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New Delhi. If you want to start a low cost business idea, then we are telling you about one such business. In which investment is very less and profit is high. The special thing is that to start this business, you have to invest only 2 lakh rupees from yourself, the rest of the money will be given to you by the central government. You will easily get a loan under the Mudra Scheme of the government. Let us tell you everything about this business:

Start Tomato Sauce Business: The demand for tomato sauce or tomato ketchup is usually there all the time and in most of the homes or hotel restaurants. Nowadays, along with many big and popular brands, many types of local brands are also present in the market. If the quality of the local brand is also good then the demand increases. In such a situation, starting this business can prove to be a good idea.

Also read: Start your business for free by taking a franchise from home, earning in lakhs every month, know how?

Expense Figure Total Expenses: Rs 7.82 lakh, fixed capital Rs 2 lakh (inclusive of all machinery and equipment expenses). Working Capital: Rs 5.82 lakh (includes tomato, raw material, ingredients, workers’ salary, packing, telephone, rent, etc.).

Government will get help like this: In this, you will have to invest Rs 1.95 lakh from yourself. The term loan will be Rs 1.50 lakh. Working capital loan will be Rs 4.36 lakh. This loan will be easily done from any bank under the Mudra scheme.

How will profit: The estimated annual turnover for an investment of Rs 7.82 lakh can be Rs 28.80 lakh. Cast of Production: Rs 24.22 lakh per annum, Net profit: Rs 4.58 lakh per annum, Profit of the month: Rs 40 thousand approx.

Also read: Start your own business, the government will help the entire 10 lakhs, know how to avail benefits?

How to get loan: For a loan under the Mudra scheme, you will have to apply in a government or bank branch. If you want to start your own business, then you will have to provide many other documents including house ownership or rental documents, work related information, Aadhar, PAN number. The bank manager approves the loan after verification.

HOW TO APPLY: For this, you can apply in any bank under the Pradhan Mantri Mudra Yojana. For this, you will have to fill a form, in which these details will have to be given… name, address, business address, education, current income and how much loan is required. There is no processing fee or guarantee fee to be paid in this.

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