FCRA Dept has now issued yet another notification yesterday (7th June 2017) see link https://fcraonline.nic.in/home/PDF_Doc/fc_Circular_07062017.pdf stating that all NGOs must ensure that their latest Designated and Utilisation accounts should be updated on the FCRA website.
They have also published names of 2025 NGOs who they consider need to update these details. Time given is 15 days. Following details of the bank accounts should be updated. Please visit the link https://fcraonline.nic.in/home/PDF_Doc/fc_list_07062017.pdf for the list of organizations need to update their bank account.
• Name of the Bank
• Branch Code
• Account No.
• IFSC Code, etc.
Details have to be filled up online through Form FC6.
It may be a good idea, that all NGOs should check whether they are on this list, if yes, update immediately. Even if not, suggest that ask your Accounts Dept. to verify if all the accounts are updated with all the required details. In case there are any gaps, say some utilization account details have not been given, it is a good opportunity to update the same.
It seems the purpose of this is to enable Banks to provide feedback within 48 hours to MHA on movement of funds in FCRA accounts.
Socio Research & Reform Foundation (NGO)
512 A, Deepshikha, 8 Rajendra Place,
New Delhi – 110008