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New Banking Rules 2024: There will be many changes related to your kitchen, money and bank from May 1.

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New Banking Rules 2024: There will be many changes related to your kitchen, money and bank from May 1.
New Banking Rules 2024: There will be many changes related to your kitchen, money and bank from May 1.

New Banking Rules 2024: The checklist of bills is ready first with the arrival of wage on the primary day of each month. From May 1, many guidelines related to your kitchen, money and bank will change. Saving account clients of Yes Bank and ICICI Bank will have to pay extra for the service. The value of LPG cylinder will be mounted. Check what changes will occur

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New Banking Rules 2024: Many guidelines related to money change from the start of each month. On the primary date, the costs of LPG cylinder, CNG, PNG are mounted. Also, Yes Bank and ICICI Bank have elevated many prices of their financial savings accounts. That is, clients of those two banks will have to pay extra money than earlier than for some providers. Also, the deadline for the scheme being run by HDFC Bank for senior residents is May 10, 2024. In such a scenario, there may be much less time left to make investments. Let us learn about these guidelines..

LPG cylinder value

On the primary of each month, oil advertising and marketing firms determine the worth of LPG cylinder. Companies repair the costs of 14 kg home cylinder and 19 kg industrial cylinder. Besides, the costs of CNG and PNG are additionally mounted.

Yes Bank’s financial savings account guidelines will change

It has been mentioned on the web site of Yes Bank that the Minimum Average Balance (MAB) of various variants of financial savings accounts has been modified. The minimal common steadiness in Account Pro Max will be Rs 50,000. A restrict of Rs 1,000 has been mounted for the utmost cost. The minimal steadiness in Savings Account Pro Plus, Yes Essence SA and YES Respect SA will now be Rs 25,000. The most restrict of cost for this account has been mounted at Rs 750. Now the minimal steadiness in Saving Account PRO will be Rs 10,000. A most restrict of Rs 750 has been mounted for prices. These guidelines will come into impact from May 1.

ICICI Bank guidelines will change

ICICI Bank has additionally made changes in many varieties of providers and prices. The annual payment for debit card has been decreased to Rs 200. For rural areas it will be Rs 99 yearly. There will be no cost for a examine guide with 25 leaves in a yr. After that, Rs 4 will have to be paid for every leaf of the cheque. Charges will be levied on IMPS transaction quantity. It will be between Rs 2.50 to Rs 15 per transaction. It depends upon your quantity.

Wecare FD for senior residents of HDFC Bank

HDFC Bank can spend money on Senior Citizen Care FD until May 10, 2024. The bank offers additional curiosity of 0.75 % to senior residents. This is a bit more curiosity than your common FD. It is giving 7.75 % curiosity to senior residents on FDs ranging from 5 years to 10 years. This curiosity is on the market on FD of lower than Rs 5 crore.

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