North Delhi Municipal corpn inks pact with SBI for digital payment, BFSI News, ET BFSI

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North Delhi Municipal Corporation has signed a Memorandum of Understanding (MoU) with State Bank of India (SBI)to boost online digital payment collection for municipal services.

SBI e-Pay is the payment aggregator service wing of the bank, which will facilitate online payment of municipal taxes and other fees by citizens.

One can pay taxes and dues of online municipal services such as registration of birth and death, property tax and e-mutation, health trade, general trade, veterinary trade and factory licence application services, for booking parks and community halls, renewal of tehbazari, hawking and hackney carriage through SBI ePay Gateway, said a north corporation official.

Commissioner Sanjay Goel said that the SBI e-Pay is the payment aggregator service wing of the bank, which will facilitate online payment of municipal taxes/fees.

“It provides digital access and to make e-governance services available to the citizens. The initiative is a step towards the Digital India Programme and to provide municipal services to the citizens of North Delhi in a digital way,” he said.



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Union Bank of India bags pension disbursal mandate from NDMC, BFSI News, ET BFSI

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New Delhi, Union Bank of India on Tuesday said it has bagged pension disbursement mandate from North Delhi Municipal Corporation. Union Bank of India has entered into an agreement with North Delhi Municipal Corporation (NDMC) for pension disbursal of their retired employees, the lender said in a release.

A memorandum of understanding was signed at the Civic Centre, the headquarters of NDMC.

The agreement will come into effect immediately.

“Union Bank of India is committed to ensure timely, accurate and reliable disbursement of monthly pension to the pensioners of North Delhi Municipal Corporation (NDMC), along with serving the pensioners in a better manner.

“Our collaboration is a step forward in our relationship with NDMC and going to benefit Union Bank of India, NDMC and people at large,” R K Jaglan, GM, Government Business said.

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