Bank-ready mobile repair shop report under MUDRA Kishor — project cost ₹1–10 Lakh, subsidy, CMA data, DSCR ≥ 1.50 and 5-year projections.
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This page provides a comprehensive MUDRA Kishor project report for a mobile repair shop in India, under NIC code 95120. The MUDRA Kishor loan covers project costs between ₹1 lakh and ₹10 lakh, making it ideal for small-scale repair businesses. A bank-ready project report is crucial for approval: it includes CMA data (current, fixed, and working capital assessment), DSCR (debt service coverage ratio), and 5-year financial projections (profit & loss, balance sheet, cash flow). This report helps you present a viable business plan to banks, ensuring faster processing under the Pradhan Mantri MUDRA Yojana (PMMY). It also details subsidy eligibility under schemes like PMEGP or state-specific incentives. Use this as a template, customizing for your location and exact cost.
To qualify for a MUDRA Kishor loan for a mobile repair shop, you must be an Indian citizen, above 18 years of age, with a viable business plan. There is no minimum educational qualification, but basic technical knowledge in mobile repair is preferred. The loan is available for new or existing businesses. Under MUDRA Kishor, the loan amount ranges from ₹50,001 to ₹5 lakh (for Kishor category; note: Kishor is ₹50k-5 lakh, but the page mentions ₹1-10 lakh – please clarify: MUDRA Kishor is actually up to ₹5 lakh, while Tarun is ₹5-10 lakh. For accuracy, we assume the project cost is up to ₹5 lakh for Kishor. If you need ₹1-10 lakh, choose Tarun. We'll proceed with Kishor for this content.) The business must be non-farm and non-corporate. Additionally, the applicant should not have defaulted on any previous loan. Banks may require a credit score above 650. For PMEGP subsidy, the applicant must be at least 18 years old and have passed 8th standard (for projects above ₹10 lakh, but for mobile repair, 8th pass is sufficient).
For a mobile repair shop under MUDRA Kishor, the typical project cost is ₹1-5 lakh. Breakup: Equipment and tools (soldering station, multimeter, screen replacement tools, battery tester, microscope) – ₹50,000-1.5 lakh; Furniture and fixtures (workbench, chair, display racks) – ₹20,000-50,000; Initial stock of spare parts (screens, batteries, charging ports, connectors) – ₹30,000-1 lakh; Working capital (rent, electricity, marketing for 3 months) – ₹50,000-1.5 lakh. The loan covers up to 100% of the project cost, but banks may ask for 10-20% margin money. Interest rates range from 9% to 14% per annum, depending on the bank and your credit profile. Repayment tenure is 3-5 years. Under PMEGP, you can get a subsidy of 15-35% of the project cost (max ₹15 lakh for general category, but for mobile repair, typically 25% for general, 35% for SC/ST/OBC/women). The subsidy is released after the loan is disbursed and the unit is set up.
For a mobile repair shop MUDRA Kishor loan, you need: 1) Identity proof (Aadhaar, Voter ID, PAN card). 2) Address proof (Aadhaar, utility bill, rent agreement). 3) Age proof (birth certificate or any government ID). 4) Business plan/project report (use this page's format). 5) Quotations for equipment and furniture (at least 2-3 quotes). 6) Bank statement of last 6 months (personal and business if existing). 7) IT returns of last 2 years (if applicable). 8) Caste certificate (if applying for subsidy under PMEGP). 9) Educational qualification certificate (minimum 8th pass for PMEGP). 10) Two passport-size photographs. For existing businesses, add GST registration (if turnover > ₹40 lakh), shop and establishment license, and previous loan repayment history. Ensure all documents are self-attested. Banks may also ask for a project report in their specific format; this page provides a ready template.
Every report is formatted to the exact standards required by Indian banks and government departments.
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MUDRA Kishor format + mobile repair shop economics combined correctly.
Subsidy/margin money for MUDRA Kishor auto-computed.
Project cost ₹1–10 Lakh, NIC 95120.
CMA, DSCR ≥ 1.50, 5-year projections.
Editable; Word + Excel exports; first report free.
Yes — MUDRA Kishor (₹50K–₹5L) is commonly used for mobile repair shop. The report is formatted to MUDRA Kishor requirements with subsidy/margin money shown.
₹50K–₹5L — computed automatically in the means-of-finance and subsidy sections.
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Yes, you can apply without prior experience, but you must undergo basic training in mobile repair. Many banks and government schemes (like PMKVY) offer free training. Including a training certificate in your application improves your chances. The project report should show that you have acquired the necessary skills.
Under PMEGP, the subsidy is 15% of the project cost for general category, 25% for SC/ST/OBC/women/minorities, and 35% for those in hilly and border areas. For a mobile repair shop with project cost up to ₹5 lakh, the maximum subsidy is ₹1.75 lakh (35% of 5 lakh). The subsidy is released after the unit is commissioned.
Typically, MUDRA loans are processed within 15-30 days from the date of application, provided all documents are complete. Banks may take longer if additional verification is needed. Using a detailed project report like this one can speed up the process. Online applications via the MUDRA portal or bank website are faster.
No, MUDRA Kishor loans are collateral-free. However, the loan is covered under CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) up to ₹5 lakh. This means the bank does not require any third-party guarantee or tangible collateral. But you must provide personal guarantee and a lien on the assets purchased with the loan.