Extention for Opening of FCRA Bank A/c

SBI Parliament Street Account can be opened by 31st Mar 2021
(based on FCRA Public Notice dt 13-10-2020)

Realising the practical problems for thousands of NGOs to open bank account, overnight in Parliament Street Branch, Govt has now given extension to open this account before 31st March 2021.

Once again the notice reiterates, that NGO need not visit Parliament Street Branch, and can request any other Branch of SBI to facilitate. Though it may take some time for SBI branches to facilitate, but ultimately they should do it.

If in any doubt, please contact SBI Parliament Street Branch email id: agmcommercial00691@sbi.co.in .

So now anyone expecting transfer of FC funds from outside India, you may do so till the date of opening of account or 31st March 2021, whichever is earlier.

All new applicants must open bank account directly in SBI, Parliament Street with immediate effect.

Please note that FUNDS TRANSFER TO NGOS is not covered by above notice, no Indian NGO can transfer funds to another NGO, after effective date of Amendment Act, i.e. 29th Sept 2021.

Click for FCRA Notification

Socio Research & Reform Foundation (NGO)
512 A, Deepshikha, 8 Rajendra Place,
New Delhi – 110008

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2 Responses to Extention for Opening of FCRA Bank A/c

  1. Sir
    Thanks and congratulations for organizing an informative zoom meeting. We could hear it on F.B.
    Today we approached our SBI Bank – Sayajigunj Branch – Vadodara. And the Chief Manager told us that they have not received any instructions for opening FCRA a/c in their Sansad Road – New Delhi branch.
    Have even forwarded to her the mail about opening such an a/c received from M.H.A – FCRA department about opening this a/c.
    We look forward to more such informative meetings.
    Thanks & Regards

    • Subhash Mittal says:

      Thank you.

      Re Sayajigunj BM not having any information about opening of Bank Account, suggest you also inform FCRA cell of SBI, Main Branch, Sansad Marg at email id: agmcommercial.00691@sbi.co.in . You may also speak to the concerned officers at New Delhi branch at 011-23374142/23374143/23374184.

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