Government Banking

IndusInd Bank is accredited Agency Bank. It facilitates various Government Ministries, departments and public sector units in conducting their banking transactions through our wide network of branches and robust IT technology. We have ample experience in successfully implementing electronic Payment and Collection Solutions for various Schemes and Programs sponsored by the Central and State Government. We offer customized solutions for payment and collection as required by our esteemed clients.

IndusInd Bank is already integrated with Central / State Government Platforms for facilitation for various Government transactions. Like PFMS , GeM etc..

IndusInd Bank with its robust IT systems and rich experience in EMD management provides highly customized collection solutions to its Clients.  Our state of the art EMD offering has helped our Clients to integrate for collection of Tender Fee, EMD and seamless refunds.

IndusInd Bank facilitates end-to-end online collection process through smooth management of EMD funds, tender fees etc. enabling the Bidders to participate in the online bidding process.  

IndusInd Bank Ltd (IBL), through its innovative and customer-centric Cash Management Services (CMS), supports departments with the collection of all government receipts and reimbursements, Payment and other Banking requirements. These customised and innovative offerings help Government Departments in speedy collections, payments, and in managing their cash flows in an organised and speedy manner. 

We have a team of experienced professionals and partners to structure the most appropriate solution with the assurance of highest security and complete confidentiality in all transactions. 

Our solutions are scalable and suited for present and future requirements.   IndusInd Bank not only provides a technology platform to automate Collections, but also enables seamless payment transactions to enable our Clients to focus on their core business.   

IndusInd Bank has built robust IT systems and has ample experience in successfully implementing electronic Payment and Collection solutions for various Schemes and Programs sponsored by the Government.  We offer bespoke solutions as per Clients’ needs.  Some of these solutions are broadly listed below:

1. IndusInd Bank is completely integrated with PFMS systems
2. The Bank also provides the Single Nodal Account facility for implementation Government schemes
3. Our PFMS Integration supports payment through Digitally Signed Certificate (DSC), Print Pay Advice (PPA) and Electronic PPA (ePPA)
4. Reverse confirmation is provided through a highly customisable MIS
5. IndusInd Bank is fully integrated with PFMS for the DBT transfers to the beneficiaries of government schemes
6. The Bank provides a PFMS MIS dashboard for viewing of account related reports and MIS

IndusInd Bank is associated with Government e-Marketplace (GeM) to provide end-to-end banking solutions to government stakeholders. An initiative under Digital India, GeM is the biggest e-marketplace for government departments’ procurement of goods & services in a transparent and efficient manner.  Central and State Governments, Local bodies and Autonomous institutions are on-boarded on GeM to facilitate their procurement through an online mode. 

IndusInd Bank is integrated with GeM for GeM Pool Account (GPA) in both Challan and Non-Challan modes.  We also offer online Bank Guarantee validation e-EMD collections/payments etc.

IndusInd Bank has played a crucial role in strengthening governance delivery across the Country, and providing cutting edge digital technology and financial solutions to the government and different departments.

IndusInd Bank has successfully implemented its Government Payment Solutions and Cash Management Services at several Governmental Organisations across various levels.  We also have strong relationships with major Corporates across India.

IndusInd Bank has been authorised by Reserve Bank of India and Government of India for collection of Direct and Indirect taxes.  The Bank is at an advanced stage of developing a robust platform for online and fully synchronous deposit of various taxes payable to the Government.