GSTN Expands Payment Options, Adds DBS Bank India: Total Authorized Banks for GST Payments is 32

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

 

The List can be accessed at: https://a2ztaxcorp.net/wp-content/uploads/2025/09/GSTN-Bank-04.09.2025.pdf

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