The ACH RTN charges in PNB are fees levied when an ACH transaction, such as NACH (National Automated Clearing House) debit or credit, is returned due to reasons like insufficient funds, mandate rejection, or technical failures. This charge is usually Rs. 100 per mandate for inward NACH. However, it is different for physical mandate. I have shared the details below.
What are the ACH RTN Charges PNB?
For inward NACH online mandate, it is Rs 100 per mandate and for physical mandate, it is Rs 125 per mandate. PNB applies charges for different types of ACH/NACH transactions, including:
When a scheduled debit transaction (e.g., loan EMI, utility bill payment) fails, PNB may charge a penalty.
There may be a fee for setting up or modifying NACH mandates.
If an account does not have sufficient balance to process the debit, return charges are applicable.
NACH is a system operated by NPCI that allows bulk electronic transactions for both debit (e.g., EMI payments) and credit (e.g., salary payments). If a customer has registered for NACH debit, their account is automatically debited on a scheduled date. If the transaction fails, a return fee is imposed. I hope you find this helpful.
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What is ACH RTN Charges In PNB?
shikhar15
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3 months
2025-03-04T08:40:15+00:00 2025-03-04T08:40:24+00:00Comment
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