Updated on: Dec 18th, 2023
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7 min read
The ESI Scheme aims to provide hassle-free services to both employers and employees through its information portal and services portal. As part of this effort, all compliance and payments are covered through the internet. Employers can remit monthly contributions through portal. Presently, online payment is enabled for SBI account holders having a net banking facility.
Latest Update
E.S.I.C. contribution rates are reduced W.E.F. 1st July 2019.
Two important aspects for making online payments are:
As soon as you proceed for payment, it will direct the user to the banking site where online payment can be done through net banking. The user needs to provide net banking credentials and then will be able to pay the amount.
The following screen will be displayed after clicking on confirm button, which shows the success page.
The following steps need to be followed to generate the challan online:
The transaction can fail due to the following reasons:-
In the Challan number text box, enter the Challan number and click the submit button to continue the failed transaction.
Now the Challan number and amount will be displayed where the user needs to make payment by clicking on “make payment” to connect to the net banking of SBI. After clicking on the” make payment” message it will redirect to the SBI internet banking payment portal.
The ESI Contribution payment last date is the 15th of every month.
The ESI Scheme offers hassle-free services through its online portals for compliance and payments. Employers can remit contributions through the ESIC portal via SBI net banking. New ESIC contribution rates are effective from 1st July 2019. The process includes generating challans, online payments, and handling failed transactions.