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Rejection By Bank Status Report Of KARNATAKA BANK LTD



Sr.No
PARTICULARS
No.of.proj
In %
1 Total No of Application Forwarded 3093 -
2 Total No of Application Rejected 1109 35.86
3 Not Viable 183 16.5
4 PMEGP Target Achieved for current year 14 1.26
5 Out of service area 125 11.27
6 Applicant not intrested 90 8.12
7 CIBIL Report not satisfactory 127 11.45
8 Defaulter 17 1.53
9 Unable to deposit own contribution 0 0
10 Existing unit 96 8.66
11 Inadequate knowledge in proposed industry 68 6.13
12 Activity in negative list as per PMEGP Scheme 5 .45
13 Already Govt. Employee 1 .09
14 Unable to submit Documents 80 7.21
15 Spouse PMEGP/REGP Loan availed 6 .54
16 Applicant requested to return application 36 3.25
17 Improper application 32 2.89
18 Revised Application Submitted 81 7.3
19 Applicant willing to avail PMEGP loan from other bank 34 3.07
20 Other Reasons 0 0