The agreement was signed in the presence of Shri Rajkumar, DG, ESIC and Shri Sunil Wadhera, DGM, SBI. The new system will benefit all ESIC stakeholders. The agreement was signed in the presence of Rajkumar, Director General, ESIC and Sunil Wadhera, Deputy Director General, SBI. In accordance with an agreement signed between the two parties, SBI will provide electronic payment services directly to the bank accounts of all ESIC beneficiaries and beneficiaries, without manual intervention, as an integrated and automated process via its electronic payment technology platform for the cash management product. The integration of electronic payment would allow legal services to be provided to ESIC beneficiaries and other beneficiaries in real time, reducing delays and delays, while helping to avoid errors and errors caused by repeated and manual data entry. The new system will benefit all ESIC stakeholders. Press Trust of India | New Delhi Updated on 3 September 2019 18:55 IST The new system will benefit all ESIC stakeholders. . A Memorandum of Understanding was signed today between employees` State Insurance Corporation (ESIC) and SBI, according to which the SBI would provide electronic payment services directly to the bank accounts of all ESIC beneficiaries and beneficiaries without manual intervention as an integrated and automated process. . Employees` State Insurance Corporation (ESIC) has signed a Memorandum of Understanding (MoA) with the State Bank of India on the electronic direct transfer of benefits to the bank accounts of all parties involved. .

Payments are made directly to the bank accounts of all ESIC beneficiaries and beneficiaries, without manual intervention, as an integrated and automated process. Important static/recent information for RRB Main 2019: Employees` State Insurance Corporation (ESIC) and the State Bank of India (SBI) on Tuesday signed a Memorandum of Understanding on the provision of electronic payment services to ESIC beneficiaries. The SBI would enable the integration of e-payment with ESIC`s Enterprise Resource Planning (ERP) processes through its Cash Management Product (CMP) electronic payment technology platform. Download the Economic Times News app to receive daily market updates and live trade news. Business Standard has always strived to provide up-to-date information and feedback on developments that are of interest to you and that have a broader political and economic impact on the country and the world. Your encouragement and constant feedback on how to improve our offering has only strengthened our determination and commitment to these ideals. Even in these difficult times that arise from Covid-19, we are still committed to keeping you informed and keeping you informed with credible news, relevant views and concise comments on current topics. However, we have a question.

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