National Automated Clearing House (NACH)

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Pharma Companies (Manufacturers) manufacture and sell pharmaceutical goods to a network of distributors who collect the requirements from the Pharma company, distribute them further to the Retailer (Chemist/ Pharmacy). The Distributors, post collection of the goods, pay the Pharma companies through RTGS, NEFT or through Cheque payments for the goods respectively. The Pharma companies face hindrances such as hiring teams to follow up with the distributors to ensure collections which requires man power and man hours. Also, payments done through cheque could have issues of cheque bouncing and long clearance time.

Introducing National Automated Clearing House (NACH) that facilitates interbank, high volume, electronic transactions which are repetitive and periodic in nature. Benefits: Robust system with high volume processing capability, cost effective, better liquidity management, one stop shop for push (credit) and pull (debit) transactions, corporate portability, Automated work flow, Response for all transactions for better reconciliation
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It is easy to setup up automated debits online using NACH but there is no easy system to cancel such automated debits online. Let alone I cannot see a list of all my auto-debits by NACH. Atleast SBI has this problem.

GopalKrishanAggarwal
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How I can activate this service for my company, Please assist.

rudranshnavik
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How many times a NACH can be fired in a month if the EMI is not debited in the first instance of NACH fire.

ChandraManiPandey
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My emi is 3rd every month before debit my emi installment can I pay my emi ? After payment was paid before emi date then will they debit again from my account.

kewastudio
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Sir bina batay hamare account Mai se paise cut hote ja rahe hai, aur pass book mai entry aapke NACH records recovery ki aa rhi hai, to aage paice cut na hone k lia kya kare

supriyayadav
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Why different amount between financial bank hard copy off final lone letter and nach Format

sanjeevsharma
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I have got two messages that - 295 rupees transferred from my account to: Lien marking for NACH inward. What is the meaning of that, why this is happening??? Anyone please answer

dr.rambeer
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Is cheque mandatory for availing nach facility?

priyankahalder
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Jo paise NACH through aaty h kya hum yeh acc se nikaal skty h

hayakhan
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Gr8 like to impliment to m distributor channels

darshan
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I have got a message from BOI that has been credited (NACH) in ur account, can u plz explain the meaning of this message ?

shaktimohanta
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Mujhe 5000 rupee mile nach se saving account me mere

justloffi
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I can see bjp colours everywhere 🤣🤣🤣🤣🤣

tsunami
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Njn oru housewife annu .enik sbi il annu account. Innu NACH KERALABULD CONWOWBELCO il ninnu 27260 rs.credit ayennu kanikunnu.ath entha? Njn aa amount refund cheyano? No idea .onnu explain cheyamo?🙏

positivevibes