From February 1st, ATM cash withdrawals will incur higher charges. Only three free ATM transactions will be allowed per month. Subsequent transactions will cost ₹25, up from ₹20.
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2. LPG cylinder prices reduced
Oil marketing companies have reduced the price of 19kg LPG cylinders by ₹4 to ₹7 from February 1st. Domestic cylinder prices remain unchanged.
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3. UPI transaction rules updated
The National Payments Corporation of India (NPCI) has changed UPI transaction rules. UPI IDs containing special characters (@, #, $) will no longer be accepted.
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4. Savings account minimum balance changes
Savings account minimum balance limits have been revised. SBI account holders now need ₹5,000 instead of ₹3,000, and PNB account holders need ₹3,500 instead of ₹1,000.
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5. Petrol and diesel prices
Government oil marketing companies release daily petrol and diesel prices. Prices remain unchanged as of February 1st. The last price change was in March 2024.
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6. Maruti cars become more expensive
Maruti Suzuki India has increased prices for various car models by up to ₹32,500, effective February 1st.