Axis Bank to manage e-payment collections of Bangalore Water Supply and Sewerage Board (BWSSB). The private sector lender had partnered with BWSSB, and the service will be available both online and offline.
The BWSSB authorities can now collect payments through the integrated payments system. Over 10 lakh customers of BWSSB can now pay seamlessly and effectively through digital platforms like Bharat Bill Payment System (BBPS), Bharat Interface for Money (BHIM) UPI/QR Code or they can deposit cash/cheque/DD at BWSSB kiosks.
DK Das, Head of the Government Business Group at Axis Bank, said that they are proud to partner with the Bangalore Water Supply and Sewerage Board (BWSSB) to provide e-governance solutions. The bank is aligned and committed to the Government’s vision of digital India. He also added that through this partnership bank has taken one more step towards building a smarter nation. A few weeks ago Axis bank acquired a 9.91% stake in CSC e-Governance Services India Ltd as a strategic investment.
The private lender provides banking services for e-Governance initiatives in five states. Axis Bank has introduced eSeva Centres to facilitate the payment of sales taxes, government utility bills, issuance of certificates, permits and licenses, bus reservations, and several other B2C services via different offline and online modes as part of e-Governance tie-ups. As part of these tie-ups, the bank has set up eSeva Centres for Govt. of Andhra Pradesh, Sampark Centres for Chandigarh Administration, Bangalore One Centres for Govt. of Karnataka, CHOICE Centres for Govt. of Chhattisgarh, and eSuvidha Centres for Govt. of Uttar Pradesh.
BWSSB was established in the year 1964 and has executed many water supply and sewage projects for the city including the prominent Cauvery Water Supply Scheme (CWSS). The current sewerage system covers a 265 km sqaure area of the city. It serves 8.5 million people each day. The average per capita consumption is 65 L/day, and the average cost of water is Rs. 28 per kilo Litres. The Bangalore Water Supply and Sewerage Board is an independent body created under the Bangalore Water Supply and Sewerage Board Act of 1964 for Water Supply & Sewage Disposal by the State legislature.
Home Articles Financial Markets & Services Axis Bank partners with Bangalore Water Supply and Sewerage Board
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