Donors in the UK
Modalities for Donors in the UK
For Donors from UK the way to contribute to IIMA is through a foreign currency account. They can
remit the funds directly to IIMA through an FCRA transfer.
- 1) Direct transfer to IIMA
For donors contributing from all other countries (except USA and UK) through a foreign currency
account: Donation may be sent to IIMA’s FCRA account at SBI (account information/details pasted
below). There is no tax benefit available on these receipts with funds from abroad.
Note: Please do not remit funds from NRO / NRE a/c’s.
| Sr No | Field Name | Details |
|---|---|---|
| 1) | Name of the Account Holder | INDIAN INSTITUTE OF MANAGEMENT AHMEDABAD - F.C. ACCOUNT |
| 2) | Account Number | 40069720103 |
| 3) | Bank’s Name & Address | State Bank of India 11, Sansad Marg, New Delhi 110 001. |
| 4) | Branch Code No. | 691 |
| 5) | Swift No. | SBININBB104 |
| 6) | MICR Code | 110002087 |
| 7) | IFSC Code | SBIN0000691 |
| 8) | Bank’s Email ID | fcra.00691@sbi.co.in |
| 9) | PAN No. OF IIMA | AAATI1247F |
| 10) | Remittance Comments (if provided by bank) |
The foreign inward remittance should invariably contain following details: 1. FCRA Account number 2. Swift Code 3. Name of the Beneficiary i.e. PGP 1999 Batch Drive (in your case) 4. Name of Donor/ remitter 5. Account number of the donor/ remitter 6. Donor/ remitter's address 7. Donor/ remitter's Country of Residence |
Please inform endowment@iima.ac.in and dean-aer@iima.ac.in mentioning the purpose of the donation, fullname and mailing address and if possible, a screenshot of the transfer.
Disclaimer: Taxation details should be run past tax advisors in your local jurisdiction as needed.
