Patna Medical College Alumni Benevolent Fund

Since the year 2005, the PMC Alumni Benevolent Fund has been a great source of support to the meritorious and deserving students of Patna Medical College who are financially constrained in perusing their studies. A corpus fund had been created in the year 2004 by donations from well-meaning alumni, the interest of which over the years has been used for awarding scholarships & book grants. The corpus continues to grow by donations from alumni.

The process starts in August/ September each year after, admission of the new batch with inviting applications from the students on the prescribed form. Based on the laid down criteria, the screening committee shortlists one third of the applicants for interview before a Selection Board, consisting of Principal, Patna Medical College, President, Alumni Association and members of the PMC Alumni Benevolent sub-committee. The scholarships / book grants are awarded on the basis of interviews conducted by the selection board each year. However there was a gap in year 2013 as the Society had to be registered to release the funds. Since then due to efforts of Alumni, the PMC Alumni Benevolent Fund has been registered under Societies Registration Act no. 21.1860 bearing no 270.13-14 and acquired PAN no. AACAP7465R. Further, The Income Tax Department has registered this society under Sec 12AA as a charitable one, and is considering our application for exemption of donations made to this fund from Income tax under section 80G of the IT Act.