Rule Changed from 1st May 2024: On the first of every month, many rules related to your household budget, bank and money change. Today, many new rules have come into effect from May 1, in which common people will save money in many places and in some places the wallet will get emptied quickly.
Rule Changed from 1st May 2024 : On the first of every month, many rules related to your household budget, bank and money change. Today many new rules have come into effect from May 1, in which common people will save money at many places and at some places their wallet will be emptied quickly. Modi government has reduced the prices of LPG gas cylinders. The country’s three big banks, Yes Bank, ICICI Bank and IDFS First Bank, have changed the rules of their savings accounts and cards from today. The services of these banks have become expensive. Besides, the charges for making mistakes have also increased. Let us know about these new rules applicable from today.
Modi government made LPG cylinder cheaper
Oil marketing companies have reduced the price of 19 kg commercial gas cylinder by Rs 20. There was no change in the prices of 14.2 kg domestic cylinder. Oil marketing companies have reduced the price of 19 kg commercial cylinder by Rs 20 from today. Cylinder prices in Delhi have now reduced by Rs 19 to Rs 1745.50. Cylinder rates reduced by Rs 20 in Kolkata. Now the cylinder will be available here for Rs 1859. In Mumbai, the cylinder will be available at Rs 1698.50, reduced by Rs 19. The price of cylinder in Chennai has become Rs 1911.
New rules of Yes Bank
According to the website of Yes Bank, the Minimum Average Balance (MAB) of different variants of savings accounts has changed from today. The minimum average balance in Account Pro Max will be Rs 50,000. There will be a limit of Rs 1,000 for the maximum charge. The minimum balance in Savings Account Pro Plus, Yes Essence SA and YES Respect SA is now Rs 25,000. The maximum limit of charge for this account has become Rs 750. Now the minimum balance in Saving Account PRO will be Rs 10,000. There will be a maximum limit of Rs 750 for charges. These rules will come into effect from May 1.
New rules of ICICI Bank
ICICI Bank’s services and charges have changed from today. The annual fee for debit card has been increased to Rs 200. For rural areas it is Rs 99 annually. There will be no charge for a check book with 25 leaves in a year. After that, Rs 4 will have to be paid for each leaf of the cheque. Charges will be levied on IMPS transaction amount. It will be between Rs 2.50 to Rs 15 per transaction. It depends on your amount.
New rules of IDFC First Bank
Utility bill payment through IDFC First Bank credit card has become costlier from today. The bank will now charge 1 percent surcharge. This will be for amounts more than Rs 20,000. Telecommunication, electricity, gas, electricity, internet service, cable service, water bills etc. may be affected, in which large amount of transactions take place. This will not be applicable on cards like First Private Credit Card, LIC Classic Credit Card and LIC Select Credit Card. Airport lounge access service has also been cut.
Bank holiday
Banks are going to remain closed for 12 days in the month of May in the country. This includes Sunday, second and fourth Saturday holidays. Due to Lok Sabha elections in the country, banks are going to remain closed in many states.
