What is The Last Date of The EOBI Payment?


The EOBI payment method is now online and employers can generate online payment vouchers from the EOBI Facilitation System every month. The EOBI payment voucher shows you the main points to take action i.e. no of registered employees, monthly contribution payment, voucher generation date and contribution payment last date, arrears from last unpaid amount, and many more. 


What is The Last Date of The EOBI Payment?

 

 

In this article, we'll discuss some important points regarding the EOBI payment last date and let you know the exact payment procedures as well. So let's get started with step by step guide.

 

 

The last date of EOBI payment is the 15th of the month following the month to which the contribution relates. For example, if the contribution is for the month of September, the last date of payment is October 15th.

 

 

If the 15th of the month falls on a Saturday or Sunday, the last date of payment is the next business day. Employers who fail to pay their EOBI contributions on time may be subject to a penalty. Please note that the last date of EOBI payment may change from time to time, so it is always best to check with the EOBI website or customer service for the most up-to-date information.

 

 

 

EOBI Payment Voucher Particulars:

An EOBI payment voucher is a document that is used to pay EOBI contributions. It can be generated from the EOBI Facilitation System. The voucher contains the following information:


 

  1. Employer registration number
  2. Sub office code
  3. Voucher number
  4. Payment amount
  5. Due date



To generate an EOBI payment voucher, employers need to log in to the EOBI Facilitation System and navigate to the "Payments" tab. They can then select the "Generate Voucher" option and enter the required information.


 

Once the voucher has been generated, employers can print it out and take it to any authorized branch of the Bank Alfalah of Pakistan to make the payment. They can also make the payment online through the Internet banking services of 1LINK member banks.

 


EOBI Payment Using an Internet Banking Service:

  1. Log in to your internet banking account.
  2. Select the "Bill Pay" option.
  3. Select "EOBI" as the biller.
  4. Enter the voucher number and the payment amount.
  5. Review the payment details and click "Submit" to complete the payment.



Once the payment has been made, employers will receive a confirmation message. They should keep a copy of the confirmation message for their records.

 

 

EOBI Contribution Payment Account:

EOBI Payment Account is a bank account that is used to receive and disburse EOBI contributions and benefits. It is a mandatory requirement for all employers who are registered with EOBI.

 

 

Employers are required to deposit their EOBI contributions into their EOBI Payment Account on or before the 15th of the month following the month to which the contribution relates. Employees' contributions are deducted from their salaries by their employers and deposited into the EOBI Payment Account.

 

 

EOBI uses the EOBI Payment Account to disburse benefits to insured persons, such as old-age pension, invalidity pension, and survivor pension.

 

 

To open an EOBI Payment Account, employers need to contact their preferred bank and provide the following information:

 

  1. Employer registration number
  2. Name of the organization
  3. Address of the organization
  4. Contact details of the organization


Once the account has been opened, employers will receive an account number and debit card. They can use the account number to deposit and withdraw money from the account. They can also use debit cards to make payments to merchants and withdraw cash from ATMs.

 

 

Benefits of Having an EOBI Payment Account:

It is a convenient and secure way to pay EOBI contributions and receive benefits. It helps employers to keep track of their EOBI contributions and benefits. It eliminates the need for employers to write cheques or visit a bank to make payments. It provides employers with access to a variety of banking services, such as online banking and mobile banking. 

 

 

Frequently Ask Questions:

What is The Last Date to Pay EOBI Contributions?

The last date to pay EOBI contributions is the 15th of the month following the month to which the contribution relates. For example, if the contribution is for the month of September, the last date of payment is October 15th.

 


What Happens if I Miss The EOBI Payment Last Date? 

If you miss the EOBI payment last date, you will be subject to a penalty. The penalty is calculated at a rate of 2% per month on the outstanding amount.

 

 

How Can I Avoid Missing The EOBI Payment Last Date?

There are a few things you can do to avoid missing the EOBI payment last date: Set up a reminder in your calendar or to-do list for the 10th of each month to check if you have any EOBI contributions due.

 

Sign up for EOBI's email alerts so that you are notified when you have a payment due.

Use EOBI's online payment system to make your payments quickly and easily. 

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