List of Banks allowed by FCRA -UPDATED

NEW LIST UPDATED – 46 Banks

https://fcraonline.nic.in/fc_bank_list.aspx

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.
18 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
  2. venkatesh
    venkatesh says:

    Our organization maintained FCRA account for Indian Overseas Bank please give detail for whether added or not for new PFMS scheme

    Reply
    • Jahir Mansuri
      Jahir Mansuri says:

      As of now, only 32 banks mentioned in the above blog is only listed by FCRA officially. There may be other banks which has already linked with PFMS or in the process of it, but as we inquired with FCRA department, only theses 32 banks are valid as of now.

      Reply
  3. Nikesh
    Nikesh says:

    Sir please kindly let us that what is the situation of Bank of India? Our association acount is with Bank of India. Please kindly lets us know. Thanks $ kind regards.
    Nikesh

    Reply
    • Nikesh
      Nikesh says:

      Please kindly lets us know that still Bank of India is in the list or not for fcra accounts under pfms fcra rule. Thank you sir. Await for yours kind assistance.

      Reply
      • Jahir Mansuri
        Jahir Mansuri says:

        No sir. Bank of India is not in the list. We have asked for the clarification also. Check the screenshot of the email received from FCRA department.

        Reply

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