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ECS Scheme operated by the RBI since 1996-97, helps to make payment from a single account at a bank branch to any number of accounts maintained with the branches of the same or other banks. This is the most useful mode of payment of dividend / interest/ pension/refund etc. which are otherwise handled through "warrant" mechanism. The latter has, in the past, led to large number of frauds and malpractices, besides huge and unmanageable clearing volumes. This service is available at Ahmedabad, Bangalore, Bhubaneswar, Calcutta, Chennai, New Delhi, Guwahathi, Hyderabad, Jaipur, Kanpur, Mumbai, Nagpur, Patna, Pune and Thirunavthapuram. This utilises the backbone provided by the RBI i.e BANKNET and  INFINET.

RBI has Also launched ECS - Debit - for payment to utility companies, like Telephones, Electricity etc. Here, a mandate is obtained from the customer as a part of the arrangement to debit his/her account with the amount of bill advised by the utility company. Utility Companies send the bill details and the amount to be recovered from the consumers to the ECS Centre and these debits are passed on to the concerned branches where the consumer is maintaining his/her account and debited to his/her account.

RBI has also launched a variation of ECS-Debit known as RAPID (Receipt and Payment instruments/Documents).

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