All contributions are received in favour of People's
Development Centre, addressed at People's Development
Centre, 109, (G.F.), Sector 45-A, Chandigarh-160047 (U.T.)
India by cash/bank draft or A/c payee cheque payable at SBI,
Sector 34-A, Chandigarh, Saving Fund A/c No.: 31718172454,
IFS Code: SBIN0008701. The corpus fund collected this way, is
invested in fixed deposits or mutual funds. The interest accrued
from fixed deposits/mutual funds is disbursed among the
deserving ones. The amount of stipend dispatched to the
needy is calculated based on the following formula depending
on prevailing bank rates, say
Amount of contribution
Donation (One Time)
Rs. 10,000/-
Rs. 20,000/-
Rs. 30,000/-
Rs. 40,000/-
Rs. 50,000/-
Rs. 1,00,000/-Approx. amount of interest
accrued per year
Rs.700/-
Rs. 1,400/-
Rs. 2,100/-
Rs. 2,800/-
Rs. 3,500/-
Rs. 7,000/-
Contributions less than Rs. 5000/- are also acceptable by PDC for general donation pool.
“Who is there to take up my duties?" asked the setting sun. "I shall do what I can, my Master," said the earthen lamp.”
- Rabindranath Tagore