MoneyWorks4Me

Federal Bank becomes 1st bank to list payment gateway platform on TIN 2.0 platform

04 Aug 2022 Evaluate

Federal Bank has become the first bank to list its Payment Gateway platform on the TIN 2.0 platform of the Income Tax Department. The TIN 2.0 platform went live on July 1 this year and the Payment Gateway has been enabled, providing one more payment option to taxpayers, who can now make their payments with ease, using modes such as Credit/Debit Card, UPI, NEFT/RTGS and Internet Banking. The Bank is actively using digital as a key enabler of superior experience and transaction convenience.

Federal Bank is a major Indian commercial bank in the private sector headquartered at Aluva, Kerala having more than thousand branches and ATMs spread across different States in India. It offers personal, corporate, NRI, SME banking, online banking services to its customers.

Peers
Company Name CMP
HDFC Bank 692.60
ICICI Bank 1354.00
Axis Bank 1247.00
Kotak Mahindra Bank 438.70
Indusind Bank 865.40
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