Registration
ESIC REGISTRATION
EMPLOYEES' STATE INSURANCE CORPORATION (ESIC)
WHAT IS ESIC?
ESIC is a
self-financed social security and health insurance scheme for Indian workers.
Governed by the Employees' State Insurance Act, 1948, it provides medical,
disability, maternity, and unemployment benefits to employees earning ₹21,000
or less per month.
CRITERIA
- Applicable to establishments
with 10 or more employees (the threshold may vary across states).
- Employees earning a gross
salary of ₹21,000 or less are eligible.
- Both the employer and employee
contribute to the scheme. The employer contributes 3.25% of the employee's
gross salary, while the employee contributes 0.75%.
PROCESS OF REGISTRATION
1.
Employer
Registration: The employer registers the establishment under the ESIC portal
and receives a 17-digit employer code.
2.
Employee
Registration: Employees eligible for ESIC must be enrolled by the employer, and
an ESIC number is generated.
3.
Monthly
Contributions: Both employer and employee contribute to ESIC on a monthly
basis.
4.
Availing
Benefits: Employees can avail of medical and other benefits through their ESIC
card, which allows access to hospitals and dispensaries under the ESIC network.
BENEFITS
- Medical Benefits: Comprehensive
medical care for employees and their families.
- Sickness Benefits: Cash
compensation of 70% of wages during periods of certified sickness.
- Maternity Benefits: Female
employees can avail of maternity leave with full wages for a period of up
to 26 weeks.
- Disability Benefits:
Compensation in case of temporary or permanent disablement due to
employment injury.
- Dependent Benefits: In case of
death due to employment injury, dependents receive monthly payments.
Both PF and ESIC are essential schemes aimed at providing
financial and medical security to employees, ensuring their well-being during
employment and post-retirement.
📄 Document
Title: ESIC DOCUMENT LIST
📜 Document Instructions:
Format: 🖼️ Image (JPG)
📄 Document
Title: COMPANY PROFILE PF ESIC REGISTRATION
📜 Document Instructions:
Format: 📄 PDF
Service Related FAQ
WHAT IS FULL FORM ESIC REGISTRATION?
State Insurance Corporation (ESIC).
State Insurance Corporation (ESIC).
ESIC (Employees' State Insurance) is a self-financing health insurance scheme for employees in India, providing medical care and financial assistance in cases of sickness, maternity, disability, and death due to employment injury. The scheme is administered by the Employees' State Insurance Corporation (ESIC) under the Ministry of Labour and Employment, Government of India.
WHO NEEDS TO REGISTER FOR ESIC?
ESIC registration is mandatory for: • Establishments with 10 or more employees (in some states, the threshold is 20 employees). • Employees earning up to ₹21,000 per month (basic wage + dearness allowance). • Both private sector and public sector establishments (factories, shops, restaurants, etc.) must register for ESIC if they meet the criteria.
WHAT IS THE CONTRIBUTION RATE FOR ESIC?
• The contribution for ESIC is as follows: • Employee Contribution: 0.75% of the employee’s gross monthly salary (basic + dearness allowance). • Employer Contribution: 3.25% of the employee’s gross monthly salary. • Total Contribution: 4% of the employee’s monthly salary. • For employees earning above ₹21,000 per month, they are not required to contribute to ESIC.
WHAT IS THE PENALTY FOR NOT REGISTERING FOR ESIC?
If an employer fails to register with ESIC and does not make the required contributions: • The employer may be penalized. • Penalties may include fines, and in some cases, legal action may be taken for non-compliance. • The employer may be required to pay overdue contributions with interest.
HOW DO I CONTRIBUTE TO ESIC?
ESIC contributions can be made: • Online: Through the ESIC online portal, employers can remit monthly contributions for all their employees. • Monthly Payment: Payments must be made by the 15th of every month for the previous month's contribution. • ESIC Challan: Employers need to generate the ESIC challan and make payment through designated banks or online platforms.
AN I UPDATE EMPLOYEE DETAILS IN THE ESIC SYSTEM?
Yes, employers can update employee details (such as salary, designation, or family details) through the ESIC portal. The system allows employers to correct or modify details for any registered employee.
HOW CAN I WITHDRAW ESIC BENEFITS?
Employees can withdraw ESIC benefits, such as sickness or maternity benefits, by submitting the relevant forms on the ESIC portal or through the nearest ESIC dispensary. Withdrawal procedures vary depending on the type of benefit.
CAN AN EMPLOYEE OPT OUT OF ESIC?
Yes, employees can transfer their EPF balance when they change jobs by linking their previous EPF account to the new UAN (Universal Account Number). The transfer process can be done online through the EPFO portal or by submitting a transfer request form to the EPFO.
HOW MANY TIME TO REGISTERED ESIC?
In summary, if everything is smooth and there are no complications with the documents, you can expect the ESIC registration to be completed in about 7 to 15 days. However, the timeline can vary depending on the specific circumstances or delays in the verification process.
