For Donors within India
- Through Wire Transfer
The details for a Wire Transfer for those contributing directly to IIMA are:
| Sr No | Field Name | Details |
|---|---|---|
| 1) | Name of the Account Holder (IIMA’s bank account in the name and style, being) | IIM Ahmedabad Endowment Fund |
| 2) | Account Number | 50100419131151 (SB) |
| 3) | Bank Name | HDFC Bank Ltd |
| 4) | Account Type | Savings |
| 5) | IFSC Code | HDFC0000048 |
| 6) | PAN No. OF IIMA | AAATI1247F |
| 7) | Remittance comments (If provided by the bank) | “(Purpose of the donation)” |
All donations to IIMA by resident Indians / Organizations are 100% tax-exempt under Section 80 G (2) (a) (iiif) of the
Indian Income Tax Act subject to the limit of gross total income of the donor.
Section 80G of the Income-tax Act, 1961 allows individuals to save tax on the donations made to the specified
institutions. Thus, deduction can be claimed only if an individual opts for old tax regime for a particular financial year.
While contributing in the above manner, we request you to provide the RTGS/Wire transfer information of your
contribution, along with the PAN No, name and address, that it is towards the Corpus of IIMA and purpose (Remittance
date & amount and if possible, screenshot of online transfer confirmation) to be shared withendowment@iima.ac.in
and
dean-aer@iima.ac.in
dean-aer@iima.ac.in
- Through Cheque / DD
The contributions should be made directly to IIMA Endowment Fund. The cheques payable at par / Demand Drafts
should be drawn in the favour of ‘IIM Ahmedabad Endowment Fund’ along with a cover letter indicating:
- Fullname (name / entity for which 80G tax receipt will be issued)
- PAN
- Postal Address of the Donor (only Indian address with postal PIN)
- Confirmation note as part of the cover letter stating that the amount donated is towards the ‘Corpus of IIMA’ and specifically the 'IIMA Endowment Fund'.
The cover letter along with the cheque / DD should be addressed to: Manager – Donor Relations, IIMA Endowment Fund,
Endowment Fund Office, Ground Floor, Forum Tower, IIMA New Campus, Vastrapur, Ahmedabad – 380015 Gujarat
(India). The information can be sent via e-mail to: endowment@iima.ac.in
anddean-aer@iima.ac.in
Note: Please do not remit funds from NRO / NRE a/c’s.