From May 1, these rules will change that will directly affect your budget

Now, just a few days remain till the end of April. Many rules will change at the start of May, directly affecting the finances of the average person. There will be a pricing change for LPG cylinders and fees associated with ICICI Bank savings accounts starting on May 1. In light of this, we are informing you of the changes that will take place starting next month.

The rules governing the savings account offered by Yes Bank will be modified.

The information provided on Yes Bank’s official website indicates that there has been a modification to the minimum average balance for the various savings account varieties. Currently, the lowest average balance in Yes Bank Pro Max has become Rs 50,000. The maximum charge has been fixed at Rs 1000. Whereas in Saving Account Pro Plus Yes Respect SA and Yes Essence SA, the minimum average balance (MAB) limit has now been fixed at Rs 25,000. The maximum charge for this account has been fixed at Rs 750. The minimum balance in the bank’s Account PRO is Rs 10,000. The maximum fee in this has now become Rs 750.

Rules at ICICI Bank changed

The terms of service for ICICI Bank’s savings account have been modified. Customers using debit cards will now be required to pay an annual charge of Rs 200 in urban areas and Rs 99 in rural areas. You can now obtain the bank’s 25-page checkbook without paying any fees. You will then be required to pay an additional cost of Rs 4 per page. The current IMPS transaction amount ranges from Rs 2.50 to Rs 15 per transaction.

The special FD program deadline was extended by HDFC Bank.

The deadline for the unique savings account program available to older folks has been extended by HDFC Bank, the biggest private sector bank in the nation to May 10. Under this scheme, the bank is offering a 0.75 percent higher interest rate to senior citizens. In such a situation, customers are getting the benefit of a 7.75 percent interest rate on the FD scheme for 5 to 10 years. Under this scheme, senior citizens can deposit up to Rs 5 crore.

Price changes for LPG cylinders

Oil firms adjust the cost of residential and commercial LPG gas cylinders on the first of each month. Under these circumstances, a change in petrol prices on May 1st is possible.

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