<p>NGOs in India can open a savings account without 12A and 80G registration certificates. After NGO registration, banks require documents like the registration certificate, PAN, address proof, and board resolution—not 12A or 80G. However, while not mandatory initially, obtaining these registrations is crucial for future fundraising, donor trust, tax exemptions, and eligibility for CSR funds or NGO Darpan registration. Savings accounts suit early-stage NGOs, but for scaling operations and managing frequent donations, a current account becomes essential. Strategic planning around banking and compliance strengthens an NGO’s credibility, operational growth, and long-term impact in the social development sector.</p>

Can a Savings Account Be Opened Without Having 12A and 80G Registration Certificates?

Learn how can a savings account be opened without having 12A and 80G registration certificates, but future fundraising, compliance, and credibility must be carefully planned.

Can a Savings Account Be Opened Without Having 12A and 80G Registration Certificates?

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Satender Saini