Bank-ready mehendi cone unit report under PM Vishwakarma — project cost ₹1–10 Lakh, subsidy, CMA data, DSCR ≥ 1.50 and 5-year projections.
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This page provides a complete, bank-ready project report for a Mehendi Cone Unit under the PM Vishwakarma scheme (NIC 20236). Tailored for an entrepreneur in Jaipur, Rajasthan, with a project cost of ₹5 lakh, this report includes all financial projections required by banks: CMA data, Debt Service Coverage Ratio (DSCR), and 5-year income, cash flow, and balance sheet projections. The PM Vishwakarma scheme offers a 5% interest subvention on loans up to ₹1 lakh (first tranche) and ₹2 lakh (second tranche), plus a subsidy of up to ₹15,000 for toolkits. A proper project report is critical for loan approval, as it demonstrates viability, repayment capacity, and compliance with scheme guidelines. It covers raw material sourcing (henna powder, eucalyptus oil), production process, marketing strategy, and risk mitigation. Use this format to present a strong case to your bank manager.
Any individual engaged in the traditional craft of mehendi application or cone making is eligible. The applicant must be an Indian citizen, at least 18 years old, and not a defaulter to any financial institution. No prior GST registration is required for loans up to ₹2 lakh. For a project cost of ₹5 lakh, the applicant must provide Aadhaar, PAN, and a simple business plan. The scheme covers 18 traditional trades; mehendi falls under 'Beauty & Wellness' or 'Other Traditional Crafts' as per local DIC classification. The loan is collateral-free under CGTMSE, and the interest subvention is 5% per annum, reducing the effective rate to around 4-6% for women entrepreneurs.
For a Mehendi Cone Unit in Jaipur, the total project cost of ₹5 lakh is broken down as: Machinery & Equipment (cone filling machine, mixer, sealing machine, storage) – ₹2.5 lakh; Raw Material (henna powder, eucalyptus oil, packaging) – ₹1.5 lakh; Working Capital (rent, electricity, labor for 3 months) – ₹1 lakh. Under PM Vishwakarma, the first tranche loan is up to ₹1 lakh (subsidy 5% interest subvention), and the second tranche up to ₹2 lakh. For ₹5 lakh, the entrepreneur can combine PM Vishwakarma (₹2 lakh) with a MUDRA loan (₹3 lakh) or a bank loan under CGTMSE. The subsidy is not a direct cash grant but an interest subvention credited quarterly. The entrepreneur must contribute 5% margin money (₹25,000) for loans above ₹2 lakh.
Essential documents: 1) Aadhaar card, PAN card, and voter ID or driving license. 2) Address proof (utility bill, rent agreement). 3) 2 passport-size photographs. 4) Detailed project report (this format). 5) Quotation for machinery from local suppliers (e.g., in Jaipur's Bais Godam area). 6) Proof of business experience (if any) or training certificate. 7) Bank statement of last 6 months (savings or current account). 8) Caste certificate (if applying under SC/ST/OBC category for additional subsidy). 9) GST registration (if turnover exceeds ₹40 lakh, but not required initially). For PM Vishwakarma, the application is online via the PM Vishwakarma portal, and the bank verifies documents before sanction.
Every report is formatted to the exact standards required by Indian banks and government departments.
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PM Vishwakarma format + mehendi cone unit economics combined correctly.
Subsidy/margin money for PM Vishwakarma auto-computed.
Project cost ₹1–10 Lakh, NIC 20236.
CMA, DSCR ≥ 1.50, 5-year projections.
Editable; Word + Excel exports; first report free.
Yes — PM Vishwakarma (artisan loan + toolkit) is commonly used for mehendi cone 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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PM Vishwakarma does not provide a direct capital subsidy; instead, it offers a 5% interest subvention on the loan amount. For the first tranche (up to ₹1 lakh), the subvention is 5% per annum for 5 years. Additionally, a toolkit incentive of up to ₹15,000 is provided after successful completion of the basic training. So, the total benefit is approximately ₹25,000-₹30,000 over the loan tenure, depending on the loan amount and repayment schedule.
Yes, loans under PM Vishwakarma are collateral-free as they are covered under the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE). For loans up to ₹2 lakh (second tranche), no collateral or third-party guarantee is required. For amounts above ₹2 lakh (combined with MUDRA), the bank may ask for collateral for the excess amount, but CGTMSE covers up to ₹5 lakh for micro enterprises.
The entire process from application to disbursement typically takes 15-30 days. After online application on the PM Vishwakarma portal, the local Common Service Centre (CSC) verifies documents. The bank then conducts a credit assessment and site visit. For a Mehendi Cone Unit in Jaipur, if all documents are in order, the loan can be disbursed within 3 weeks. Delays may occur if the project report is incomplete or if there are discrepancies in quotations.
The loan repayment tenure is up to 5 years, with a moratorium period of 2-3 months (optional). For a ₹2 lakh loan at an effective interest rate of 4-6% (after subvention), the monthly EMI would be approximately ₹3,700-₹4,000 for 5 years. The bank may allow prepayment without penalty. The repayment schedule is flexible, with monthly or quarterly installments as per the bank's policy.