Ram Mandir Trust Sbi Bank Account Number

The article provides information about the bank account number of the Ram Mandir Trust, which has been opened with SBI. This information is significant for those interested in making donations or contributing towards the construction of the Ram Mandir. The account number will be shared to facilitate smooth transactions and ensure transparency in financial matters related to this religious project.

Payment through a payment gateway: SBI bank account details

After a successful transaction, the donor will receive an immediate issuance of the donation receipt.

Bank Account Used by Ram Mandir Trust

The Ram Mandir Trust, which is responsible for the construction of the Ram Temple in Ayodhya, has opened bank accounts with three government-owned banks. These banks are Bank of Baroda, State Bank of India (SBI), and Punjab National Bank (PNB). The trust has chosen to have multiple bank accounts to manage its funds effectively.

Having bank accounts with these PSU (Public Sector Undertaking) banks means that the trust can securely deposit and withdraw money for various expenses related to the construction project. It also ensures transparency as all financial transactions will be recorded by these reputable banks.

State Bank of India is one of the largest public sector banks in India and provides a wide range of banking services. By having an account with SBI, the Ram Mandir Trust can access facilities such as online banking, ATM services, and other conveniences offered by SBI branches across the country.

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Payment using UPI/QR code/Cheque/ Demand Draft/ IMPS/NEFT

Step 2: There are a total of 3 bank accounts of the Mandir Trust- State bank of India (SBI), Punjab National Bank (PNB) and Bank of Baroda (BoB). Use any one of them to donate money. If you are using this method no mobile number, Email ID, PAN is needed to be entered while making the payment.

Sending money to the Ram Mandir Trust: A step-by-step guide

Additionally, if you choose to donate through cheques, make sure they are made payable only to “Shri Ram Janmabhoomi Teerth Kshetra Trust” as mentioned on their official communication channels. It is advisable not to provide your banking details or share sensitive information with anyone claiming affiliation with the trust unless you have verified their authenticity.

Ayodhya Ram Trust Website: Download Donation Receipt Procedure

If you have made donations using any other methods such as UPI, QR code, NEFT, IMPS, or cheque, then there are certain steps that you need to follow.

Step 3: A new webpage would open. Click on the ‘Donation Receipt’ button under the ‘Donate’ tab. Fill in details- PAN, Mobile number, Email ID, address, donation amount, bank account number, donation purpose, UPI reference number (if used), donation mode, bank account of the Trust to where the donation was made, etc. Once all the information is filled up, click on ‘Submit’.

Once you have submitted the required information, the officials of Ayodhya Ram Mandir Trust will proceed to verify it. The duration of this verification process may vary depending on the payment method chosen by you.

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Online Payment for Ram Mandir Ayodhya: How to Proceed?

Donations to the Shri Ram Janmbhoomi temple in Ayodhya can be made through various channels. Here are some options:

1. Website: Donations can be made through the official website of Shri Ram Janmabhoomi Teerth Kshetra Trust.

2. GooglePay: Donors can make donations directly using GooglePay without visiting the website or entering bank details.

3. Paytm: Another convenient option is to donate via Paytm, again without the need for visiting the website or providing bank details.

These platforms provide a hassle-free way for individuals to contribute towards the construction of the Ram Mandir in Ayodhya.

Donating to Ayodhya UPI: How can I do it?

List of available donation methods:

1. UPI apps (e.g., Google Pay and BharatPe)

2. NEFT

3. IMPS

4. Demand drafts

5. Cheque payments

Which bank account is suitable for a trust?

A trust checking account is a specialized bank account that is established within a trust structure. This type of account serves as a financial tool for trustees to carry out transactions and manage the assets held in the trust, in accordance with the terms outlined in the trust agreement. Trust checking accounts are subject to regulation and oversight by banking authorities, ensuring their safety and security.

One key aspect of trust checking accounts is that they provide an added layer of protection for both beneficiaries and trustees. These accounts are typically insured by the Federal Deposit Insurance Corporation (FDIC), which means that even if the bank were to face financial difficulties or fail, depositors would be eligible for insurance coverage up to certain limits. This safeguard helps instill confidence among those involved in trusts, knowing that their funds are protected.

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Trustees utilize these dedicated checking accounts to facilitate various financial activities related to managing the assets within a trust. They can use these accounts for depositing income generated by investments or properties owned by the trust, paying bills on behalf of beneficiaries, making distributions according to predetermined schedules or requests from beneficiaries, and handling any other necessary monetary transactions required under the terms of the trust agreement.

What does it mean to have a trust bank account?

A trust account, also known as an account in trust, is a financial arrangement where money is held “in trust” for the benefit of a designated beneficiary. The account is typically established by an individual called the settlor, who assumes the role of trustee and manages the funds on behalf of the beneficiary. However, it is possible for the settlor to appoint another person as trustee if they wish to delegate this responsibility.

In a trust account, the settlor places assets or funds into the account with specific instructions on how they should be managed and distributed. The trustee then has a legal obligation to act in accordance with these instructions and solely for the benefit of the beneficiary. This ensures that any transactions or investments made using funds from the trust are done so in line with its intended purpose.

Trust accounts can serve various purposes depending on individual circumstances. They may be used for estate planning purposes to ensure smooth transfer of assets upon death, or to manage funds set aside for minors or individuals who are unable to handle their own finances due to age or incapacity. Additionally, trusts can be created for charitable causes or other philanthropic endeavors.