Shri Ram Janmabhoomi Teerth Kshetra is a trust set up for the construction and management of Ram Mandir in Ayodhya by the Government of India in February 2020. The trust is composed of 15 trustees. In this article we will tell you about the financial details of Ram Mandir Trust.
Currently, the Ram Mandir Trust has bank accounts with the three PSU banks — Bank of Baroda, State Bank of India and Punjab National Bank. According to the information shared by Trust earlier, it has total bank deposits worth around Rs 3,000 crore till the end of March 2023. The Trust has spent more than Rs 1,000 crore for the construction of the Temple.
Bank of Baroda (BoB) has the largest deposits of the Trust. It is heading the State Level Bankers Committee (SLBC) for the Ayodhya district. SLBC is an apex inter-institutional forum formed to develop banking in every state.
BoB has 35 branches in Ayodhya district one of which is close to the temple premises. The Trust also has several other bank deposits with other PSU banks including Bank of Maharashtra.
The Ram Mandir consecration at Ayodhya on January 22 is in its final stages and the countdown has begun for one of the largest events of the decade. Amidst this, domestic banks are trying hard to pitch for the various accounts of the Ram temple.
“Many banks including ours have approached the Ram Mandir Trust for their bank accounts as we understand that they will be opening a few more accounts given the donations and payments for various events at the temple, etc, will be part of it,” said a senior officer working with a private bank.
Digital Payments
The trust has also created a page on the website https://srjbtkshetra.org/donation-options/ to contribute donations, and issue passes. Various payment methods including QR Scan Code are available to make payments online on the website. People can also download the receipt instantly.
It’s also registered under the Foreign Contribution Regulation Act, (FCRA) which allows temples to accept donations from outside India.
Paytm has partnered with Ayodhya Nagar Nigam to facilitate mobile payments using QR codes, soundbox, and card machines during the inauguration of the Ram Mandir. The collaboration aims to provide convenient digital payment solutions for the expected influx of devotees. With Prime Minister Modi and over 10,000 dignitaries attending the ceremony, Ayodhya anticipates a surge in visitors, leading to increased business and financial transactions. Banks and financial institutions are expected to open branches in response to the heightened economic activity.
