Yes Bank Launches GST Payment Facility, Strengthens Digital Banking Offerings

Yes Bank has announced the launch of its Goods and Services Tax (GST) payment facility, enhancing its digital banking services. The newly introduced facility allows corporates and sole proprietorship businesses to fulfill their tax obligations securely and efficiently through the bank's Retail and Corporate Internet Banking platforms and its extensive branch network.

With this integration, taxpayers can now generate GST challans on the official GST portal (www.gst.gov.in) and make tax payments by selecting Yes Bank NetBanking for instant transactions. This initiative aligns with the bank’s digital-first approach, focusing on speed, security, and convenience.

Prashant Kumar, Managing Director & CEO, Yes Bank, expressed enthusiasm about the development, stating:

"At Yes Bank, customer delight is at the core of everything we do. With a digital-first approach driven by innovation, responsibility, and accountability, we strive to deliver seamless and efficient financial solutions. This mandate from the Government of India & the Reserve Bank of India, enabling direct integration with the GST portal, is a testament to our vision of providing businesses with a fast, secure, transparent, and hassle-free tax payment experience."

The launch of the GST payment facility underscores Yes Bank’s commitment to offering seamless financial solutions and reinforces its position as a key player in India’s digital banking ecosystem.

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