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ICICI Bank launches tax collection service in West Bengal

February 06, 2014




 

  • Launches service to collect state government taxes through its branches and internet banking
  • Taxes can be paid by tax payers not having an account with ICICI Bank also

 

Kolkata: ICICI Bank Ltd, India's largest private sector bank, today launched a service in West Bengal to collect state government taxes at all of its branches in the state as well as through its internet banking facility.

This service will help the tax payers, irrespective of having account with ICICI Bank or not, to pay taxes to the state government at any of its branches in West Bengal.

To avail this service, the tax payers will have to log-in to the website of the Finance Department, Government of West Bengal (www.wbfin.gov.in) to generate a challan, after putting in details of tax payments. The challan along with cash/cheque/demand draft can be deposited at any ICICI Bank branch for tax payments. Tax payers can also make payments online through ICICI Bank's internet banking facility.

Anirudh Kamani, General Manager, ICICI Bank, said: "We are extremely happy to be associated with the state government in extending technology-based services to the people of West Bengal. This initiative is in line with the ICICI Bank's philosophy of 'khayaal aapka' wherein we put customer’s convenience first. We believe that this new facility, in addition to our online facility, will offer more convenience and ease to tax payers in the state. We look forward to more such opportunities for associating with the state government in the near future."

ICICI Bank has a network of 171 branches in the state as on December 31, 2013.

About ICICI Bank Ltd: ICICI Bank Limited (NYSE:IBN) is India's largest private sector bank and the second largest bank in the country, with consolidated total assets of USD 124.00 billion at March 31, 2013. ICICI Bank’s subsidiaries include India’s leading private sector insurance companies and its largest securities brokerage firm, mutual fund and private equity firm. ICICI Bank’s presence currently spans 19 countries, including India.

 

Except for the historical information contained herein, statements in this release, which contain words or phrases such as 'will', 'would', etc., and similar expressions or variations of such expressions may constitute 'forward looking statements'. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to our ability to obtain statutory and regulatory approvals and to successfully implement our strategy, future levels of non-performing loans, our growth and expansion in business, the adequacy of our allowance for credit losses, technological implementation and changes, the actual growth in demand for banking products and services, investment income, cash flow projections, our exposure to market risks as well as other risks detailed in the reports filed by us with the United States Securities and Exchange Commission. ICICI Bank undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof. All reference to interest rates, penalties and other terms and conditions for any products and services described herein are correct as of the date of the release of this document and are subject to change without notice. The information in this document reflects prevailing conditions and our views as of this date, all of which is expressed without any responsibility on our part and is subject to change. In preparing this document, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources. ICICI Bank and the "I man" logo are the trademarks and property of ICICI Bank. Any reference to the time of delivery or other service levels is only indicative and should not be construed to refer to any commitment by us. The information contained in this document is directed to and for the use of the addressee only and is for the purpose of general circulation only.

 

For Press Queries please contact:

 

Mr. Sujit Ganguli
Senior General Manager & Head - Corporate Communications and Brand Group
ICICI Bank Limited
Bandra Kurla Complex, Mumbai – 400051
E-mail: ganguli.sujit@icicibank.com



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