Bank-ready embroidery unit report under PM Vishwakarma — project cost ₹2–20 Lakh, subsidy, CMA data, DSCR ≥ 1.50 and 5-year projections.
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For entrepreneurs in India looking to start or expand an embroidery unit under the PM Vishwakarma scheme, a bank-ready project report is the cornerstone of a successful loan application. This scheme, targeting traditional artisans and craftspeople, offers subsidized loans of up to ₹2 lakh (first tranche) and ₹5 lakh (second tranche) at 5% interest, with a 60% subsidy on toolkits up to ₹15,000. For an embroidery unit classified under NIC 13993, the project cost typically ranges from ₹2 lakh to ₹20 lakh, covering machinery (computerized embroidery machines, thread, fabric), working capital, and setup expenses. A comprehensive project report must include CMA (Credit Monitoring Arrangement) data, Debt Service Coverage Ratio (DSCR) analysis, and 5-year financial projections to demonstrate viability. This page provides a detailed format and subsidy breakdown specific to embroidery units, helping you navigate the application process with confidence and secure funding under PM Vishwakarma.
To qualify for the PM Vishwakarma scheme for an embroidery unit, you must be an Indian artisan or craftsperson engaged in traditional embroidery work (e.g., zardozi, chikankari, phulkari, or machine embroidery). There is no age bar, but you must have a family income below ₹8 lakh per annum. The scheme is available to individuals, not companies or partnerships, and you must not have availed any other government loan subsidy in the past 5 years (except for skill training). You need to register on the PM Vishwakarma portal with Aadhaar, bank account, and a brief work profile. For embroidery units, prior experience or a certificate in embroidery is beneficial but not mandatory. The scheme covers both rural and urban artisans, with a focus on women and SC/ST entrepreneurs.
For an embroidery unit under PM Vishwakarma, the project cost is divided into two tranches. Tranche 1 (up to ₹2 lakh) covers basic tools and working capital: a single-head computerized embroidery machine (₹1-1.5 lakh), threads, fabrics, hoops, and software (₹30,000-50,000), plus working capital for raw materials (₹20,000-50,000). Tranche 2 (up to ₹5 lakh, after 6 months of successful repayment) can fund a multi-head machine (₹3-4 lakh), additional accessories, and expansion. The subsidy is 60% on toolkit cost up to ₹15,000 (i.e., maximum ₹9,000 subsidy in Tranche 1). The loan is collateral-free due to CGTMSE coverage. Interest rate is fixed at 5% per annum, and repayment tenure is 5 years with a 6-month moratorium. A project report should include a detailed cost breakup, CMA data, and DSCR calculation showing at least 1.25 times coverage.
To prepare your PM Vishwakarma project report for an embroidery unit, you need: 1) Aadhaar card and PAN card of the applicant. 2) Bank account details (cancelled cheque or passbook). 3) Proof of residence (voter ID, electricity bill, etc.). 4) Caste certificate (if SC/ST/OBC for additional benefits). 5) Income certificate (below ₹8 lakh). 6) Photographs of the applicant and workspace (if existing). 7) Quotations for machinery and raw materials from suppliers. 8) Skill certificate or training proof (if any). 9) Business plan with 5-year financial projections, including profit & loss, balance sheet, and cash flow. 10) CMA format data (current assets, current liabilities, working capital gap). The project report should be signed by the applicant and countersigned by a Chartered Accountant or a certified project report preparer for bank submission.
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PM Vishwakarma format + embroidery unit economics combined correctly.
Subsidy/margin money for PM Vishwakarma auto-computed.
Project cost ₹2–20 Lakh, NIC 13993.
CMA, DSCR ≥ 1.50, 5-year projections.
Editable; Word + Excel exports; first report free.
Yes — PM Vishwakarma (artisan loan + toolkit) is commonly used for embroidery unit. The report is formatted to PM Vishwakarma requirements with subsidy/margin money shown.
artisan loan + toolkit — computed automatically in the means-of-finance and subsidy sections.
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The PM Vishwakarma scheme offers loans in two tranches: first tranche up to ₹2 lakh, and second tranche up to ₹5 lakh (total ₹7 lakh). However, for embroidery units with higher project costs (up to ₹20 lakh), you can combine PM Vishwakarma with other schemes like MUDRA or bank loans, but the subsidy is only on the first ₹2 lakh toolkit. The loan is at 5% interest, repayable over 5 years.
The scheme provides a 60% subsidy on the cost of toolkit up to a maximum of ₹15,000. So, if your toolkit (embroidery machine, needles, hoops, etc.) costs ₹15,000 or more, you get ₹9,000 subsidy. If the toolkit costs less (e.g., ₹10,000), the subsidy is 60% of that (₹6,000). The subsidy is credited directly to your bank account after the loan is disbursed and the toolkit is purchased.
No, the scheme explicitly states that you cannot have availed any other government loan subsidy in the last 5 years. However, if you have a regular bank loan (without subsidy), you may still be eligible. It's best to check with your local PM Vishwakarma center. The scheme aims to support first-time borrowers or those without prior subsidized loans.
For PM Vishwakarma, banks typically require a Debt Service Coverage Ratio (DSCR) of at least 1.25 for the loan to be viable. In your project report, you need to project net profit after tax, add back depreciation and interest, and divide by the total debt service (principal + interest) for each year. For an embroidery unit, with proper planning, DSCR can be 1.5-2.0, ensuring comfortable repayment.