Rule Change December: Rules to change from December 1, know what will be the impact on your pocket.
Rule Change December: Rules to change from December 1: Every month in our country, different rules are changed. In which gas cylinders, bank regulations, changes in the prices of electrical goods, changes in the prices of milk, besides all these changes are seen in the necessities of life. Now the month of November is nearing completion. And the month of December is coming. In this regard, see Rule Change December for information about what new rules are going to change and how these rules will affect you.
Rule Change December
December is going to be the last month of this year. Counting hours are now left for the month of November. So many important changes are going to happen in the month of December. Which has a direct impact on your pocket. This change will happen from banking sector to telecom sector. It can also fall on the home kitchen. On the other hand, some days of November will be very important for senior citizens. And from December onwards, problems may arise for them. Let us tell you that the rule change is going to happen in December.
Changes in gas cylinder prices
Gas cylinder prices change on the first day of the month. In the last few days there will be no change in domestic gas cylinders but there will be changes in the price of commercial gas cylinders. While there was 2 changes in the month of November. Which was reduced to 2000 rupees.
Changes in Pension Rules
If you are a state or central government employee then definitely submit the life certificate before the end of November. If this happens your pension will not be credited to your account. Pension holder is required to give this certificate once in a year.
Change in SIM card purchase rules
New rules are going to be implemented in the telecom sector from December 1. Strict rules have been made by the government for SIM card purchase. In which no shopkeeper can distribute SIM card without complete KYC. On the other hand, no one can buy SIM cards in bulk. The Department of Telecom has made a provision to issue SIM cards limited to 1 ID. So that fraud can be prevented and those who do not follow this rule will be fined up to 10 lakh rupees and imprisoned.
HDFC Credit Card Rule Change
Currently, the use of credit cards by all banks has increased, the country's largest private bank HDFC Bank has changed the Lounge Axis program available on its Regalia credit card. So, by using this credit card, it will become mandatory for people to use a credit of 1 lakh rupees every three months. Which rule change is going to happen in December.
Changes to document rules
There is going to be another rule change with the bank from December 1. RBI will impose penalties on banks that do not return the documents held in lieu of guarantee on time after repaying the entire loan. This penalty will be Rs 5000 per month.
SBI Amrut Kalash Deadline
Country's largest lender SBI has extended the time limit for Amrut Kalash Special FD investment. FDs with interest rates above 7.10 percent can now be availed till 31 December 2023.
The RBI has set a deadline of December 31, 2023 for orderly implementation of the revised locker agreement in the rules, effective from December 1. If you submitted an amended Bank Locker Agreement on or before 31 December 2022, you are required to sign and submit the updated Locker Agreement once again. Which rule change is going to happen in December.
Free Aadhaar Update Last Date
According to the UIDAI website, if you haven't updated your Aadhaar details in the last 10 years, you can do it for free till December 14. UIDAI is asking 10-year-old Aadhaar holders to update details with latest information to prevent Aadhaar-related fraud.
SBI Home Loan Offer
SBI is running a special campaign offering a rebate of up to 65 basis points on home loan offers. This discount is applicable on Regular Home Loans, Flexipay, NRI, Non-Salary, Privilege Par etc. Home loan due date is 31 December 2023.
MF, Last Date of Demat Nomination
The nomination deadline for existing demat account holders and mutual fund holders has been extended to 31 December 2023. Sebi had earlier said that if the holders do not submit Pan, nomination, contact details, bank account details, and specimen signature by September 30, 2023, the folios will be frozen. J 31 Decemberhas been extended till 2023.
Change in UPI rules
In the new rules from December 1, the National Payments Corporation of India has asked payment apps like Google Pay, Paytm, Phone pay etc. and banks to deactivate such UPI IDs and numbers. This circular has been issued on 7 November 2023. According to the new rules, third party app providers and payment party providers will have to comply by December 31. Which rule change is going to happen in December.
IDBI Special FD
IDBI Bank has revised the fixed deposit interest rates for amounts below Rs 2 crore. This rate will be applicable from November 12. IDBI Bank has extended the validity of a special FD called Amrut Mahotsav FD to 444 days instead of 375 days. Its deadline has been extended till December 31.
Indian Bank Special FD
According to the bank's website, the state-owned bank has extended special FDs offering higher interest rates called Ind Super 400 and Ind Supreme 300 Day. The last date of which is 31 December 2023.
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