The next financial year i.e. on 1 April 2025, many major changes are going to happen, which is going to have a direct impact on your pocket. That is, it is going to affect everyone from the kitchen of the house to the bank account and credit card holders. First of all, we know about bank accounts and credit whether some changes are going to happen.
Change on credit card
Many such changes are going to happen for credit card holders in the next financial year, which can affect users. From one side, the simple click credit card from ABI announced to reduce the points of Swigy Reward from 10 times to 5 times, while Air India has announced to reduce the signator points from 30 to 10 to 10.
Impact on LPG
Oil and Gains distribution companies revise LPG prices on the first date of every month. In such a situation, in a date of next month, you can see some changes in it. However, there has been no increase in any kind of LPG prices for a long time. But it is expected that there can be some relief in LPG in the new financial year. Whereas, if you talk about CNG prices used in vehicles, then some changes can be made.
Badlav associated with bank accounts
Many other backs including State Bank of India and PNB are changing the minimum bank balance. Now on the basis of sector wise, a new limit of minimum balance will be fixed and they will be charged. In such a situation, it will be directly affected by the bank account holders’ pockets.
Significantly, the limit of minimum balance of different banks is different at this time. If the rules of that minimum balance are not followed, then the bank account holders are fined. There may be some further changes in this.
Many UPI accounts will be closed
Nowadays UPI is in a lot of practice for payment. But such mobile numbers which are connected to UPI accounts but are not active, then it will be closed from April 1. In addition, it will also be removed from the bank’s record. This means that any of your mobile number is related to UPI, but if it is not being used, then it will be closed.
Also read: March 29 i.e. on the fifth Saturday, is the bank open or closed today? Learn what is RBI Rules