PNB launches online facility for payment of property tax

Posted By: Religare
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PNB launches online facility for payment of property tax
Punjab National Bank has launched an online facility for collection of property tax for Mohali in Punjab, enabling people to pay their taxes online, said PTI.

For the convenience of residents of Mohali, PNB and Municipal Corporation Mohali, have joined hands together to launch online collection of property tax by using Finacle software, an official of PNB told media.

Commenting on the development, D K Sharma, DGM, Punjab National Bank, said, total business of PNB in Punjab as on date is Rs 70,000 crore, out of which deposits are to the tune of Rs 40,000 crore and rest are advances including the food credit planning.

According to the media report, the system will automatically calculate property tax payable on simply entering property details.

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