Quick Summary
The GSTN has added banks for acceptance of GST payments and among them Bandhan Bank Limited and IDFC First Bank Limited. By this addition, the cumulative of the banks which are connected to the GST portal now stands at 29; this makes it easier for taxpayers all over the country.
Here is the complete list of banks accepting GST payments
- Axis Bank
- Canara Bank
- Federal Bank
- Indian Bank
- Karur Vysya Bank
- South Indian Bank Limited
- Bandhan Bank Limited
- Central Bank of India
- HDFC Bank
- Indian Overseas Bank
- Kotak Mahindra Bank Limited
- State Bank of India
- Bank of Baroda
- City Union Bank
- ICICI Bank Limited
- IndusInd Bank Limited
- Punjab and Sind Bank
- UCO Bank
- Bank of India
- DCB Bank Limited
- IDBI Bank
- Jammu and Kashmir Bank Limited
- Punjab National Bank
- Union Bank of India
- Bank of Maharashtra
- Dhanlaxmi Bank Limited
- IDFC First Bank Limited
- Karnataka Bank Limited
- RBL Bank Limited
This expansion is expected to further streamline GST payments and provide businesses and taxpayers with more options to complete their transactions smoothly. The continuous addition of new banks reflects the GSTN's efforts to enhance accessibility and ease of compliance in the tax payment process.
FAQ :
A total of 29 banks are now connected to the GST portal for accepting GST payments.
Bandhan Bank Limited and IDFC First Bank Limited have recently been added to the list of banks accepting GST payments.
The expansion makes it easier for taxpayers all over the country to complete their GST transactions smoothly and enhances ease of compliance.
Yes, the addition of more banks is expected to further streamline GST payments and provide taxpayers with more options.
Yes, the article provides a comprehensive list of the 29 banks that accept GST payments.
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