e-Payment System (RTGS / NEFT)

MIDHANI FACILITATES SPEEDY PAYMENT TO ITS VENDORS

With a view to arrange Speedy receipt of Payments by Vendors for the Supplies of Material, Equipment & Services made to MIDHANI against Purchase Orders/Work Orders/Contracts placed, MIDHANI is implementing the Electronic Payment System (Real Time Gross Settlement / National Electronic Fund Transfer) from10.08.2011, instead of the present system of making payments by Cheques.  The Electronic Payment System will enable all the Vendors to receive the payments directly to the Credit of their accounts.

All Vendors, Suppliers and Contractors are requested to furnish following details to DGM(Pur.), MIDHANI:

All Payments are made through RTGS only from 10.08.2011