New Financial Rule Changes from July 1, 2024 (See Details)

From July 3, Jio, Airtel, and Vodafone Idea are increasing their recharge plan prices. Jio’s basic plan, previously Rs 155, will now cost Rs 189.Starting July 3, Jio, Airtel,

and Vodafone Idea will implement new, costlier recharge plans across the country. For instance, Jio’s basic plan, previously priced at Rs 155, will now cost Rs 189.

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Fluctuations in Fuel and Gas Prices

Impact on LPG, CNG, and PNG Prices

The prices of LPG cooking gas cylinders, CNG, and PNG are subject to change on July 1, 2024. While the government reduced commercial cylinder prices last June, it remains uncertain whether these rates will rise or fall this time.

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Special Fixed Deposit Schemes

Opportunity with Indian Bank and Punjab and Sindh Bank

Indian Bank is offering special FD schemes of 300 and 400 days, known as Ind Super 400 and Ind Supreme 300, until June 30, 2024.

Meanwhile, Punjab and Sindh Bank provides FDs ranging from 222 to 444 days, offering up to 8.05% interest, with super senior citizens earning 8.05% on 444-day FDs.

Price Updates for LPG, CNG, and PNG

On July 1, expect changes in the prices of LPG cooking gas cylinders, CNG, and PNG. The government may increase these rates, following adjustments on June 1.

Special Fixed Deposits Offered by Indian Bank

Indian Bank introduces special FD schemes for 300 and 400 days. Named Ind Super 400 and Ind Supreme 300, these schemes are available until June 30, 2024, offering flexibility with callable options.

Special FD Schemes by Punjab and Sindh Bank

Punjab and Sindh Bank offers special FDs ranging from 222 to 444 days with interest rates up to 8.05% for super senior citizens.

New RBI Rules for Credit Card Payments

Starting July 1, RBI mandates all credit card payments through Bharat Bill Payment System (BBPS). This affects platforms like PhonePe, Cred, and BillDesk, ensuring uniform payment processing across banks.

Bank Holidays in July

In July, banks will be closed for 13 days due to weekends and festivals, including Guru Hargobind Ji Jayanti and Muharram. Services like ATM, online banking, and mobile banking will remain available on these days.

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