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J&K Bank launches e-payment facility, ATMs

J&K Bank launches e-payment facility, ATMs
PTI
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First Published: Tue, Jan 13 2009. 01 51 PM IST
Updated: Tue, Jan 13 2009. 01 51 PM IST
Jammu: Jammu and Kashmir Bank on Tuesday launched facility for e-payments of direct taxes and a new ATM at its Punjbakhtar Branch.
With this added facility, clients need not to come to banks and can discharge their tax obligations online by using bank’s financial website www.Jkbankonline.com, the bank’s executive director Ashok Mehta said.
The online tax payment facility is in addition to e-service already offered by the J&K Bank’s e-banking service that include shopping mall and bill payment facilities.
Mehta also inaugurated the second ATM at the J&K Bank, Panjbakhtar branch. With this, the total number of ATMs in the state have gone up to 235.
Speaking on the occasion, the executive director reiterated management’s resolve to provide banking facilities of international standard to its clients at their doorsteps.
In this endeavour, he said, after strenuous efforts, the RBI, Central Board of Direct Taxes (CBDT) and National Securities and Deposits Ltd (NSDL) have relaxed regulatory restriction which has enabled the bank to launch the facility for e-payments of taxes online to its clients.
Within a fortnight, 41 more ATMs would be opened in different locations across the state.
At present, 72 ATMs are already functional in Jammu and with the opening of 11 more ATMs in the next fortnight, the number would be increased to 85.
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First Published: Tue, Jan 13 2009. 01 51 PM IST
More Topics: Banking | J&K Bank | ATM | E-payment | Corporate News |