Payment Through Bank Account

Dear Employer,

As per the direction of Government of India, the following advisory is issued for your necessary compliance from EPFO Departments  : 

"For financial inclusion of worker, all Establishment are advised to make timely payment of wages through bank account. Pre-paid cards of suitable denomination can also be issue for making part payment."

Also 

Please find the above circular issued dated 25 November 2016 from Ministry of Labour and Employment, New Delhi regarding “launching a campaign to open bank accounts in respect of those workers of organized and unorganized sector who do not have their own bank account till date".

To explain further it can say that, we all seen one of the big changes in Indian currency, thus with that things in mind our Government of India given directives for a campaign which has been launched at various places to open bank accounts of those employees who do not have their own bank account till date.

Further, Government Of India has also directed all the employers to ensure payment/disbursement of wages / salary to all their employees including contract workers only through Bank Account.