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Power Project

We at financeseva provide all types of project funding , our team is backend with professional expert whom assist you in getting loan from right platform.

Power Project

Solar Park and ultra-mega solar power projects are launched by the ministry of new and renewable energy. The government of India Solar power projects can be set up anywhere in the country, however the scattering of solar power projects leads to higher project cost per MW and higher transmission losses. Individual projects of smaller capacity incur significant expenses in site development, drawing separate transmission lines to nearest substation, procuring water and in creation of other necessary infrastructure.  

It also takes a long time for project developers to acquire land, get change of land use and various permissions, etc. which delays the project. To overcome these challenges, the scheme for “Development of Solar Parks and Ultra-Mega Solar Power Projects” was rolled out in December 2014 with an objective to facilitate the solar project developers to set up projects in a plug and play model. The duration period for this scheme is up to 2022-23.

Objective of the Scheme

The scheme envisages supporting the States/UTs in setting up solar parks at various locations in the country with a view to creating required infrastructure for setting up of solar power projects. The solar parks provide suitable developed land with all clearances, transmission system, water access, road connectivity, communication network, etc. The scheme facilitates and speeds up installation of grid-connected solar power projects for electricity generation on a large scale.

How to apply  

By submitting proposals to MNRE/SECI

Or, Contact Sh. Dilip Nigam, he is Advisor (NSM), in Ministry of New and Renewable Energy here we have given other relevant details. [email protected] Managing Director, Solar Energy Corporation of India (SECI), 1st Floor, D-3, A Wing, Prius Platinum Building, District Centre, Saket, New Delhi-110017, Tel: [phone], Fax: [phone], Email: [email protected]

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Generate a detailed project report for bank loan in less than 10 minutes. Risk-free software that works on automation. No hidden charges, Fast & Result oriented.

Project Report PMEGP

The full form of PMEGP is the project report prime minister employment generation program. This is a credit connected subsidy program to encourage entrepreneurship of educated and semi-educated youth initiated by the Ministry of Micro, Small and Medium Enterprises, Government of India. Khadi and Village Industries Commission (KVIC) is an organization at national level for execution of the plan. The subsidy slabs are 15%, 25% & 35% of total project cost with upper project report limit with 2500,000.  

How to apply for a loan

Every applicant must submit the application form online added with a proper project report, Once the DIC (District Industries Centers) office examines the documents, the application further sent to the PMEGP sanctioning committee for further approval. Once approved, the application is sent to the bank to grant a loan. The banks may then take appropriate decisions according to banking guidelines. The process may take up to 90 days.

Project specifications

The project report can be of minimum 20 pages and maximum 25 Pages of PMEGP project report interest rate and assure that it should contain everything as per guidelines of the bank.  

Your project report should perfectly craft to match KVIC and Banking guidelines for loans. Then you can use a single project report which will serve both purposes.

Project report should contain all the information about the project. These subsidies projects should comply with the all the financial details.

Therefore, the project report for the purpose of loan for your project. If you are seeking a loan under the subsidy of PMEGP.

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Generate a detailed project report for bank loan in less than 10 minutes. Risk-free software that works on automation. No hidden charges, Fast & Result oriented.

Project Report Bank

A project report for a bank loan is a mandatory document when applying for an SME loan. The project report for a bank is a document that explains the proposed project in detail. Make sure that the project documents contain the details of what the type of business unit would be, where to start, owner information, and proposed cost..etc.

As an entrepreneur, you might feel it difficult to create a project report with all details of finance explained perfectly. About 86% of entrepreneurs find it difficult to create a report for their firm.

Now, it's possible to write your project report in less than 10 minutes

Make the best use of online software available at (Financeseva.com) and follow the steps as mentioned in the tutorial.  

You can find it’s so easier to create by yourself. In addition, creating a how to apply project report by yourself will make you familiar with a lot of input in the area of marketing and hereby make you equipped in planning the resources in a planning the resources in better way.

