What is NACH? | Understanding NACH & NPCI | By Daksh Tyagi

Описание: Hey Guys, I am Daksh Tyagi

In this video, we dive deep into NACH (National Automated Clearing House) and its role in India's financial system. Learn how NACH simplifies bulk payments like salaries, pensions, subsidies, and EMI collections. We also explain how NACH, regulated by NPCI (National Payments Corporation of India), powers seamless transactions across banks.

If you're interested in understanding the backbone of automated payments and financial clearing systems in India, this video is for you! Stay tuned for more finance-related content, including detailed explanations of payment systems, banking innovations, and much more.

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0:00 Intro
0:04 Introducing: longer Shorts
0:15 What is NACH?
1:11 Why NACH ?
1:44 Type of NACH
3:20 How NACH does work?
4:20 EMI Date
4:52 Benefits of NACH
5:25 Coverage of NACH
5:55 Overview of NACH END