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Sunday, May 16, 2021

The price of gas cylinders is going to change from May 1, many rules including banking rules, know here what will be the effect on you.

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Manish Kumar, New Delhi: Today is the last day of the month of April and tomorrow i.e. Saturday is going to be the beginning of the new month of May. Many rules in the country are going to change from May 1. There are going to be major changes in the rules including Corona Vaccination Rules, Price of Gas Cylinder, Banking Rules and Insurance Policy from May 1. The effect of this change is bound to fall on the common people.

People above 18 years of age will also get corona vaccine

There is an outcry in the country from Corona. Meanwhile, the third phase of corona vaccination is going to be started across the country from tomorrow ie 1st May. All people above 18 years of age can get the Corona vaccine applied in this phase. For this, all people have to register first. For this, the process of registration has started from 4 pm on 28 April.

The cover amount of the insurance policy will be doubled

In the midst of growing havoc with Corona, the insurance regulator IRDAI (IRDAI) has decided to double the cover of the Arogya Sanjeevani policy and has also directed all the entities related to it. IRDA has told the insurance companies that by May 1, they will have to offer a policy with a cover of Rs 10 lakh. Let us tell you that the coverage limit of the Commission’s Sanjeevani Standard Policy, which started from April 1, was still up to Rs 5 lakh. That is, under this, people will now get twice as much benefit as before.

Kitchen Gas cylinder prices will change

There may be a change in the price of LPG cylinder from May 1. Currently, the price of a 14.2 kg subsidized gas cylinder in Delhi is Rs 809. Significantly, in the last few times, the prices of gas cylinders have seen a lot of change. In such a situation, it is possible that the price of gas cylinders may change this month too.

Axis Bank rules for minimum balance to change

From May 1, many banks are also going to change their banking rules. In this series, Axis Bank has announced a change in the fees charged in various services for savings account holders. This includes raising the charge in the case of withdrawing cash from the ATM after the completion of the free transaction limit. Apart from this, the bank has also decided to increase the minimum balance requirement limit in the account for various types of savings accounts, though has reduced the minimum fees for not maintaining the minimum balance. The minimum balance requirement has been increased from Rs 10,000 to Rs 15,000 for an account with Easy Savings schemes.

Bank holidays are 12 days in May

The general banking work of such people is being affected by the rising havoc of Corona. In the midst of all this, there will be a 12-day holiday in banks in May. Some of these days will be when banks across the country will not be closed. Rather, this holiday will be locally at some places. The holiday list released on the RBI website states the holiday at the state level.

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