National Payments Corporation of India (NPCI) has implemented “National Automated Clearing House (NACH)” for Banks, Financial Institutions, Corporates and Governments, a web-based solution to facilitate interbank, high volume, electronic transactions which are repetitive and periodic in nature. NACH System can be used for making bulk transactions towards the distribution of subsidies, dividends, interest, salary, pension, etc. and for bulk transactions towards the collection of payments pertaining to telephone, electricity, water

, loans, investments in mutual funds, insurance premiums, etc.
National Automated Clearing House (NACH) is a centralised system launched with an aim to consolidate multiple ECS systems running across the country and provides a framework for the harmonization of standards & practices and removing local barriers/inhibitors. NACH system will provide a national footprint and is expected to cover the entire core banking-enabled bank branches spread across the geography of the country, irrespective of the location of the bank branch.