Bandhan Bank goes live with online collection of Direct Taxes

Bandhan Bank has launched a new facility for the online collection of direct taxes, available to both customers and non-customers across India. The service, integrated with the TIN 2.0 platform of Income Tax, marks a significant step in the bank’s digital expansion. As an RBI-appointed agency bank, Bandhan Bank also provides offline tax payment options through its 1,700+ branches nationwide.

Customers can now pay their direct taxes using Retail Internet Banking, Corporate Internet Banking, and a payment gateway that accepts debit cards, credit cards, and internet banking. Additionally, offline payments can be made at any branch using cash, cheques, or demand drafts. This service is designed to facilitate hassle-free tax payments for users across the country. Debraj Saha, Head of the Government Business Group at Bandhan Bank, commented, “We take immense pride in commencing operations as an Agency Bank for the Central Board of Direct Taxes. This is yet another addition to our Bank’s product suite comprising solutions powered by cutting-edge digital capabilities. As the digital ecosystem is proliferating across the country to bring forward hassle-free superior convenience, we as a Bank are aligned with the Government’s initiative of the e-Governance plan.”

Present in 35 out of 36 states and union territories, Bandhan Bank serves over 3.35 crore customers through its network of more than 6,300 banking outlets.In the heart of Agartala, the local market is abuzz with activity. Vendors offer a wide range of goods, from fresh produce to artisanal crafts, playing a crucial role in the city’s economy. The introduction of Bandhan Bank’s new tax service is expected to streamline financial transactions for local businesses, contributing to a more efficient and prosperous market environment.

By Business Bureau