Mumbai, 1st September 2025: IDFC FIRST Bank is
pleased to announce the facility to pay GST for both its
customers as well as non-customers. The integration provides the following
features:
- Open
to both customers and non-customers. - Customers
can pay GST through UPI, Credit Cards, and Debit cards and internet
Banking. - Customers
can also pay through nationwide branch network (via DD/Cheque/Cash). - Easy
access to downloadable challans.
This enhances the convenience and accessibility for
all taxpayers across the country through a wide range of digital channels.
Mr. Ashish Singh, Head – Retail Liabilities at IDFC
FIRST Bank, said “As a universal bank, our
goal is to provide complete services to our customers. Customers and
Non-customers of IDFC FIRST Bank can now make GST payment through UPI, Credit
and Debit Cards. So, tax payments are now seamless, accessible, and inclusive.
This enhancement is a part of our broader effort to deliver world-class digital
banking solutions and empower all taxpayers with frictionless payment
experience.”
IDFC FIRST Bank is among Private Sector Banks
authorised for GST collections, reaffirming its commitment to offering
universal banking solutions and comprehensive financial services to the wider
ecosystem.
Steps to Pay GST through IDFC FIRST Bank: (https://www.idfcfirstbank.com/business-banking/tax-payment)
1. Log in to the GST portal: https://services.gst.gov.in/services/login
2. Create a Challan and select E-Payment ->
Net Banking/ Credit/ Debit Card/ BHIM UPI
3. Choose IDFC FIRST Bank as the payment option and
complete payment
4. Download/ print the GST paid challan
For more information, please visit www.idfcfirstbank.com
About the Bank
- Vision: To build a world-class Bank in India, founded with principles
of Ethical, Digital, and Social Good Banking. - Scale: IDFC FIRST Bank is one of India’s fast-growing private
banks, building its UI, UX, and tech stack like a fintech. As of June 30,
2025, the Bank serves 35 million customers, with a customer business of
₹5,10,032 crores ($59.5b) comprising deposits of ₹2,56,799 crores ($29.9b)
and loans & advances of ₹2,53,233 crores ($29.4b). Customer deposits
grew 25.5% YoY and loans 21.0% YoY. We reach over 60,000 cities, towns,
and villages, operate through 1,016 branches. - Scope: We are a universal Bank offering complete range of
services, including Retail, MSME, Rural, Startups, Corporate Banking, Cash
Management, Credit Cards, Wealth Management, Deposits, Government Banking,
Working Capital, Trade Finance, and Treasury solutions. - Ethical
Banking: We are committed to doing
right even when customers are not watching. We have simplified
descriptions, calculations, and legal jargon to avoid confusing customers. - Digital
Banking: The Bank’s modern technology
stack delivers high-quality services across all channels like mobile,
branch, internet banking, call centres and relationship managers. Built
on cloud-native, API-led, microservices architecture,
supported with data, analytics, AI, and fine
aesthetics, we strive to deliver fintech-grade experiences on banking
platform. - Social
Good: We work for society. We have financed
over 38 million loans including 15 million women entrepreneurs, 16 million
loans (laptops, washing machines, refrigerators etc. that enhance the
quality of life of middle class), 6.5 million vehicle loans, 1 million
sanitation loans, 1 million livelihood loans, and 300,000 SMEs. On
deposits, we provide access of premium investment research, which is
usually reserved for the wealthy, even to those holding balances as low as
₹5,000. Our ESG scores are high and improving. - Customer
Friendly Banking: We make banking easy by
having a customer first approach. We have waived fees on 36 essential
savings account services which are commonly charged in the market, the
first and only bank in India to do so. We create “pull” products that
customers actively seek out. - Governance: We adhere to regulatory guidelines in letter and
spirit and actively work with regulators to make things better. We
take pride in maintaining highest levels of corporate governance. - Shareholders: We are building a well-diversified universal banking
portfolio designed to deliver consistent ROE of 16%+. - Employees: IDFC FIRST Bank is designed to be a happy place to work, with
cutting-edge roles, meaningful growth opportunities, and a culture of
meritocracy. Compensation is healthy, efforts are recognized, and
employees experience the pride and excitement of creating a world-class
Bank in India.
