Vijaya Bank — kumar garments pmegp subsidy linking problem cash credit [protected]term loan[protected]

Address:

Belmannu, Udupi, Karnataka

Kumar garments is having pmegp loan account in vijaya bank belmannu, recently i observed that from the beginning my subsidy of 3.48 lacs linked to my term loan of 2.28 lacs straight away i am loosing interest benefit on 1.20 lacs. And also when term loan gets reduced monthly i am loosing on that front also. If we calculate interest on subsidy amount separately difference is significant. For small enterprise like us that amount is big, as msmes are already struggling to keep floating this would help us immensely. Please look into this credit remaing amount to our cash credit account at the earliest. Thanks