PMEGP portal.
Liaison with bank, KVIC / DIC authorities.
Guidance for personal interview and inspections.
Loan approval followed by subsidy credit.
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