Update IFSC Codes on GST Portal due to Bank Merger: GSTN

On 16th March, 2021, GSTN said that “IFSC of 8 banks are changed due to merger. Taxpayers may update their Bank Account details through non-core Amendments and update refund application, in case failed due to validation error sent by PFMS.”

Here is the list of PSU Bank Merger in 2021:

S. No. 

Acquirer Banks 

Banks Merged

1.

Punjab National Bank

Oriental Bank of Commerce and United Bank of India

2.

Indian Bank

Allahabad Bank

3.

Canara Bank

Syndicate Bank

4.

Union Bank of India

Andhra Bank and Corporation Bank

 
So, taxpayers are requested to change the IFSC codes accordingly.