National Automated Clearing House (NACH)
GPTKB entity
Statements (23)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
electronic payment system
|
| gptkbp:country |
gptkb:India
|
| gptkbp:features |
faster settlement
centralized system mandate management standardized process |
| gptkbp:firstReleased |
2012
|
| https://www.w3.org/2000/01/rdf-schema#label |
National Automated Clearing House (NACH)
|
| gptkbp:launched |
gptkb:National_Payments_Corporation_of_India
|
| gptkbp:operatedBy |
gptkb:National_Payments_Corporation_of_India
|
| gptkbp:purpose |
facilitate interbank, high volume, electronic transactions
|
| gptkbp:regulates |
gptkb:Reserve_Bank_of_India
|
| gptkbp:replacedBy |
gptkb:Electronic_Clearing_Service_(ECS)
|
| gptkbp:type |
ACH (Automated Clearing House)
|
| gptkbp:usedFor |
bulk payments
utility bill payments salary payments subsidy distribution dividend payments pension payments loan EMIs |
| gptkbp:bfsParent |
gptkb:NPCI
|
| gptkbp:bfsLayer |
7
|