Published 15:32 IST, April 27th 2020

Jana Small Finance Bank Receives Government Approval to Collect Contributions for PM CARES Fund

With this inclusion, Jana SF Bank account holders can conveniently contribute from their homes using various digital channels, including debit cards, UPI, NEFT, RTGS or IMPS.

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With this inclusion, Jana SF Bank account holders can conveniently contribute from ir homes using various digital channels, including debit cards, UPI, NEFT, RTGS or IMPS.

n-Jana SF Bank account holders can also donate to this ble cause by simply ding Jana SF Bank's PM CARES FUND bank account as a beneficiary to ir bank and transfer money through internet banking or mobile banking from convenience of ir home.

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On anuncement, Ajay Kanwal, MD and CEO of Jana Small Finance Bank said, "se are extraordinary times and we are privileged that we can help Government in relief efforts. current crisis is complex given human and ecomic dimension, so responding quickly is key. Lakhs of donations, irrespective of amount, done immediately will be ar collective show of our resolve to overcome crisis."

Citizens and organizations can donate to PM CARES Fund using following details:

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Jana Small Finance Bank

Name: PM CARES FUND

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Account Number: 4512012244668800

IFSC Code: JSFB0004512

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Account Name: Karol Bagh, New Delhi

Donations to PM CARES Fund would qualify for 80G benefits for 100% exemption under Income Tax Act, 1961. Donations to PM CARES Fund would also qualify to be counted as Corporate Social Responsibility (CSR) expenditure under Companies Act, 2013.

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Jana Small Finance Bank, erstwhile Janalakshmi Financial Services (NBFC MFI that started in 2006), is hequartered in Bangalore and has undertaken journey of financial inclusion, serving underserved for over a dece. Bank began banking operations over two years ago and is serving 40 lakh customers across 22 states and Union Territories in India. Its vision is to become leing inclusive digitized bank serving all customer segments and communities of an aspirational India.

bank has been expanding its digital range of services and products and recently launched an unique UPI QR based loan EMI payment solution in collaboration with NPCI (a first amongst Small Finance Banks & NBFC MFIs).

 

15:32 IST, April 27th 2020