Forthe convenience of its customers, tech-savvy and the oldest private banking lender City Union Bank Limited (CUB) on Tuesday announced the completion of its technical integration with the brand new e-filing portal TIN 2.0 (www.eportal.incometax.gov.in). Thus making it one of the few Private Banks to be fully integrated with the new Income Tax department portal.
- In October 2021, City Union Bank became one of the few Scheduled Private Sector Banks to get approval as a collections partner for taxes, after the announcement to permit private banks to participate in Government business.
This enables the tax payment process simple, instant and convenient for its customers. In October 2021, City Un ion Bank became one of the few Scheduled Private Sector Banks to get approval as a collections partner for ta xe s, after the announcement to permit private banks to participate in Government business. With the sol utions going live, the Bank continues to be the pioneering player offering this service among private sector banks. The above facilities fulfill the long standing requirement of our customers who can now make their Tax Payments (b oth Direct & Indirect) through its Branches/ Net Banking / Mobile Banking (CUB All in One App).
— oscar prasad (@b4umedianews) January 6, 2023
CUB has always been in the forefront of advanced technology solutions to meet various transactional needs of customers. The bank is in the process of launching additional authentication factor for its Net banking through Voice Biometric through its Fintech Partner which is currently in Beta.