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Kotak Mahindra Bank completes technical integration with brand new e-filing portal

15 Jul 2022 Evaluate

Kotak Mahindra Bank (KMBL) has completed its technical integration with the brand new e-filing portal (www.eportal.incometax.gov.in) making it one of the first Private Banks to be fully integrated with the new Income Tax department portal.

Now Kotak Mahindra Bank customers - Individuals as well as Corporates - can pay their Direct Taxes conveniently through the e-pay tax tab on the portal using Kotak Net Banking or by visiting a branch. This will make the tax payment process simple, instant and convenient for its customers.

In October 2021, Kotak Bank became the first Scheduled Private Sector Bank to receive approval as a collections partner for taxes, after the announcement to permit all banks to participate in government business. With the solution going live, the Bank continues to be the pioneering player offering this service in the private banking space.

Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.

Peers
Company Name CMP
HDFC Bank 703.80
ICICI Bank 1357.00
Axis Bank 1243.90
Kotak Mahindra Bank 440.80
Indusind Bank 876.25
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