Indicative ₹2 Lakh financing for a garment manufacturing + a full bank-ready report with CMA data, DSCR ≥ 1.50 and 5-year projections.
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For a garment manufacturing unit requiring a ₹2 lakh loan under NIC 14102, a bank-ready project report is critical for approval under schemes like PMEGP, MUDRA Tarun, or CGTMSE. This report details project cost (₹2 lakh), promoter margin (₹20,000), term loan (₹1.8 lakh), and estimated EMI of ₹3,082/month at 11% over 7 years. It includes CMA data, DSCR (>1.5), and 5-year financial projections—key for banks to assess viability. Whether you're in Delhi, Bengaluru, or a Tier-2 city, a professional report ensures faster sanction and subsidy eligibility.
Total project cost: ₹2 lakh. Promoter contribution: 10% (₹20,000). Term loan: ₹1.8 lakh. Interest rate: ~11% p.a. (varies by bank). Repayment: 7 years (84 months). EMI: ~₹3,082/month. Subsidy: Under PMEGP, margin money subsidy of 15-25% (max ₹35,000 for general category) is available. For MUDRA Tarun, no subsidy but lower interest rates. CGTMSE collateral-free coverage up to ₹2 crore applies. Ensure your project report shows DSCR >1.5 and debt-equity ratio <3:1.
Eligible: Individual, partnership, LLP, or private limited company. Age 18+. No default history. Documents: Aadhaar, PAN, GST registration (if turnover >₹40 lakh), business address proof, rent agreement (if leased), machinery quotations (2-3 quotes), and 3-year projected financials. For PMEGP, also need project report, caste certificate (if applicable), and educational qualification proof. Banks may ask for collateral for loans above ₹10 lakh; CGTMSE covers up to ₹2 crore without collateral.
1. Prepare project report (CMA, DSCR, 5-year projections). 2. Choose scheme: PMEGP (apply through KVIC/KVIB/DIC), MUDRA (direct bank), or Stand-Up India (SC/ST/women). 3. Submit application with documents to your bank (PSU preferred). 4. Bank appraisal (2-4 weeks): checks credit score, project viability, and subsidy eligibility. 5. Sanction letter issued; sign loan agreement. 6. Disbursement: directly to supplier or your account. 7. Claim PMEGP subsidy post-plant installation. Tip: Use a CA or consultant to ensure CMA accuracy.
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Financing structured for a ₹2 Lakh garment manufacturing: margin, term loan & EMI.
Scheme-ready for PMEGP, CGTMSE, MUDRA Tarun.
Exact means of finance, CMA, DSCR ≥ 1.50 in the generated report.
Change the amount or city anytime and re-download.
Word + Excel exports; first report free, clean export ₹499.
Indicatively ≈ ₹3,082/month on the ~₹1.8 Lakh term-loan portion (at 11% over 7 years), with ~₹20,000 promoter margin. The report computes exact figures.
Banks typically expect ~10% margin — about ₹20,000 for a ₹2 Lakh project — plus any scheme subsidy.
PMEGP, CGTMSE, MUDRA Tarun fit this range. The report is configured to your chosen scheme.
Yes, under CGTMSE, loans up to ₹2 crore are collateral-free. MUDRA Tarun (₹50,000-₹10 lakh) also doesn't require collateral. However, banks may ask for a personal guarantee. Your project report must show strong DSCR (>1.5) to compensate for lack of collateral.
The EMI is approximately ₹3,082 per month. Total interest over 7 years: ~₹78,900. Total repayment: ~₹2,58,900. Use an EMI calculator to confirm. Some banks offer floating rates, so EMI may vary. Prepayment charges may apply; check with your lender.
Under PMEGP, margin money subsidy is 15% (general category) or 25% (SC/ST/OBC/women/NE region) of project cost, capped at ₹35,000 (general) or ₹50,000 (special categories). For a ₹2 lakh project, general category gets ₹30,000 (15% of ₹2 lakh). Subsidy is released after unit installation and bank verification.
Basic KYC: Aadhaar, PAN, address proof. Business proof: GST registration (if applicable), shop & establishment license, machinery quotations, and a simple project report (1-2 pages). Banks may also ask for bank statements (6 months) and income tax returns (if any). No collateral needed.