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NACH News

Punjab National Bank

13 Jul 2023

Rs 295 Debited From Your PNB Savings Account? Know Why Bank Deducted Money

Owners of PNB accounts could be confused as to why the bank took the money without their knowledge. There is a solution if you have encountered a similar problem.

07 Aug 2021

RBI Rules: Follow THIS or your cheque will bounce

This new rule will benefit the cheque book users as their issued cheques will be easily cleared on a holiday. This means that the issued cheques will be cleared on a Saturday or Sunday too. It is important for customers to keep in mind that NACH will be operational all hours of the day and even on holidays.

banking transaction

01 Aug 2021

RBI’s Big Changes: New rules for salary, pension and EMI payment from August 1

Earlier, the employees had to wait till Monday or any weekday for their salary to get credited. NACH services will continue on weekends. Currently, NACH services are available only on days when banks are working.

Reserve Bank of India

30 Jul 2021

ATM charges, Salary, pension, EMI payment rules changing in the next two days

New rules from August 2021. Rules deal with your everyday lives. Rules pertain to banking, financial and other sectors.

Reserve Bank of India

27 Jul 2021

These 5 rules impacting common man will change from August

From the month of August, several new rules will be implemented across banking, financial and other sectors --check them out.

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.

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