The beginning of April every year in India brings many major changes with the new financial year. This time too, some important rules are going to be implemented from 1 April 2025, which will directly affect the facilities related to the common man’s kitchen, banking, and credit cards. The purpose of these changes is to provide better services to consumers and make the financial system more transparent. Let’s know in detail about these changes.
Overview of April 2025 Rule Changes
| Field of change | main effect |
| LPG cylinder prices | Domestic and commercial cylinders amend the prices |
| Credit card rules | Reward points and benefits cut |
| Minimum balance rule | Different boundaries for urban and rural areas |
| Positive pay system | New rule to stop fraud in check payment |
| UPI Transaction | Provision to remove inactive mobile numbers |
| ATM Transaction Fee | Free transaction limit reduced, additional fee applicable |
Changes in LPG cylinder prices
Oil and gas companies amend the prices of LPG cylinders on the first date of every month. This time too, on 1 April 2025, there will be a change in the prices of domestic and commercial cylinders.
- 14 kg domestic cylinder: It is expected that its price can get relief.
- 19 kg commercial cylinders: Decreases or increasing its price will affect businesses.
- CNG and PNG: Their prices can also be revised, which will affect the expenses of consumers driving vehicles.
- ATF (Air Turbine Fuel): Air travel can become expensive due to its increase in prices.
Credit Card Rule Changes
This news is important for credit card holders as many banks have decided to cut their cards benefits.
Major changes:
- SBI Simplyclick Card: Reward points found on swiggy will be reduced to half.
- Air India Signature Card: Earlier 30 points were available, now only 10 points will be available.
- IDFC First Bank Club Vistara Card: Milestone benefits will be discontinued, and Vistara Silver Membership will not be available.
- Axis Bank Vistara Card: Ticket vouchers and other benefits will be discontinued.
With these changes, consumers will have to rethink their credit card use strategy.
Changes in banking rules
Minimum balance:
From April 1, State Bank of India (SBI), Punjab National Bank (PNB), and other banks have set different limits of minimum balance based on urban, semi-urban, and rural areas.
- If the account holders do not maintain the prescribed balance, the penalty will be imposed.
Positive pay system:
This system will be mandatory for check payment of more than Rs 50,000. In this, the check will have to be given to the bank first so that fraud can be stopped.
Digital Banking:
New features will be implemented to make banking services more secure.
Big change in UPI transaction
From April 1, a new rule will be applicable in the UPI payment system. National Payments Corporation of India (NPCI) has directed banks and payment service providers to remove inactive mobile numbers.
Effect:
- UPI accounts with inactive mobile numbers will be closed.
- This will make the digital payment system more secure.
ATM transaction fee change
This news is important for you if you often withdraw money from ATM.
New rule:
- The limit of free transactions has been reduced.
- Now the fee on every additional transaction will increase to ₹ 23.
This change will affect customers who use ATMs repeatedly in the month.
Disclaimer:
This article is based on possible rules changes to be implemented from 1 April 2025. However, the final decision will be taken by the concerned government departments and companies. Please get the correct information by contacting your bank or service provider.
Conclusion: These changes can have a positive or negative effect on the common man’s pocket. Therefore, it is important that you understand these changes in time and prepare your financial plans according to them.
