Many major changes are going to happen from May 1, which will directly affect your pocket. In this, the price of ATM transactions and LPG is connected to bank account. Therefore, it is important that you know about these new rules in advance, so that you do not have to face any problem later. These changes will directly affect your transactions and service. Such as the limit of withdrawing money from ATMs, changes in bank charge and gas cylinder prices. Let us tell you in detail about these changes.
Money will be expensive to withdraw money from ATM
From May 1, 2025, the free transaction limit will end on withdrawing money from ATM. Now every time you have to pay 19 rupees to withdraw money from ATM. Earlier this fee was 17 rupees. Apart from this, if you check the balance, then for this you will have to pay a fee of Rs 7, although the fee was earlier Rs 6.
Changes in railway ticket booking
From 1 May 2025, there will be some changes in the rules of railway ticket booking. Those traveling will have to prepare according to the new system. From now on, waiting tickets will be valid only in general coaches. You cannot travel with waiting tickets in sleeper coaches.
RRB scheme will be implemented
From 1 May 2025, one state one RRB scheme will be implemented in 11 states of the country. This means that a large bank will be made by connecting all regional rural banks together in every state. This will make banking services even better and customers will also get more facilities than before. This change will be implemented in UP, Andhra Pradesh, West Bengal, Bihar, Gujarat, Jammu and Kashmir, Karnataka, Madhya Pradesh, Maharashtra, Odisha, Rajasthan.
Changes in the price of LPG cylinder
The prices of LPG cylinders are reviewed on the first date of every month. This time also, on May 1, a review will be done on the price of gas cylinder. This price will directly affect your pocket.
Changes in interest rates of FD and savings account
You may also see a change in the interest rates of FD and savings account of May 1. Since the RBI reduced the repo rate twice, most banks have reduced the interest rates on savings account and FD.
