South Indian Bank is authorised by DGBA, RBI & Ministry of Finance for collection of Direct Taxes on behalf of Central Board of Direct Taxes (CBDT).Now Customers can make the Direct Tax Payments Online through Net Banking - SIBerNet and at the Bank Counters of all the SIB branches.
Direct Tax Payment Guide
Step 1. Challan Generation
- Visit the https://eportal.incometax.gov.in/iec/foservices/#/login
- Login with credentials
- Select E-Pay Tax from the e-File Menu
- Select New Payment
- Select the Tax Payment category, eg.Income Tax,TDS etc. and click on Proceed
- Select the Assessment year and Type of Payment(Minor Head) and click on Continue
- Enter the amount and Continue
Step 2. Mode of Payment
a) For Net Banking (Retail & Corporate)
- Tax Payer needs to select South Indian Bank from ‘Other Bank’ under the ‘Payment mode’ Net Banking and click Continue.
- Verify the details entered and click on Pay Now
- Agree to terms and Conditions and Click on Submit to Bank
- Challan Details is displayed , Click on Continue to SIBerNet to proceed
To Pay as a Retail Customer
- Login to SIBerNet using credentials
- Select Debit Account Number for Tax Payment and click on Continue
- Enter the Transaction Password to complete the Tax payment
- On successful payment, Tax Payer is redirected to e-filing portal
To Pay as a Corporate Customer
- Login to SIBerNet using the credentials of Maker user
- Select the appropriate Checker user and enter the Transaction Password for submitting to the approver(Checker)
- On submission, Maker is redirected to e-filing portal with status as 'Awaiting bank confirmation against the CRN'
- Login to SIBerNet using the credentials of Checker user.
- Select Approval Queue from Fund Transfer Menu
- Select the Tax Payment Transaction and Enter the Transaction Password to approve the tax payment
b) For Over the Counter across SIB Branches.
- Tax Payer needs to select the ‘Pay at Bank Counter’ then choose the Mode –Cash/Cheque/Demand Draft, select the South Indian Bank and click Continue.
- Preview the Challan Details and click Continue
- Tax Payer needs to Download the Challan and can visit any of the South Indian Bank Branches along with the Challan Copy to complete the payment with the mode of payment selected(Cash/Cheque/DD)
Step 3. Download the Challan