Looking at your name that build is just an example i think?
Anyway,i wouldn't add so much fans to the build,they cost as much as the case itself and for that amount of money could you just buy a better case with more fans already in it,you maybe could add one 140mm led fan and replace the 120mm to the back.
Then would i use the stock cooler.This seems enough to get an i3 4170 (or 4160) which should do better than the pentium,since having hyper threading which makes it a virtual quad core.
I also would try to get a better psu,something like this since probably at a decent budget available where you live,
http://pcpartpicker.com/product/4Vzv6h/seasonic-power-supply-s12ii430b
again looking at your name i suspect your from India or around...