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Rejection By Bank Status Report Of TAMILNAD MERCANTILE BANK LTD



Sr.No
PARTICULARS
No.of.proj
In %
1 Total No of Application Forwarded 1084 -
2 Total No of Application Rejected 336 31
3 Not Viable 43 12.8
4 PMEGP Target Achieved for current year 0 0
5 Out of service area 5 1.49
6 Applicant not intrested 30 8.93
7 CIBIL Report not satisfactory 50 14.88
8 Defaulter 9 2.68
9 Unable to deposit own contribution 2 .6
10 Existing unit 20 5.95
11 Inadequate knowledge in proposed industry 35 10.42
12 Activity in negative list as per PMEGP Scheme 0 0
13 Already Govt. Employee 0 0
14 Unable to submit Documents 42 12.5
15 Spouse PMEGP/REGP Loan availed 3 .89
16 Applicant requested to return application 14 4.17
17 Improper application 16 4.76
18 Revised Application Submitted 25 7.44
19 Applicant willing to avail PMEGP loan from other bank 10 2.98
20 Other Reasons 0 0