Rules Change: These 6 Important rules change from February 1

These 6 important rules are also changing from February 1, 2024. This can directly affect your pocket.

By News Next Live On Jan 29, 2024 - 4: 46 pm

Rules Change: These 6 Important rules change from February 1 — Image Credit To Original Source

Rules Change: The month of January will end in a few days and the month of February is coming. These 6 important rules are also changing from February 1, 2024. This can directly affect your pocket. Find out what are the 6 rules you need to know before February 1st.

National Pension System (NPS) Withdrawal Rules:

The PFRDA issued a circular on January 12 regarding the partial withdrawal. Under this, National Pension System (NPS) account holders can withdraw only 25 percent of their pension account contribution. Only after verification, CRA will process the partial withdrawal request.

Changes in IMPS Fund Transfer:

Immediate Payment Service (IMPS) rules will change from February 1. Under this rule, you will now be able to transfer funds up to Rs 5 lakh to a bank account without including the name of the beneficiary. For this, you need to enter the beneficiary’s phone number and bank account name.

Also Read: Health Insurance Rules Change: Now Cashless Treatment In All Hospitals

FASTAG KYC Update:

National Highways Authority of India (NHAI) has made KYC mandatory by changing FASTag rules. Vehicles that do not complete FASTTAG KYC will be disabled. Last date for renewal of FASTAG KYC is 31 January 2024.

Punjab & Sind Bank Fixed Deposit:

Punjab & Sind Bank has launched a special FD scheme to benefit its customers. Customers can apply till 31 January 2024 to avail Dhan Lakshmi 444 days FD facility. By investing in this scheme you will get the benefit of 7.60% interest rate on your deposit.

Also Read: Post Office New Scheme: Just Invest Rs 5,000 And Get Rs 5 Lakh

SBI Home Loan Campaign:

State Bank of India (SBI) has launched a special home loan facility for the convenience of customers. Under this, customers are being offered a discount of up to 65 bps on home loans. Last date for processing fee and loan waiver is 31 January 2024.

New episode of SGB is releasing:

If you want to invest in sovereign gold bonds (SGB), Reserve Bank of India is bringing you a golden opportunity. You can invest in SGB 2023-24 Series 4 from February 12 to February 16, 2024.