National Automated Clearing House (NACH)

National Payments Corporation of India (NPCI) has implemented “National Automated Clearing House (NACH)” for Banks, Financial Institutions, Corporates and Government a web based solution to facilitate interbank, high volume, electronic transactions which are repetitive and periodic in nature.

Mandate Management System (MMS)

Allows banks to accept, digitize, process and send the mandate to other banks for acknowledging and registering customer instruction to debit his account with other bank through NACH. This is an upgraded version of Electronic Clearing System (ECS).

Features
DCCB Kakinada as a Sponsor Bank - Debit other bank accounts and receive credit for accounts with us

• Mandate Creation: Creation of a new mandate in favour of the User Institution.
• Mandate Amendment: Amendment of any of the variables of an existing Mandate, which is Active.
• Mandate Cancellation: Cancellation of an active mandate.

DCCB Kakinada as a Destination Bank - Debit our bank accounts and credit for other bank accounts

• Handles all the inward Mandates received from other Financial Institutions.

Benefits

• Recurring payments will be easier
• No worry about recurring payments
• Issue mandates for longer period

Rates & Charges

Description	Charges (Excl GST)
New Mandate	50/-
Amendment	50/-
Cancellation	No Charges

Application Forms

• Mandate Registration Form - NACH/ECS
• Mandate - Form
• Reference Document

How to Register?

Please contact your home branch for more details.