NACH (National Automated Clearing House)

byPaytm Editorial TeamLast Updated: November 14, 2025

Definition

NACH stands for National Automated Clearing House. It is an electronic payment system developed by the National Payments Corporation of India (NPCI) for bulk transactions like salary, pension, or EMI payments.

Use

NACH makes recurring payments automatic, fast, and paperless.

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.

You May Also Like

QR Code PaymentsLast Updated: August 19, 2025

Meaning QR Code Payments refer to digital transactions made by scanning a Quick Response (QR) code with a…

Call OptionLast Updated: December 12, 2025

Meaning & Definition A call option is a financial contract that gives the buyer the right, but not…

UPI App RegistrationLast Updated: October 21, 2025

Definition UPI App Registration is the process of setting up a new UPI account in a mobile application.…

UPI Transaction AuditLast Updated: November 14, 2025

Definition UPI Transaction Audit is a process of checking and reviewing UPI payment records to ensure accuracy, security,…

E-Shram CardNovember 1, 2025

Meaning Purpose and Definition The E-Shram Card is a government initiative aimed at creating a national database of…

UPI Dynamic QR PaymentLast Updated: October 21, 2025

Definition UPI Dynamic QR Payment uses QR codes that generate a unique code for each transaction. Advantage Dynamic…