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03:49 AM | Mon, 05 Dec 2016

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ICICI Bank Launches Property Tax Collection Service in Association with Pune Municipal Corporation

290 Days ago

- Enables tax collection of properties in Pune at its branches across India

- Anyone, including non-customers of ICICI Bank, can avail this service


ICICI Bank has launched a service to facilitate collection of property tax for the Pune Municipal Corporation (PMC). This service enables anyone, including non-customers of ICICI Bank, to pay tax for property in Pune from any branch of ICICI Bank across the country. On submission of the property tax at the bank's branch, tax payers will get a receipt of the payment. This will be directly updated on the server of the Property Tax Department of PMC subject to realisation of the payment.


The payment can be made by cash, cheque, demand draft or through a pay order. The tax payers do not have to pay any additional charges for availing this service.


Mr. Ravi Narayanan, Retail Business Head, West, ICICI Bank said, "We are delighted to be associated with Pune Municipal Corporation to extend our banking solutions to owners of properties in Pune. This service will enable customers as well as non-customers of the Bank to conveniently pay tax for their property in Pune from anywhere in the country through our wide network of over 4,100 branches. This service is in line with our endeavour to offer products and services to ensure a smoother banking experience to the users.”


Tax payers can check their outstanding property tax by logging on to http://propertytax.punecorporation.org/Prop_DuesDetails.aspx


ICICI Bank has 4156 branches and 13,372 ATMs in the country (as on December 31, 2015). It has 50 branches and over 620 ATMs across the twin cities of Pune and Pimpri Chinchwad.


In addition to branches and ATMs, the bank’s a multi-channel delivery network include call center, internet banking www.icicibank.com, mobile banking, banking on Facebook & Twitter as well as ‘Pockets’, its digital bank on mobile, Pockets.


For news and updates, visit www.icicibank.com and follow us on Twitter at www.twitter.com/ICICIBank


Except for the historical information contained herein, statements in this release, which contain words or phrases such as 'will', 'would', etc., and similar expressions or variations of such expressions may constitute 'forward looking statements'. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to our ability to obtain statutory and regulatory approvals and to successfully implement our strategy, future levels of non-performing loans, our growth and expansion in business, the adequacy of our allowance for credit losses, technological implementation and changes, the actual growth in demand for banking products and services, investment income, cash flow projections, our exposure to market risks as well as other risks detailed in the reports filed by us with the United States Securities and Exchange Commission. ICICI Bank undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof. All reference to interest rates, penalties and other terms and conditions for any products and services described herein are correct as of the date of the release of this document and are subject to change without notice. The information in this document reflects prevailing conditions and our views as of this date, all of which is expressed without any responsibility on our part and is subject to change. In preparing this document, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources. ICICI Bank and the "I man" logo are the trademarks and property of ICICI Bank. Any reference to the time of delivery or other service levels is only indicative and should not be construed to refer to any commitment by us. The information contained in this document is directed to and for the use of the addressee only and is for the purpose of general circulation only.


For media queries, write to us at: corporate.communications@icicibank.com                                                              


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