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E.S.I. Corporation has authorised the designated branches of State Bank of India and some other scheduled banks to receive payments on behalf of the Corporation. The total amount of contribution (employee's share and employer's share) is to be deposited with the
authorized bank branches in cash or by cheque or by demand draft through a challan in the prescribed Form in quadruplicate on or before 21st of the month following the calendar month in which the wages fall due.
If the last day for deposit is a holiday, the contribution may be deposited on the day following the last day of deposit.
The Challan Form can be indented free of cost from the Local offices of the Corporation. The Challan Form should be written legibly, furnishing all the details as per the columns provided therein. The rubber stamp showing the name and Code No. of he employer should be affixed on the challan at appropriate place to avoid misplacement of credit.
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