These 5 Rules Are Changing From 1st May
There is only one day left until the month of April. From May 1, many new rules will apply to the general public, so before May comes, you must know about these rules. It includes many rules related to banking, gas cylinder (LPG cylinder), covid vaccination, which have an effect directly on people’s pockets, so you must know all these rules.
This change is going to happen in Axis Bank.
Axis Bank’s rules for maintaining a minimum balance in a savings account are changing from May 1.
On cash withdrawals from ATMs after the free limit from May 1, you will have to pay double charge as compared to the current time. Apart from this, the bank has also increased the charges for other services. Let us inform you that Axis Bank has increased the minimum balance limit from 1st May 2021. The minimum balance requirement for Axis Bank’s Easy Savings Scheme account has been increased from Rs 10,000 to Rs 15,000.
People over the age of 18 will be vaccinated.
The third phase of vaccination is set to begin on May 1 amid a growing epidemic of coronavirus. In this third phase, all people over the age of 18 will be vaccinated. In the third phase of vaccination campaign, the government has changed many rules and also brought many new rules. Let it be known that this time the government has made the process of online registration necessary.
IRDA doubled the cover amount of the policy.
Let me tell you that in the midst of another wave of corona, the insurance regulator IRDA has instructed to double the cover amount of the health revival policy. Insurance companies will have to provide a cover policy of up to Rs 10 lakh by May 1. Apart from this, the maximum coverage limit of Arogya Sanjeev’s standard policy starting from April 1 last year was only Rs 5 lakh.
The price of a gas cylinder will change
Government oil companies change the price of gas cylinders on the first day of every month. The new price of the gas cylinder will also be released on May 1. Let it be known that prices are increased or reduced. In such a case, the price of the cylinder may change from May 1.
Banks will be closed for 12 days in May
Let me tell you that in May, banks will be closed for a total of 12 days. However, there will be some these days that when banks across the country do not close, they will only close in some states. The list of holidays given on the RBI website includes some holidays, which are effective only at the local state level.