The XLRI- Clothes Bank was inaugurated on 5 August 2008 by Mr. Anshu Gupta – an Ashoka Fellow & Founder Director of Goonj. The Clothes Bank is managed by OIKOS JAMSHEDPUR. Students collect, sort, and process the clothes at regular intervals through “Vastra Samman”. Oikos Jamshedpur collaborates with NIT Jamshedpur in Clothes Collction drive initiative of Goonj. Also, collaboration with other institute in and around Jamshedpur are planned to celebrate the Joy of Giving week. These clothes are then distributed to the people who need them through various NGOs. To ensure that the clothes reach the intended beneficiaries, OIKOS JAMSHEDPUR has a tie-up with NGOs like SEEDS, Kalamandir & NEEV. In addition, the XLRI Clothes Bank also donated clothes to a leprosy hospital.