Yes Bank Launches GST Payment Facility: Generate Challans, Pay Instantly via NetBanking or OTC
Yes Bank launches a seamless GST payment facility, enabling instant tax payments via NetBanking and OTC integration with the GST portal
Yes Bank, India’s sixth-largest private sector bank, has announced the launch of its seamless GST payment facility, further enhancing its digital banking capabilities. The Government of India has authorized Yes Bank for GST collection, allowing businesses to pay their Goods and Services Tax (GST) swiftly and securely. With direct integration into the GST portal (www.gst.gov.in), the...
Yes Bank, India’s sixth-largest private sector bank, has announced the launch of its seamless GST payment facility, further enhancing its digital banking capabilities. The Government of India has authorized Yes Bank for GST collection, allowing businesses to pay their Goods and Services Tax (GST) swiftly and securely.
With direct integration into the GST portal (www.gst.gov.in), the service enables both Yes Bank customers and non-customers to generate GST challans and make tax payments through the bank’s Retail and Corporate Internet Banking platforms or via over-the-counter (OTC) payments at its extensive branch network.
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Key Features of Yes Bank’s GST Payment Facility
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- Seamless Integration - Customers can generate and pay GST challans directly via Yes Bank’s NetBanking platform or at bank branches.
- Real-Time Transaction Confirmations - Payments are instantly processed, with e-challans available for download.
- Universal Access - Open to Yes Bank account holders and non-account holders, making tax payments more accessible.
- Comprehensive Digital Tax Solution - Complements the bank’s existing suite of digital tax payment services.
Yes Bank’s Commitment to Digital Tax Solutions
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Speaking about the launch, Prashant Kumar, MD & CEO of Yes Bank, stated:
"At Yes Bank, customer delight is at the core of everything we do. With a digital-first approach, we strive to deliver seamless and efficient financial solutions. This mandate from the Government of India and RBI, enabling direct integration with the GST portal, reinforces our vision of providing businesses with a fast, secure, transparent, and hassle-free tax payment experience. By simplifying statutory payments, we aim to empower enterprises—both small and large—to focus on growth while we enhance efficiency in their financial journeys."
This launch positions Yes Bank as a key player in India's digital tax payment ecosystem.
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