What is NACH credit in my account?

NACH Credit (National Automated Clearing House) is an electronic bulk payment service launched by the National Payments Corporation of India. It means funds were directly deposited into your bank account by a government body, corporation, or institution.

examples of NACH Credits include

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:Salary or Pension

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: Regular payrolls or retirement funds.Dividends & Interest

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: Payouts from stocks or mutual funds.Government Subsidies

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: Direct benefit transfers (DBT) or welfare schemes