Choose based on your loan amount requirement.
These figures go into your project cost statement in the report.
| Item | Typical Cost Range |
|---|---|
| Shop Renovation / Interior | ₹30,000–₹80,000 |
| Display Racks & Shelving | ₹20,000–₹50,000 |
| Refrigerator / Cold Storage | ₹15,000–₹40,000 |
| Weighing Scales (digital) | ₹3,000–₹8,000 |
| Billing Machine / POS System | ₹5,000–₹15,000 |
| Initial Stock (working capital) | ₹50,000–₹3,00,000 |
| Sign Board & Branding | ₹5,000–₹15,000 |
| Pre-operative Expenses | ₹5,000–₹10,000 |
| Total Project Cost (typical) | ₹1.3L – ₹6L |
These are indicative ranges. Cred lets you enter your actual costs to generate an accurate project report.
Yes, kirana stores (general stores) are one of the most commonly funded businesses under MUDRA Yojana and PMEGP. Under MUDRA Shishu, you can get up to ₹50,000; under MUDRA Kishor, up to ₹5 lakh; and under MUDRA Tarun, up to ₹10 lakh — all without collateral. You need a project report, Aadhaar, PAN, and shop registration (if available).
A kirana store project report must include: (1) Shop location and ownership details, (2) List of products/categories to be stocked, (3) Project cost — shelving, display racks, refrigeration, weighing machines, initial stock, (4) Working capital requirement — monthly stock purchase, (5) Revenue projection based on daily sales estimate, (6) Loan repayment schedule showing DSCR ≥ 1.25, and (7) CMA data for working capital limit.
Loan amount depends on the scheme: MUDRA Shishu gives up to ₹50,000 (no project report needed), MUDRA Kishor gives ₹50,000–₹5 lakh (project report needed), MUDRA Tarun gives ₹5–₹10 lakh (detailed project report needed). For larger stores with warehouse, PMEGP gives up to ₹25 lakh for urban and ₹10 lakh for rural — with 25–35% government subsidy.
Shop registration (Gumashta/Trade License) is preferred but not always mandatory for MUDRA Shishu and Kishor. For PMEGP and larger loans, a trade license from the local municipal body is required. Udyam Registration (MSME) significantly improves loan approval chances and can be done free online at udyamregistration.gov.in in under 10 minutes.
MUDRA loans for kirana stores are charged at 9–12% per annum depending on the bank. PMEGP loans are typically at 11–12% but come with 25–35% capital subsidy (so your effective cost is much lower). Public sector banks like SBI, Bank of Baroda, and Canara Bank offer the lowest rates. The project report must show the business can repay the EMI from monthly profits.
A small kirana store (100–200 sq ft) in a residential area typically earns ₹30,000–₹80,000 in monthly revenue with a gross margin of 8–15%. After expenses, net monthly income is ₹8,000–₹20,000. A medium store (300–500 sq ft) in a market area can earn ₹1.5–₹4 lakh monthly with net profit of ₹15,000–₹40,000. Your project report should show realistic projections based on your location.