A few days are left for March to end. After this April will start. For your information, let us tell you that from April 1, there will be changes in 6 rules related to money. These include credit card rules and NPS rules. Let us know which rules are changing from next month which will have a direct impact on you.
New rules for NPS
Pension Fund Regulatory and Development Authority (PFRDA) is going to implement a two-layer security system to protect NPS investors from cyber fraud. Under this, two-factor Aadhaar-based authentication will be started. This will be mandatory for all password-based users. The new rule will be implemented from April 1, 2024.
SBI credit card changes
SBI Cards has announced that reward points on rental payments through certain credit cards will stop from April 1, 2024. This includes AURUM, SBI Card Elite, SBI Card Elite Advantage, SBI Card Pulse. At the same time, reward points on rental payments on some credit cards will stop from April 15, 2024.
OLA money wallet
OLA Money announced that it is completely switching to smaller PPI (prepaid payment instrument) wallet services with a maximum wallet load limit of Rs 10,000 per month from April 1, 2024. The company has informed its customers about this by sending SMS.
ICICI Bank Lounge Access
ICICI Bank has announced a change in the terms of complimentary airport lounge access. Customers will have to spend a minimum of Rs 35,000 in the quarter starting from April 1. Only after this will complimentary airport lounge access be unlocked for the next quarter.
Yes Bank Lounge Access Benefits
Yes Bank has also made changes in the policies of its domestic lounge access benefits from the new financial year. According to the bank, all customers will have to spend a minimum of Rs 10,000 in the current quarter to get lounge access in the next quarter.
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