The actor-turned-producer can currently be seen in the comedy I Me Aur Main.
Abraham told The Times of India: "I would like to give away most of my clothes to charity and empty my wardrobe. [My] requirement is only two pair of jeans and four t-shirts, not more than that.
"It's a great activity to do. I will probably get on to that space where I can donate that kind of money to people. We often get clothes on shoots, they just get wasted. So it's better to give [them away] to people, auction it off and make money for charity."
Abraham recently accused India's super-rich of not doing enough to help underprivileged people.
He recently said that he does not believe that any man can be "perfect".
Watch the trailer for I, Me, Aur Main below: