City Union Bank has received approval from Reserve Bank of India (RBI) to collect Direct and Indirect Taxes, on behalf of the Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIC) respectively. The bank shall commence to collect such taxes after completion of integration process with CBDT and CBIC.
City Union Bank offers a suite of products across deposits, loans, investment solutions, payments and cards and the Bank also offers services, such as internet banking, mobile banking, including online funds transfer and fixed deposit operations.