Electronic Clearing Service (ECS) and National Automated Clearing House (NACH) are electronic systems used in India to facilitate recurring payments, such as loan EMIs, insurance premiums, and mutual fund investments. To stop or terminate an ECS NACH mandate, you need to follow a specific process, as outlined below:
Please note that the termination process may vary slightly between different banks and service providers. Always consult with your bank and the concerned institution to understand their specific requirements and procedures.