Government Business

Enabling Public Sector with Personalized Banking Services

South Indian Bank provides a diversified range of finance services specifically customized to address the requirements of government organizations, public sector undertakings and other government-specified entities. With sound banking services, proper fund management, and safe e-services, we enable government bodies to manage their finances effectively with ease.

Various Collection Arrangement Systems

Virtual Account Number (VAN)

Collection through ‘Any Bank Branch’ with transaction identification facility using Virtual Account Number

Payment Gateway Facility

Provides a single integration platform in the website of the Merchant, to accept various payment options like Debit Cards, Credit Cards, Internet Banking facility, Wallets & UPI.

SIB Fee Book

Event based fund management/collection portal, which can be customized by the institution without approaching the Bank.

Server-to-Server Banking (S2S Banking)

Collection through SIB Branches with instant data updation in the server of the organization

Point of Sale (POS)

Enables the merchants to accept payments through payment cards (credit cards, debit cards etc.).

UPI POS

Customers can pay the bills by scanning the Static/ Dynamic QR code using any of the UPI mobile Apps.

National Automated Clearing House (NACH)

Centralized clearing service in which transactions that are repetitive and periodic in nature can be collected centralized irrespective of any amount or Bank

Bharat Bill Payment System (BBPS)

Integrated, accessible and interoperable bill payment services to consumers through digital channels with instant confirmation of payment

Various Fund Transfer Systems

Corporate Net Banking

Facilitates Corporate Customers to carry out banking activities online anywhere and anytime, aided with the power and convenience of the internet

Direct Benefit Transfer (DBT)

Through ‘Bulk NEFT’/’SIB ONUS’ initiated at branch level.

Hi-Hi Banking (Host to Host Banking)

Corporate Users can enjoy various modes of fund transfer systems to their customers or clients.

Public Financial Management System (PFMS)

Central Plan Scheme monitoring system, of the department of expenditure, Ministry of Finance, Govt. of India.

Types of services Offers

Direct Tax - CBDT

Convenient payment facility for direct taxes to the Central Board of Direct Taxes.

ICEGATE- Customs Duty (CBIC)

Customs Duty (CBIC): Convenient payment of customs duty via Indian Customs Electronic Gateway.  

Treasury Payments

Secure and efficient treasury processing of government transactions.

Goods & Service Tax (GST) Payments

Easy GST payment facility for individuals and businesses.

Authorized Agency Business Branches

List of branches authorized for carrying out government-related financial transactions.

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