What is ECS? | Best Answer For Banking Aspirants | Mr. Jasbir Singh | IPB India

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ECS is an electronic mode of payment/receipt for transactions that are repetitive and periodic in nature. ECS is used by institutions for making bulk payments of amounts towards distribution of dividends, interest, salary, pension, etc., or for bulk collection of amounts towards electricity.

Mr. Jasbir Singh, Retd. General Manager of Oriental Bank of Commerce and Mentor in Dean Academics at Institute of Professional Banking, has put up a list of 100 questions to help you conquer your banking interviews.

To become a professional banker, watch and follow these Tips and Tricks. Best wishes!
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