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PMOPG/E/2022/0316365
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Grievance Status for registration number : PMOPG/E/2022/0316365
Grievance Concerns To
Name Of Complainant
Sudarshan Maurya
Date of Receipt
28/11/2022
Received By Ministry/Department
Prime Ministers Office
Grievance Description
The matter concerns the deputy commissioner industry, district industries centre Mirzapur addressed to Branch Manager, State Bank of India, District-Mirzapur. Handwritten. Application date-04/11/2022 submitted to Branch Manager. Unfortunately, no action was taken by the branch manager concerned.
Letter number-1250 dated-03 November 2022 in regard to adjustment of margin money claim of the applicant attached as the first page of the attached PDF document to the grievance.
According to concerned staff of the State Bank of India, the margin money provided by the government will be merged into your accounts if you will close this account and take mudra loan to proceed with your business activities.
But the applicant is no more interested with the cumbersome and cryptic proceedings of the bank.
Now the applicant wants to draw the kind attention of the Honourable Sir to the circular of Khadi and Village Industries Commission 3, Irla Road, Vile Parle West, Mumbai, 56
Circular number-PMEGP/MM subsidy/Adjustment/2012-13/23 dated 07 May 2012
Vide last para of attached PDF document which states as
The average working capital availment should be calculated over a period beginning with the first withdrawal of the cash credit and ending on the completion of the three-year period from the date of the first disbursement of the loan i.e. term loan or date of ending of lock-in period whichever is earlier.
This categorically implies that now they must merge the margin money in the term loan account of the applicant.
It is most unfortunate that the State Bank of India is run by arbitrary rules and regulations made by its administrative staff for its own convenience.
Moreover, they have deducted monthly interest i.e. M.I. of amount Rs.8200 from my cash credit account arbitrarily with adjusting the margin money into my term loan account. It reflects the tyranny and arbitrariness in the working of the state bank of India which only promotes corruption, and its sole victims are innocent gullible consumers of the bank. Entire relevant documents are attached to the grievance.
Grievance Document
Current Status
Grievance Received
Date of Action
28/11/2022
Officer Concerns To
Forwarded to
Prime Ministers Office
Officer Name
Mukul Dixit ,Under Secretary (Public)
Organisation name
Prime Ministers Office
Contact Address
Public Wing 5th Floor, Rail Bhawan New Delhi
Email Address
us-public.sb@gov.in
Contact Number
011-23386447