Foreign Contribution (Regulation) Act, 2010 · Section guide
Section 17 — Foreign contribution through scheduled bank
Reviewed by CA Nikhil Gupta · Last reviewed 18 September 2026
Chapter IVAccounts, intimation, audit and disposal of assets
What this section provides
Foreign contribution must be received only through the specified FCRA Account at the State Bank of India New Delhi Main Branch under the post-2020 framework. The recipient may maintain permitted utilisation accounts, but no non-FC funds may be mixed in the FCRA account structure contrary to the Act. Banking controls should trace receipt from SBI NDMB through permitted utilisation accounts and accounting ledgers.
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Primary official sources
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