National Automated Clearing House (NACH) from now on, the services of National Automated Clearing House (NACH) will be made available to the customers of the bank seven days and in the week, whereas this service was earlier from Monday to Friday but is now available on seven days of the week and also on weekends. These services will be done.
Now the customers of the bank do not have to wait for any working days for payment like their salary, pension, and EMI. Because from August 1, RBI is going to issue new guidelines for its regarding. Now customers will not have to wait for any day to credit salary and pension because now the services of National Automated Clearing House (NACH) are available seven days a week for customers.
RBI new guidelines issued from 1st August 2021 know all about it. No longer you have to wait for credit salary, pension and EMI or other exclusive services
Now the customers are availing these services in current from Monday to Friday only. But from now on all the customers of the bank can avail the facility of NACH anytime in a day? For these services, the people will not have to wait from Monday to Friday. In the month of June, when RBI Governor Shaktikanta Das was reviewing credit policy, he declared that from now in order to further intensify the facility of customers to avail the advantage of 24X7 days in real-time gross settlements. Now NACH should be started seven days a week from now which will start from 1st August 2021. Now customers of banks can pay pension, salary, EMI, or even on the weekends. NACH is the mass payment system run by the national payment corporation of India (NPCI). Which allows customers to various types of credit transfer such as dividend, interest, salary, and pension? Also excepting, the electricity bills, gas, telephone, water, loan, EMI, mutual fund investment, and insurance premium can also be paid through it. In other words, the customers of banks will no longer have to wait from Monday to Friday to avail them of this facility. Because it will be made available seven days a week and it is an interesting thing that transactions can be done even in weekends. RBI said that NACH has emerged as a prominent digital mode of direct benefit transfer of government subsidies during the prevailing covid-19 pandemic. Presently NACH service was available from Monday to Friday but now it can be availed 7 days a week24X7 Hour. RBI is going to start this mode on August 1, 2021.
