Banking News

Assam: Bandhan Bank secures mandate to collect revenue on e-GRAS portal

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Bandhan Bank has announced that it has secured mandate to collect revenue on e-GRAS portal from Assam government. This will enable people of Assam to make their tax payments as well as non-tax payments through the Government Receipt Accounting System Portal (GRAS). This will make transactions easier, paperless and accessible for people of Assam.

Bandhan Bank is present in all 35 districts of Assam with nearly 500 banking outlets. Consumers can pay for house tax, vehicle registration tax, local body tax, water bill, examination fees conducted by Assam government, trade license renewal, amongst others, using this portal. Through Assam e-GRAS portal, a citizen can pay to 70 various departments for range of services offered by them. The total collection through Assam eGRAS portal for FY 2022-23 was nearly Rs 16,000 crore.

Debraj Saha, Head – Government Business, Bandhan Bank said, “Assam is one of the top five markets for Bandhan Bank. Securing a mandate by Government of Assam is a demonstration of the conviction and confidence shown by various state governments and regulators, on the bank. Through this mandate, bank gets yet another opportunity to serve the people of Assam.”

Government Receipt Accounting System (GRAS) is a web application, which provides facility to the citizens, business community to pay taxes and non-tax receipts to the government electronically. Assam eGRAS provides 24 X 7 facility and the citizens of Assam can generate e-challan for required services and make online payments anytime from anywhere.

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