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National Automated Clearing House News

National Automated Clearing House

25 Jul 2021

RBI Update: Salary, pension, EMI payment rules to change from August 1

The Reserve Bank of India has come up with new guidelines and further changed the rules of the National Automated Clearing House (NACH). The new NACH rules showed that the payments such as salary and pensions can be transferred on weekends which is not possible now as it is only available when the banks are open. Recently, RBI Governor Shaktikanta Das had announced several key financial, economic measures amid the pandemic.

Reserve Bank of India

23 Jul 2021

New rules for salary, pension, EMI payment applicable from August 1

NACH available on all days of the week. NACH is a bulk payment system. It is operated by the NPCI.

Reserve Bank of India

04 Jun 2021

Big news for salaried class and pensioners, know about RBI’s announcement

NACH available on all days of the week. NACH is a bulk payment system. It is operated by the NPCI.

National Payments Corporation of India

08 Mar 2017

NPCI says rectified technical glitch that delayed EMIs

National Payments Corporation of India (NPCI) on Thursday said it has rectified the technical glitch that delayed deduction of equated monthly instalments (EMIs) of some bank customers in the past few days.

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