OP, do not skimp out on the processor mobo for a good cabinet. Cabinets can be changed easily, and you can buy a cheap cabinet with an SMPS included in the starting.
If front USB 3.0 slots are really important to you, please increase your budget a little.
Intel i3 3220 - 7169
GIGABYTE-B75M-D3H - 4205
Corsair CMPSU-430CXV2UK 430 Watts PSU - 2822
Corsair Vengeance DDR3 4 GB - 1736 - I bought the same from flipkart for 14** a month back
LG GH24NS71/GH24NS72 - 1035
BenQ 21.5 inch LED - GL2250HM - 8371
Cooler Master Elite 311 Plus Mid Tower Cabinet -...
@ALPHA17 - sorry for asking the wrong question. I wasn't asking for a cooler for myself. I have a Cooler master TX3 or something. I was asking for the OP. HOC40 might shave a couple of degrees under max load, but I really dont think OP would reach max load. I am guessing it would pretty much be...