A nursery business may be perfect for you if you love to surround yourself with lush greenery and are looking to make money. There are many who want to decorate their houses with plants and bonsai trees to evade the feeling of urban melancholy.
A nursery business can cater to such a target audience and also make a difference by keeping the environment in cities greener. If you are planning to start a nursery business and want to partake in horticulture, you must have a clearly drawn-out nursery business plan.
Read on to know all that you need to know about a nursery business plan and how you can pilot it smoothly.
If you wish to set up a nursery business and lack funds, you can avail of a business loan offered by various banks and NBFCs. The following table showcases the interest rates and the maximum repayment tenures offered by these lending institutions:
Our Partners |
Interest Rate Range |
Max Loan Amount/ Tenure |
Avail Loan |
20% onwards |
36 months |
||
28% onwards |
36 months |
||
12% onwards |
36 months |
||
18% onwards |
60 months |
||
20% onwards |
48 months |
||
16% onwards |
36 months |
||
15% onwards |
9 months |
||
15% onwards |
36 months |
||
1.25% p.m. onwards |
72 months |
Disclaimer: The interest rates mentioned in the above table are subject to change. For further information, please contact the lender.
To be eligible to avail of a business loan to start a nursery business, you need to fulfil the following basic requirements:
Nationality: An Indian citizen (must be a Non-Resident Indian)
Age: Must be between 25 to 65 years
Employment Type: Must be a self-employed individual (professional or non-profession)
Business Type: Must be sole proprietorship, partnership, limited liability partnership, or a private limited company
If you wish to avail of a business loan to start your nursery startup, you will need to submit the following documents:
PAN card, Voter’s ID card, passport, or driving licence to determine your identity
Aadhaar card, passport, lease agreement, or utility bills as proof of your domicile
Bank statement for the last 6 months
ITR form
Balance sheet, and Profit and Loss (P&L) statement for the last 2 years
Business strategy
Map of the nursery’s location
Copy of different permits, Licences, and registration certificates obtained from the local and state government authorities
Proof of partnership agreement or sole proprietorship declaration (if any)
Certified copy of Memorandum and Articles of Association (if any)
In order to apply for a nursery business loan, you need to follow these simple steps:
Step 1: Click on 'Apply Now' on this page
Step 2: Complete the application form by providing all the required details
Step 3: Click on the 'Check Your Offer' button
Step 4: Enter additional details
Step 5: Compare the lenders and select the preferred one
Step 6: Enter the desired loan amount, repayment tenure
Step 7: Submit your application
Once you have completed this process, a representative will get in touch with you to take the process further.
In conclusion, you can start a nursery business plan if you love to partake in horticulture and wish to make money from the same. However, to get desired results and make the business profitable, you need to chalk out a robust nursery business plan.
Moreover, in case you lack funds, you can still fulfil your dream of setting up a nursery by availing a business loan from Bajaj Markets.
To start a sizable unit of a nursery, you will be required to invest about ₹3-4 Lakhs.
While it depends on a number of factors, a nursery business is generally profitable. Moreover, you can make it profitable if you plan for the future and stick to a robust nursery business plan.
To get a Licence to set up a nursery, you will need to get a land-use permit from the local authorities. After that, you can apply for an agricultural Licence which will be issued after an inspection by an authority from the state agricultural department.
Yes, to sell plants, you need to obtain a general business licence.
Yes, while it depends on a number of internal and external factors, a plant necessary is generally a profitable business. You can make it profitable by chalking out a plant nursery business plan and working accordingly.