Below listed are the things that need to be taken care of while writing a project report for yourself:

The perfect project report format is as follows:

Introductory Page  

Scope of the project

Details about the Promoters

Product /services  

Location details

Plant & machinery details

Raw materials (if any)

Market potential and marketing strategy  

Employee details  

Project cost

Application of fund

Means of Financing

Balance Sheet

Profit and Loss Statements

Cash Flow Statement

General Ratios

Break-Even Point Evaluations

Conclusions

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Financeseva provides the finest Project Loan services in Delhi. If you're getting started with industrial infrastructure, project, and wish funds for an equivalent.

Project Loan

The project loan is to give financial assistance to real estate developers, for all types of projects at various construction related stages to ensure timely completion of the projects loan.  

Features

Eligibility based on project cash flows & developer’s credit worthiness

Unique proposition with Term Lo an and Overdraft combination

Receivable management through RERA, escrow, and collection accounts

Caters to small, medium, and large developers for all types of projects comprising of duplexes, high rise apartments, villas, townships, affordable housing projects, commercial projects

Flexible loan repayment terms with moratorium period for principal repayment imparting deep focus on utilization of project cash flows towards completion of project

Offering of retail home loan products for end users

List of Documents

Know Your Customer (KYC) documents

Past project experience

Existing loans details and income documents

Project specific details

Project approval documents

Project legal documents

Financeseva, is well known for its services. They provide various loans in which the project loan legal documents is one of them. Financeseva is connected with the 130+ banks and provides Project Loan on interest rate at 7.75% Onwards. The loan amounts up to 85% of the project cost. They offer the best deals and much more affordable interest rates, along with Doorstep assistance.

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Generate a detailed project report for bank loan in less than 10 minutes. Risk-free software that works on automation. No hidden charges, Fast & Result oriented.

Project Report For Mudra Loan

For Mudra Loans, like any other business loan, requirement a project report for mudra loan which is to be submitted when applying for a loan in the Kishor or Tarun category. However, Shishu loans are the most easily accessible loans for small business owners, and banks are usually do not asked to show project reports.

A project report is an important document that contains information about the business. It also includes a comprehensive cost-benefit analysis of the proposed expenditure for which the business loan is being sought. In addition, it gives the project report for bank loans readers a detailed picture of the cost of the project, scope of activities proposed and existing, existing debt if any, revenue projections, and so on.

The project report should be complete and contain valid data to be readily accepted and approved for loan sanctioning under PMMY.

Introduction – brief Description of the business

Aim/Vision – the aim/objective of the enterprise should be mentioned

Area of Expertise – Key areas or skills on which employees have the expertise to work.

Details about the Promoters and Executive: Profile descriptions like education qualification, experience, etc.

Source of Funds: you can explain in detail how you will arrange your funds or plan to raise funds for the business, owned, borrowed, etc.

Financial Budget – Complete financial information on expenditure required like machinery cost, total cost, furniture cost, working capital required.

Financial Statements: It should the financial statements like profit & loss statement, cash flow statement, and balance sheet.

Estimation: Report should include projected estimation of sales, purchases, expenses, incomes, etc.

Business Equipment Details – Exhaustive list of equipment, parts, plants, and machinery to be used in the project

Commercial Aspects – Plans to be executed related to commercializing the project

Company Profile – Details on company’s background, launch, initiation, milestones, and achievements

Export Orders – Information on export orders, whether domestic or international, if any

Information about Employees – Total number of employees working on the project with their details

Information on Products and Services: Details of all the products and services to be used in the project

Logistics Details: Information on transportation cost to be incurred whether private or commercial

Manufacturing Processes: Details of types of manufacturing processes to be used in the project

Market Potential: Information about the target market, target customer, market demand of the product, etc.

Advertising Strategies: Advertising strategies to be applied or executed for the project

Ratio Analysis: Computation and analysis of different ratios and their implications.

Space or Land Requirement: Information on space or land requirements, if required

Details of the third party engaged with the project if any like raw material suppliers, traders, manufactures, etc.

Break-Even Analysis: Specify the break-even point of the project; its viability in terms of cost and profit.

Conclusion: All project reports should have a conclusion to their end

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What Is Credit Monitoring Arrangement (CMA) And How to Prepare CMA Data

What Is CMA Data?

