Individual micro food processing units would be provided credit-linked capital subsidy @35% of the eligible project cost with a maximum ceiling of Rs.10.0 lakh per unit.

The beneficiary contribution should be a minimum of 10% of the project cost with the balance being a loan from the Bank.


Eligibility criteria for individual micro enterprises

  • Existing micro food processing units in operations;
  • The enterprise should be unincorporated and should employ less than 10 workers;
  • The enterprise should preferably be involved in the product identified in the ODOP of the district. Other micro enterprises could also be considered;
  • The applicant should have ownership right of the enterprise; Ownership status of enterprise could be proprietary / partnership firm;
  • The applicant should be above 18 years of age and should possess at least VIII standard pass educational qualification;
  • Only one person from one family would be eligible for obtaining financial assistance.
  • Willingness to formalize and contribute 10% of project cost and obtain Bank loan;


List of Documents Required

Mandatory Documents to be Uploaded, whichever applicable
  • PAN Card copy (Business Owner)
  • PAN Card copy (Business Partners)
  • Certificate of Registration/Incorporation of Enterprises
  • Proof of address - Utility bills (Electricity/Water/Landline)
  • Photocopy of Bank Statement/Bank Passbook of last 6 months
  • Ownership proof of the business premise
  • Valid rent/leased agreement
Optional Documents to be Uploaded, whichever applicable
  • GSTIN Registration Certificate
  • GST Returns
  • Copy of licenses as per industry (Eg: FSSAI, Fertilizer, Pollution Control etc)
  • An audited Balance sheet with annexures of last 3 years along with ITR
  • Sanction letter and Repayment Schedule of loan
  • Loan statement of active loans