The world of online payment services comes with a wide array of benefits. Similarly, more people prefer to pay their electricity bills online these days. People across the world are switching to the digital medium to make all types of payments – from shopping on e-commerce sites to paying grocery bills. Don’t have to visit the Customer Care Centre to register for the service or to replenish the balance.īenefits of Paying Your Electricity Bill Online.Enjoy an additional 1% prompt payment incentive on paying your monthly bill within 7 days of bill generation.Earn an annualised interest of 7% on the reducing balance.Why should I opt for the Voluntary Deposit Scheme (VDS) service? The accumulated interest as on 31st March will be credited once a year to your energy account in your April month bill.from the date of deposit on the diminishing balance after adjusting monthly bills. For a deposit above ₹20, 000 you would have to provide your PAN number.Maximum deposit: ₹1 lakh (but cash payment of max ₹20,000).Amount should be in multiples of ₹500/- thereafter.Minimum deposit: ₹3000, (but not less than 6 months' average bill - this amount is displayed on the registration page).How much can I deposit under this scheme?

You are now registered for the service !!.

Make the required payment depending on the deposit you wish to make.

Select the payment mode you wish to use for applying for the VDS mode of payment - Net Banking or Credit Cards.

Key in your account number and reach the online bill payment page.

How to opt for the Voluntary Deposit Scheme (VDS) service to pay electricity bills?

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