Credit Monitoring Data is the financial report of the business that gives complete information about the leading institution about their past performance and an analysis of their future growth.  what is credit monitoring arrangement (cma) and how to prepare cma data report has been in operation since 1988 and is the key to control credit. The Reserve Bank of India has mandated all banks to prepare CMA data before lending loans to large borrowers. CMA data is required for all types of loans i.e., project loans, term loans, and for all types of finances.

If the CMA report is not properly made, then the maximum chances are that your CMA report may get rejected. Let's talk about the necessary documents required to prepare a credit monitoring arrangement report so that your bank loan can’t be rejected.

Documents To Be Present at Hand to Prepare CMA Data

- Income tax return and complete information about the owner

- financial statement of last two years audit report

- provisional financial statement of the year in which CMA data is prepared

- cost sheet of direct and indirect expanses

- comparative financial statements of 5 years

- fund flow statements

Things To Keep in Mind While Preparing CMA Data

-  restrain yourself from providing any false information

- all assumptions should be reasonable

- company must have all valid proofs of business growth

-  attach the profit and loss account and balance sheet  

-  all provisions should be made about future profit and loss

-   CMA report should be based on facts and the actual business  

By providing a CMA report your chances of getting a loan approved will increase. The bank will verify all the facts and your loan should be provided according to that only.  

If you are interested in saving your time and increasing your chances of getting a loan approved contact us. Get your CMA report by using our online service.

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Generate a detailed project report for bank loan in less than 10 minutes. Risk-free software that works on automation. No hidden charges, Fast & Result oriented.

Project Report on Bank Loans

A project report for a bank loan is a document that contains a business or project report for which finance is being sought. It is a financial data report that banks require if someone needs a project report on bank loan for business. It explains the purpose of a Bank Loan, how someone will use it, the strategies to repay it etc. It is an essential requirement in getting a bank loan since it shows all expenses and the income the company might have in the future. This is a vital document in your loan application.

How To Frame A Project Report

If you are planning to start your own business or managing your own enterprise and are in desperate need of finance to execute it. Hence for the implementation of business, it has become necessary to prepare a project report stacking important aspects of the project such as the income as well as the expenditure of your company and how to frame a project report much profit your company may gain in the future.

A perfect bank loan report contains detailed information about the technical & financial feasibility of the project. It provides brief information on the Infra, machinery, technical requirements, Infrastructure, and cost & capacity of the project. The profile, educational qualification and experience of the promoters, key personnel and executives involved are also crucial elements of the report. Details of the owned & externally sourced funds, financial statements such as balance sheet, Profit & loss of account should also be present in the report. A brief conclusion describing its strengths, weaknesses, opportunities & threat is the last but not the least element of the project report.

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Home Loan Provider in Delhi - We offers home loans at the lowest interest rates all over India. Check your eligibility and apply online.Limited time period.

Home Loan Eligibility

Every lender, be it a bank or a housing finance company, assesses borrowers' home loan eligibility before sanctioning a check home loan eligibility is mandatory that are conducted by several banks and financial institutions. . This is especially important since home loans are high-value loans. Typically, lenders provide finance ranging from 60% - 85% of property value as a housing loan amount and the loaned amount can be somewhere between several lakhs to a few crores.

Therefore, lenders need to ensure whether borrowers have repayment capability or not and that the what is home loan will be repaid on time, without any defaults or missed payments. Below are the factors that help lenders to determine whether a borrower is eligible for the home loan:

Salaried Individual Eligibility Criteria

Under the home loan eligibility criteria; Individuals in permanent service in the government or reputed companies.

Applicants must be above 21 years of age at the time of loan application and up to the age of 60 years at the time of loan maturity. Moreover, you can check the amount you need to pay as EMI with the home loan EMI calculator.

Professionals Eligibility Criteria for home loan

Professionals such as doctors, engineers, chartered accountants, architects, chartered accountants, company secretaries and management consultants are eligible for a home loan.  

Applicants above 21 years of age at the time of loan application and below 65 years or less at the time of home loan maturity meet our home loan eligibility criteria.

