FCRA Bank Account

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An FCRA Bank Account is a dedicated account required for all foreign contributions received by organizations under the Foreign Contribution Regulation Act (FCRA). It is functioning based on the FCRA account RBI guidelines. The process of opening an FCRA account typically takes seven days from the application date.

Existing FCRA-registered organizations are prohibited from receiving foreign donations in any account other than the designated FCRA account. New applicants, however, are required to open their FCRA account after receiving their FCRA certificate from the Ministry of Home Affairs.

This FCRA account can only be used to receive foreign contributions. No domestic funds or other non-foreign transactions are allowed in this account.

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FCRA Registration FAQ’s

What is FCRA registration?

FCRA full form stands for Foreign Contribution Regulation Act. FCRA registration is a legal requirement under the Foreign Contribution Regulation Act that allows individuals, NGOs, or companies in India to receive foreign contributions lawfully.

What are the FCRA registration fees?

The FCRA registration fee varies depending on whether it’s a new application, prior permission, or renewal.

What is the FCRA registration process?

The FCRA registration process involves submitting an online application on the Ministry of Home Affairs (MHA) website, providing the required documents, and paying the registration fees.

How can I check my FCRA status?

You can check the FCRA status online by visiting the Ministry of Home Affairs (MHA) FCRA portal and entering the registration details.

How do I search for an FCRA registration number?

You can search for an FCRA registration number through the MHA’s FCRA registration number search tool available on their official website.

What documents are required for FCRA registration?

Documents required for FCRA registration include the NGO’s registration certificate, Memorandum of Association (MoA), audited financial statements, NGO Darpan ID, and Aadhaar cards of office bearers.

Can FCRA registration be cancelled?

Yes, FCRA registration can be cancelled by the Ministry of Home Affairs if the organization violates the regulations, such as improper use of funds or failure to file annual returns.

How do I apply for FCRA renewal?

To apply for FCRA renewal, submit the renewal form (FC-3C) online through the FCRA portal, ensuring that the application is filed six months before the expiry of your current registration.

What are the FCRA account RBI guidelines for receiving foreign contributions?

The FCRA RBI guidelines require that organizations eligible under the Foreign Contribution (Regulation) Act (FCRA) open a designated bank account with a specified branch of the State Bank of India (SBI) to receive foreign contributions. According to the FCRA account RBI guidelines, all foreign contributions must be routed through this account to ensure proper tracking and compliance with regulatory requirements.

How do I verify my FCRA registration number?

FCRA registration number verification can be done on the MHA’s FCRA portal by entering the registration number and checking its validity.

What happens if the FCRA registration certificate is deemed to have ceased?

If an FCRA registration certificate is deemed to have ceased, the organization must stop receiving foreign contributions and apply for renewal or re-registration to continue operations legally.

How to check FCRA registration status online?

You can check the registration status online by logging into the FCRA portal and entering your registration or application number under the “FCRA registration status” section.

What is the Darpan ID, and why is it required?

Darpan ID is a unique identifier for NGOs registered on the NITI Aayog portal. It is mandatory for FCRA registration and helps in streamlining the application process for NGOs receiving foreign contributions.

What is the FCRA bank account requirement?

NGOs must open a dedicated FCRA bank account at the SBI New Delhi Main Branch to receive all foreign contributions. No other accounts are permitted for receiving foreign funds under FCRA.

How to track the FCRA registration application status?

You can track the status of your FCRA registration application by logging into the FCRA portal and using the “FCRA registration application status” tool with your application details.

What happens if my FCRA registration is cancelled?

If FCRA registration is cancelled, the organization is prohibited from receiving foreign contributions. To receive foreign funds again, the organization must reapply for registration or seek prior permission.

How to Check the FCRA Status State Wise List?

You can find the FCRA status state wise list on the official FCRA portal, which provides details by state and district.

How to check the status of FCRA registration?

The status of FCRA registration can be checked online by entering the FCRA registration number on the Ministry of Home Affairs’ FCRA services portal.

What FCRA Stands for?

FCRA stands for the Foreign Contribution Regulation Act, which regulates the acceptance and utilization of foreign contributions by organizations in India.

How to the check the FCRA Validity Status?

The FCRA validity status can be verified through the official FCRA online services by checking the registration number and associated details.

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