NACH

NACH (National Automated Clearing House) is a centralized electronic payment system implemented by the National Payments Corporation of India (NPCI), designed to facilitate high-volume, recurring transactions such as salary payments, utility bills, EMIs, subsidies, pensions, and more.

NACH Services at Tripura State Co-operative Bank Ltd.:
Tripura State Co-operative Bank Ltd. provides seamless and secure NACH services for both Debit and Credit transactions, offering convenience to individuals, businesses, and government departments.

Benefits of NACH with Tripura State Co-operative Bank Ltd.:

• Convenience: Automate recurring payments and collections without manual intervention.
• Security: Robust and secure processing infrastructure through NPCI.
• Speed: Faster settlement cycles with assured timelines.
• Transparency: Real-time tracking and status updates.

Popular Use Cases:

• Loan EMI collections
• Utility bill payments
• Insurance premium collections
• Government subsidy disbursements
• Salary and pension credits

How to Register for NACH Mandate:

• Visit your nearest branch of Tripura State Co-operative Bank Ltd.
• Fill and submit the NACH Mandate form.
• Submit supporting documents (e.g., canceled cheque, KYC, etc.).
• Bank will process and validate your mandate for recurring transactions.