South Indian Bank is LIVE on Non-Tax Receipt Portal - Bharatkosh

South Indian Bank proudly announces its successful integration with the Non-Tax Receipt Portal (NTRP), also known as Bharatkosh. It is the first Kerala-based bank and the ninth bank nationwide to be live on this prestigious Government of India platform through the Payment Gateway route.

The Non-Tax Receipt Portal (NTRP) is an initiative of the Office of Controller General of Accounts, Ministry of Finance and serves as a unified online platform for citizens to deposit fees, fines and other non-tax payments to 66+ Central Government Departments. Connecting all the Civil Ministries and Departments of the Government of India, the NTRP facilitates 24x7 online services for customers, streamlining government collections and allowing users to make easy and secure payments.

Through this integration, one can now make hassle-free, seamless online payments towards various non-tax government services via South Indian Bank's Payment Gateway, thereby contributing to the government's vision of a digitally empowered India.

Ms. Biji S S, Senior General Manager & Head-Branch Banking, South Indian Bank, said, "We at South Indian Bank, are honoured and grateful to serve the Government of India in its efforts to enhance digital payment infrastructure nationwide through the Non-Tax Receipt Portal. The portal being a singular, one-stop live platform, allows our customers to make hassle-free payments to the government.

Being the first Kerala-based bank to be live on NTRP is humbling and it shows that our commitment towards driving innovations and digital solutions for the benefit of our customers and stakeholders is appreciated. With this successful collaboration, we look forward to further opportunities where we can partner with the government and institutions for novel initiatives that would benefit our customers and stakeholders."

South Indian Bank sees this integration not only as a technological milestone but also as a strategic step to reach new customers and strengthen existing relationships. The Bank is committed to actively promoting this facility among its client base and leveraging the partnership to broaden its services and offerings across sectors.

Shares of The South Indian Bank Limited was last trading in BSE at Rs. 30.76 as compared to the previous close of Rs. 30.44. The total number of shares traded during the day was 4924240 in over 11097 trades.

The stock hit an intraday high of Rs. 31.16 and intraday low of 30.50. The net turnover during the day was Rs. 151448190.00.

Source : Equity Bulls

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