Kolkata, February 16, 2024: In a significant development aimed at enhancing convenience and efficiency in revenue collection, Bandhan Bank has been entrusted with the authority to collect revenue on the Government Receipt Portal System (GRIPS) by the West Bengal (WB) Government. This move is set to revolutionize the way citizens of West Bengal make their tax and non-tax payments, making transactions easier, paperless, and more accessible.
With Bandhan Bank’s mandate to collect revenue through GRIPS, residents of West Bengal will now have the convenience of making various payments through the integrated platform. The bank, with its extensive presence across all districts of West Bengal boasting over 1700 banking outlets, is well-positioned to facilitate seamless transactions for the populace.
Citizens will now have the convenience of paying property tax, motor vehicle tax, professional tax, and other levies through the WB GRIPS portal. This integration with Bandhan Bank comes as part of the government’s broader initiative to digitize and streamline administrative processes, bringing government services closer to the people.
The GRIPS portal, an online platform initiated by the Government of West Bengal, aims to provide 24×7 electronic services for depositing money to the state government. With the integration of 29 various departments and directorates, the portal offers a comprehensive range of services catering to different sectors and requirements.
Speaking on this development, Debraj Saha, Head of Government Business at Bandhan Bank, expressed his enthusiasm, stating, “West Bengal is one of the top 3 markets for Bandhan Bank. Securing a mandate by the Government of WB is a demonstration of the conviction and confidence shown by various state governments and regulators on the bank. Through this mandate, the bank gets yet another opportunity to serve the people of West Bengal.”
The total collection through the WB GRIPS portal for the financial year 2022-23 amounted to nearly INR 50,000 Crore, highlighting the significant role this platform plays in revenue mobilization for the state government. By leveraging Bandhan Bank’s extensive network and expertise in financial services, the government aims to further enhance the efficiency and effectiveness of its revenue collection mechanisms.
In conclusion, the authorization of Bandhan Bank to collect tax and non-tax receipts through the GRIPS portal underscores the commitment of the West Bengal Government towards fostering digital inclusion and citizen-centric governance. This collaboration is poised to empower citizens with greater convenience and accessibility in their interactions with government services, marking a significant milestone in the state’s journey towards digital transformation.