Self-employed individuals eligible for home loan

Any individual filing income tax returns can apply

Applicants should be above 21 years of age at the time of the commencement of the home loan and up to 65 years or less at the time of maturity of the home loan

Applicant must be above 21 years of age at the time of application and below 65 years of age at the time of maturity of the home loan.

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Generate a detailed project report for bank loan in less than 10 minutes. Risk-free software that works on automation. No hidden charges, Fast & Result oriented.

Project Report for Bank Loan

No matter whether you are looking for a new business or a project or want to expand your existing business unit, finance is the bloodline of every business. When you have a great idea but have sufficient amount to execute it, you could look for a loan form do not bank and financial institutions. While there are several requirements to get a project report for bank loan and these requirements vary from bank to bank and depend on required loan amount and type of you are looking for, a project report is also very important document that need to be prepared for the purpose of bank loan.

Get your project report for bank loan in just three easy steps

Login Dashboard: Financeseva allows you to create a project report on your own for which you are required to sign up enquiry form and register to start the project creation process.

Create Project Report: After getting registered, you can start the process by submitting certain required documents, we will assess the documents and ask for further information to create project report best possible report.

Delivery: You can also cross-check all the details included in the report before finally generating it. Make sure all the information contained in this project is accurate and up to the mark. After your full satisfaction you can download the report by making a payment. Thereafter your detailed project report can downloaded in seconds and if required you can quote for hard copies.

Financeseva’s report is acceptable by all banks, project report for bank loan are essential to get qualify.

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Generate a detailed project report for bank loan in less than 10 minutes. Risk-free software that works on automation. No hidden charges, Fast & Result oriented.

A Project Report Format

A project report serves as a snapshot of the entire project/business plan.  

Most of you may be unclear about the actual format required for a project report. The format of the project report is very simple - just explain all aspects of your business.

Creating a format of project report is a very difficult task for all businesspeople. A project report is also known as a business plan; is an important document when going for a bank loan.

Typically, most of the businesspeople or entreprenuers find it difficult to create a project report of their own, that’s why Financeseva come into the picture as you don’t need financial knowledge in creating the project report in Financeseva.  

A good project report should contain the following information. You can use our sample project report for having a better understanding of the format required to create a detailed how to apply project report.

A perfect project report format consists of:

Introductory Page – This section includes the potential, need, possibility of project and fund needed, and so on.  

Scope of the project– Examine project planning that involves determining and documenting a list of specific project goals, deliverables, tasks, costs and deadlines

Details about the Promoters–  Under this portion, entrepreneurs need to details the information of promoters which includes their educational qualifications and work experience.

Product /services – Briefly describe about your offering whether it a product or services, how your offering will benefit to the public.  

Location details – Where you are going to start the unit, its specialty, etc

Plant & machinery details – Details of your plant and machinery used

Raw materials (if any) – Details of raw material used

Market potential and marketing strategy – How big is your market?, How you are planning to sell the product

Employees details –details of employees, their educational qualifications, work experience, etc.

Project cost – Total money (including your share) for building your project

Application of fund – How you allocate funds in your project

Means of Financing – From where you source the fund

Balance Sheet

Profit and Loss Statements

Cash Flow Statement

General Ratios

Break-Even Point Evaluations

Conclusions

Instead of creating all the details in the given project report format, you can use Financeseva as an easy way to create the report. Our report is approved by all banks in India.

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Small Business Loan

Financeseva offers unsecured business loan in Delhi for low interest rates.Check your eligibility criteria for a business loan in Delhi here.

Small Business Loan

Small business loan are provided to business owners to meet their entrepreneurial objectives. This type of small business loans can be obtained distributors, wholesalers, manufacturing units, retailers, self-employed professionals, non-professionals and services.

Under small business loan individuals can get loans up to Rs.75 lakh with a maximum flexible tenure of 60 months. Small business loans are offered by various banks, financial institutions, or NBFCs. However, this can be obtained either in the form of secured or unsecured business loans.

Eligibility criteria of small business loan

The age limit of the individual is ranging from 21 to 65 years of age.

A minimum of 3 years of business vintage is required.

