What is ECS?
ECS meaning Electronic Clearing System. It is an mode of electronic funds transfer from one bank account to another bank account that are repetitive or periodic in nature.
Type of ECS
ECS credit: In this ECS, an institution/organisation makes a credit money to your bank account, e.g. MIS Interest, dividends, salary etc. So, a single account is debited periodically to credit multiple accounts.
ECS debit: In this ECS, you make payments to an institution/organisation as Monthly Telephone bill, EMI for your loans, mutual funds, premium of policies etc i.e. authorize the Bank to credit money to institution/organisation by debited from your account.
How to Stop ECS of BSNL Bill?
To stop ECS of BSNL Telephone or Mobile bill required send an to aotreb@gmail.com.
After some days your ECS(Electronic Clearing System) will stop.
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