Indicative ₹15 Lakh financing for a beauty parlour + a full bank-ready report with CMA data, DSCR ≥ 1.50 and 5-year projections.
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For a ₹15 Lakh beauty parlour project, a bank-ready project report is your gateway to securing a term loan under schemes like MUDRA Shishu (up to ₹50,000), MUDRA Kishor (₹50,001–₹5 Lakh), or Stand-Up India (for SC/ST/women entrepreneurs). This report includes detailed CMA (Credit Monitoring Arrangement) data, DSCR (Debt Service Coverage Ratio) of at least 1.25, and 5-year financial projections covering revenue, expenses, and cash flow. With a promoter margin of ₹1.5 Lakh (10%), the term loan of ₹13.5 Lakh at 11% interest over 7 years results in an EMI of approximately ₹23,115 per month. The report also incorporates subsidy eligibility under PMEGP (up to 35% of project cost for general category) or PMFME (for food businesses, but not applicable here). It demonstrates viability through realistic assumptions like average client billing of ₹500–₹800 per service, 60% occupancy, and operating margins of 25–30%. Without this report, banks may reject your loan application; with it, you can confidently approach SBI, Bank of Baroda, or regional rural banks for funding under NIC code 96021.
To qualify for a ₹15 Lakh beauty parlour loan, you must be an Indian citizen aged 18–60, with a viable business plan and at least 10% promoter contribution (₹1.5 Lakh). For MUDRA loans, the borrower should not have defaulted on any previous loan. Under Stand-Up India, at least one borrower must be SC/ST or woman. No collateral is required for MUDRA loans up to ₹10 Lakh; for ₹13.5 Lakh, CGTMSE coverage (75% guarantee) applies if collateral is not provided. PMEGP offers subsidy of 15–35% (max ₹10 Lakh) for manufacturing units, but beauty parlours are service units, so subsidy is lower (15% for general, 25% for special categories). The project report must clearly state the scheme chosen and how the business meets its objectives—e.g., MUDRA for job creation, Stand-Up India for women empowerment.
Total project cost: ₹15 Lakh. Breakup: Furniture & fixtures (₹3 Lakh), salon equipment like hair dryers, styling chairs, facial machines (₹5 Lakh), interior design & partitions (₹3 Lakh), computer & POS system (₹1 Lakh), working capital for 3 months (₹2 Lakh), and preliminary expenses like registration & training (₹1 Lakh). Promoter margin: ₹1.5 Lakh (10%). Term loan: ₹13.5 Lakh at 11% p.a. for 7 years. EMI: ₹23,115 per month. DSCR should be above 1.25, calculated as (Net Profit + Depreciation + Interest) / (Principal + Interest). For a beauty parlour, assume monthly revenue of ₹1.2 Lakh (20 clients/day at ₹600 average billing), expenses ₹80,000 (rent ₹20,000, salary ₹30,000, products ₹15,000, utilities ₹5,000, other ₹10,000), net profit ₹40,000. After interest & depreciation, DSCR ≈ 1.5, which is bankable.
For a ₹15 Lakh beauty parlour loan, submit: 1) KYC (Aadhaar, PAN, Voter ID), 2) Business proof (GST registration or shop license), 3) Project report with CMA data & 5-year projections, 4) Bank statements for 6 months (personal & business), 5) Quotations for equipment & furniture, 6) Rent agreement or property papers, 7) Caste certificate (if applying under Stand-Up India), 8) MUDRA loan application form. Process: Step 1: Prepare project report with a CA. Step 2: Visit nearest bank branch (SBI, Canara, PNB) or apply online via MUDRA portal. Step 3: Bank verifies documents & conducts field visit. Step 4: Loan sanctioned in 15–30 days. Step 5: Disbursement after margin money deposit. For CGTMSE, no collateral needed; bank charges 0.5–1% guarantee fee. For PMEGP, apply through KVIC online portal with project report & get subsidy approval before loan disbursal.
Every report is formatted to the exact standards required by Indian banks and government departments.
A complete 14-section project report — the same document your bank officer will read. Every table below is real: the repayment schedule, the DSCR, the CMA workings, the balance sheet. Generate yours free, then pay ₹499 for the clean copy.
Project Report
Consumer electronics repair, servicing & spare-parts retail
Vaishali Nagar, Jaipur, Rajasthan
Submitted to the Branch Manager · Punjab National Bank, Vaishali Nagar, Jaipur
The unit has been in operation since 2019 and currently services 20–25 jobs a day from a 350 sq.ft. ground-floor shop, with a recorded customer base of 600+ households in the Vaishali Nagar catchment. The promoter proposes to expand the workbench capacity, add board-level diagnostic equipment and carry a spare-parts inventory so that 70% of repairs can be completed same-day instead of the present 3-day turnaround.
