Now customers can avail better services than before through online banking. For this, banks are also introducing chatbots powered by artificial intelligence.
If you have an account in a bank, then this news is important for you. Let us tell you that from April 1, 2025, many rules related to banking are going to change across the country. This will clearly affect your savings account, credit card and ATM transactions. If you know about these changes in advance, then you can avoid losses.
There will be a change in the rules of the bank
The Reserve Bank of India has allowed banks to increase the ATM interchange fee, due to which any withdrawal or balance check from an ATM outside the home bank network will cost you a little more than before. Earlier you had to pay Rs 17 while withdrawing money from an ATM, but now it has become Rs 19. On the other hand, earlier you had to pay Rs 6 for checking balance from a bank’s ATM, now it has been increased to Rs 7.
Digital Banking
Banks are constantly adding new features to promote digital banking. But now customers can avail better services than before through online banking. For this, banks are also introducing chatbots powered by artificial intelligence. To make digital transactions safe, security like two-factor authentication and biometric verification will be introduced.
Minimum Balance Rules
Let us tell you that the rules related to minimum balance of many banks like SBI, Punjab National Bank, Canara Bank have been changed. This balance depends on whether your account is in urban, semi-urban or rural area. At the same time, you may have to pay a penalty for keeping a balance less than the fixed amount.
Changes in interest rates
Many banks are now changing the interest rates on savings accounts and FDs. Now the interest on savings accounts will depend on the account balance. That is, the more the balance, the better the return.
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