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New Rules from 1 July 2024: On the first of every month, there is a change in the rules related to money. The government decides the price of LPG cooking gas cylinder. Apart from this, the rates of CNG and PNG are also decided. The deadline for special FD of Indian Bank, IDBI Bank and Punjab & Sindh Bank, which are counted among the three big banks of the country, is till June 30. If you are planning to invest in special FD, then do it by the end of this month. RBI's new rules may affect the payment of credit card bill.
lpg cylinder price
The price of LPG cylinders is fixed on the first of every month. Last time on June 1, the government reduced the price of commercial cylinders. Now it remains to be seen whether the government increases or decreases the price this time.
IDBI Bank Special Term Deposit Scheme
IDBI Bank is offering special fixed deposits to its millions of customers. IDBI Bank is offering special FDs of 300 days, 375 days and 444 days. It is giving 7.75 percent interest on this. This special scheme is available to customers till 30 June 2024. According to the IDBI Bank website, investment can be made in Utsav FD scheme till 30 June 2024. IDBI Bank is giving 7.25 percent interest on 444 day FD to regular customers, NRI and NRO customers. The bank also gives investors the facility to withdraw and close this FD before time. IDBI Bank is giving 7.60 percent interest to senior citizens investing in 375 days Utsav FD. IDBI Bank is giving 7.55% interest to senior citizens investing in 300 days Utsav FD. At the same time, regular customers, NRI and NRO customers are being given 7.05% interest on 300 days FD. There is also a facility of premature withdrawal in this FD.
Indian Bank Special Fixed Deposit
Indian Bank is offering a special FD scheme to its customers. Public sector bank Indian Bank is offering 300 and 400 days FD to its customers. According to the website of Indian Bank, you can invest in FD schemes named Ind Super 400 and Ind Supreme 300 days till 30 June 2024. This special FD is a callable FD. Callable FD means that in this you get the option to withdraw money before time. Indian Bank's Ind Super FD is of 400 days. You can invest from Rs 10,000 to Rs 2 crore in this scheme. Indian Bank is currently giving 7.25 percent interest to common people and 7.75 percent to senior citizens and 8.00 percent to super senior citizens. According to the website of Indian Bank, the special term deposit product Ind Super 300 Days was launched on 1 July 2023. You can invest from Rs 5000 to less than Rs 2 crore on this FD for 300 days. The bank is giving interest ranging from 7.05 percent to 7.80 percent on this. Indian Bank is now giving 7.05 percent interest rate to general people and 7.55 percent to senior citizens and 7.80 percent to super senior citizens.
Punjab and Sind Bank Special FD Scheme
Punjab and Sind Bank is offering special FDs of 222 days, 333 days and 444 days to its customers. The maximum interest rate on these special FDs is 8.05 percent. According to the bank's website, the bank is giving 7.05 percent interest on 222 days FD, 7.10 percent on 333 days FD and 7.25 percent on 444 days FD. The bank is giving 8.05 percent interest to super senior citizens on 444 days FD.
Credit Card Bill Payment – New RBI Rules
The new rules of the Reserve Bank of India (RBI) are going to come into effect from July 1. RBI's new rules will bring some changes in credit card bill payments. This order to revise all credit card payments through Bharat Bill Payment System (BBPS) will affect major fintech platforms like PhonePe, Cred, BillDesk and Infibeam Avenue. RBI has directed that all credit card payments should be made through BBPS from July 1. So far, only eight of the 34 banks authorized to issue credit cards have activated bill payments on BBPS.