CIBIL Score must be 750 or above.

The individual has ownership of business loan property or residence.

Manufacturing units, Artisans, Trader, Retailer, self-employed professionals, Distributor, Wholesalers, Services, skilled workers or semi-skilled workers are eligible for this loan.

Documents required for small business loan

2 passport-sized photographs

Proof of business stability.

Aadhar card and Passport.

Copy of PAN Card.

Bank statements of last 6 months for proof of business vintage.

KYC Documents

Proof of ownership such as business premises, residence.

Recent electricity bill of business premises.  

Cheque for processing fee.  

Complete documentation of property with ATS, Chain + MAP.

Address proof required whether permanent or rented.

Permanent address proof required and also if rented.

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Personal Loan Meaning

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Personal Loan Meaning

A personal loan means an absolute credit solution to fulfill your personal loan desires or your personal needs such as your travel expenses, wedding, house renovations, or home construction, and it can be used in your financial or medical emergencies in which you may avail yourself a personal loan to consolidate your existing debt, even for defraying the educational expenses of your wards. It is extremely easy with a paperless and hassle-free application process. Customized personal loan offerings include instant online applications.  

It is usually an unsecured loan; even personal loans are the most popular unsecured loans in which you can get a loan without securing any collateral. It helps you to save your assets. Unlike other loans, it may have a shorter repayment tenure ranging from 1-5 years. Depending upon the individual applicant's profile and lender, the APR (Annual Percentage Rate) of a personal loan meaning may vary from 11.29% to 35%.

Anyone can apply for the personal loan

Salaried Individuals: Individuals with a regular income of at least 15,000 and who can meet other requirements are eligible to apply.

Self-Employed Individuals: Self-employed professionals or non-professionals can avail themselves of funds to fulfill their personal requirements.

Students: Being a student if you facing difficulty managing finances for higher education. With a co-applicant, personal loans for students are provided online which allows you to get instant approval and speedy disbursal.

Retired Individuals: Retired individuals who are collecting pension money are eligible, no matter whether you own it from the government or not.

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Generate a detailed project report for bank loan in less than 10 minutes. Risk-free software that works on automation. No hidden charges, Fast & Result oriented.

Project Report for Loan

In order to get a business secured loan from bank for a new startup or existing business, the borrower should submit the project report for loan with the bank. All the necessary requirements and official documents have to be submitted with the project report.  

The project report must be represented in such a way that entails the whole idea of the business in short and up to the point that can be easily understood by the lender.

Further, discussed are the significance of the project report required to be submitted in order to avail business loan.

Key Components of Project Report

In the below, let us examine the major components required for preparing a project report for secured loan:

Introductory page: Give the introduction of the business, aim with its purpose.

Summary of the project: Summary of the project should consist of the overall status of the business

Scope of the project: It must entail the percentage of work that has been planned

Details of promoters: The details of the promoters and their educational qualifications and work experience and so on.

Infrastructure facilities: Information about infrastructure facilities should also be mentioned like whether the tools have been deployed or not.

Means of financing

Balance Sheets: Profit and Loss Statements

Fund Flow Statement

Break-Even Points Evaluations Conclusion

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Is your CMA preparation costing higher? Here is the perfect platform to create a CMA Data at reasonable price - plan & pricing.

CMA Data

CMA data is known as Credit Monitoring Arrangement Data. It is the financial report that shows the projected and past performance of business in the terms of finance. Many banks and financial bodies ask the borrower to make a credit monitoring arrangement to recognize the funds of application and the flow in the business. It consists of all the metrics and needed financial ratio to aid financial analysts.  

The Reserve Bank of India has commanded all the lenders to make Credit Monitoring Arrangement Report for lending to the applicant. Therefore, Credit Monitoring Arrangement (CMA) is necessary for working capital limits, term loan, and project loan.

Statements that are included in CMA report:-

Fund flow statement: - It shows the position of funds of an applicant in order to MPBF (Maximum Permissible Bank Finance) and balance sheet of project.

Balance sheet: - It is a statement of business that includes capital, assets, and liabilities.

Ratio analysis: - It analyzes two items in the financial statement of the company.

