ICICI Bank gets mandate to collect contributions for PM Cares Fund; send via internet banking

ICICI Bank has announced that it has been authorised to collect donations for the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund, the bank informed via a media release.

The fund has been created with the primary objective of dealing with any kind of emergency or distress situation, like posed by the COVID-19 pandemic, and to provide relief to the affected, the release said.

The individuals and organisations can conveniently donate to the ‘PM CARES Fund’ account with ICICI Bank through the Bank’s various digital channels including internet banking and RTGS/NEFT, the release said.

Even non- ICICI Bank customers can contribute to this account through internet banking from their bank accounts. Donations to this fund are exempted under Sec 80(G) and the receipts can be downloaded by the donors from the 'PM CARES' portal after 15-20 days of the donation.

“ICICI Bank is honoured to join hands with Government of India to collect donations for the PM CARES Fund. We are delighted to announce the launch of ICICI Bank account for collection of donation towards this noble cause," the release said quoting Anup Bagchi, Executive Director at ICICI Bank said.

"We urge all the citizens to donate generously to the fund and help government provide relief to the those who are impacted by the COVID-19 pandemic. The willing contributors can donate through the various digital channels of the Bank," Bagchi said.

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Account details:

Name of the Account: PM CARES Fund

Account Number: 663701PMCARE

IFSC Code: ICIC0006637

Name of Bank: ICICI Bank Ltd