Yes Bank launched its Goods and Services Tax (GST) payment facility on Friday, March 14, 2025, enhancing its digital banking services. The service is authorised by the Government of India.
How New GST Payment Facility of Yes Bank Works?
– Businesses can generate GST challans on the official GST portal (www.gst.gov.in).
– Payments can be made instantly through Yes Bank NetBanking, with real-time confirmations and
downloadable e-challans.
– Alternatively, payments can be made over the counter at any Yes Bank branch.
What is the purpose of Yes Bank GST Payment Facility?
The facility allows businesses and individuals to make GST payments easily through Yes Bank’s NetBanking platform or branch network.
Who Can Use Yes Bank GST Payment Facility?
The service is available to both Yes Bank customers and non-customers, making it accessible to a wider audience. The facility is available for corporates and sole proprietor businesses.
Features of Yes Bank GST Payment Facility.
– Users will get immediate transaction confirmations.
– Transparent and competitive fee structures.
– The platform is easy to use with an intuitive interface.
Prashant Kumar, MD & CEO of Yes Bank, said the service is part of the bank’s effort to deliver fast, secure, and transparent financial solutions, helping businesses with seamless tax payments. The initiative aligns with Yes Bank’s goal to support India’s digital ecosystem and improve business efficiency.