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Rejection By Bank Status Report Of SOUTH INDIAN BANK



Sr.No
PARTICULARS
No.of.proj
In %
1 Total No of Application Forwarded 1067 -
2 Total No of Application Rejected 755 70.76
3 Not Viable 88 11.66
4 PMEGP Target Achieved for current year 0 0
5 Out of service area 3 .4
6 Applicant not intrested 54 7.15
7 CIBIL Report not satisfactory 215 28.48
8 Defaulter 6 .79
9 Unable to deposit own contribution 3 .4
10 Existing unit 27 3.58
11 Inadequate knowledge in proposed industry 26 3.44
12 Activity in negative list as per PMEGP Scheme 1 .13
13 Already Govt. Employee 0 0
14 Unable to submit Documents 105 13.91
15 Spouse PMEGP/REGP Loan availed 1 .13
16 Applicant requested to return application 17 2.25
17 Improper application 62 8.21
18 Revised Application Submitted 54 7.15
19 Applicant willing to avail PMEGP loan from other bank 16 2.12
20 Other Reasons 0 0