RBI/2004/319
DBOD. No. Dir. BC.65 /13.01.01/2004-05
December 29, 2004
All Scheduled Commercial Banks
(excluding RRBs)
Dear Sir,
Contribution to Prime Minister's National Relief
Fund (PMNRF)
In consultation with Prime Minister's Office
and Indian Banks' Association (IBA), it has been decided that all the branches
of commercial banks will receive donations and nominate a Nodal Branch in New
Delhi for the purpose of collection of contribution to Prime Minister's National
Relief Fund. Prime Minister's Office has designated the following branches as
designated branches.
(i) Central Bank of India, 70, Janpath,
New Delhi,
(ii) State Bank of India, Institutional
Division, Parliament Street, New Delhi
(iii) Union Bank of India, 14/15F, Connaught
Place, New Delhi
(iv) Dena Bank, Mangal Bhawan, Arya
Samaj Road, Karol Bagh, New Delhi
(v) Syndicate Bank, South Block, New
Delhi
(vi) Corporation Bank, M-41, Connaught
Circus, New Delhi.
(vii) Bank of India, 54, Janpath, New
Delhi
(viii) Indian Overseas Bank, Parliament
Street, New Delhi.
(ix) Punjab National Bank, Parliament
Street, New Delhi
(x) Indian Bank, P45/90, Connaught Circus,
New Delhi.
(xi) Allahabad Bank, Parliament Street,
New Delhi
(xii) Citi Bank, 3rd Floor, Jeewan Bharti
Building, 124, Connaught Circus, New Delhi
1. Each collecting branch would send the
collection to the respective nodal branch of its bank in New Delhi each day
along with the details of the Donor Cheque / Draft No., address and amount of
contribution.
2. These Nodal branches will in turn remit
the funds to any of the 12 designated branches, which are maintaining PMNRF
a/c.
3. The banks which do not have any branch
in New Delhi may collect the donations and remit through a single DD / EFT to
any of the 12 designated branches along with details of the Donor, cheque /
draft No., address and amount of contribution.
4. On-line remittance of donations may be
accepted by those banks, which offer such services. These banks should however
display this prominently on their Website.
5. All these services by the banks to be
provided free of charge.
6. Contribution to the PM National Relief
Fund has been notified for 100% deduction from taxable income under Section
80(G) of the Income-tax Act.
7. The official receipts will be issued to
the donor by the PMO as per the current practice.
8. To facilitate smooth transmission of funds
to the PMNRF Account, RBI has decided to nominate Regional Director, Reserve
Bank of India, New Delhi as the Coordinating Officer who will be available for
any clarification. [Telephone Nos. 23711333 (O), 24697922 (R), Fax No. 23711250
Yours faithfully,
(C.R.Muralidharan)
Chief General Manager-in-Charge
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