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Rejection By Bank Status Report Of KOTAK MAHINDRA BANK LTD



Sr.No
PARTICULARS
No.of.proj
In %
1 Total No of Application Forwarded 409 -
2 Total No of Application Rejected 237 57.95
3 Not Viable 93 39.24
4 PMEGP Target Achieved for current year 0 0
5 Out of service area 2 .84
6 Applicant not intrested 43 18.14
7 CIBIL Report not satisfactory 0 0
8 Defaulter 0 0
9 Unable to deposit own contribution 0 0
10 Existing unit 0 0
11 Inadequate knowledge in proposed industry 8 3.38
12 Activity in negative list as per PMEGP Scheme 0 0
13 Already Govt. Employee 0 0
14 Unable to submit Documents 13 5.49
15 Spouse PMEGP/REGP Loan availed 0 0
16 Applicant requested to return application 6 2.53
17 Improper application 4 1.69
18 Revised Application Submitted 54 22.78
19 Applicant willing to avail PMEGP loan from other bank 0 0
20 Other Reasons 1 .42