Rules Changing from 1st April : The month of March is about to end. The month of April is going to start in two days. With the beginning of April, the financial year 2024-25 will also begin. There are going to be changes in some rules related to money from April 1, which will have a direct impact on your pocket. Let us know which rules will change from April 1.

Charges on SBI Debit Card will increase from April 1.

SBI has shocked crores of its customers. The annual maintenance charge of some debit cards of SBI has been increased. These rates will be revised from April 1, 2024. The bank has increased the maintenance charges on most of its debit cards. Please note that bank card charges vary depending on the type of card.

Change in NPS rules:

Pension Fund Regulatory and Development Authority (PFRDA) is going to introduce Aadhaar-based login authentication in NPS. This rule will come into effect from April 1, 2024.

LPG prices can change.

LPG prices are fixed by the government at the beginning of every month. Government oil companies can change the price of LPG cylinders as well as commercial cylinders. However, the possibility of change in the prices of LPG cylinders during the election season is very less.

Ola Money Wallet

Ola Money has told its customers that the company will shift from ‘Full Know Your Customer Wallet’ (KYC) to ‘Small Prepaid Instrument’ (PPI) wallet from April 1, 2024. This will save the time and expense of customers in the KYC process. The company has said, “We are shifting to the Small PPI system for a maximum wallet load limit of Rs 10,000 from April 1, 2024.”

Banks will remain closed for 14 days in April.

Reserve Bank of India has released the list of bank holidays in the month of April. Like every month, there are going to be bank holidays for many days in April too. Banks are going to remain closed in many states due to festivals like Eid and Ram Navami etc.

Banks will remain closed for a total of 14 days in different states in April. You can check the list of bank holidays by visiting the official website of the Reserve Bank.

SSY, PPF account holders should complete this work by 31st March, otherwise there will be big loss.

The post New Rules: From NPS to debit card, these 5 rules will change from April 1, your pocket will be affected. first appeared on Rightsofemployees.com.

Crores of customers of the country’s largest government bank SBI are going to get a big shock from next week. Actually, the government bank has announced to increase the annual maintenance charge for its various debit cards, which is going to be effective from next week.

Changes coming into effect from April 1

According to the information given on the official website of State Bank of India, the annual maintenance charge is being increased by up to Rs 75 in case of various debit cards. The new annual maintenance charges of debit cards will be effective from April 1, 2024. Crores of people in the country use SBI debit cards. SBI is also the largest bank in the country in terms of number of customers.

Charges increased in this way

In case of SBI Classic, Silver, Global, Contactless Debit Card, now customers will have to pay Rs 200 plus GST as maintenance charge. Currently this charge is Rs 125 plus GST. Similarly, in case of Yuva, Gold, Combo Debit Card, My Card (Image Card), a charge of Rs 250 will be levied instead of Rs 175. SBI Platinum Debit Card will now be charged Rs 325 instead of Rs 250. The annual maintenance charge for Pride and Premium Business Debit Cards will now increase from Rs 350 to Rs 425. Separate GST is applicable on all charges.

They will no longer get rewards

Some changes are also taking place in the case of SBI credit card. SBI Cards has informed that in the case of some of its credit cards, changes related to reward points are going to be implemented from April 1. Under this change, some special credit card holders will no longer get the benefit of reward points on making rate payments through credit cards.

Impact on already accumulated reward points

At the same time, those credit card holders of SBI card are also going to suffer loss, who till now have got the benefit of reward points on making rate payment through credit card. According to SBI Cards, the reward points accumulated from rent payments on the affected cards will expire after April 15, 2024. Meaning, if you also use SBI credit card and have got reward points on rent payment, then use them now, otherwise those reward points will expire soon.

Bank on Sunday: This time banks will open on Sunday also, these banking services will be available in the branch

The post SBI Debit Card Charges : Shock to crores of SBI customers, more money will be charged for this work from April 1 first appeared on Rightsofemployees.com.