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Banking Insight

NACH Mandate Charges

Roshani Ballal Posted on May 07, 2025

Table of Content

NACH Charges Meaning

The NACH (National Automated Clearing House) mandate charge is the amount NPCI charges towards completing a transaction. NACH was introduced by the RBI (Reserve Bank of India) to function as a centralised interface that allowed repetitive, bulk money transfer, irrespective of geographic distances. NACH is useful for timely salary disbursal, EMIs payments, auto-debit payments, pensions, subsidies, interests, dividends etc.

What are the NACH Charges?

NPCI or the National Payments Corporation of India operates and monitors the NACH framework. NPCI charges a nominal amount from banks and financial organisations in lieu of the service. The charge depends on the transaction volume. In case of any changes to it, a circular is issued. The common charges levied by the NPCI are mentioned below. Do note that in the case of Income Tax refunds, NACH mandate charges are not applicable.

1) Processing Fee and Incentive for Credit Transactions (Direct Benefit Transfers (DBT))

Product	On- us	Off- us
Aadhaar based transactions- Credit	₹0.15	₹0.40
ACH credit	₹0.15	₹0.40

In case of Off-us transactions, the interchange of ₹0.25 will be passed on to the destination bank. The NPCI charges are ₹0.15 (off-us) and ₹0.15 (on-us). Charges are applicable irrespective of acceptance or rejection by the destination bank.

2) Processing Fee for Credit Transactions (Other than DBT)

Product	On- us	Off- us
Account-based- ACH credit	₹0.05	₹0.45

In case of Off-us transactions, the interchange of ₹0.25 will be passed on to the destination bank. The NPCI charges are ₹0.20 (off-us) and ₹0.05 (on-us). Charges are applicable irrespective of acceptance or rejection by the destination bank.

3) Processing Fee and Penalty on Debit Transactions

Product	On- us	Off- us
ACH Debit	₹0.05	₹0.70
NACH Debit	₹0.05	₹0.70

In case of Off-us transactions, the interchange of ₹0.50 will be passed on to the destination bank. The NPCI charges are ₹0.20 (off-us) and ₹0.05 (on-us). Charges are applicable irrespective of acceptance or rejection by the destination bank.

What are the Bank-wise NACH Charges?

NACH bank charges depend on the bank’s terms of service and its agreement with NPCI. You can contact your bank and know the details. Some of the top banks offering NACH services are State Bank of India (SBI), Citibank, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, etc. The amount charged by these banks is listed below:

Bank Name	Details	Amount
Axis Bank	ECS/NACH transaction fee per transaction	₹25 (max- ₹100/month)
SBI	One time Mandate Authorisation Charges per mandate	₹50 + GST
HDFC Bank	One time Mandate Authorisation Charges per mandate	₹40 ₹36 for Senior citizen
Kotak Mahindra Bank	One time Mandate Authorisation Charges per mandate	₹50
ICICI Bank	One time Mandate Authorisation Charges per mandate	₹50

Where is NACH Used?

NACH is useful for individuals, corporations, the government sector, non-banking financial organisations, and banks. It reduces the time taken in processing money and settling bills and makes the process safer. NACH is used in the following scenarios:

Mass Money Transfer: NACH mandate is a safe and traceable option for anyone who wants to make bulk transfers. The money gets processed real quick without the need for any tedious paperwork.
Salary Disbursal: It's estimated that more than 70% of transactions today are conducted online. Companies are increasingly relying on the NACH mandate to transfer the monthly salaries of their staff.
Enhanced Transparency: NACH has made money transfer and debits totally transparent and safe. Transactions occur within the NPCI firewall and you are notified about the transaction status at all times.
EMI Auto-Debit: Individuals can get their monthly EMI amount auto-deducted from their bank accounts on a certain date.
Instant Loans: Financial organisations that process loans online after quick document verification, leverage NACH services the loan amount within 1-2 working days.

NACH is quite useful when it comes to the bulk processing of transactions. It saves time, effort, paperwork and the process is also highly secure and user-friendly. With the help of the NACH mandate, it’s become easier to avail loans online. If you are looking for a low-interest personal loan, then Bajaj Markets has got some attractive loan options with flexible repayment. You can also apply for a credit card on the portal from some of the top banks in the country.

FAQs about NSDL PAN application

Nach Mandate Charges

How can I check my PAN NSDL details?

You can track your PAN NSDL details at https://tin.tin.nsdl.com/pantan/StatusTrack.html.

What are NSDL PAN application charges?

t costs 1020.00 [(Application fee 93.00 + Dispatch Charges 771.00) plus 18.00% Goods & Services Tax] to process an NSDL PAN application.

What’s an ACH Transfer?

Also known as direct deposit, ACH transfer is the way to send money from one bank account to another using the NACH network. Once the sender makes a request, the transaction is initiated and money is transferred to the other bank account. ACH stands for Automated Clearing House. Nominal NACH mandate charges are applicable in ACH transfer.

Hi! I’m Roshani Ballal

Blogger

Roshani has over 6 years of experience and has honed her skills in performance content marketing in the financial domain. She loves diving into research and has crafted and overviewed creative copies, long-form financial content, engaging blogs, and informative articles. She specialises in delivering user-oriented content and solving problems through various content formats. On the side, Roshani enjoys writing poems-that's how she stays creative when she is not crunching numbers.