Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund

What Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund does

Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) is a public charitable trust registered on 27 March 2020 in New Delhi under the Registration Act, 1908, with the stated objective of providing relief and assistance to populations affected by public health emergencies, natural calamities, and man-made disasters. The trust is chaired ex-officio by the Prime Minister of India, with the Ministers of Defence, Home Affairs, and Finance serving as ex-officio Trustees; Justice K.T. Thomas (Retd.) and Shri Kariya Munda serve as nominated Trustees, with an Advisory Board comprising Rajiv Mehrishi, Sudha Murthy, and Anand Shah. Administration is handled on an honorary basis by designated officers in the Prime Minister's Office (PMO) at Seva Teerth, New Delhi-110011.

PM CARES Fund operates a web-based donation management platform (pmcares.gov.in) that accepts voluntary contributions from three donor categories: individual donors (via net banking, debit/credit cards, UPI, NEFT/RTGS, and cheque/DD), corporate and Public Sector Undertaking contributors under Corporate Social Responsibility (CSR) provisions of the Companies Act, 2013, and foreign individuals and organizations through card payments and wire transfer/SWIFT. The trust has obtained exemptions under Section 80G (100% tax deduction for donors), Section 10(23)(c) of the Income Tax Act, 1961, and the Foreign Contribution (Regulation) Act, 2010. Distributions are routed through a network of 21+ Indian collection banks including State Bank of India (primary), Axis, HDFC, ICICI, Canara, Central Bank of India, and others, with digital integrations across BHIM, PhonePe, Google Pay, Paytm, Amazon Pay, and MobiKwik UPI platforms. M/s SARC & Associates, Chartered Accountants serves as the independent auditor.

The trust does not sell products or services and does not generate commercial revenue; all funding is voluntary contributions. There is no publicly traded equity, no parent company, no subsidiaries, and no traditional venture or growth capital funding. Geographic operations are anchored in India, with donations accepted globally from foreign contributors, while excluding contributions intended for foreign citizens or non-Indian calamities. The platform's primary beneficiaries are affected populations receiving emergency relief, healthcare infrastructure support, and pharmaceutical and research funding during crisis situations.

Name

Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund

Legal name

Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund

Website

https://pmcares.gov.in

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

PM CARES Fund is a public charitable trust established in March 2020 in India, chaired by the Prime Minister, that accepts voluntary domestic and foreign donations through 21+ banks and UPI platforms to provide emergency relief, healthcare infrastructure, and research funding during public health crises and disasters.

Ownership category

akta.pro rank

Product category

Emergency Relief Charitable Fund

NAICS

Grantmaking and Giving Services (81321), Voluntary Health Organizations (813212)

akta.pro primary industry

Public Charities & Grantmaking Intermediaries (BPAGAKAE)

akta.pro secondary industries

Emergency Preparedness & Response Funding (Public Health) (HLAJALAL), Grantmaking & Philanthropic Funds (Institutional Donors) (BPADAOAB), Philanthropic & Charitable Trust Services (FSAAANAI)

Keywords

• Emergency relief fund
• Public charitable trust
• Disaster assistance donations
• Humanitarian aid collection
• Crisis philanthropy platform

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Others

Revenue model

1. Individual Donations: Voluntary contributions from individuals through various payment modes including net banking, debit/credit cards, UPI, NEFT, RTGS, and cheque/demand draft.
2. Corporate CSR Contributions: Contributions from companies and Public Sector Undertakings (PSUs) as part of Corporate Social Responsibility expenditure under the Companies Act, 2013.
3. Foreign Donations: Contributions from individuals and organizations based in foreign countries through credit/debit cards and wire transfer/SWIFT. PM CARES Fund has exemption from FCRA provisions.

Distribution channels4 records

Marketing channels4 records

Core offering

PM CARES Fund is a public charitable trust registered under the Registration Act, 1908 at New Delhi on 27 March 2020. It collects voluntary monetary contributions from individuals, corporates/PSUs (as CSR expenditure), and foreign donors through a web-based donation portal and a network of 21+ collection banks. The fund provides financial assistance, creates/upgrades healthcare and pharmaceutical infrastructure, funds relevant research, and offers relief to populations affected by public health emergencies, natural calamities, or man-made disasters.

Product overview

PM CARES Fund operates as a public charitable trust offering a web-based donation management platform. The system comprises the main donation portal for collecting domestic and foreign contributions, a receipt generation system for verifying and downloading donation receipts across 21+ collection bank partners, and an administrative trust management system. The platform supports multiple payment modalities including net banking, credit/debit cards, UPI apps, NEFT/RTGS, and wire transfers, with FCRA-compliant foreign donation handling.

