From the rise in cylinder prices to the rise in tariffs on IMPS transactions, countless changes are set to take place in February that will put their hands in the pockets of ordinary people. It is important to know these changes whether you use banking services occasionally or not on a daily basis. Some customers may have received a message about this. However, the news also contains details about it.
SBI IMPS Transaction Fee
State Bank of India has increased the amount of money that can be transferred through IMPS from Rs 2 lakh to Rs 5 lakh. However, transactions above Rs 2 lakh and up to Rs 5 lakh will be taxed at Rs 20 + GST, the bank said on its website. At the same time, as before, there is no charge for IMPS transactions of less than Rs 2 lakh.
Also read: State Bank customers pay attention to the note .. Action change is going to come from next month!
BNP Bank Minimum Balance
A fine of Rs 250 will be levied on those who do not have money in their account to pay EMI or other installment fees at Punjab National Bank from February 1. Earlier, the fine was Rs 100.
Bank of Baroda Positive Bay
It is mandatory to confirm the news of successful completion of Czech transactions at Bank of Baroda. However, this rule only applies to check transactions exceeding Rs 10 lakh.
Also read: Banks will not be open for 12 days in February .. Holiday details inside!
Cylinder price change
Indian oil companies adjust the price of a cylinder on the first day of each month in line with the prevailing international crude oil prices. So, you can check the charges before ordering the cylinder in the new month.
Meanwhile, Union Finance Minister Nirmala Sitharaman will present the budget in Parliament on February 1 (Today) Is about to file. Considering the corona epidemic environment, this budget is to be presented in a paperless manner. The budget is to be tabled in both houses of parliament through the Union Budget mobile app. If any offer is announced in the budget, the terms of the bank or financial services may vary depending on it.
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