Financial Rule Changing From May 1: Many financial rules, that can straightforwardly affect the pockets of regular individuals, will be changing from the beginning of May. Paying utility bills using IDFC First Bank, ICICI Bank, and Yes Bank credit cards will turn out to be costly as Banks are forcing surcharges for the service. Also, credit card upkeep charges will increase. The prices of domestic gas cylinders will also be changed. Below are the changes that will take place on May 1.
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LPG Cylinder Price
The price of LPG cylinders is altered in all the cities of the country on the first day of every month. The country’s oil marketing companies carry out this adjustment. Commercial and domestic cylinders are both included in LPG cylinders. In conjunction with LPG, the costs of CNG and PNG are also revised.
IDFC First Bank credit card
Paying bills with an IDFC First Bank credit card will turn out to be costly. Payment of telephone, power, gas, web administration, link administration, and water bills will be influenced. This won’t apply to First Private Credit Card, LIC Classic Credit Card, LIC Select Credit Card, and so forth.
Yes bank savings account
According to the site of Yes Bank, there will be a change in the normal minimum amount criteria of the savings accounts. A base of 25 thousand rupees will need to be kept in the savings accounts account. The base normal sum to be kept up in the Pro Max account is Rs 50 50,000.
ICICI Bank changed the standards of administration charge
ICICI Bank has changed the standards of administration charges identified with its savings account. Under this, for check cards, clients will need to pay Rs 200 in urban regions and Rs 99 in provincial regions. A passbook charge will likewise be payable. A charge of Rs 4 will be charged for every check. Rs 100 will be charged for scratch of demand draft or PO and Rs 2.50 every exchange for a move of Rs 1,000 through IMPS.
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HDFC Bank scheme
HDFC Bank, The biggest private sector bank in India, has stretched out the date for the special Fixed Deposit plan for senior citizens. Now, the deposit can be made in it till May 10, 2024. This plan was begun in May 2020. In this, the elderly get a lucrative return on their investment.
