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Banking solutions for
Govt. & Institutional Business

Services Provided to Govt. & Institutional Business

  • Our Key Wholesale Government Sector Services Online
  • Hassle-free disbursal of pension for retired employees in central government or defence services.
  • Smooth pension payments facilitated for EPFO members.
  • Save on administrative costs with fee collection services for government departments like the Directorate General of Foreign Trade (DGFT) and the Ministry of Corporate Affairs.
  • Convenient payment options are available at branches or through NetBanking.
  • Support survivors of natural disasters such as floods, cyclones, and earthquakes by donating to the Prime Minister’s National Relief Fund (PMNRF) at our authorised branches.
  • Deposit cheques or demand drafts with a deposit slip for acknowledgement.
  • Eligible for Section 80G tax exemption certificate directly from the PMNRF office.
  • Read the FAQs on Pension Payment and Jeevan Pramaan for detailed information.

Frequently Asked Questions

Wholesale Banking Payments refer to financial transactions involving large sums primarily between businesses, financial institutions, or government entities. Such transactions revolve around services like bulk payments, trade finance and corporate lending.

A few examples of Government Sector Services provide by banks include:

  • Collecting taxes, fees and duties

  • Disbursing pensions to retirees

  • Processing payments for government departments

  • Handling donations and relief fund contributions

Banking focused on Wholesaler Services caters to the financial needs of large corporations, institutions, and government entities. They include services like corporate lending, trade finance, treasury management, foreign exchange transactions, cash management and Investment Banking. These services are tailored to meet the complex financial requirements of institutional clients rather than individual consumers.