List of Banks allowed by FCRA

Bank Integration – FCRA

FCRA department has issued a notification dated 22.12.2017, instructing organization to have FCRA Bank Account only with the list of banks mentioned in the attachment.

Purpose

The purpose is to link FCRA Bank Account with PFMS – Public Financial Management System.  However, system of some of the banks are such that account can not be linked with PFMS.

Action

Thus, if your organization having bank account with the bank other than mentioned in the list, you need to change the FC account with the given 32 Banks within a month.
5 replies
  1. P Rama Rao
    P Rama Rao says:

    Thanks for the list of banks provided. But our FCRA account is in Bank of India which is not included in list. Is there any updated list. please confirm

    Reply
    • Jahir Mansuri
      Jahir Mansuri says:

      Thanks for appreciating my efforts. No, there is no updated list come out. Right now only 32 banks are allowed to have FCRA Account.

      Reply
      • Delite
        Delite says:

        This is a very appreciative effort, Jahir. Indian Bank says they have integrated with PFMS, but Indian Bank is not in the list

        Reply
        • Jahir Mansuri
          Jahir Mansuri says:

          Thank you so much. It is possible that this list was prepared some days back and Indian Bank has integrated with PFMS recently. Hopefully, a new list will be updated. Lets see..

          Reply

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