Many changes are going to take place across the country from 1st July. It will have a direct effect on your pocket and life. So you need to know the rules already. Withdrawals from IDBI
ICICI Bank and Bank of Baroda launched Special FDs for Senior Citizens. This special scheme is coming to an end on June 30, 2021. Under these schemes, senior citizens are getting higher interest as compared to normal FD. From July 1, you will not be able to take advantage of these special schemes.
Syndicate Bank customers will have to use the new IFSC code.Syndicate Bank has merged with Canara Bank so the bank's IFSC code will be changed from July 1. In such a case, the existing IFSC code of Syndicate Bank branch will work only till June 30, 2021. The bank's new IFSC code will come into effect from July 1, 2021. Syndicate Bank customers will now have to get a new IFSC code for their bank branch.
Like the base, the unique identity of each piece of jewelery will be indisputable.If the jewelry is stolen and lost, it will now be easier to identify its real owner, although this will happen if it has not been melted down and given a new look. Just as all the citizens of the country are identified by UID in the Aadhaar card, the government is going to make UID mandatory for every piece of jewelery from July 1.
LPG cylinder prices may change.On the first day of every month the Central Government announces the price of LPG cylinders. Last month, the government reduced the price of a 19-kg commercial LPG cylinder by Rs 122.Interest rates on small savings schemes can be reduced.Small savings can be a daunting task for those who invest in small savings schemes. The government also cut its interest rates in March for the April-June quarter. But this reduction was later withdrawn. PPF, Sukanya Samrudhi Yojana, Kisan Vikas Patra, Senior Citizen Savings Scheme, National Savings Certificate, Monthly Income Scheme, Time Deposit and Recurring Deposit Scheme come under Small Savings Scheme.
