1. The base Branches which act as collecting branches for acceptance of ESI dues for deposit by employers of factories and establishments etc. covered under the ESI scheme will accept the amount with requisite challis from them on all working days.
2. All such amounts will be tendered to the base branch (Collection branch) local cheques / drafts / cash along with a printed challis prescribed by the ESI Corporation.
3. The Challans to be used for depositing the amounts by the employers will be distinct from the challans/ receipt slips generally used by the bank. These challans will have to be printed by the bank.
4.   The depositors will tender amount for credit to the ESI Corporation along with the challans in quadruplicate. The bank shall retain 2 copies to the depositor. Out of the 2 copiesretained by the bank one will be sent to the ESI corporation Regional office through the link branch. The date of acceptance on challans and the date of realisation of cheques if any will be distinctly affixed on the challans so that these can be read easily.
5. The amount received as above shall be entered in the Day book / Statement of abase branch, in the following Proforma every day.

    7.  At the end of the day, the total of the amount accepted by the bank on behalf of the ESIC as         above be arrived at in the Day Book.The base branch shall prepare an account payee bank         draft for the total amount so collect in a  day if it is in excess of Rs. 1000.00 or exceeds Rs.         1000.00 together with the previous day/ days balance in favour of the ESI Fund Account No. 1         Regional Office ______________and forward the same along with two pen carbon copies of the         day Book /Statement and related challans on the same day and in any case not letter than         the following working day to the link branch, _____________________ branch till the         accumulation exceeds Rs. 1000.00 However, all the balances held by the collecting branch         should be remitted to the link branch,________________________ on the last working day of         the month even if it is below Rs. 1000.00.

    8. The base branch shall send every day the pen carbon Copies of the day book /statement of         the dy. Director (Fin.) ESI Corporation, ___________________for information.

    9. The base branch / link branch will also arrange for reconciliation of the bank account with the         Dy. Dir (fin.), ESI Corporation _________________as and when required.

   10. A statement of daily transactions should be sent by the link branch to the ESI Corporation,         Regional Office___________________ on day –to- day basis. The link branch may computerise         this statement either on its in –house computer or by engaging a computer agency on their         own cost. The computer statement will be prepared as per the requirement of the Corporation.

   11. The above account of the link branch shall be operated by director (Fin.) and by Dy. Director         (Fin.) of Hqrs’ Office the Corporation at New Delhi severally. Their specimen Signature will be         supplied as and when required. The deposit from the employers is to be accepted by the         authorised branches without exception on all working time and days.

   12. The total amount thus collected is to be transferred and credited to ESIC account at link         branch and if there is delay in affording credit to the ESIC,  interest is payable for the delayed         period. The interest so arrived at is to be automatically credited by the link branch,         themselves under intimation to ESI Corporation, Regional         Office,____________________________________________./

   13. The last working day of every week, the link branch shall transfer the amount so collected, in         multiples of Rs. 1000.00 leaving a balance of Rs. 1000.00 in that account for credit to ESI         Account maintained at New Delhi. Any Delay in transfer shall attract penal interest.