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Latest Money & Banking, Financial News Today - news | The HinduBusinessLine

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Karnataka Bank enables digital EPF payments
By BL Mangaluru Bureau · 2026-06-03 · via Latest Money & Banking, Financial News Today - news | The HinduBusinessLine
file photo

file photo | Photo Credit: Manjunath H S

Karnataka Bank announced its successful integration with the Employees’ Provident Fund Organization (EPFO), enabling seamless and fully digital payment of provident fund contributions for EPFO members and establishments on June 1.

A media statement said that customers can now make EPF payments on EPFO portal by selecting Karnataka Bank’s internet banking facility at the EPFO payment page in a secure, efficient, and user-friendly manner, ensuring faster processing, real-time validation, and instant transaction confirmation.

Quoting Raghavendra S Bhat, Managing Director and CEO of the bank, the statement said, “The integration of Karnataka Bank’s internet banking platform with the EPFO payment portal marks another significant step in our digital transformation journey. This initiative will enable employers and establishments to make EPF payments seamlessly, securely, and efficiently. At Karnataka Bank, we remain committed to leveraging technology to enhance customer convenience and deliver superior digital banking experiences.”

Published on June 3, 2026