Bank-ready welding workshop report under PM Vishwakarma — project cost ₹3–25 Lakh, subsidy, CMA data, DSCR ≥ 1.50 and 5-year projections.
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This page provides a bank-ready project report for a Welding Workshop (Engineering) under the PM Vishwakarma scheme, NIC code 25112, with a project cost between ₹3 lakh and ₹25 lakh. Designed for Indian entrepreneurs and CAs, the report includes CMA data, DSCR calculations, and 5-year financial projections tailored to a welding business. PM Vishwakarma offers a 5% interest subvention on loans up to ₹2 lakh (first tranche) and ₹5 lakh (second tranche), plus a 60% subsidy on toolkits, making it ideal for welders in states like Uttar Pradesh, Maharashtra, or Karnataka. The report covers all requirements for loan approval, including project feasibility, machinery list, raw material costs, and repayment capacity. Whether you are starting a new unit or expanding an existing one, this format ensures compliance with bank norms and scheme guidelines.
To avail PM Vishwakarma benefits for a welding workshop, the applicant must be an individual artisan or craftsman engaged in welding work, aged 18 and above, with no prior loan under PM Vishwakarma. The scheme covers both new and existing businesses. The applicant must provide Aadhaar, a bank account, and a self-declaration of skill. Welding workshops (NIC 25112) are eligible for toolkits and training. The project cost range of ₹3–25 lakh includes machinery like welding machines, grinders, and safety gear. The scheme targets micro-enterprises, so no GST registration is mandatory initially, but it is recommended for turnover above ₹40 lakh. Priority is given to women, SC/ST, and OBC applicants.
For a welding workshop, the project cost typically includes machinery (₹1–10 lakh), raw materials (₹0.5–5 lakh), working capital (₹1–5 lakh), and other expenses (₹0.5–5 lakh). Under PM Vishwakarma, the first tranche loan is up to ₹2 lakh at 5% interest subvention, and the second tranche up to ₹5 lakh. The subsidy on toolkit is up to 60% (max ₹15,000). For a ₹10 lakh project, the entrepreneur contributes 5% (₹50,000), bank loan covers 95% (₹9.5 lakh), with subsidy reducing the effective cost. The loan tenure is 5 years, with a moratorium of 6 months. DSCR should be above 1.25; our report ensures realistic projections based on local welding rates (₹300–600 per job).
Key documents for a PM Vishwakarma welding workshop loan include: Aadhaar card, PAN card, bank statement (last 6 months), property papers (if collateral is required), business proof (e.g., shop rent agreement or ownership), caste certificate (if applicable), and a detailed project report. The project report must include CMA data, machinery list with quotations, raw material sourcing plan, and 5-year financials (profit & loss, balance sheet, cash flow). For CGTMSE coverage, no collateral is needed for loans up to ₹10 lakh. The bank may also ask for a local municipal license or Udyam registration. Our format includes all these elements pre-filled for a welding business.
1. Visit the PM Vishwakarma portal (pmvishwakarma.gov.in) and register using Aadhaar. 2. Fill the application form, selecting 'Welding' as trade and NIC 25112. 3. Submit the project report (download our format) along with required documents. 4. The application is verified by the local industry department. 5. Once approved, the bank (PSU or private) processes the loan. 6. After loan disbursal, the toolkit subsidy is provided as reimbursement. 7. Training (5-7 days) is mandatory; the scheme covers a stipend of ₹500 per day. 8. For second tranche, show progress and repayment of first loan. Our report includes a checklist to avoid rejections.
Every report is formatted to the exact standards required by Indian banks and government departments.
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PM Vishwakarma format + welding workshop economics combined correctly.
Subsidy/margin money for PM Vishwakarma auto-computed.
Project cost ₹3–25 Lakh, NIC 25112.
CMA, DSCR ≥ 1.50, 5-year projections.
Editable; Word + Excel exports; first report free.
Yes — PM Vishwakarma (artisan loan + toolkit) is commonly used for welding workshop. 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.
Register free, pick the scheme & loan amount, and the AI drafts the full bank-ready report (CMA data, DSCR, 5-year projections) in under 60 seconds. First report free; clean exports ₹499.
The maximum loan amount is ₹5 lakh (second tranche) with a 5% interest subvention. The first tranche is up to ₹2 lakh. The project cost can be up to ₹25 lakh, but the loan under PM Vishwakarma is limited to ₹5 lakh. Additional funds can be sourced from other schemes or bank loans without subsidy.
Yes, a detailed project report is mandatory for loans above ₹2 lakh. It helps the bank assess viability, repayment capacity, and compliance. Our report includes CMA, DSCR, and 5-year projections, making it easier to get approval.
Yes, loans up to ₹10 lakh are covered under CGTMSE, so no collateral is required. For loans above ₹10 lakh, collateral may be needed. PM Vishwakarma loans are typically within the CGTMSE limit.
The subsidy is 60% of the toolkit cost, up to a maximum of ₹15,000. The toolkit includes welding machines, safety gear, and basic tools. The subsidy is provided as reimbursement after purchase.