New Banking Rules 2024: The list of expenses is prepared first with the arrival of salary on the first day of every month. From May 1, many rules related to your kitchen, money and bank will change. Saving account customers of Yes Bank and ICICI Bank will have to pay more for the service. The price of LPG cylinder will be fixed. Check what changes will happen
New Banking Rules 2024: Many rules related to money change from the beginning of every month. On the first date, the prices of LPG cylinder, CNG, PNG are fixed. Also, Yes Bank and ICICI Bank have increased many charges of their savings accounts. That is, customers of these two banks will have to pay more money than before for some services. Also, the deadline for the scheme being run by HDFC Bank for senior citizens is May 10, 2024. In such a situation, there is less time left to invest. Let us know about these rules..
LPG cylinder price
On the first of every month, oil marketing companies decide the price of LPG cylinder. Companies fix the prices of 14 kg domestic cylinder and 19 kg commercial cylinder. Besides, the prices of CNG and PNG are also fixed.
Yes Bank’s savings account rules will change
It has been said on the website of Yes Bank that the Minimum Average Balance (MAB) of different variants of savings accounts has been changed. The minimum average balance in Account Pro Max will be Rs 50,000. A limit of Rs 1,000 has been fixed for the maximum charge. The minimum balance in Savings Account Pro Plus, Yes Essence SA and YES Respect SA will now be Rs 25,000. The maximum limit of charge for this account has been fixed at Rs 750. Now the minimum balance in Saving Account PRO will be Rs 10,000. A maximum limit of Rs 750 has been fixed for charges. These rules will come into effect from May 1.
ICICI Bank rules will change
ICICI Bank has also made changes in many types of services and charges. The annual fee for debit card has been reduced to Rs 200. For rural areas it will be 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.
Wecare FD for senior citizens of HDFC Bank
HDFC Bank can invest in Senior Citizen Care FD till May 10, 2024. The bank gives extra interest of 0.75 percent to senior citizens. This is a little more interest than your regular FD. It is giving 7.75 percent interest to senior citizens on FDs ranging from 5 years to 10 years. This interest is available on FD of less than Rs 5 crore.
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