Bank-ready mobile repair shop 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 comprehensive project report for a Mobile Repair Shop under the PM Vishwakarma scheme, tailored for entrepreneurs in India seeking financial assistance for NIC 95120 (repair of mobile phones). The scheme offers a subsidy of up to ₹1 lakh (30% of project cost, capped at ₹1 lakh) and a collateral-free loan of up to ₹1 lakh at 5% interest. A bank-ready project report is crucial for loan approval—it must include CMA (Credit Monitoring Arrangement) data, Debt Service Coverage Ratio (DSCR) calculations, and 5-year financial projections covering profit & loss, balance sheet, and cash flow. This report format is designed for a project cost between ₹1–10 lakh, with the subsidy component clearly outlined. Whether you are applying in a metro city like Delhi or a tier-2 town, this template ensures compliance with PM Vishwakarma guidelines and helps you present a viable business case to banks.
To avail benefits under PM Vishwakarma for a mobile repair shop, the applicant must be an Indian citizen aged 18 years or above. The business must be in the repair and maintenance of mobile phones (NIC 95120). The applicant should not have availed any other similar credit-linked subsidy scheme (e.g., PMEGP, MUDRA). Family income should not exceed ₹1.5 lakh per annum per member (excluding the applicant). The applicant must have a valid Aadhaar and a bank account. For the subsidy, the project cost must be between ₹1 lakh and ₹10 lakh. The scheme provides a 30% subsidy on project cost (up to ₹1 lakh) and a loan of up to ₹1 lakh at 5% interest, repayable in 60 monthly installments. No collateral or guarantee is required.
For a mobile repair shop under PM Vishwakarma, the total project cost can range from ₹1 lakh to ₹10 lakh. A typical cost breakup includes: Equipment & tools (soldering stations, multimeters, phone opening kits, screen replacement tools, etc.) – ₹50,000 to ₹1.5 lakh; Furniture & fixtures (workbench, chairs, display shelves) – ₹20,000 to ₹50,000; Initial inventory of spare parts (screens, batteries, charging ports, connectors) – ₹30,000 to ₹2 lakh; Working capital (for 3 months) – ₹20,000 to ₹1 lakh; Rent deposit (if rented premises) – ₹10,000 to ₹50,000; Miscellaneous (signage, licensing, electricity deposit) – ₹10,000 to ₹30,000. The financing structure: Beneficiary contribution – 10% of project cost (e.g., ₹10,000 for a ₹1 lakh project); Bank loan – 60% (e.g., ₹60,000); Subsidy from government – 30% (e.g., ₹30,000, capped at ₹1 lakh). The loan is repayable over 5 years at 5% interest per annum.
To apply for a PM Vishwakarma loan for a mobile repair shop, the following documents are needed: 1) Aadhaar card (applicant and family members). 2) PAN card. 3) Proof of residence (voter ID, driving license, or utility bill). 4) Bank account statement (last 6 months). 5) Income certificate (family income below ₹1.5 lakh per annum per member). 6) Project report (as per bank format, including CMA data and 5-year projections). 7) Quotations for equipment and tools (at least 2 quotes). 8) Affidavit stating not availed other subsidy schemes. 9) Caste certificate (if applicable). 10) Photographs (passport size). 11) Business address proof (rent agreement or ownership document). 12) GST registration (recommended for turnover above ₹20 lakh). Ensure all documents are self-attested and in order before submission.
Every report is formatted to the exact standards required by Indian banks and government departments.
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PM Vishwakarma format + mobile repair shop economics combined correctly.
Subsidy/margin money for PM Vishwakarma auto-computed.
Project cost ₹1–10 Lakh, NIC 95120.
CMA, DSCR ≥ 1.50, 5-year projections.
Editable; Word + Excel exports; first report free.
Yes — PM Vishwakarma (artisan loan + toolkit) is commonly used for mobile repair shop. 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 subsidy is 30% of the project cost, subject to a maximum of ₹1 lakh. For example, if your project cost is ₹3 lakh, you get ₹90,000 subsidy. If the project cost is ₹5 lakh, you get ₹1 lakh (capped). The subsidy is released after the loan is disbursed and the business is operational.
No, you cannot avail PM Vishwakarma if you have already availed a similar credit-linked subsidy scheme like PMEGP, MUDRA (under Shishu, Kishor, or Tarun), or Stand-Up India. However, if you have a regular business loan (not subsidized), you may still be eligible, but it's best to check with the bank.
The interest rate is fixed at 5% per annum for the entire loan tenure. The loan is repayable in 60 monthly installments (5 years). There is no prepayment penalty. The loan amount is up to ₹1 lakh (for the first tranche) and can be enhanced later based on performance.
GST registration is not mandatory for a mobile repair shop if your annual turnover is below ₹20 lakh (₹10 lakh in special category states). However, if you plan to sell spare parts or accessories, it is advisable to register voluntarily to claim input tax credit on purchases. For loan purposes, GST registration is not required, but it adds credibility.