There are constant changes in the banking sector and these changes directly affect the bank customers. Since 1 April 2025, some important rules are going to change in major banks of India like SBI, PNB, Canara Bank and HDFC Bank. These changes are being made with the aim of making banking services more secure, transparent and customer-focused.
In this article, we will know in detail about these new rules and understand how these changes will affect the common bank customers. At the same time, we will also know what the customers should take care of after the implementation of these new rules and how can they improve their banking experience.
Banking rules update 2025: Major Changes for SBI, PNB, And Other Banks
A brief description of the major banking rules to be implemented from 1 April 2025:
| shift | Affected bank | major impact |
| Increase in minimum balance | SBI, PNB, Canara Bank | More amount has to be kept in the account |
| Change in ATM withdrawal fee | All banks | The number of free transactions will be low |
| Amendment of interest rates | SBI, PNB | New rates implemented on savings accounts and FD |
| Digital banking expansion | All banks | New features in online services |
| Positive pay system | All banks | Check compulsory for transactions of more than ₹ 50,000 |
| Changes in bank timing | All banks | 5 days a week, work on new time |
| KYC Rules Kadai | All banks | Danger of account closure due to not updating |
Change in minimum balance
Since 1 April 2025, the amount of minimum balance is being increased for saving accounts in major banks like SBI, PNB and Canara Bank. This change will encourage customers to keep more money in their accounts.
- Minimum balance in urban areas can increase from ₹ 3000 to ₹ 5000
- This amount in semi-urban areas can range from ₹ 2000 to ₹ 3000
- Minimum balance in rural areas can increase from ₹ 1000 to ₹ 1500
Customers are advised to contact their bank and get new minimum balance amount for their account.
Change in ATM withdrawal fee
Under the new rules, changes are also being made in the process of withdrawing money from ATM:
- The number of free transactions can be reduced from 5 to 3
- The fee on additional withdrawal can increase from ₹ 20 to ₹ 25
- Other banks’ withdrawals from ATMs will be charged more
Customers are advised to plan their expenses and use more digital payment options.
Amendment of interest rates
Banks are also changing their interest rates:
- Interest rate on savings account can increase from 2.70% to 3%
- Interest rates on fixed deposits can be between 5.5% to 7%
- Senior citizens can get additional 0.5% interest
Customers should keep these new rates in mind when planning their investment.
Digital banking expansion
Banks are improving their digital services further:
- New security features will be added to mobile banking apps
- UPI transaction limit can be increased
- 24 × 7 customer service will be available through AI Chatbot
Customers are encouraged to take advantage of these new features.
Positive pay system
Positive pay systems are being implemented to make large transactions more secure:
- Check will be mandatory for transactions of more than ₹ 50,000
- Customers have to verify their information before depositing checks
- This will reduce the risk of fraud
This system will make large transactions more secure.
Changes in bank timing
Changes are also being made in the working time of banks:
- Banks will now open 5 days a week
- Working time can be from 9 am to 5 pm
- Banks will be closed on Saturday and Sunday
Customers will have to do their banking work in a planned manner according to these new times.
KYC Rules Kadai
Banks are insisting on updating their customers KYC (Know Your Customer) details:
- All customers have to update their KYC every 2 years
- Danger of account closure due to not updating KYC
- Online KYC update facility will be made available
Customers are advised to update their KYC details on time.
Important suggestions for bank customers
After the implementation of these new rules, bank customers should take special care of some things:
- Always keep enough balance in your account
- Take care of the ATM withdrawal limit
- Use more digital banking services
- Update your KYC details on time
- Use checks for large transactions
- Make your plan according to the bank’s new work time
Impact of new banking rules
These new rules can have the following effects on bank customers:
- Need to keep more money in account
- Need to withdraw money less than ATM
- Increased use of digital banking services
- Need additional precautions in large transactions
- Better plan of time to go to bank
conclusion
These new banking rules, which come into force from 1 April 2025, is an attempt to make the Indian banking system more secure, transparent and customer-focused. Although initially customers may have some discomfort, these changes will improve banking experience in the long run. Customers should be aware of these new rules and mold their banking habits accordingly.
Frequently asked questions (FAQs)
- Will these rules apply simultaneously in all banks?
Yes, these rules will be applicable from 1 April 2025 in most major banks. - Do I have to keep more balance in my account immediately?
Yes, after the new minimum balance rules are implemented, you have to keep more amount in your account. - Will withdrawing money from ATM become expensive?
Yes, additional withdrawal will be charged due to the low number of free transactions. - Do I have to update KYC every 2 years?
Yes, according to the new rules, it will be mandatory to update KYC every 2 years. - Will the banks open only 5 days a week?
Yes, banks will open only 5 days a week under the new rules.
Disclaimer: The information given in this article is only for general information. We do not claim that this information is completely accurate. Readers are advised to confirm the information by contacting the concerned department or bank before taking any decision. We will not be responsible for any decision taken on the basis of this information.
