THESE 13 Major Financial Changes from December 1 (See Details)

December is almost here, with only a few days left in November. Important changes are coming, affecting things from gas prices to your pension. Let me tell you about these changes in simple words.

Gas Cylinder Prices: The cost of gas cylinders might change on the first day of December. This can impact both home and commercial cylinders.

Pension: If you get a pension from the government, submit your life certificate before November ends, or your pension might stop. Seniors have specific dates to do this.

SIM Card Rules: From December 1st, buying a SIM card will have new rules. You’ll need proper identification (KYC), and there are limits on buying multiple SIM cards.

HDFC Credit Card: HDFC Bank is changing its credit card program from December 1st. Users must spend a certain amount every three months to access free airport lounge facilities.

Bank Document Return: Starting December 1st, banks face penalties if they don’t return your documents on time after you repay a loan.

SBI Amrit Kalash: SBI extended the deadline for special fixed deposits with interest rates above 7.10 percent until December 31, 2023.

Bank Locker Agreement: If you changed your bank locker agreement before December 31, 2022, you might need to do it again.

Aadhaar Update: If you haven’t updated your Aadhaar details in the last 10 years, do it for free until December 14.

SBI Home Loan Offer: SBI has a special offer on home loans with a rebate until December 31, 2023.

MF, Demat Nomination: The deadline for nominating existing demat accounts and mutual funds is extended to December 31, 2023.

Inactive UPI IDs: Inactive UPI IDs will be deactivated by December 31, 2023, according to new guidelines.

IDBI Special FD: IDBI Bank changed fixed deposit rates, and special FDs are extended until December 31.

Indian Bank Special FD: Indian Bank extended special fixed deposits with high interest rates until December 31, 2023.”

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