New Delhi. The new month i.e. February has started. Today, Finance Minister Nirmala Sitharaman will present the country’s general budget in Parliament. Before the budget is presented, some rules related to banking and digital payments important for the general public have also changed. These changes will directly affect the pocket and daily life of the common man. Let us know which rules have changed from today.
The fee for withdrawing cash from ATM has increased from February 1, 2025. Under the new rules, now money can be withdrawn from ATM only 3 times every month for free. After this, a fee of Rs 25 will be charged on every additional transaction, which was Rs 20 earlier. If you withdraw cash from the ATM of any other bank instead of your bank, then you will have to pay Rs 30 per transaction for this. Apart from this, a maximum of Rs 50,000 can be withdrawn in a day.
LPG cylinder prices reduced
Oil marketing companies have reduced the price of LPG in 19 kg cylinder by Rs 4 to Rs 7 from February 1, 2025. The special thing is that this is the second consecutive month when LPG prices have come down. OMCs revise the prices of LPG cylinders at the beginning of every month. There has been no change in the price of domestic gas cylinder i.e. 14 kg LPG cylinder since August 1, 2024.
Changes in the rules of UPI transactions
National Payments Corporation of India (NPCI) has also amended the rules related to UPI transactions. From February 1, UPI IDs made with special characters (such as @, #, $, etc.) will not be accepted. Now UPI users will have to create their ID using only alphanumeric characters. This change has been made with the aim of increasing the security of digital payments.
Change in Minimum Balance:
The minimum balance limit will change from February 1. Now account holders will have to maintain a higher minimum balance in their savings account. In State Bank of India, account holders will now have to maintain a minimum balance of Rs 5000 instead of Rs 3000. The minimum balance for Punjab National Bank customers will also be increased from Rs 1000 to Rs 3500. Whereas, in Canara Bank, the minimum balance limit will be increased from Rs 1000 to Rs 2500.
Maruti cars have become expensive.
India’s largest auto manufacturer Maruti Suzuki India has given a big shock to its customers. The price of different models of Maruti Suzuki has been increased from February 1, 2025. Maruti cars have become expensive by up to Rs 32,500.
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