Fixed Deposit still remains a reliable and safe investment option for senior citizens. While big banks have reduced FD rates, some Small Finance Banks still Up to 8% interest on 5 year FD Are giving. This opportunity is especially for those who want steady and fixed income after retirement.

In this video we will tell that Suryoday Small Finance Bank 8%, Jana Small Finance Bank 7.77% more Ujjivan Small Finance Bank Why are they offering 7.7% interest? The maximum investment limit in FD can be up to ₹3 crore. You will also know that while making FD in Small Finance Banks DICGC insurance available up to ₹5 lakh, tds rules, Form 15H And Zero tax up to ₹12 lakh How can one take advantage of this? Must watch this video before investing in FD.

New Rules from 1st June, 2025: It took the month of June from today and from June 1, 2025, many new financial rules are going to be implemented, which is going to affect your pocket. This is because many things like ATM transaction charge, credit card rewards, interest rate on fixed deposits and Aadhaar update fees will change from today. Today you are going to tell about these changes and what they will have on you-

Rules for credit cards changed

According to the new rule implemented with the credit card from June 1, if the auto-debit payment of your credit card fails, then a penalty of up to 2 percent will be imposed. For example, if you have set an auto debit in your mobile and it fails, then the bank will charge you up to 2 percent.

Apart from this, from June 1, international transactions will also be charged. Some banks have indicated to impose extra charges if the utility bills like electricity, water and internet are filled with credit cards. Along with this, rules can also be changed regarding cashback. Not only this, from today, you will have to pay extra charge even after purchasing fuel from credit card.

Money will be expensive to withdraw money from ATM

Withdrawing money from ATM using debit cards from 1 June will also become expensive. Under the new rules, if you do more transactions than the free limit, then your withdrawal charge may increase. That is, repeated cash from ATMs can now be overwhelming on the pocket.

Interest rate on fixed deposit

From June 1, 2025, banks can change their interest rates on FD. At present, banks usually give a return between 6.5 percent to 7.5 percent on FD. Now the interest on FD may decrease on FD amid hopes of cutting RBI repo rate. By the way, many small banks have already reduced their interest rates on fixed deposits.

EPFO 3.0 Launch from today

The new EPFO ​​3.0 system will be launched today, there is a big relief news for salaried employees. This will provide facilities like banks to subscribers such as PF money can be withdrawn from ATM, KYC update, claim will be easy to settle.

Commercial cylinder prices low

From today, the price of 19 kg commercial LPG gas cylinder has been reduced by about Rs 24. This will benefit those running hotels, restaurants or dhaba. If the operational cost will be low, then the customers will also benefit.

Last date for free base update

Now for free, Aadhaar will be updated by June 14, 2025 only. After this, it will be Rs 25 for updating the Aadhaar online and Rs 50 to update by going to the center.

New cut-off time for mutual funds

According to market regulator SEBI, a new cut-off timing has been set for redemption in overnite and liquid mutual fund schemes since 1 June 2025. That is, cut-off time for both of them has been fixed separately. Now offline redemption requests will have to be submitted by 3 pm, while investors doing redemption in overnite schemes will be able to submit the redemption request by 7 pm.

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Banks will be closed for 12 days in the month of June, if you are thinking of setting up work and setting up work, then take a look on the holiday list