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Electronic Clearing Service
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Benefits of payment through ECS |
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No worries about missing a payment date
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Hassle-free procedures
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Flexibility of fixing an upper limit
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No need for a separate bank account
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Discount of 0.5% or Rs. 250 on bill amount, whichever is lower
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In our continued effort to provide better services to
our esteemed consumers, we are introducing the Electronic Clearing
Service ( ECS ) for the payment of our electricity bills.
Briefly , the system will operate as follows :
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Electronic
method of payment has been introduced by the Reserve Bank of India
which provides you an option to pay your electricity bills directly
through your bank account. Your bank account would be debited through
the new payment mechanism shortly after the due date.
Payment instructions would be issued by us electronically through our
banker to the Clearing Authority and the Clearing Authority would
supply debit reports to the bank with which you maintain the specified
bank account. The branch will debit your account and indicate the
debit entry as "ECS" in your pass book / statement of
account.
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You do
not have to open any new bank account for the purpose.
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You
have the option to indicate the upper limit for your mandate.
If in any month your electricity bill amount exceeds the mandate, the
bill amount will not be debited to your bank account. In such cases, a
message will be printed on our bill and you will have to pay that bill
in the normal manner at our collection center.
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In
addition , you will have the option to stop payment of the bill up to
the "due date" mentioned on the bill.
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Consumers opting for ECS payment facility are eligible for 0.5% discount on bill payable subject to maximum of Rs. 250/- per bill, if payment made through ECS.
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Discount on ECS will be reflected in the subsequent month’s bill after successful ECS operations.
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There is no maximum amount per transaction.
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Incase tariff provides for Prompt Payment Incentive, consumers can avail 1% additional by opting for this scheme. Under this scheme, deduction of monthly bill amount by ECS will take place 7 days from the date of the bill. This discount will be reflected in the subsequent month’s bill after ECS operations.
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This
would be an additional mode of payment and would be optional. You will
continue to receive our bill in the usual manner. You would have the
right to withdraw from this mode of payment by giving an advance
notice of four weeks.
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If
agreeable to participate in this new payment mechanism, you are
requested to fill in a Mandate Form . The information to be supplied
should be accurate , complete in all respects and duly
certified by your bank.You are requested to submit the one copy of duly filled in mandate form to your bank for their record.
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The
information provided by you will be kept confidential and would be
utilized only for the purpose of effecting payments of electricity
bills.
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Mandate forms are available and accepted Customer Care Centres at respective Divisional Offices.
For any clarification or queries, contact your respective Customer Care Center or call our PowerHelp Line 1800-200-3030.
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