| Day | Date | Holiday |
| Friday | 1st January 2010 | New Year |
| Tuesday | 26th January 2010 | Republic Day |
| Friday | 12th February 2010 | Mahashivratri |
| Monday | 1st March 2010 | Holi (2nd Day) |
| Wednesday | 24th March 2010 | Ram Navmi |
| Friday | 2nd April 2010 | Good Friday |
| Wednesday | 14th April 2010 | Dr. Babasaheb Ambedkar Jayanti |
| Friday | 10th September 2010 | Ramzan Id |
| Friday | 5th November 2010 | Diwali Amavasya (Laxmi Puja) |
| Wednesday | 17th November 2010 | Bakri-Id |
| Friday | 17th December 2010 | Moharum |
As the name suggests, it's an electronic process through which money can be transferred from one bank account to another. According to RBI, this mode is usually used for regular payments and receipts, like distribution of dividend, interest, salary, pension etc. This mode is also used for collection of bills for telephone, electricity, water, various types of taxes, payment of EMIs , investments in mutual funds , payment of insurance premium etc. There are two types of ECS , like most other banking transactions, ECS credit and ECS debit. An ECS credit is used by a bank account holder , usually a large company or an institution for services like payment of dividend, in terest, salary, pension etc. If your mutual fund pays you dividend to your bank account, of all probability it is being paid through ECS credit.ECS debit, on the other hand, is used when a company or an institution is getting money from a large number of people. For example if you are investing in a mutual fund sc...
