Employees' State Insurance Corporation has signed an Memorandum of Agreement with which of the following bank for the e-payment services?

  • 1Kotak Mahindra Bank
  • 2Axis
  • 3HDFC
  • 4SBI
Answer:- 4

A Memorandum of Agreement has been signed between the Employees' State Insurance Corporation (ESIC) and SBI. The SBI would provide e-payment services directly to the bank accounts of all ESIC beneficiaries and payees without any manual intervention. The SBI would provide e-payment integration with the Enterprise Resource Planning (ERP) processes of ESIC.

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