Cash flow statement: - The main objective of the cash flow statement is to acquire the action of the fund for the given duration.

Documents required for CMA report

Repayment schedule for term loan

Recent sanction letter for renewal

Audited financials for the last 2 years.

Provisional financial letter for the existing year.

Information on proposed enhancement with terms and conditions.

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Generate a detailed project report for bank loan in less than 10 minutes. Risk-free software that works on automation. No hidden charges, Fast & Result oriented.

Project Report for Bank Loan

For availing a business loan from bank or financial institutions for new startup- business, as a borrower you must represent the project report of their business. All the necessary requirements and official documents have to be submitted with the project report.

Make sure that the project report should be well-structured, and it should represent the idea of the whole business and can be easily understood by the reader, which means the lender.

Elements of Project Report

Let’s discuss the standard format for the project report for bank loans of new businesses.

In the below section, let us discuss the standard format for the project report for banks loans of new businesses.

Introductory page

Under this page, you have to explain your new business in an introduction form. The aim of the business and on what purpose you have chosen this business all these points should be mentioned in this introductory part.

Summary of the project

The summary of the project report for bank loans should contain of the overall status of the business. Time to be consumed in working or manufacturing something should be there, and the budget of the whole business should also be mentioned.

Scope of the project

The scope of your business should be clearly defined, it should contain the percentage of work that you have planned and the percentage of planned work that has already been completed. Quick overview of results and planning of next steps should be included.

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Credit Report Online

What is a credit report?

A credit report is a statement of credit activities and current credit situation and the status of your credit accounts. Lenders use this report to ensure that they will loan the money on what interest rate. They also determine the credit report online that the customer meets the terms and conditions of an existing credit account. Most of the people have more than one credit report. Credit reporting companies, also known as credit bureaus or consumer reporting agencies, collect and store financial data about customers that is submitted to them by creditors, such as lenders, credit card companies, and other financial companies. Creditors are not required to report to every credit reporting company.

Can you check credit reports online?

You are entitled to a free credit report every 12 months from each of the three major consumer reporting companies (Equifax, Experian and TransUnion). You can request and review your free report through many ways or various sites through internet such as CRED click on 'check credit score'. next, enter your name, phone number, and email ID, then click on confirm. You will receive your CIBIL score report on your registered email ID and via WhatsApp. Or You can request a copy from AnnualCreditReport.com. You can request and review your free credit report through one of the following ways: Online: Visit AnnualCreditReport.com.

One important thing which we need to remember that It is very important to check the report and see whether the details mentioned are correct. This can help individuals guard against fraud and identity theft. They can check their reports and get the errors rectified by informing the credit agency or the bank.

[financesevaloan]

Generate a detailed project report for bank loan in less than 10 minutes. Risk-free software that works on automation. No hidden charges, Fast & Result oriented.

Project Report PMEGP

The full form of Project Report PMEGP is the Prime Minister Employment Generation Program. This is a credit connected subsidy program to encourage entrepreneurship of educated and semi-educated youth initiated by the Ministry of Micro, Small and Medium Enterprises, Government of India. Khadi and Village Industries Commission (KVIC) is an organization at national level for execution of the plan. The subsidy slabs are 15%, 25% & 35% of total project cost with upper project report limit with 2500,000.

How to apply for a loan

Every applicant must submit the application form online added with a proper project report, Once the DIC (District Industries Centers) office examines the documents, the application further sent to the PMEGP sanctioning committee for further approval. Once approved, the application is sent to the bank to grant a loan. The Project Report For Bank Loan may then take appropriate decisions according to banking guidelines. The process may take up to 90 days.

Project specifications

The project report can be of minimum 20 pages and maximum 25 Pages of PMEGP project report and assure that it should contain everything as per guidelines of the bank.  

Your project report should perfectly craft to match KVIC and Banking guidelines for loans. Then you can use a single project report which will serve both purposes.

Project report should contain all the information about the project. These subsidies projects should comply with the all the financial details.

Therefore, the project report for the purpose of loan for your project. If you are seeking a loan under the subsidy of PMEGP.