Hi! We have received an interest and damage note from ESI as we deposited our monthly ESI contribution by cheque on the 21st, and the cheques cleared within 2-3 days. I just wanted to know whether the monthly ESI contribution should be deposited to the bank by cheque on the 21st or if the cheque should be cleared by the bank by the 21st.
From United States, New York
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Dear friend The ESI as well as the PF authorities will take the cheque clearance date only not the deposited date. Hence it is better to deposite the cheque 2 days before 21st Regards alphonse
From India, Madras
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ya. what mr alphonse said was correct. the cheque clearance date will be taken into consideration as informed by the edp of esi D.BALAVINAYAGAM
From India, Madras
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