Tell me something about NACH What is the Upper limit of E NACH and P NACH

Question

Accepted Answer

NACH (National Automated Clearing House) is an electronic payment system in India. The upper limit for E NACH and P NACH varies.

NACH is a centralized system for electronic funds transfer in India.
E NACH refers to Electronic National Automated Clearing House.
P NACH refers to Paper-based National Automated Clearing House.
The upper limit for E NACH and P NACH depends on the bank and the type of transaction.
For example, the upper limit for E NACH may be set at Rs. 1 lakh for certain banks.
The upper limit for P NACH may vary based on the bank's policies and the type of transaction.

Accepted Answer

E-NACH 10 Lakh and P-NACH 99,99,999/-

Accepted Answer

E nach matlab farmer se account number se maitch karte hai taki 120 din uske account se bhugtan kiya ja sake

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