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Rejection By Bank Status Report Of INDIAN OVERSEAS BANK



Sr.No
PARTICULARS
No.of.proj
In %
1 Total No of Application Forwarded 20128 -
2 Total No of Application Rejected 8250 40.99
3 Not Viable 1433 17.37
4 PMEGP Target Achieved for current year 26 .32
5 Out of service area 309 3.75
6 Applicant not intrested 801 9.71
7 CIBIL Report not satisfactory 900 10.91
8 Defaulter 205 2.48
9 Unable to deposit own contribution 44 .53
10 Existing unit 790 9.58
11 Inadequate knowledge in proposed industry 649 7.87
12 Activity in negative list as per PMEGP Scheme 23 .28
13 Already Govt. Employee 24 .29
14 Unable to submit Documents 577 6.99
15 Spouse PMEGP/REGP Loan availed 49 .59
16 Applicant requested to return application 403 4.88
17 Improper application 357 4.33
18 Revised Application Submitted 687 8.33
19 Applicant willing to avail PMEGP loan from other bank 229 2.78
20 Other Reasons 0 0