Modalities for Donors in the UK
Donors from the UK have 2 ways to contribute to IIMA. They can either contribute to the IIMA
Alumni Association London or transfer funds directly to IIMA.
- 1) Contributing via IIMA Alumni Association London
For donors in the United Kingdom, tax effective giving to IIMA is possible to IIMA via the tax incentives as available
under Gift Aid. Donations are also eligible for employer matching programs.
To avail of the tax benefits, donations should be sent to IIMA Alumni Association London, which is a registered charity with UK charities commission # 1117664 & HMRC Tax id: 922/XT3019. Further details on Gift Aid, including latest tax relief rates is available on: https://www.gov.uk/donating-to-charity/gift-aid
To avail of the tax benefits, donations should be sent to IIMA Alumni Association London, which is a registered charity with UK charities commission # 1117664 & HMRC Tax id: 922/XT3019. Further details on Gift Aid, including latest tax relief rates is available on: https://www.gov.uk/donating-to-charity/gift-aid
Funds can be transferred to IIMA Alumni Association London as below:
| Sr No | Field Name | Details |
|---|---|---|
| 1) | Account Number | 76231759 |
| 2) | Bank’s Name & Address | ICICI Bank UK Plc 45 South Road, Southall UB1 1SWA |
| 3) | Bank Sort Code | 30-01-28 |
| 4) | Remittance Comments (if provided by bank) | “(Purpose of the donation)” |
After the online payment, please inform Mr. Kaushik Suresh (kaushik.s1988@gmail.com) and Mr. Sanchay Singla
(sanchay.singla@gmail.com ) with a copy to endowment@iima.ac.in
and
dean-aer@iima.ac.in mentioning the purpose
of the donation, fullname and mailing address. If possible, please attach a screenshot of the transfer.
The receipt will be issued once funds have been received.
The UK chapter will be sending out a Gift Aid form, which the donor is requested to complete and send back to the UK
Chapter. This will help the charity claim tax incentives from the HMRC.
Disclaimer: Taxation details should be run past tax advisors in your local jurisdiction as needed.
Note: Please do not remit funds from NRO / NRE a/c’s.
- 2) Direct transfer to IIMA
Contributions may be sent to IIMA’s FCRA account at SBI (account information/details
provided below).
Please note, there is no tax benefit available on these receipts with funds from abroad.
| Sr No | Field Name | Details |
|---|---|---|
| 1) | Name of the Account Holder | INDIAN INSTITUTE OF MANAGEMENT AHMEDABAD - F.C. ACCOUNT |
| 2) | Account Number | 40069720103 |
| 3) | Bank’s Name & Address | State Bank of India 11, Sansad Marg, New Delhi 110 001. |
| 4) | Branch Code No. | 691 |
| 5) | Swift No. | SBININBB104 |
| 6) | MICR Code | 110002087 |
| 7) | IFSC Code | SBIN0000691 |
| 8) | Bank’s Email ID | fcra.00691@sbi.co.in |
| 9) | PAN No. OF IIMA | AAATI1247F |
| 10) | Remittance Comments (if provided by bank) |
The foreign inward remittance should invariably contain following details: 1. FCRA Account number 2. Swift Code 3. Name of the Beneficiary 4. Name of Donor/ remitter 5. Account number of the donor/ remitter 6. Donor/ remitter's address 7. Donor/ remitter's Country of Residence |
Once the transfer is complete, please inform endowment@iima.ac.in
and
dean-aer@iima.ac.in mentioning the purpose of the donation, fullname and mailing address. If possible, please
attach a screenshot of the transfer.
Note: Please do not remit funds from NRO / NRE a/c’s.
Disclaimer: Taxation details should be run past tax advisors in your local jurisdiction as needed.