Salary, pension and bank EMIs rule to change from next month
RBI has changed the rules for NACH with effect from next month, which will enable the processing of payments such as salaries and pension even on weekends
Sometimes, the first day of the month falls on the weekend, because of which people have to wait till Monday, for their salary to be credited. But, from next month (1 August), people you will not have to wait for a working day to see the most awaited message, 'Salary of XXXX has been credited into your account XXX-XXXXXX-XX. The available balance is XXXX'.