From UPI to LPG... many big rules will change from August 1..
New Rules from 1st August 2025: Like the first day of every month, this time too many important rules are going to change from 1st August 2025. These changes can directly affect the daily expenses, services, and digital transactions of the common people. From the price of LPG cylinders to the UPI transaction limit, many changes can affect both your pocket and convenience. Apart from this, the prices of bank holidays, credit card insurance, and CNG / PNG can also change from August 1. In such a situation, if you know these updates in advance, then you will be able to do your financial planning properly. LPG cylinder prices may change. Like every month, this time also on August 1, oil companies will review the prices of LPG cylinders. Last time on July 1, the price of a commercial gas cylinder was reduced by Rs 60, while there was no change in the price of a domestic cylinder. Now it is expected that from August 1, there may be relief in the price of a domestic LPG cylinder. If this happens, then the general public will definitely get some relief, and kitchen expenses may be reduced.
A change in CNG and PNG prices is also possible.
Oil companies also revise the prices of CNG and PNG on the first of every month. However, there has been no change in them since April. Last time on April 9, the price of CNG in Mumbai reached ₹ 79.50 per kg and PNG ₹ 49 per unit. Now, in August, once again, a change in their prices is possible. If the price increases, then the cost of transport and domestic gas may increase.
A change in the ATF price will affect air passengers.
On August 1, oil companies can also change the rates of ATF (Air Turbine Fuel), i.e., aircraft fuel. If the price of aviation fuel increases, air tickets may become expensive. On the other hand, if the prices are reduced, the journey may become cheaper. This change will directly affect air passengers.
New rules related to UPI will be implemented.
To make digital payments better and safer, some new rules (UPI New Rules 2025) related to UPI will be implemented by the National Payments Corporation of India (NPCI) from August 1. Now, balance can be checked only 50 times a day on third-party apps like Google Pay, PhonePe, or Paytm. At the same time, bank accounts linked to a mobile number on any UPI app can be viewed only up to 25 times a day.
Apart from this, AutoPay transactions like SIP or OTT subscription of mutual funds will now be processed only in 3 fixed time slots of the day, before 10 am, from 1 pm to 5 pm, and after 9.30 pm. In this way, the load on the system will be reduced, and the problem of transaction failure will be reduced.
Long list of bank holidays in August
According to the RBI, in August 2025, banks will remain closed for a total of 15 days (Bank Holidays in August 2025) across the country, according to different states and festivals. Apart from festivals like Independence Day, Janmashtami, and Ganesh Chaturthi, it also includes holidays on Sundays and second to fourth Saturdays. In such a situation, it would be better to finish the necessary banking work in advance, so that there is no delay in any important work.
Insurance coverage available on a credit card will be discontinued.
If you are an SBI card user, then some changes can directly affect you from August 11. SBI has decided to stop the free air accident insurance available on some co-branded credit cards. Till now, this cover was available from Rs 50 lakh to Rs 1 crore, but now these benefits will not be available on ELITE and PRIME cards, which SBI had issued in collaboration with UCO Bank, Central Bank, Karur Vysya Bank, Allahabad Bank, and PSB. This can cause a big loss to the cardholder, especially those who relied on free insurance benefits.
RBI will decide on interest rates
The Monetary Policy Committee of the Reserve Bank of India (RBI MPC Meeting) is to meet from August 4 to August 6. In this meeting, Reserve Bank Governor Sanjay Malhotra will decide with the panel whether any change should be made in the interest rates or not. This can have a direct impact on the EMI of your loan and the interest rate of the savings account.
2000 rupees of the 20th installment will come into the account of farmers on August 2
The 20th installment of PM Kisan Yojana (PM Kisan 20th Installment) is going to be released on 2 August 2025. On this day, Prime Minister Narendra Modi will send this amount of Rs 2000 to the accounts of farmers in a special program in the parliamentary constituency of Varanasi. This money will come directly to the bank account through DBT. With the release of this installment, about 9.3 crore farmers of the country will get a big benefit.
Information about the changes in August is important.
All these changes that will be implemented from August are directly related to your daily life, expenses, digital payments and financial planning. Therefore, it is important that these new rules are understood in time and your planning is adjusted accordingly. If you are an LPG user, make digital payments, are connected to banking or use a credit card, then this information is very important for you. It is wise to keep an eye on these rules to keep your budget under control.
Disclaimer: This content has been sourced and edited from NDTV India. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.