The project is assessed at a cost of ₹10.00 lakh, financed by a ₹8.00 lakh MUDRA Tarun term loan and ₹2.00 lakh of promoter's own contribution (20%). At the projected turnover the unit services its debt 5.87 times over on average, against the 1.25 minimum, and breaks even at 62% of Year-1 sales — leaving substantial cushion against a demand shortfall.
Recommendation: the proposal is technically feasible, commercially viable and financially sound. It is recommended for sanction of a term loan of ₹8.00 lakh repayable in 60 monthly instalments.
| Particulars | Basis | Amount (₹) |
|---|---|---|
| Renovation & civil work | 200 sq.ft. additional area, electrical, ESD flooring | 1,20,000 |
| Diagnostic & repair equipment | As per quotations — Annexure IX | 2,40,000 |
| Computers, software & service tools | 2 systems, billing software, tool kits | 80,000 |
| Furniture, air-conditioning & display fixtures | Counter, racks, 1.5 T AC | 60,000 |
| Margin money for working capital | Stock, receivables & operating cash | 5,00,000 |
| Total project cost | 10,00,000 |
A 5% contingency is built into the civil and equipment estimates. All capital items are supported by three quotations each.
| Source | Amount (₹) | % of project cost |
|---|---|---|
| Promoter's own contribution | 2,00,000 | 20.00% |
| Term loan under MUDRA Tarun | 8,00,000 | 80.00% |
| Subsidy / margin money grant | Nil | — |
| Total | 10,00,000 | 100.00% |
Promoter's contribution is held in Savings A/c No. XXXXXX4417 with Punjab National Bank, Vaishali Nagar (statement enclosed). Debt–equity at inception is 4.00 : 1, improving to 1.65 : 1 by the end of Year 1.
For PMEGP, PMFME, NABARD and state-subsidy proposals this section additionally carries the margin-money subsidy workings, the subsidy-adjusted repayment and a second DSCR computed net of subsidy.
| Equipment | Qty | Rate (₹) | Amount (₹) |
|---|---|---|---|
| BGA rework station with preheater | 1 | 95,000 | 95,000 |
| Digital storage oscilloscope with probes | 1 | 45,000 | 45,000 |
| Universal IC programmer | 1 | 35,000 | 35,000 |
| Ultrasonic PCB cleaning unit | 1 | 22,000 | 22,000 |
| Soldering / desoldering stations | 3 | 8,000 | 24,000 |
| Precision tool kits & ESD workbench | 2 | 9,500 | 19,000 |
| Total | 2,40,000 |
Suppliers: Fine Tools India (Jaipur), Sagar Electronics (Delhi), Techno Instruments (Jaipur). Quotations enclosed at Annexure IX. Delivery within 30 days of sanction; installation by the supplier at no extra cost.
| Particulars | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
|---|---|---|---|---|---|
| Service & repair income | 24.00 | 28.32 | 32.57 | 36.80 | 41.22 |
| Sale of spares & accessories | 9.60 | 11.33 | 13.03 | 14.73 | 16.49 |
| Total revenue | 33.60 | 39.65 | 45.60 | 51.53 | 57.71 |
| Cost of spares & materials (45%) | 15.12 | 17.84 | 20.52 | 23.19 | 25.97 |
| Gross profit | 18.48 | 21.81 | 25.08 | 28.34 | 31.74 |
| Salaries & wages | 6.72 | 7.26 | 7.84 | 8.47 | 9.14 |
| Rent | 1.44 | 1.51 | 1.59 | 1.67 | 1.75 |
| Power & fuel | 0.72 | 0.78 | 0.83 | 0.89 | 0.95 |
| Repairs & maintenance | 0.30 | 0.33 | 0.36 | 0.39 | 0.42 |
| Marketing & business promotion | 0.36 | 0.40 | 0.44 | 0.48 | 0.52 |
| Administrative & miscellaneous | 0.60 | 0.66 | 0.72 | 0.78 | 0.84 |
| Insurance | 0.12 | 0.13 | 0.14 | 0.15 | 0.16 |
| Total operating expenses | 10.26 | 11.07 | 11.92 | 12.83 | 13.78 |
| EBITDA | 8.22 | 10.74 | 13.16 | 15.51 | 17.96 |
| Depreciation (WDV, as per IT Act) | 0.86 | 0.66 | 0.52 | 0.42 | 0.35 |
| EBIT | 7.36 | 10.08 | 12.64 | 15.09 | 17.61 |
| Interest on term loan | 0.78 | 0.64 | 0.48 | 0.31 | 0.11 |
| Profit before tax | 6.58 | 9.44 | 12.16 | 14.78 | 17.50 |
| Income tax (as applicable) | 0.30 | 0.62 | 0.95 | 1.35 | 1.80 |
| Profit after tax | 6.28 | 8.82 | 11.21 | 13.43 | 15.70 |
Revenue grows 18%, 15%, 13% and 12% over the five years, against 22% achieved by the unit in the last audited year. Capacity utilisation moves from 72% to 91%; the projections do not assume any increase in service rates.
