South Indian Bank EPF Payment Service Launched with EPFO Integration

South Indian Bank has launched the new EPF payment service. This is in collaboration with the Employees Provident Fund Organisation (EPFO). This service allows employers to make Employees Provident Fund (EPF) contributions directly through the bank’s internet banking platform SIBerNet, making statutory payments faster and more convenient. This announcement was made on March 12 2026, marking another step in the bank’s digital banking expansion.

South Indian Bank EPF Payment Service via SIBerNet

This newly launched South Indian Bank EPF payment service enables businesses to complete statutory EPF payments through the bank’s SIBerNet internet banking platform.

This integration connects the bank’s digital banking infrastructure directly with the EPFO system.

As a result of this employers can now make seamless EPF payments online without the need for separate manual processes or additional payment channels.

This system ensures that businesses can quickly transfer EPF contributions and comply with regulatory requirements.

How South Indian Bank EPF Payment Service Helps Employers

The introduction of the South Indian Bank EPF payment service significantly simplifies compliance for employers across India.

Various Businesses that maintain accounts with the bank can now manage statutory payments using a single digital platform.

Key advantages of the South Indian Bank EPF payment system include,

• Direct EPF contribution payments through internet banking
• Faster and secure transactions through the EPFO portal
• Simplified statutory compliance for employers
• Reduced paperwork and manual intervention

How the South Indian Bank EPF Payment System Works

With the completion of integration between South Indian Bank and EPFO the employers can now follow a simple process to remit EPF contributions.

Through the EPFO portal lot of businesses can choose South Indian Bank’s net banking option to complete payments. The process allows employers to transfer,

• Monthly EPF contributions
• Pending dues
• Remittance charges and other related payments

Question

Q. South Indian Bank launched EPF payment services in collaboration with which organisation?

A. RBI
B. SEBI
C. EPFO
D. NABARD