Changes in these 5 Rules Including EPF Account and Banking from September 1

From September 1, many changes are going to happen across the country. If your savings account is in Punjab National Bank, then from next month you will get less interest on the amount deposited in that account.
Image Credit: Abp News
Image Credit: Abp News

From September 1, many changes are going to happen across the country. If your savings account is in Punjab National Bank, then from next month you will get less interest on the amount deposited in that account. Apart from this, the rules related to EPFO ​​will also change. We are telling you about 5 such changes that will affect you.

Punjab National Bank interest rate change

Punjab National Bank (PNB) has decided to cut interest on a savings account. From September 1, 2.90% interest will be available on the money deposited in the savings account of Punjab National Bank. At present, the bank is giving 3% interest on it.

It is necessary to link EPF account with Aadhaar

EPFO has made it mandatory to link EPF account with Aadhaar. If you do not link the EPF account and Aadhaar number before September 1, then the contribution coming from the company in your account will be stopped.

Apart from this, you may also face trouble in withdrawing money from the EPF account. If the account of the EPF account holder is not linked with Aadhaar, then they will not be able to use the services of EPFO.

Source: Google/ Image Credit: Abp news
Source: Google/ Image Credit: Abp news

A positive pay system will be implemented in Axis Bank

Axis Bank will launch the positive pay system next month. Under this, if you issue a check of more than 50 thousand rupees, then some information related to that check will have to be given to the electronically paying bank. This information can be given through SMS, mobile app, internet banking, or ATM.
The issuer of the cheque has to provide information such as the date of the cheque, name of the payee, amount to be paid, check number, etc. to the paying bank.

Disney + Hotstar's plan will be expensive

The subscription to the OTT platform Disney + Hotstar will become expensive. Users will have to pay Rs 499 instead of Rs 399 for the base plan. Apart from this, users will be able to run the app on two phones for Rs 899. Also, you will be able to run this app on 4 screens for Rs 1,499.

There may be a change in the price of gas cylinder

From September 1, the prices of LPG cylinders may change. On the first of every month, government oil companies fix new prices of LPG cylinders.

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