| Year | Opening balance | Principal repaid | Interest | Total outgo | Closing balance |
|---|---|---|---|---|---|
| 1 | 8,00,000 | 1,28,404 | 77,937 | 2,06,341 | 6,71,596 |
| 2 | 6,71,596 | 1,42,555 | 63,787 | 2,06,341 | 5,29,041 |
| 3 | 5,29,041 | 1,58,265 | 48,077 | 2,06,341 | 3,70,776 |
| 4 | 3,70,776 | 1,75,706 | 30,635 | 2,06,341 | 1,95,070 |
| 5 | 1,95,070 | 1,95,070 | 11,272 | 2,06,341 | Nil |
| Total | 8,00,000 | 2,31,707 | 10,31,705 |
| Particulars | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
|---|---|---|---|---|---|
| Profit after tax | 6.28 | 8.82 | 11.21 | 13.43 | 15.70 |
| Add: depreciation | 0.86 | 0.66 | 0.52 | 0.42 | 0.35 |
| Add: interest on term loan | 0.78 | 0.64 | 0.48 | 0.31 | 0.11 |
| Cash available for debt service (A) | 7.92 | 10.12 | 12.21 | 14.16 | 16.16 |
| Principal repayment | 1.28 | 1.43 | 1.58 | 1.76 | 1.95 |
| Interest | 0.78 | 0.64 | 0.48 | 0.31 | 0.11 |
| Total debt service (B) | 2.06 | 2.07 | 2.06 | 2.07 | 2.06 |
| DSCR (A ÷ B) | 3.84 | 4.89 | 5.93 | 6.84 | 7.84 |
Average DSCR over the tenure: 5.87. The minimum acceptable to banks is 1.25; the unit crosses that threshold even if Year-1 revenue falls 60% short of projection.
| Particulars | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
|---|---|---|---|---|---|
| LIABILITIES | |||||
| Capital account (net of drawings) | 4.08 | 7.50 | 12.11 | 17.74 | 24.44 |
| Term loan — long-term portion | 5.29 | 3.71 | 1.95 | — | — |
| Term loan — current maturity | 1.43 | 1.58 | 1.76 | 1.95 | — |
| Sundry creditors (30 days) | 1.26 | 1.49 | 1.71 | 1.93 | 2.16 |
| Other current liabilities & provisions | 0.30 | 0.35 | 0.40 | 0.45 | 0.50 |
| Total | 12.36 | 14.63 | 17.93 | 22.07 | 27.10 |
| ASSETS | |||||
| Net fixed assets | 4.14 | 3.48 | 2.96 | 2.54 | 2.19 |
| Stock of spares (45 days) | 1.86 | 2.20 | 2.53 | 2.86 | 3.20 |
| Sundry debtors (10 days) | 0.92 | 1.09 | 1.25 | 1.41 | 1.58 |
| Cash & bank balance | 5.44 | 7.86 | 11.19 | 15.26 | 20.13 |
| Total | 12.36 | 14.63 | 17.93 | 22.07 | 27.10 |
| Sources | Amount | Applications | Amount |
|---|---|---|---|
| Profit after tax | 6.28 | Capital expenditure | 5.00 |
| Depreciation | 0.86 | Increase in stock | 1.86 |
| Increase in creditors & provisions | 1.56 | Increase in debtors | 0.92 |
| Term loan drawn | 8.00 | Repayment of term loan | 1.28 |
| Promoter's capital introduced | 2.00 | Drawings | 4.20 |
| Closing cash & bank | 5.44 | ||
| Total | 18.70 | Total | 18.70 |
Working capital is assessed under the Tandon Committee Method II, the basis used by banks for limits up to ₹5 crore. The workings below are drawn from the Year-1 projections above.
