New Account for foreign donations to India!

From April 1st, 2021, Donations from abroad must be transferred to our new FCRA account at the State Bank of India (SBI).

Foreign donations only can be given to Indian NGOs with an SBI, State Bank of India account.

Please think of changing your banker's order accordingly.
Most important innovations:

  1. Only 20% (previously 50%) of foreign donations may be used for administrative purposes (including salaries)
  2. Public servants may no longer be employed
  3. Funds transfers to other organizations are not permitted.
The government wants to improve transparency, promote real NGOs and prevent abuse; the conditions have been tightened considerably in recent years, giving rise to some criticism as well.

More information can be found on the website of the Centre For Advancement of Philanthropy and at Council on Foundations.

Donation Accounts of the Shanti Ananda Education Society

NEW!

Our new account for foreign donations

Shanti Ananda Education Society
FCRA Account
State Bank of India,
New Delhi Main Branch
40043801956
IFSC: SBIN0000691
 SWIFT Code SBININBB104


German Donation Account

Spendenkonto der Anahata Stiftung fuer Naturschule Mudigubba

Bank für Sozialwirtschaft
(Anahata Stiftung, Munich)

Ktn: 375 1241 124
BLZ: 700 205 00
IBAN: DE72700205003751241124
BIC: BFSWDE33MUE
Germany
 
Andhra Bank

(General Account)
Mudigubba Branch
A/C No : 185410100193769
IFSC CODE : ANDB0001854