Curated By: Business Desk
Last Updated: November 30, 2023, 18:05 IST
Lounge entry for HDFC Regalia Credit Card will primarily based on the spending.
The National Payments Corporation of India has requested fee apps to deactivate the UPI IDs and numbers that haven’t been lively for greater than a 12 months.
The final month of the 12 months will start from tomorrow. But with the brand new month, a number of guidelines may even come into impact. These guidelines might have an effect on each your month-to-month funds and every day life. Here is the listing of latest guidelines which can be applied from December 1, 2023.
SIM Cards
The new SIM Cards guidelines launched by the federal government in August this 12 months will lastly come into power from December 1. The guidelines will herald a string of modifications together with the sale of bulk SIM playing cards, necessary registration of PoS franchises, brokers and distributors by telecom operators and police verification of SIM sellers. The guidelines additionally be aware {that a} subscriber should undergo all the KYC course of for SIM substitute and there can be a 24-hour bar on outgoing and incoming SMS amenities.
Property Documents To Be Returned
The Reserve Bank Of India (RBI) on September issued a directive discover to all banks, asking them to launch all movable or immovable property paperwork upon receiving full compensation and closure of the mortgage account. The rule contains all business banks, small finance banks and regional rural banks. These measures are relevant to all circumstances the place the discharge of unique property paperwork falls due on or after December 1. If the banks fail to take action then they are going to be fined Rs 5,000 per day in case of delay.
Pension renewal
Every 12 months by November 30, central and state authorities pensioners should submit their certificates or Jeewan Praman Patra so as to proceed receiving pensions. Pensioners can go to a financial institution department, submit on-line or go for a doorstep banking service to submit their Jeevan Pramaan Patra.
Tweaked Rules of HDFC Regalia Credit Card
From December 1, the lounge entry program for the HDFC Regalia Credit Card will primarily based on the cardholder’s spending. Cardholders who spent Rs 1 lakh or extra in a calendar quarter can avail of as much as two complimentary lounge entry vouchers as a part of the quarterly milestone profit.
Deactivate Unused UPI IDs This December
The National Payments Corporation of India (NCPI) has requested fee apps, comparable to Google Pay, Paytm, PhonePe and many others and banks to deactivate the UPI IDs and numbers that haven’t been lively for greater than a 12 months. The authorities physique within the pointers has instructed that this have to be finished by the Third Party App Provider (TPAP) and Payment Service Provider (PSP) and implement the identical by December 31, 2023.
