The month of August is going to start from Thursday. With the beginning of the month, many such rules are going to change, which will directly affect the lives of common people. With the beginning of the new month, the National Payments Corporation of India (NPCI) is going to make a big change in the rules of UPI. Apart from this, many rules are going to change, which let us tell you about …
UPI rules will change
With the beginning of August, UPI users will see a big change. From the new month, UPI users will be able to check the balance only 50 times a day. According to the new rules, if someone has more than one UPI app, the user will be able to check their balance only 50 times on every app.
Auto pay rules change
Many people keep some payments on auto pay mode to save their time. As soon as its date date comes, the payment is cut off from the bank account. But now it will also see changes. According to the new rules, now the payment can be made before 10:00 am, between 1:00 pm and 5:00 pm and only after 9:30 pm. At the same time, the user will be able to see the transaction situation only 3 times at a minimum interval of 90 seconds.
The name of the beneficiary will be seen
Explain that from August 1, when any user will pay through his UPI to someone’s bank account, the full name of the beneficiary of that account will be revealed. Its main objective is to avoid mistakes and fraud.
SBI’s credit card rules will also change
Apart from this, from August 1, State Bank of India will discontinue the free air accident insurance cover on several co-branded cards. Meanwhile, the bank has informed that UCO Bank SBI Card Elite, Central Bank of India SBI Card Elite, PSB SBI Card Elite, KVB SBI Card Elite, KVB SBI Signature Card and Allahabad Bank SBI Card Elite will be discontinued a free air accident insurance coverage of Rs 1 crore.
Will LPG prices change?
It is believed that LPG prices may change in early August. Please note that prices are reviewed every month and if the officers consider them necessary, they are revised.
RBI will hold MPC meeting
The RBI MPC meeting can be held on 4-6 August 2025. In this meeting, the change in repo rate will be discussed and announced. The change in repo rate affects the EMI of common people. The month of August is going to start from Thursday. With the beginning of the month, many such rules are going to change, which will directly affect the lives of common people. With the beginning of the new month, the National Payments Corporation of India (NPCI) is going to make a big change in the rules of UPI. Apart from this, many rules are going to change, which let us tell you about …
UPI rules will change
With the beginning of August, UPI users will see a big change. From the new month, UPI users will be able to check the balance only 50 times a day. According to the new rules, if someone has more than one UPI app, the user will be able to check their balance only 50 times on every app.
Auto pay rules change
Many people keep some payments on auto pay mode to save their time. As soon as its date date comes, the payment is cut off from the bank account. But now it will also see changes. According to the new rules, now the payment can be made before 10:00 am, between 1:00 pm and 5:00 pm and only after 9:30 pm. At the same time, the user will be able to see the transaction situation only 3 times at a minimum interval of 90 seconds.
The name of the beneficiary will be seen
Explain that from August 1, when any user will pay through his UPI to someone’s bank account, the full name of the beneficiary of that account will be revealed. Its main objective is to avoid mistakes and fraud.
SBI’s credit card rules will also change
Apart from this, from August 1, State Bank of India will discontinue the free air accident insurance cover on several co-branded cards. Meanwhile, the bank has informed that UCO Bank SBI Card Elite, Central Bank of India SBI Card Elite, PSB SBI Card Elite, KVB SBI Card Elite, KVB SBI Signature Card and Allahabad Bank SBI Card Elite will be discontinued a free air accident insurance coverage of Rs 1 crore.
Will LPG prices change?
It is believed that LPG prices may change in early August. Please note that prices are reviewed every month and if the officers consider them necessary, they are revised.
RBI will hold MPC meeting
The RBI MPC meeting can be held on 4-6 August 2025. In this meeting, the change in repo rate will be discussed and announced. The change in repo rate affects the EMI of common people.