In a significant move to enhance taxpayer convenience, the Goods and Services Tax Network (GSTN) has announced the addition of DBS Bank India as a new authorized banking partner for GST payments. This expansion brings the total number of empanelled banks to 32, offering businesses and individuals a wider range of options for fulfilling their tax obligations.
Taxpayers can now utilize DBS Bank India’s services for making GST payments through both electronic (Net Banking) and Over the Counter (OTC) modes. This inclusion is aimed at providing a more seamless, secure, and hassle-free payment experience for the vast and diverse taxpayer base under the GST regime.
The integration of a major international bank like DBS underscores the government’s continuous efforts to modernize and streamline the tax infrastructure, making compliance easier and more accessible. This move is particularly beneficial for businesses and professionals who are existing customers of DBS Bank, allowing for direct payments from their accounts without needing to rely on other platforms.
The list of 32 authorized banks includes prominent public and private sector institutions such as State Bank of India, HDFC Bank, ICICI Bank, Axis Bank, and Punjab National Bank, among others. This wide network ensures that taxpayers across the country, regardless of their location or banking preference, have multiple reliable channels to make their GST payments on time.
The GSTN encourages all taxpayers to leverage these digital and physical payment facilities for a smooth and efficient compliance process. For the latest updates and a complete list of authorized banks, taxpayers can visit the official GST portal (www.gst.gov.in).
Authorized Banks for GST Payments in India
Sr. No. | Bank Name | Sr. No. | Bank Name |
1 | Axis Bank | 17 | Indian Bank |
2 | Bandhan Bank Limited | 18 | Indian Overseas Bank |
3 | Bank of Baroda | 19 | IndusInd Bank |
4 | Bank of India | 20 | Jammu and Kashmir Bank Limited |
5 | Bank of Maharashtra | 21 | Karnataka Bank |
6 | Canara Bank | 22 | Karur Vysya Bank |
7 | Central Bank of India | 23 | Kotak Mahindra Bank Limited |
8 | City Union Bank | 24 | Punjab and Sind Bank |
9 | DBS Bank | 25 | Punjab National Bank |
10 | DCB Bank Limited | 26 | RBL Bank Limited |
11 | Dhanlaxmi Bank Limited | 27 | South Indian Bank |
12 | Federal Bank | 28 | State Bank of India |
13 | HDFC Bank | 29 | TMBL Bank |
14 | ICICI Bank Limited | 30 | UCO Bank |
15 | IDBI Bank | 31 | Union Bank of India |
16 | IDFC First Bank Limited | 32 | Yes Bank |
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The List can be accessed at: https://a2ztaxcorp.net/wp-content/uploads/2025/09/GSTN-Bank-04.09.2025.pdf