These rules will change from May 1
Rules Changing From 1st May: Many rules are also being changed from the beginning of the new month i.e. from May 1, which will directly affect your pocket. Let’s know what their effect will be on you.
Government oil companies change the prices of gas cylinders on the first date of every month. On May 1, new gas prices will be fixed. In this, whether the prices are reduced or increased. In such a situation, the prices of gas cylinders will change from May 1. (4) Axis Bank is going to change the minimum balance Axis Bank has changed the rules for keeping minimum balance in savings account with effect from 1 May. From May 1 on withdrawing cash from ATM after free limit, you will have to pay double charge as compared to the current time. Apart from this, the bank has already increased the charge for other services. Let us tell you that Axis Bank has increased the minimum average balance limit from 1 May 2021. Now after the free limit is over, in case of cash withdrawal, the bank will charge Rs 10 per 1000 rupees. This fee is applicable from 1 May 2021. Also read: Invest here – double profits will be made in less money, only one time you will get good return on investment (5) The cover amount of the policy will be doubled Amid the second wave of Corona, insurance regulator IRDAI (IRDAI) has directed to double the cover of the Arogya Sanjeevani policy. The insurance companies have told that they have to present a policy with a cover of 10 lakh rupees by 1 May. In the current situation, the coverage limit of the commission commissioned from April 1 was just Rs 5 lakh. That is, people will now get double the benefit than before.