NACH

What is NACH credit in my account?

NACH Credit (National Automated Clearing House) is an electronic bulk payment service launched by the National Payments Corporation of India. It means funds were directly deposited into your bank account by a government body, corporation, or institution.

Examples of NACH Credits

Salary or Pension
Regular payrolls or retirement funds
Dividends and Interest
Payouts from stocks or mutual funds
Government subsidies and direct benefit transfers