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

Claim RatioLast Updated: December 12, 2025

Meaning Claim Ratio shows how many claims an insurance company has received compared to the total number of…

CompoundingLast Updated: December 12, 2025

Meaning & Definition Compounding is the process where investment earnings generate additional earnings over time. It allows small…

API BankingLast Updated: July 31, 2025

Meaning The full form of API is Application Programming Interface. API Banking refers to using APIs to allow…

Request MoneyLast Updated: September 16, 2025

Meaning Request Money is a feature in digital payment platforms that allows a user to send a payment…