NACH, IMPS Facility
NACH & IMPS Facility.
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(National Automated Clearing House) introduced by N.P.C.I. (National Payment Corporation of India)
From 01 Aug 2021 365 Days Working including all Holidays.
Timely payment of Bill/ Loan Installment /LIC Premium without remembering due date.
Faster Processing.
Less dependence on Cheque.
Both Debit & Credit transaction process through this system .
NACH CEDIT: It is an Electronic pay system which has been used by institution for credit to large number of beneficieries in their bank account for pay of Aadhar LPG/BPCL/HPCL Subsidy,PM-Kisan Payment, Dividend, Intrest, Salary, Pension etc.
NACH DEBIT: – It allows corporate for collection of Loan Installment, Insurance Premium, Investment in Mutual Fund, Telephone Bill, Mobile Bill ,Electric Bill, Water Bill etc.
IMPS facility available 24x7.
Importent About IMPS.
Banking Facility
Disclaimer
The payment to the claimant will be made by the branch where the account exist; after thorough checking of the records by the branch official. If the payment has already been made, the claim by the customer may be rejected.