In line with Government of India’s vision to promote digital payments and simplify financial transactions, Kotak Mahindra Bank Limited (KMBL) announced the launch of seamless GST payments through multiple options – UPI, Credit Card, and Debit Card, in addition to the existing Net Banking option. Kotak is India’s first bank that enables tax payers to seamlessly meet their GST obligations by choosing their preferred digital payment mode in the GST portal’s ‘E-payment’.
Kotak Mahindra Bank is actively supporting India’s Digital Public Infrastructure and has introduced multiple payment options for customers, including those from other banks. The bank has integrated with the Centre’s GST portal last year, offering a user-friendly platform for tax fulfilment through its Net Banking service.
This will enable efficient and reliable GST payments for customers. Raghavendra Singh, President, Public Affairs & Government Business, Kotak Mahindra Bank Limited, said, “As the first Bank in India to launch multiple GST payment options, we are delighted to pave the way for the future of digital payments through a frictionless customer experience for not only Kotak customers but for all tax payers”.
