Bandhan Bank enhances tax payment convenience with new GST collection service

Bandhan Bank has launched a new service enabling customers and non-customers to pay Goods and Services Tax (GST) seamlessly through its digital and branch channels. This initiative aims to simplify GST payments by allowing transactions via Retail Internet Banking, Corporate Internet Banking, and in-branch payments using cash, cheque, or demand draft.

With a presence in 35 states and Union Territories and a network of over 6,300 branches serving more than 3.44 crore customers, Bandhan Bank is set to make GST compliance more accessible. Rajinder Babbar, Executive Director & Chief Business Officer, highlighted, “The introduction of GST collection services marks a significant step in integrating government services into our banking platform, aligning with our commitment to customer-centric solutions and technological advancement.”

In Agartala, this new facility is anticipated to streamline GST payments for local businesses and taxpayers, facilitating smoother financial transactions and compliance. Bandhan Bank’s expansion into GST collection underscores its dedication to enhancing financial services and supporting business efficiency across India.

By Business Bureau