How to Generate EOBI Payment Voucher?

How to Generate EOBI Payment Voucher?

EOBI has closed its manual payment mechanism and shifted all payment processes to online. Having the new ear demand EOBI now only accepts online voucher payments through Bank Alfalah. To generate an EOBI payment voucher, you can follow these steps:

 

Go to the EOBI Facilitation System: http://eobi.gov.pk/eobifs/ndx-web.htm website. Create a user profile if you don't have one already. You will need to provide your CNIC number, employer registration number, and contact information. Once you have created your profile, you will be able to log in. On the main page, click on the "Generate Payment Voucher" tab.

EOBI REGISTRATION PROCESS

1. Enter the following information:
2. Employer registration number
3. The month and year for which you are generating the voucher
4. Total amount of contribution
5. List of employees with their CNIC numbers and contribution amounts
6. Click on the "Generate Voucher" button.
7. A pop-up window will appear with the voucher number and prefix code.

You can use this voucher number and prefix code to make the payment through your bank's Internet banking or at any authorized bank branch.

 

 

Some Additional Things to Keep in Mind:

1. You can generate a voucher for multiple months at the same time.
2. The maximum amount that you can pay in a single voucher is 100,000 rupees.
3. You need to make the payment within 15 days of generating the voucher.

 

 HOW TO GET EOBI CARD?

 

How do I Get an EOBI Voucher Online?

To get an EOBI voucher online, you can follow these steps:

1. Go to the EOBI Facilitation System website: http://eobi.gov.pk/eobifs/ndx-web.htm.
2. Create a user profile if you don't have one already. You will need to provide your CNIC number, employer registration number, and contact information.
3. Once you have created your profile, you will be able to log in.
4. On the main page, click on the "Generate Payment Voucher" tab.

Enter the following information:

1. Employer registration number
2. The month and year for which you are generating the voucher
3. Total amount of contribution
4. List of employees with their CNIC numbers and contribution amounts
5. Click on the "Generate Voucher" button.
6. A pop-up window will appear with the voucher number and prefix code.
7. You can download the voucher by clicking on the "Download Voucher" button.
8. You can also print the voucher by clicking on the "Print Voucher" button.

 

The voucher will be valid for 15 days from the date of generation. You can make the payment through your bank's Internet banking or at any authorized bank branch within this period.

 

 

Additional Things to Keep in Mind:

1. You can generate a voucher for multiple months at the same time.
2. The maximum amount that you can pay in a single voucher is 100,000 rupees.
3. You need to make the payment within 15 days of generating the voucher.

 

 

IP Contribution in EOBI:

The contribution rate for IPs in EOBI is 6% of the lower of basic salary/wages or Rs. 32,000. The maximum contribution is Rs. 1920 per insured person per month.

 

 

 

The following are the steps on how to calculate the IP contribution in EOBI:

Find the lower of the basic salary/wages or Rs. 32,000.

Multiply the amount by 6%.

The maximum contribution is Rs. 1920 per insured person per month.

For example, if the basic salary of an IP is Rs. 32,000, then the IP contribution will be 6% of Rs. 1920.

 

 

If the basic salary of an IP is Rs. 32,000, then the IP contribution will be 6% of Rs. 1920. The IP contribution is payable by the employer on behalf of the IP. The employer must deposit the contribution to the EOBI within 15 days of the end of the month in which the contribution is due.

 

 

If the employer fails to deposit the contribution on time, they will be liable to pay a penalty. The penalty is 1% of the amount of the contribution per day of delay, up to a maximum of 12%.

 

 

The IP contribution is used to provide a number of benefits to IPs, including:

Old-age pension

Survivor pension

Invalidity pension

Medical benefits

Maternity benefits

Funeral benefits

The IP contribution is an important part of the social security system in Pakistan. It helps to ensure that IPs have a secure retirement and that they are protected in the event of disability or death.

WHAT ARE EOBI DEATH BENEFITS? 

 

Statutory Increase in EOBI:

The statutory increase in EOBI is a provision in the Employees' Old-Age Benefits Act, 1976 that allows the government to increase the contribution rates payable by employers and employees. The increase is calculated as a percentage of the minimum wage prescribed by the government.

 

The last statutory increase in EOBI was made in 2018. The contribution rates were increased by 2% for both employers and employees. The new contribution rates are as follows:

 

Employer: 5% of the minimum wages

Employee: 1% of the minimum wages

 

 

The statutory increase in EOBI is intended to ensure that the fund has sufficient resources to meet its obligations to beneficiaries. The fund is currently facing a financial crisis due to a number of factors, including the rising cost of living and the declining number of contributors.