Differentiator

Problem solved

Functional benefit

Products and services

• Domestic Donation Service Accepts voluntary monetary contributions from Indian residents, companies, and PSUs for the PM CARES Fund. Donations qualify for 100% tax deduction under Section 80G of the Income Tax Act, 1961 and count as CSR expenditure under the Companies Act, 2013. Receipts are downloadable through the portal using transaction details and OTP verification.
• Foreign Donation Service (Credit/Debit Cards) Accepts foreign contributions from individuals and organisations based abroad via credit and debit cards. Enabled through the fund's FCRA exemption, allowing overseas donors to contribute to emergency relief efforts.
• Foreign Donation Service (Wire Transfer/SWIFT) Enables foreign donors to contribute through international wire transfers routed to a dedicated State Bank of India foreign currency account (A/c No. 39239654818, SWIFT: SBININBB104). Designed for high-value and institutional foreign contributions.
• Donation Receipt Generation System Digital receipt retrieval service allowing donors to download official donation receipts across multiple donation channels and 21+ collection bank partners via OTP verification. Receipts are downloadable instantly or within 7 days depending on transaction mode, including Paytm Order ID-based receipt generation.

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration23 records

Partnerships

23 partnerships are on record, tiered core.

• State Bank of IndiacoreChannel Partner/ Reseller/ DistributorPrimary collection bank for PM CARES Fund domestic donations. Account Number: 39238765008, IFSC: SBIN0000691. Also handles foreign currency donations via SWIFT (A/c No. 39239654818, SWIFT: SBININBB104). Nodal Officer: Priya Siroha, AGM.
• Axis BankcoreChannel Partner/ Reseller/ DistributorCollection bank for PM CARES Fund donations. Savings Bank A/c No. 920010023235458, IFSC: UTIB0000007. Nodal Officer: Shailesh Choudhary, VP.
• HDFC BankcoreChannel Partner/ Reseller/ DistributorCollection bank for PM CARES Fund donations. Savings Bank A/c No. 59194700000000, IFSC: HDFC0000011. Nodal Officer: Shailesh Shah.
• ICICI BankcoreChannel Partner/ Reseller/ DistributorCollection bank for PM CARES Fund donations. Savings Bank A/c No. 663701PMCARE, IFSC: ICIC0006637. Nodal Officer: Chandrashekhar Kumar.
• Canara BankcoreChannel Partner/ Reseller/ DistributorCollection bank for PM CARES Fund donations. Savings Bank A/c No. 90552010174360, IFSC: SYNB0009055. Nodal Officer: Sudha, AGM.
• Central Bank of IndiacoreChannel Partner/ Reseller/ DistributorCollection bank for PM CARES Fund donations. Savings Bank A/c No. 3809123014, IFSC: CBIN0280318. Nodal Officer: Kishor Pahuja, Manager (IT).
• Bandhan BankcoreChannel Partner/ Reseller/ DistributorCollection bank for PM CARES Fund donations. Savings Bank A/c No. 50200013387466, IFSC: BDBL0001638. Nodal Officer: Saibal Gon.
• Bank of MaharashtracoreChannel Partner/ Reseller/ DistributorCollection bank for PM CARES Fund donations. Savings Bank A/c No. 60355358964, IFSC: MAHB0001160. Nodal Officer: Sujit Kumar Singh.
• Equitas Small Finance BankcoreChannel Partner/ Reseller/ DistributorCollection bank for PM CARES Fund donations. Savings Bank A/c No. 100000001111, IFSC: ESFB0020002. Nodal Officers: Arun Radha Krishnan, Sunny Rampal.
• Federal BankcoreChannel Partner/ Reseller/ DistributorCollection bank for PM CARES Fund donations. Savings Bank A/c No. 11050100237074, IFSC: FDRL0001105. Nodal Officer: Siddharth Kumar Singh.
• IDBI BankcoreChannel Partner/ Reseller/ DistributorCollection bank for PM CARES Fund donations. Savings Bank A/c No. 0011104000631945, IFSC: IBKL0000011. Nodal Officers: Ashutosh Sharma, Prerna Kaw, Praveen Bagri.
• IDFC First BankcoreChannel Partner/ Reseller/ DistributorCollection bank for PM CARES Fund donations. Savings Bank A/c No. 10053939205, IFSC: IDFB0020101. Nodal Officer: Abhishek Jain.
• Indian Overseas BankcoreChannel Partner/ Reseller/ DistributorCollection bank for PM CARES Fund donations. Savings Bank A/c No. 076201003042020, IFSC: IOBA0000762. Nodal Officers: Jay Pratap Singh, Priyanka Pandey.
• IndusInd Bank Ltd.coreChannel Partner/ Reseller/ DistributorCollection bank for PM CARES Fund donations. Savings Bank A/c No. 100116111482, IFSC: INDB0000168. Nodal Officer: Pankaj Sohal, Regional Head.
• Indian BankcoreChannel Partner/ Reseller/ DistributorCollection bank for PM CARES Fund donations. Savings Bank A/c No. 6873294550, IFSC: IDIB000N022. Nodal Officer: Ravi Raj, AGM/BM.
• Jana Small Finance BankcoreChannel Partner/ Reseller/ DistributorCollection bank for PM CARES Fund donations. Savings Bank A/c No. 4512012244668800, IFSC: JSFB0004512. Nodal Officers: Vishwanath S, Raza Ali Khan.
• Kotak Mahindra BankcoreChannel Partner/ Reseller/ DistributorCollection bank for PM CARES Fund donations. Savings Bank A/c No. 2020111111, IFSC: KKBK0000175. Nodal Officer: Mahesh Angvalkar.
• RBL BankcoreChannel Partner/ Reseller/ DistributorCollection bank for PM CARES Fund donations. Savings Bank A/c No. 309009760718, IFSC: RATN0000100. Nodal Team: CSA Team.
• Standard CharteredcoreChannel Partner/ Reseller/ DistributorCollection bank for PM CARES Fund donations. Savings Bank A/c No. 52212189944, IFSC: SCBL0036020.
• Union Bank of IndiacoreChannel Partner/ Reseller/ DistributorCollection bank for PM CARES Fund donations. Savings Bank A/c No. 628102010004608, IFSC: UBIN0562815. Nodal Officer: Atul Raman.
• Yes Bank Ltd.coreChannel Partner/ Reseller/ DistributorCollection bank for PM CARES Fund donations. Savings Bank A/c No. 000394600001910, IFSC: YESB0000003. Nodal Officers: Pankaj Gupta (SVP), Anuj Malhotra (Team Leader), Puneet Mathur (Zonal Head).
• PaytmcoreChannel Partner/ Reseller/ DistributorDigital wallet partner for PM CARES Fund donations via Paytm platform. Receipts downloadable using Paytm Order ID.
• SARC & Associates, Chartered AccountantscoreOthersIndependent auditor appointed by Trustees during 2nd meeting on 23.04.2020 for 3 years. Located in New Delhi.

