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Banking PAYMENTS

NACH (National Automated Clearing House) – all you need to know.

Table of Contents What is NACH? Objective of NACH NACH Credit and Debit How does NACH mandate work? Benefits of NACH for SME and StartUp Benefit to customers, banks and organisations Frequently Asked Questions (FAQs) What is NACH? NACH stands for National Automated Clearing House. It is a centralised payment system for financial institutions, corporates, […]

Categories
Banking

Documents required to open a current account – an easy guide for entrepreneur.

If you are just starting as a business, the first pre-requisite is a current bank account with a reputed bank. Opening a current account for your business may seem like a tedious task involving heavy documentation. However, the requirements and process are simpler than you think. Let us understand the current account, its benefit and […]