Know about ‘these’ new changes in rules from Feb 1

Know about ‘these’ new changes in rules from Feb 1

Know about ‘these’ new changes in rules from Feb 1

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From 1st February 2024, several rules will be changed which will impact the common person.

Following are the further details:

·6 major rule changes are coming this month. The impact of this will fall directly on the common person’s pocket.

·At the beginning of every month, the government changes the rules. Only a few days are left for the month of January to end. 6 major rule changes are coming this month.

·RBI has brought great relief to the common person by making changes. Now you can transfer Rs 5 lakh from your bank account without adding beneficiary name. Last year, NPCI had issued a circular in this regard on October 31.

·Those who have not completed FASTag KYC work yet, their FASTag will be banned or blacklisted. The National Highways Authority of India has fixed January 31 as the last date for updating FASTag KYC.

·On 12 January 2024, PFRDA issued a circular regarding partial withdrawal from an NPS account. It will come into effect from February 1. The circular states that up to 25% can be withdrawn from the personal pension account of an NPS account holder.

·For the above-mentioned point of NPS, you have to apply first. The Government Nodal Office then nominates the recipient. Partial withdrawals are possible after verification.

·State Bank of India is running a special home loan campaign. In this, a discount of up to 65 bps is being given on home loans. You can avail concession in Home Loan processing fee till 31st January 2024.

·FD scheme of Punjab and Sind Bank named ‘Dhan Lakshmi 444 Days’ can be availed till 31st January 2024.

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