The Employees’ State Insurance Corporation (ESIC), vide Circular No. F. 23/13/Confirmation Payment/2017/A/Cs.II, has issued instructions regarding the verification of ESI funds collected through the State Bank of India (SBI) and the certification of non-retention of ESIC monies. The circular aims to strengthen financial accountability, ensure accurate reconciliation of contributions, and facilitate effective monitoring of funds collected on behalf of ESIC. It outlines procedures for verifying remittances, confirming the timely transfer of collected amounts, and obtaining certification that ESIC funds are not being retained beyond the prescribed period. The initiative is intended to enhance transparency, improve financial controls, and ensure the integrity of contribution management processes. Employers, financial administrators, ESIC officials, and other stakeholders should review the circular carefully to understand the applicable verification and certification requirements.