Rule Change from june
Rule Change: The month of June is very important financially, because many rules are going to change this month, including banking services, UPI transactions, LPG and many other things. Every month there are changes in these services in some way or the other.
Let us know which rule change from June 1, 2025 and what difference these rules are going to make in your life.
Credit Card Rules
From January 1, 2025, many rules related to credit cards are going to change, in which the value of reward points of Kotak Mahindra Bank Royal Signature Credit Card has been reduced from 25 paise to 20 paise, apart from this, you may now have to pay additional charges for making utility bills and international payments and if you are using a credit card of any bank and the auto debit payment fails, then the bank will charge a penalty of two percent on it.
Rules related to LPG
From June 1, 2025, there may be a rule change in the prices of LPG cylinders. The prices of LPG are revised every month in which the price either decreases or increases and if there is an increase due to a change in its prices, then it also affects the pockets of domestic consumers. And if there is an increase due to a change in its prices, then it affects the pockets of domestic consumers.
Aadhar card update rules
After June 1, 2025, the rules for updating the Aadhar card are going to change, in this the last date for updating the Aadhar card was June 14, if you get your Aadhar card updated by this date, then you do not have to pay any fee for it, but if you update the Aadhar card after this, then you will have to pay extra for it.
UPI payment rule change
Under the new rule change, there is going to be a change in UPI payment, in which new NPCI rules will be applicable and now the real banking name of the receiver will be visible while making payment through UPI and this rule will be implemented by all UPI apps, this will help in avoiding frauds done through UPI via internet banking.
New rules for mutual funds
Mutual Funds rules may change after June 1, SEBI has set a new time for mutual fund transactions, after which offline orders will be valid till 3:00 PM and online orders will be valid only till 7:00 PM and if any order is placed after this, it will be processed on the next working day, these new rules can be implemented from the month of June.
Rules related to Federal Bank
From June 1, 2025, rules related to Federal Bank can be changed, in which customers will have to pay extra charges for doing additional transactions after using the free limit in ATM transactions. Along with this, now customers will have to maintain a minimum balance in their account, failing which they may have to pay an additional amount of Rs 250 to Rs 650.
