South Indian Bank Ltd. Head Office T.B Road, Mission Quarters, Thrissur 680 001,Kerala, India
Direct Tax - CBDT
South Indian Bank is authorised by DGBA (Directorate General of Accounts) , RBI (Reserve Bank of India) & 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.
Fast and Hassle- Free Tax payment.
Bank when and where you want. With SIBerNet, conveniently control your Tax Payments.
Our platforms are 100% secure to safeguard your information
Avoid a penalty by filing and paying your tax before the due date.
What you will need?
Any South Indian Bank customer can pay tax online through SIBerNet once the transaction facility is activated.
Cheque/DD of SIB/Other banks – No Transaction Limits. Cash Payments - Up to Rs.10, 000/- through all SIB Branches
To get answers to the frequently asked queries
Tax deducted at Source (TDS), Tax Collected at Source (TCS), Income Tax, Corporation Tax, Wealth Tax, Dividend Distribution Tax, Security Transaction Tax, Hotel Receipts Tax, Estate Duty, Interest Tax, Expenditure Tax / Other direct taxes and Gift Tax, Fringe Benefits Tax, Banking Cash Transaction Tax
Two Modes viz Over the Counter (Cash, Cheque, DD) & Internet Banking -SIBerNet
While generating a challan on TIN 2.0 portal for payment of Direct Tax, the customer needs to select the option of “Pay at Bank Counter” from the payment modes available in the portal.
For Online Payments:
Retail Customer- Rs. 5 Lakhs which can be enhanced up to Rs.50 Lakhs using Debit Card Instantly.
Corporate Customers - Rs.15 Lakh and to further enhance please visit the nearest branch.
Tax payer can remit the taxes under cash mode up to Rs.10, 000/- per challan.
If you already bank with us, it's free to pay your Direct Taxes.
No. Tax Payments can be made through South Indian Bank via new regime TIN 2.0
Login (https://eportal.incometax.gov.in/iec/foservices/#/login) e-file , E-pay tax , New Payment , Select the Appropriate Direct Tax Head Select Assessment Year and Minor Head Enter Amount Select Mode of Payment Download Challan and proceed with payment.
No. Single instrument for single challan.
No modifications/ rectifications, whatsoever, can be done in the transaction details/ challans after the payment has been successfully processed. Tax Payer may connect with Income Tax Department for such requests and follow their prescribed guidelines.
Challan will be valid for 15 days from date of generation. If the payment is not completed within 15 days, the generated challan will expire and the customer need to generate a new challan.
The customer needs to login to e-pay Tax Service at the e-Filing Portal to download challans for the Direct Tax payments, processed successfully through any mode. Login (https://eportal.incometax.gov.in/iec/foservices/#/login) Select e-file , E-pay tax , Select Payment History , Select Action Download.
No. Receipts are available on TIN portal only.
Bank will not be able to undertake any refund or reverse the funds once the payment for Direct Tax transaction is successfully processed. Tax Payer may connect with Income Tax Department for such requests and follow their prescribed guidelines.
No, the system will not accept the decimal value in amount.
For Corporate Internet Banking, CIN will be only available after verification by the checker in SIBerNet.
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