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Rejection By Bank Status Report Of FEDERAL BANK



Sr.No
PARTICULARS
No.of.proj
In %
1 Total No of Application Forwarded 2533 -
2 Total No of Application Rejected 1020 40.27
3 Not Viable 179 17.55
4 PMEGP Target Achieved for current year 1 .1
5 Out of service area 17 1.67
6 Applicant not intrested 96 9.41
7 CIBIL Report not satisfactory 224 21.96
8 Defaulter 19 1.86
9 Unable to deposit own contribution 2 .2
10 Existing unit 46 4.51
11 Inadequate knowledge in proposed industry 40 3.92
12 Activity in negative list as per PMEGP Scheme 1 .1
13 Already Govt. Employee 0 0
14 Unable to submit Documents 79 7.75
15 Spouse PMEGP/REGP Loan availed 7 .69
16 Applicant requested to return application 56 5.49
17 Improper application 51 5
18 Revised Application Submitted 83 8.14
19 Applicant willing to avail PMEGP loan from other bank 20 1.96
20 Other Reasons 0 0