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RETAIL BANKING | Tony Chua, India
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HDFC Bank kicks off ATM income tax payment service

The service can be accessed by the bank’s $256,718 debit card holders at 5,998 ATM outlets in 1,111 Indian cities.

Private sector lender HDFC Bank on Wednesday launched a service whereby its 115 lakh ($256,718) debit card holders can pay income tax through the bank’s ATMs.

“With this facility, the bank has given its vast customer base the freedom from waiting in long queues at counters or logging into the internet to pay their taxes,” the bank said in a statement.

The service was flagged off by Controller General of Accounts C.R. Sundaramurti at the bank’s Deer Park branch in New Delhi.

The service can now be accessed by the bank’s 115 lakh debit card holders at 5,998 HDFC Bank ATMs in 1,111 cities across the country.

View the full story in The Hindu.

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