| 2 minutes read

2 minutes read

With Just ₹1 Lakh Investment You Can Earn ₹14-15k Every Month In This Business

| Published on October 23, 2019

How amazing it would be to earn ₹14 to 15 thousand every month with an investment of only 1 lakh rupees. It turns out that you can.

A manufacturing unit of metal products is the business that will give you handsome returns with just Rs. 1 Lakh.

In this, hand tools, cutlery tools, and tools that are used in farming can be made. Cutlery is used in every household. If you are able to promote your product with better marketing techniques then the business can be increased further.

Image result for pradhan mantri mudra yojana

Cost of Setting Up

The cost of setting up a manufacturing unit of a metal product can come to around Rs 1.80 lakh. It will include machinery such as welding sets, buffing motors, drilling machines, bench grinders, hand drilling, hand grinders, benches, panel boards, and other tools. Every month, 1.20 lakh rupees will have to be spent on raw materials to make 40 thousand cutlery, 20 thousand hand tools, and 20 thousand agricultural implementations.

30 thousand rupees will be spent every month for salary and other minor expenses.

In this project, the cost of a total of 3.30 lakh rupees, you will have to invest only 1.14 lakh rupees from your own pocket. About 1.26 lakh rupees term loan and working capital of 90 thousand rupees can be availed from the government.

Estimated Profit

As per the profit estimate that is given in the project report, sales of 1.10 lakh rupees can be generated considering the production to be around 91 thousand rupees. This means that the monthly gross profit will be around 18 thousand rupees.

As per the loan’s 13 percent interest rate, you will have to deposit Rs 2,340 every month. While the incentive cost will be Rs 1,100 per 1 percent. This brings the net profit to around Rs 14,560 every month.

Apply under the Mudra Scheme

Under the Prime Minister’s Mudra Scheme, you can apply for the loan at any bank. For this, you have to fill a form in with details like name, address, business address, education, current income and how much loan is required. There is also no need to pay any processing fees or guarantee fees. The loan amount can be returned in easy installments.


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