National Automated Clearing House (NACH) was implemented by National Payments Corporation of India to facilitate high volume electronic transactions which are repetitive and periodic in nature. It is an automatic electronic mode of fund transfer that allows you to make payments like electricity/water/any service bills, dividend interests distribution, SIP investments, etc.
What is MyOperator with NACH?
MyOperator with NACH provides our customers with the option to make automatic monthly payments for their respective plans. To become a NACH user, you need to: Give legitimate authority to MyOperator to debit the payable amount from your account. ...
What is Credit Limit for MyOperator’s account and how is it set?
Credit limit A credit limit is the maximum credit amount any MyOperator account can go. This is a way of showing trust to our customers where their account will continue to function even after being out of balance for certain more time. If you are ...