december 2011 aadhaar payment bridge (apb) system launched on a pilot basis december 2012 national...

National Automated Clearing House

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NACH Journey

December 2011Aadhaar Payment Bridge (APB) System Launched on a Pilot Basis

December 2012National Automated Clearing House (NACH) System Launched

April 2013Aadhaar Payment Bridge (APB) System Migrated to NACH Platform

Saves Time, Effort, Cost and Manual Intervention

Apt payment solution for Corporates,

Utility Companies and Govt.

Departments

Facilitates Subsidy

Payments using APBS

Facilitates Payments & Collections using NACH

Credit & Debit

NACH - One Stop Solution for Payments and Collections

NACH Payment Service

NACH Products

APBS

NACH Credit (156)

NACH Debit (156)

NACH Debit (306)

NACH Credit (306)

• Aadhaar acts as the financial address of the person

• Payment system based on Aadhaar number and IIN

• Used for payment of subsidies/government benefits to beneficiaries

Aadhaar Payment Bridge (APB) System

APB – Use Cases

LPG Subsidy (DBTL)

NREGA Payments

Old Age Pension

Student Scholarships

30+ Welfare Schemes of Central & State Govt.

Salary Payments

DBT and DBTL

Scheme re-launched on 15 November, 2014 and expanded pan India from 01 January 2015.

Subsidy transferred through APB and ACH Credit.

Account Validation process (OMC to bank & Bank to OMC) introduced.

More than 15 crore Aadhaar in NPCI mapper.

New mapper file format with OD flag introduced.

Sponsor Bank Destination Bank

Govt. Department Settlement Bank (RBI)

Beneficiary

Transaction Origination Transaction Response

Intimation sent to

Beneficiary

Transaction Initiation

Funds Credited

Settlement File

Presentation Settlement File

Return Settlement File

NPCI Mapper

APB Transaction Process Flow

NACH Member Banks

Co-operative Banks

Local Area Bank

Regional Rural Banks

Foreign Banks

Private Sector Banks

Public Sector Banks

0 50 100 150 200 250 300 350 400

392

1

56

24

20

27

500+ Banks

NACH Transaction Statistics

April, 2

014

May

, 201

4

June,

201

4

July

, 201

4

August, 2

014

Septe

mber

, 201

4

Oct

ober

, 201

4

Nov

ember

, 201

4

Decem

ber, 2

014

Januar

y, 2

015

Febru

ary,

201

5

0

100

200

300

400

500

600

700

800

900

1000

47.48 52.4 63.79 91.1 101.15150.39

80.06 78.17143.53

696.87

902.74

Transaction Volume in Lakhs

500+ Participating Banks

More than 15 crore Aadhaar numbers in NPCI mapper

More than 24 crore transactions processed in FY 2014-15

NACH System – Major Highlights

Thank You !!!

Vipin.surelia@npci.org.in 810 810 8604