Like every month, this month there will also be changes to many rules. Rules ranging from credit cards, LPG and train tickets to FD deadline will change from November 1. This is going to affect the pockets of common people. Let us know what rules will change starting next month and what effect it may have on you.
First change: LPG cylinder price
On the first of every month, oil companies change gas cylinder prices (LPG Cylinder Price) and publish new rates. This time their prices may also be revised on November 1. This time a drop in the prices of 14 kg LPG cylinders, which have been stable for a long time, is expected. Talking about the price of commercial gas cylinder, the price of 19 kg LPG cylinder had decreased in the month of July, but then it has been increasing for three consecutive months.
Second change- ATF and CNG-PNG types
On the one hand, while oil marketing companies review the prices of LPG gas cylinders on the first of each month, along with this, in addition to CNG-PNG, the prices of air turbine fuel (ATF) are also reviewed. In recent months there has been a reduction in airline fuel prices and this time the festive gift of reduced prices is also expected. Apart from this, a big change can also be observed in the prices of CNG and PNG.
Third change: credit card rules
Now let’s talk about the third change that will be implemented in the country from November 1 and which is related to the largest government bank in the country. SBI Card, a subsidiary of State Bank of India (SBI), will implement important changes from November 1, which are related to utility bill payments and finance charges through your credit card. Starting November 1, finance charges of Rs 3.75 will have to be paid every month on unsecured SBI credit cards. Apart from this, a 1 per cent surcharge will be imposed on payment of more than Rs 50,000 for electricity, water, LP gas and other utilities.
Fourth change: money transfer rule
The Reserve Bank of India (RBI) has announced new rules for domestic money transfer (DMT), which will come into effect from November 1, 2024. The aim of these rules is to prevent misuse of banking channels to commit fraud.
Fifth important change: change of train ticket.
The advance reservation period for train tickets (ARP) of Indian Railways, which does not include the day of travel, will be reduced from 120 days to 60 days from November 1, 2024. The objective of this amendment is to maintain convenience of passengers by streamlining the ticket purchasing process.
Sixth change: no work in banks for 13 days
Banks will be closed on several occasions in November due to festivals and holidays as well as assembly elections. In November there will be a total of 13 holidays. Please let us know when banks will be closed. During these holidays, you can complete your banking-related works and transactions using the online services of banks. This service remains operational 24 hours a day, 7 days a week.
