- The EPFO integration enables businesses to make seamless Provident Fund payments through Bandhan Bank’s digital banking platforms.
- Customers can benefit from real-time transaction confirmations and instant challan downloads.
Bhubaneswar : Bandhan Bank today announced the launch of the Provident Fund (PF) payment service through its integration with the Employees’ Provident Fund Organisation (EPFO), enabling its business customers to make PF payments seamlessly through the Bank’s digital banking channels. The initiative aims to simplify statutory payment processes while enhancing operational efficiency, convenience and compliance for businesses.
Through this integration, establishments can initiate Provident Fund payments via the EPFO portal and complete transactions through Bandhan Bank’s Internet Banking platforms. The service offers a seamless payment experience with real-time transaction confirmations and instant challan downloads, enabling faster processing and improved operational efficiency.
Designed to support the evolving needs of businesses, the new service helps organisations streamline statutory payments, optimise cash flows and ensure timely compliance with EPFO requirements. By combining robust digital capabilities with essential business banking services, Bandhan Bank aims to make routine financial operations simpler, faster and more secure for its customers.
Commenting on the launch, Mr. Rajinder Kumar Babbar, Executive Director & Chief Business Officer, Bandhan Bank, said: “At Bandhan Bank, we are focused on building solutions that make day-to-day banking more efficient for businesses. The integration with EPFO is another step towards strengthening our transaction banking ecosystem and delivering greater convenience to our customers. As promised earlier, we are helping businesses simplify compliance-related processes and focus more on their growth priorities.”
The launch further strengthens Bandhan Bank’s suite of digital transaction solutions designed to provide businesses with a secure, efficient and convenient banking experience. The Bank continues to invest in technology-driven capabilities that enhance customer experience and support the growing digital requirements of enterprises across segments.
