Karnataka Govt. writes to SLBC instructing against adjusting Gruha Lakshmi amount for loans
Money already deducted towards loan dues without clear written consent of beneficiaries should be immediately re-credited to respective women’s accounts
The Karnataka government has instructed the State Level Bankers’ Committee (SLBC) to refrain from adjusting the monthly Gruha Lakshmi installment of ₹2,000, which is deposited into women’s accounts, towards any loans, interest, or other dues. This directive comes after Chief Minister D.K. Shivakumar issued similar orders following a representation by MLC Dinesh Gooli Gowda.
According to the letter from Additional Chief Secretary and Development Commissioner Uma Mahadevan, all financial institutions in the state, including commercial banks, cooperative banks, and regional rural banks, are prohibited from adjusting the Gruha Lakshmi amount or auto-debitting it from beneficiaries’ accounts. Any money already deducted should be immediately re-credited to the women’s accounts, provided the beneficiaries have given clear written consent.
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