| Particulars | Amount |
|---|---|
| Stock of spares | 1.86 |
| Sundry debtors | 0.92 |
| Cash & bank balance | 5.44 |
| Total current assets (TCA) | 8.22 |
| Sundry creditors | 1.26 |
| Other current liabilities & provisions | 0.30 |
| Current maturity of term loan | 1.43 |
| Other current liabilities (OCL) | 2.99 |
| Working capital gap (TCA − OCL) | 5.23 |
| 25% of TCA — stipulated margin | 2.06 |
| Maximum permissible bank finance (Method II) | 3.18 |
No cash-credit limit is sought in this proposal; the assessment is presented because bank officers ask for it. Were the limit of ₹3.18 lakh availed, the current ratio would stand at 1.33 — above the 1.25 stipulated by IBA.
CMA statements included in the full report
| Ratio | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Bank norm |
|---|---|---|---|---|---|---|
| Current ratio | 2.75 | 3.26 | 3.87 | 4.51 | 9.36 | ≥ 1.25 |
| Debt–equity ratio | 1.65 | 0.71 | 0.31 | 0.11 | Nil | ≤ 3.00 |
| DSCR | 3.84 | 4.89 | 5.93 | 6.84 | 7.84 | ≥ 1.25 |
| Net profit margin | 18.7% | 22.2% | 24.6% | 26.1% | 27.2% | — |
| Interest coverage | 9.4 | 15.8 | 26.3 | 48.7 | 160.1 | ≥ 2.00 |
| Particulars | Amount |
|---|---|
| Fixed costs (salaries, rent, admin, depreciation, interest) | 10.88 |
| Variable costs (materials, power, maintenance) | 16.14 |
| Contribution (revenue − variable costs) | 17.46 |
| P/V ratio | 51.96% |
| Break-even sales | 20.94 |
| Break-even as % of Year-1 revenue | 62.3% |
| Cash break-even as % of Year-1 revenue | 57.4% |
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Financing structured for a ₹15 Lakh beauty parlour: margin, term loan & EMI.
Scheme-ready for MUDRA Shishu, MUDRA Kishor, Stand-Up India.
Exact means of finance, CMA, DSCR ≥ 1.50 in the generated report.
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Indicatively ≈ ₹23,115/month on the ~₹13.5 Lakh term-loan portion (at 11% over 7 years), with ~₹1.5 Lakh promoter margin. The report computes exact figures.
Banks typically expect ~10% margin — about ₹1.5 Lakh for a ₹15 Lakh project — plus any scheme subsidy.
MUDRA Shishu, MUDRA Kishor, Stand-Up India fit this range. The report is configured to your chosen scheme.
Yes, under MUDRA Kishor (up to ₹5 Lakh) no collateral is required. For loans above ₹10 Lakh (like ₹13.5 Lakh), CGTMSE provides a 75% guarantee to the bank, so collateral may be waived if you meet eligibility. However, banks may still ask for a third-party guarantee or fixed deposit. Stand-Up India loans up to ₹1 Crore also do not require collateral if CGTMSE is applied.
PMEGP provides subsidy for service units (like beauty parlours) at 15% of the project cost for general category (max ₹7,500) and 25% for SC/ST/OBC/women/PH (max ₹12,500). However, the maximum subsidy cap is ₹10 Lakh for manufacturing, but for services it is lower. For a ₹15 Lakh project, general category gets ₹22,500 (15% of 1.5 Lakh? Actually 15% of ₹15 Lakh = ₹2.25 Lakh, but capped at ₹7,500 for services? Please check: PMEGP service sector subsidy is 15% of project cost, subject to max ₹7,500 for general. So you get only ₹7,500. Better to rely on MUDRA without subsidy.
EMI = ₹23,115 per month. Calculation: P=13,50,000, R=11%/12=0.9167% monthly, N=84 months. EMI = P * R * (1+R)^N / ((1+R)^N-1) = 13,50,000 * 0.009167 * (1.009167)^84 / ((1.009167)^84-1) ≈ ₹23,115. Total interest payable over 7 years is about ₹5,91,660, so total repayment is ₹19,41,660.
Banks require a minimum DSCR of 1.25 for term loans. DSCR = (Net Profit + Depreciation + Interest) / (Principal Repayment + Interest). For a beauty parlour with net profit ₹40,000/month, depreciation ₹5,000, interest ₹12,375 (first month), principal ₹10,740 (first month), DSCR = (40,000+5,000+12,375)/(10,740+12,375) = 57,375/23,115 = 2.48, which is well above 1.25. Ensure your project report shows DSCR ≥ 1.25 each year.