New Rules: Big changes in LPG, ATM charges and FD interest rates from 1st September

 

Many rules have changed from 1 September i.e. today (Monday). New rules have now come into force in their place. These rules will have a great impact on your home budget and daily expenses. Changes like hallmarking of silver, revision of LPG prices, ATM withdrawal charges and possible reduction in fixed deposit (FD) interest rates will directly affect the consumers.

Fluctuation in LPG prices

On the first of every month, oil companies announce new rates for domestic LPG cylinders. Prices will also change on September 1, depending on global crude oil prices and company calculations.

New rules on ATM usage

Some banks will impose new rules on ATM usage. Customers withdrawing more than the prescribed monthly limit may have to pay higher transaction charges. Many banks will review interest on deposit rates in September. Currently most banks are offering interest between 6.5 to 7.5 percent on fixed deposits.

Mandatory hallmarking for silver

The government is going to introduce mandatory hallmarking for silver. This will increase transparency, but may affect prices. Its aim is to bring uniformity in purity and pricing in the silver market. It will increase reliability.

New charges on SBI cards

State Bank of India (SBI) cardholders will have to face revised terms. A two per cent penalty will be levied if auto-debit fails. Additional charges may apply on international transactions. Higher charges may also be levied on fuel purchases and online shopping.

Read More: Airport Charge: You will have to pay Rs 980 extra charge to catch a flight from this international airport, know the reason

Comments

Post a Comment

Popular posts from this blog

Senior Citizen Train Ticket Discount: Government has issued a new statement regarding giving discount to senior citizens on train tickets, know the details here

Image
  Senior Citizen Train Ticket Discount: Once again a demand has been made in the Lok Sabha to give discount to senior citizens on train tickets. Senior Citizen Train Ticket Discount:  Railways has withdrawn the discount given to senior citizens on train tickets since the Corona period. However, from time to time there has been a demand to restore this concession given to senior citizens in trains. Even in the winter session of the Lok Sabha, some members raised the demand for increasing fare concessions and facilities for senior citizens traveling in trains. However, even before this, Railway Minister Ashwini Vaishnav has told in the Lok Sabha that during the train journey, every passenger is given an average subsidy of 53 percent on the train ticket. Apart from this, he also told who gets discount on tickets while traveling by train. Demand for discount in train tickets raised again During Zero Hour in the House, Janata Dal (United) MP Kaushalendra Kumar said that before the ...
Read more

Reduce Electricity Bill: Electricity bill will be reduced by half, remove these 3 things from the house in summer

Image
  How To Reduce Electricity Consumption: Summer season is about to come. Electricity bills are quite high in summer. We can reduce electricity bills by removing or reducing some things. Let us tell you… Tips to reduce electricity bill at home:  Nowadays electricity bills are increasing continuously, due to which it has become necessary to pay attention to its saving in every house. Electricity consumption can be reduced by using Energy-Efficient Appliances and LED bulbs. But sometimes small mistakes cause more electricity consumption, which we do not pay attention to. Summer season is about to come. Electricity bill is very high in summer. We can reduce the electricity bill by removing or reducing some things. Let us tell you… Use inverter AC instead of normal AC If you want to save electricity, then use inverter AC instead of non-inverter AC. Inverter AC consumes much less electricity than normal AC. Inverter AC controls the speed of the compressor according to the need, due ...
Read more

Indian Passport Holders: Good news! Six international countries that offer a hassle-free visa experience to Indian passport holders

Image
  Make the most of the holiday season with a trip to these countries that offer a hassle-free visa experience for Indian passport holders International travel has always been a pain point for Indians especially in the planning stage. More often than not, countries high on your wishlist get knocked off because getting a visa is inconvenient, stressful, and difficult to secure in time. Europe, which has always been a top destination, requires a Schengen visa, which in turn demands an incredible amount of documentation from Indian travellers with a high risk of rejection. The United States offers a visa valid for a glorious 10 years but trying to get an appointment without waiting over a year is next to impossible. So, if you want to make the most of the upcoming festive season or plan spur-of-the-moment trips — which on our passport seems like a luxury — where can you go beyond our beloved Thailand and Nepal? Here are a few countries that have made travel easier for Indians. While th...
Read more