Up to 80% can be loan- It will be very easy to do this type of business, because the first thing is that its full detail report provides you the government yourself. It involves every aspect of business involved. Apart from this, you can get up to 80% loan. You do not even need to prepare a project report for the loan, because the government has already made it, you can use it.
7 months will be setup- 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 47 lakh. After spending expenses and other liabilities, you will get a profit of Rs 6 lakh annually.
Read also: The opportunity to open the CNG pump and EV charging station will be earning from the first day1 lakh rupees, machines and equipment- 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 Rs. 1 lakh.
How much would you have to pay in total expenditure- A total of 15,30,000 rupees will be spent for this entire setup. This includes space, machinery, three-month working capital. From this, you have to spend only Rs 3,82,000, because you can take the loan from the banks.
Read also: Start in 2 lakh, this business can be up to 40 thousand rupees
Government will do such help- To start the business you need to show 4.23 lakh rupees from you. Working capital loan: 9 lakh; Term loan: 3.65 lakh; Total expenditure: 16.88 lakh You can apply for this in any bank under the Prime Minister's Money Scheme. For this, you have to fill in a form in which to give details … name, address, business start address, education, current income and how much loan. There would not have been any processing fees or guaranteed fees.
Project Report- If you want to start this business, you will get full information about it at http://www.mudra.org.in/.
Read also: Start in 4 lakhs, this business may be monthly, earning more than 50 thousand
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