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Emerging players

• GiveIndia: India's largest online donation platform aggregating 200+ NGOs and providing 80G-certified giving infrastructure. Competes for the same individual and corporate donor wallet for emergency relief causes, though operates as a marketplace rather than direct grantmaker.

Others

• Reliance Foundation: Corporate foundation of Reliance Industries with active disaster relief, healthcare, and rural transformation programs. Comparable on CSR-driven disaster response mandate and ability to deploy capital rapidly during crises like COVID-19.
• Azim Premji Foundation: One of India's largest private philanthropic foundations with programs in education, healthcare, and emergency response. Comparable on CSR-driven giving scale and programmatic depth, but mission-aligned rather than structurally similar.

Direct peers

• Chief Minister's Relief Fund (various Indian states): State-level equivalents (e.g., CMRF Andhra Pradesh, Maharashtra CMRF) that operate with parallel structure — Chief Minister as Chairman, voluntary donations accepted, tax exemption under 80G, deployed for emergency relief. Directly comparable model at sub-national level with similar governance profile.
• Prime Minister's National Relief Fund (PMNRF): India's longest-running PM-headed public charitable trust for providing immediate relief to families of those affected by natural calamities and other distress situations. Structurally the closest analogue — PM-headed trust accepting voluntary donations with 100% tax exemption — but historically smaller in scale and scope.
• Indian Red Cross Society: India's largest humanitarian organization operating across disaster response, emergency medical relief, and blood services. Comparable in mission (emergency relief, healthcare infrastructure) and donor base, but operates as a member-supported NGO rather than a PM-headed trust.

Broad incumbents

• National Disaster Response Fund (NDRF): Government of India fund constituted under Section 46 of the Disaster Management Act, 2005 to meet the expenses for emergency response, relief, and rehabilitation during disasters. Closest state-backed comparator for emergency-relief mandate, though funded primarily by budgetary support rather than voluntary donations.
• Tata Trusts: India's largest philanthropic conglomerate (~$30B+ assets) with significant disaster relief, healthcare, and rural development programs. Comparable on Indian philanthropic scale and CSR/donor overlap, but operates as a private family foundation rather than a public trust.
• Bill & Melinda Gates Foundation: Global benchmark for large-scale philanthropic trust with major India footprint in health, sanitation, and emergency response. Comparable in scale of healthcare and pandemic-response funding, though structurally a private family foundation with FCRA-regulated foreign trust status.

Regional players

• UNICEF India: United Nations agency operating in India focused on child welfare, healthcare, and emergency response. Comparable mission overlap (healthcare infrastructure, emergency relief) and donor solicitation model, though operates with UN institutional backing rather than PM-level domestic political association.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/info-cares

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund