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| Home >> Investor Zone > Other Information > Electronic Clearing Service (ECS) |
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| Electronic Clearing Service (ECS) |
The Shareholders of holding shares in physical form may avail the ECS facility for remittance of dividend directly into their Bank Accounts.
The facility of remittance of dividend through the ECS Scheme of the Reserve Bank of India (RBI) is now available at the following 13 cities :
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| Ahmedabad |
Calcutta |
Hyderabad |
Mumbai |
Thiruvananthapuran |
| Bangalore |
Chandigarh |
Jaipur |
Nagpur |
Bhubaneswar |
| Chennai |
Kanpur |
New Delhi |
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| The salient features of the ECS facility are : |
ECS Form |
- This facility provides instant credit of dividend amount to your bank electronically at no extra cost. ECS also eliminates the delay in postal transit and fraudulent encashment of warrants.
- This Scheme is optional.
- Under this facility, the amount of dividend payable to you would be directly credited to your bank account. Your bank branch will credit and indicate the credit entry as 'ECS Panacea Biotec Ltd.' transaction in your passbook / statement of transaction.
* This facility is available for remittance of dividend warrants for amounts upto Rs. 5,00,000.
If you are interested in availing this option, you are requested to return to us the following form ECS Form duly completed together with a zerox copy of your Bank's cheque. You may use the same form for notifying any change in the particulars of your Bank Account. Kindly ensure that any such change should be notified at least one month before remittance of dividend through ECS.
After remittance of dividend through ECS, we shall send you an intimation furnishing details of payment made through ECS for your information and record.
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