New rules for salary, pension, EMI payment applicable from today. Details here1 min read 31 Jul 2021, 11:57 AM IST
According to the changes made to NACH, bank customers will not have to wait for a working day for their salary or pensions to be credited into their account
From today (1 August), bank customers will no longer have to wait for a working day for their salary or pension to be credited or to do important transactions like EMI payments. This is because the Reserve Bank of India (RBI) has changed the rules of the National Automated Clearing House (NACH). Customers will now be able to avail of NACH services all seven days of the week from tomorrow (1 August 2021). Currently, the NACH facilities are only available to customers on weekdays i.e. Monday to Friday.
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