Changes From 1st August: These rules will change from 1st August, know these things which directly affect the pocket today

Changes from August 1: The month of July is about to end and August 1 is about to come. Like every month, from the first day, some changes are going to happen this time too. Apart from the gas price, it also includes some updates related to the banking system. Any modifications to the regulations will directly affect you. In addition, banks will be closed more days this month than they do every month. Let’s know about the changes from August 1 …

Bank Of Baroda Check Payment System
If you have an account with the Bank of Baroda (BOB), then this news is of your use. The procedures for paying by check at Bank of Baroda (BOB) will change as of this August 1st. As per RBI guidelines, the Bank of Baroda has informed customers that a positive payment system has been put in place for checks amounting to Rs 5 lakh or more with effect from August 1. Under this, the bank will have to give the information related to the check through SMS, net banking, or a mobile app.

LPG prices
Like the 1st of every month, this time to there is a possibility of a change in the price of gas cylinders from August 1. Companies can change the price of both domestic and commercial gas cylinders this time. Sources say that this time the rate of a cylinder may change by 20 to 30 rupees. Let us tell you that last time the commercial gas cylinder became cheaper, while the domestic gas cylinder was increased by Rs 50.

Read More: Mutual Fund SIP: This scheme will secure children’s futures; 55 lakhs can be found for a Rs 5,000 investment.

Banks to remain closed for 18 days
This time many festivals like Muharram, Raksha Bandhan, Independence Day, Krishna Janmashtami, and Ganesh Chaturthi are coming in August. As a result, banks will be closed throughout this period in 18 different states. In its list, the Reserve Bank of India (RBI) also noted that the bank would be closed for a number of days in August. Banks will remain closed for a total of 18 days this month, including the second and fourth Saturdays and four Sundays.

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