The Goods and Services Tax Network under the GST Council has now included City Union Bank as one of the GST paying banks.
Now, all City Union Bank customers can pay their GST dues to the government through their bank account through the GST portal. Customers will now have to select City Union Bank from the list of banks and pay the tax amount.
The addition of City Union Bank by the GST Council to the current list of banks is further proof of City Union Bank’s strong technology platform. City Union Bank is currently offering many innovative facilities to SME and corporate customers to facilitate easy and secure financial transactions, the bank said.
In this regard, the Chief Executive Officer of City Union Bank Dr. N. Kamakody said,
We use state-of-the-art technology to make our customers’ financial transactions easy and secure. As our bank is a micro, small and medium (MSME) customer-centric bank, customers will find it convenient to pay GST through City Union Bank.
City Union Bank is at the forefront of providing the latest technology and innovative services tailored to the needs of its customers. Our digital services include payment through digital signatures, QR code, video KYC and digital transaction services, UPI123 Pay, enhanced transaction limit for online transactions and voice authentication (CuralBiometric) for mobile banking.
City Union Bank Limited is India’s oldest private sector bank, established in 1904 and headquartered in Kumbakonam, Tamil Nadu. Our bank has 730 branches and 1679 ATMs across the country.
City Union Bank has always been a pioneer in providing enhanced technological services to meet the various transaction needs of customers. Digital payments are growing because they can complete transactions quickly and securely at commercial outlets. Citi Union Bank introduced Deb and Pay Ki Chain and EasyPay, FitnessWatch Debit Card for easy payments using this technology.
As part of digital innovation, City Union Bank launched UPI123 service for UPI payments through normal feature phones to cater to the rural segment as well. Citi Union Bank’s digital banking unit was recently inaugurated by Prime Minister Modi at Kammam in Telangana.