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Many changes take place in the country on the first of every month. Now the month of April is about to end. Only a few days are left in this. After this, the month of May will begin. Many big changes are going to happen on the first date of May (Rules Change From 1 May 2024). These changes will directly impact the pockets of the common man. These include many changes ranging from the prices of LPG cylinders to the charges related to the savings accounts of banks.

You need to know about all these in advance. So that you do not face any kind of problem. In the savings accounts of Yes Bank and ICICI Bank, customers will have to pay more money for the service from May 1. These banks have increased many charges in their savings accounts. The deadline for the scheme run by HDFC for senior citizens is ending on May 10, 2024. There is very little time left for investment in this also. Let us tell you about the changes that are going to happen from May 1.

These big changes are going to happen-

There is a change in the prices of LPG cylinders in the country on the first of every month. Oil marketing companies decide the price of LPG cylinders. Companies fix the prices of 14 kg domestic and 19 kg commercial cylinders. Along with this, the prices of CNG and PNG are also fixed. In such a situation, there may be a change in gas prices on the first of May.

Bank rules will change-

According to the website of Yes Bank, the minimum average balance of different variants of savings accounts has been changed. The minimum average balance in Account Pro Max will be Rs 50 thousand. A limit of Rs 1,000 has been fixed for the maximum charge. Now the minimum balance in Saving Account Pro Plus, Yes Essence SA, and Yes Respect SA will be Rs 25 thousand. The maximum limit of charges for this account has been fixed at Rs 750. With this, now the minimum balance in Saving Account Pro will be Rs 10,000. The maximum limit for charges has been fixed at Rs 750. These changes will come into effect from May 1.

Will have to pay annual fees-

ICICI Bank has also changed the rules of service charges related to its savings account. Now for debit cards, customers will have to pay an annual fee of Rs 200 in urban areas and Rs 99 in rural areas. With this, now you will not have to pay any fee for the bank's 25-page checkbook. At the same time, customers will have to pay a fee of Rs 4 per page. Now the transaction amount of IMPS has been fixed between Rs 2.50 to Rs 15 per transaction.

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