Project Report For Mudra Loan
Micro Units Development and Refinance Agency is an initiative by the Indian government to offer fund to the people who are planning to start a new business or enlarge an existing business. Project Report for Mudra Loan gives finance to lenders that lend money to the borrower of rural and urban in India.
The maximum loan amount provided by the banks to the borrowers is up to Rs. 10 lakhs at an attractive rate of interest @7.30% onwards.
To get a Mudra loan, the borrower is required to submit a project report to the bank along with all the necessary documents.
Components of Project Report For Mudra Loan
The project reports contain all the business-related information. It should cover both financial aspects and technical aspects of a specific business. The components of the project report shoes to banks by Mudra loan applicants are stated below: -
- Introduction
- Aim and Vision
- Objective
- Area of Expertise
- Information about promoters and executives
- Source of funds
- Financial budget
- Financial statement
- Estimation
- Business equipment budget
- Commercial aspects
- Commercial profile
- Export orders
- Information about employees
- Information about products & services
- Logistics details
- Manufacturing process
- Market potential
- Advertising strategies
- Ratio analysis
- Land or space requirement
- Third party details
- Break even analysis
- Conclusion