
The Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) was created on 28 March 2020 following the COVID19 pandemic in India.
This fund has been set up to deal with any kind of emergency or distress situation like the COVID-19 pandemic.
Standard Chartered Bank has opened a savings account in the name of Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund for collection of contributions/donations in name of PM CARES Fund.
Terms & Conditions:
Making any contribution/donation of funds towards the ‘Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund’ (“PM CARES Fund”) by the customer(s) is on a voluntary basis.
Standard Chartered Bank is only authorised to collect contributions/donations in name of PM CARES Fund.
The disbursement and utilisation of the amount donated by the customer(s)/donors will be the responsibility of and be in accordance with the terms of the PM CARES Fund. Standard Chartered Bank is in no way responsible for the same.
The amount once donated by the donors to the PM CARES Fund shall not be refunded by Standard Chartered Bank under any circumstances.
The PM CARES Fund is subject to applicable Indian laws and such other terms and details available on their website https://www.pmindia.gov.in/en/about-pm-cares-fund/ .
All disputes are subject to the jurisdiction of the competent courts/tribunals of Mumbai.