HDFC Bank starts income tax payment service through ATMs

Private sector lender HDFC Bank onWednesday launched a service whereby its 115 lakh debit card holders can payincome tax through the bank's ATMs.

"With this facility, the bank hasgiven its vast customer base the freedom from waiting in long queues atcounters or logging into the internet to pay their taxes," the bank saidin a statement.

Now file I-T returns from your mobile

The service was flagged off by ControllerGeneral of Accounts C R Sundaramurti at the bank's Deer Park branch in the national capital.

The service can now be accessed by thebank's 115 lakh debit card holders at 5,998 HDFC Bank ATMs in 1,111 citiesacross the country. For availing the service, customers will have to registerthemselves and the ATM payment option will be activated immediately, it said.

For the quarter ended June 30, the bank'stotal income was Rs 7,098 crore as against Rs 5,411.0 crore in the year-agoperiod. Net revenues Rs 3,968 crore in the first quarter of the financial year,against Rs 3,392 crore in April-June 2010.