Loan up to 80%
You will be very easy to do this kind of business, because first thing is that the complete details of the reports are provided to you by the government itself. Apart from this, you can get up to 80% loan. You do not even need to prepare a project report for loan because it has already been made by the government, you can use it. Read also: Now replace petrol pump, earning through e-charging station!
Earning up to 50 thousand per month
In a total of seven months, you can complete all its formalities and start production. According to project profile report of the money scheme, you will be able to produce about 4 lakh kg in a year, whose total value is about Rs 47 lakh. After spending expenses and other liabilities, you will get annual income of 6 lakh rupees. Read also: Start at Rs 3 to 4 lakhs! These businesses will be able to earn in thousands, but not millions!
How much will you pay in total expenditure
To apply this unit you will need a total of 750 square feet area. It will cover 500 square feet and the rest will be unchecked. There will be a total of 8 devices, including machines. The cost of installing machines and the cost of them will be only 1 lakh rupees. A total of Rs. 15.30 lakhs will be spent for this entire setup. This includes space, machinery, three-month working capital. From this, you only have to spend Rs 3.82 lakhs as you can take the loan from the banks. Read also: You can also earn by bike-taxi!
Get the project report from here
If you want to start this business, you will get full information about it at http://www.mudra.org.in/. You will get loan from any government or private bank. Under the money scheme, you can get up to 80% of the total project cost.
read this also:
This business will start at Rs 25 thousand, earning up to 1.40 lakh
Start this business in 50 thousand rupees, government will loan up to 90 percent
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