List of Banks for Tax Payments on e-Pay Tax
The Income Tax Department has introduced the e-Pay Tax service on the Income Tax e-Filing Portal, allowing taxpayers to pay their taxes online securely and conveniently. As part of this system, 30 banks have been integrated to facilitate seamless tax payments.
This guide provides a detailed overview of the available banks, their enablement dates, and a step-by-step guide to using the e-Pay Tax service.
What is the e-Pay Tax Service?
The e-Pay Tax service is an online payment facility introduced by the Income Tax Department. It allows taxpayers to pay various types of taxes, including:
✅ Advance Tax
✅ Self-Assessment Tax
✅ Regular Assessment Tax
✅ Demand Payment
✅ Tax on Distributed Income and Distributed Profits
✅ Equalization Levy
This service is designed to simplify tax payments by providing multiple banking options and ensuring instant transaction confirmation.
List of Banks Available on the e-Pay Tax Service
- Migrated Banks (Previously Integrated Banks)
These banks were part of the earlier system and have now been migrated to the updated e-Pay Tax platform.
| S. No. | Bank Name | Enablement Date |
| 1 | Axis Bank | 01-Nov-22 |
| 2 | Bank of Baroda | 01-Feb-23 |
| 3 | Bank of India | 01-Sep-22 |
| 4 | Bank of Maharashtra | 01-Oct-22 |
| 5 | Canara Bank | 01-Oct-22 |
| 6 | Central Bank of India | 01-Nov-22 |
| 7 | HDFC Bank | 01-Apr-23 |
| 8 | ICICI Bank | 01-Nov-22 |
| 9 | IDBI Bank | 01-Jan-23 |
| 10 | Indian Bank | 01-Nov-22 |
| 11 | Indian Overseas Bank | 01-Oct-22 |
| 12 | Jammu & Kashmir Bank | 01-Jan-23 |
| 13 | Punjab National Bank | 01-Dec-22 |
| 14 | Punjab & Sind Bank | 01-Apr-23 |
| 15 | State Bank of India | 01-Apr-23 |
| 16 | UCO Bank | 01-Jan-23 |
| 17 | Union Bank of India | 01-Jan-23 |
- Newly Added Banks
To improve accessibility and offer taxpayers a wider range of banking options, the following banks were recently integrated:
| S. No. | Bank Name | Enablement Date |
| 1 | Bandhan Bank | 12-Jul-23 |
| 2 | City Union Bank | 01-Jan-23 |
| 3 | DCB Bank | 16-Jun-23 |
| 4 | Federal Bank | 01-Jul-22 |
| 5 | IndusInd Bank | 07-Jan-23 |
| 6 | Karur Vysya Bank | 01-Oct-22 |
| 7 | Kotak Mahindra Bank | 01-Jul-22 |
| 8 | Karnataka Bank | 13-Dec-23 |
| 9 | RBL Bank | 28-Apr-23 |
| 10 | South Indian Bank | 22-Mar-23 |
| 11 | Dhanlaxmi Bank | 26-Jun-24 |
| 12 | IDFC First Bank | 27-Nov-24 |
| 13 | Tamilnad Mercantile Bank Ltd | 05-Mar-25 |
Step-by-Step Guide to Making Tax Payments Using e-Pay Tax Service
To ensure a smooth tax payment experience, follow these detailed steps:
Step 1: Log in to the e-Filing Portal
- Visit the official Income Tax e-Filing Portal.
- Click on ‘Login’ and enter your credentials (PAN/Aadhaar ID or registered user ID and password).
Step 2: Access the e-Pay Tax Service
- After logging in, navigate to the ‘e-File’ tab.
- Select ‘e-Pay Tax’ from the drop-down menu.
Step 3: Generate a Challan
- Click on ‘New Payment’ to begin the process.
- Select the appropriate Tax Payment Category, such as:
- Advance Tax
- Self-Assessment Tax
- TDS/TCS Payment
- Enter your details accurately, including assessment year, payment type, and tax amount.
Step 4: Choose Your Preferred Bank
- From the available list of 30 banks, select your preferred bank.
- Choose the desired payment mode:
✅ Net Banking
✅ Debit Card
✅ UPI
✅ NEFT/RTGS
Step 5: Complete the Payment
- Follow your bank’s secure payment process.
- After a successful transaction, a Challan Reference Number (CRN) will be generated.
- Save or download the payment receipt for future reference.
Key Benefits of the e-Pay Tax Service
The integration of 30 banks provides several advantages to taxpayers:
✅ Wide Banking Network: The inclusion of popular banks like SBI, HDFC, and ICICI ensures accessibility for most taxpayers.
✅ Instant Confirmation: Successful transactions immediately generate a Challan Reference Number, ensuring proof of payment.
✅ 24/7 Accessibility: The service is available round-the-clock, allowing taxpayers to pay anytime without visiting a bank branch.
✅ Multiple Payment Modes: Options like Net Banking, UPI, and Debit Cards provide flexibility in payment methods.
✅ User-Friendly Interface: The portal’s intuitive design ensures an easy-to-navigate platform for both first-time and regular users.
Important Tips for Taxpayers
🔹 Ensure Bank Activation: Confirm your bank account is enabled for Net Banking, UPI, or Debit Card transactions before initiating payment.
🔹 Verify Details Carefully: Incorrect details may lead to payment delays or errors. Cross-check PAN, assessment year, and payment type.
🔹 Keep Records Safe: Always download and save your Challan Reference Number (CRN) for future reference or rectifications.
🔹 Plan Payments Early: Avoid last-minute rush by completing payments well before the deadline to prevent delays.
Conclusion
The enhanced e-Pay Tax service at the Income Tax e-Filing Portal offers a seamless and secure way to pay your taxes online. With 30 integrated banks, taxpayers now have increased flexibility to choose their preferred banking partner. By following the outlined steps and tips, you can ensure smooth and error-free tax payments.
For any additional guidance on tax compliance, feel free to reach out. Stay informed, stay compliant! 😊
For More Information : https://taxgyany.com/