Rule Changes in September: After August, the new month September is ready to come. Usually, in every new month, there is definitely some change in the financial rules in the country. In this episode, many changes are going to happen in the new month of September as well.
This includes Aadhaar card free update to Rs 2000 note exchange. Let us see what changes are going to happen in the coming new month of September and how it will affect you.
Rs 2,000 notes will be out of circulation
The Reserve Bank of India (RBI) had announced in the month of May that the Rs 2000 note would be out of circulation. The central bank had fixed the deadline for exchange or deposit of 2000 notes from 23 May 2023 to 30 September 2023. In such a situation, if you have not yet exchanged the 2000 rupee note, then get this work done soon.
Axis Magnus Credit Card
Axis Bank, a leading private sector bank in the country, offers Magnus Credit Card facility free of cost to its customers. But the bank has now shared information on its official website that from September 1, the facility of annual fee waiver will not be provided on Magnus Credit Card, i.e. customers will be charged for the same.
Aadhaar Card Update
The Unique Identification Authority of India (UIDAI) is providing the facility of updating Aadhaar to the people for free. But this facility will end after 14 September 2023. In such a situation, UIDAI has urged people that those who have not updated their Aadhaar card for 10 years must get their Aadhaar card updated by September 14.
Pan-Aadhaar Link
If you have not linked your PAN and Aadhaar card, then definitely do this work by 30 September, because the government has once again made it clear that if any person does not link his PAN and Aadhaar, then 1 PAN card will be canceled on October 2023. That is, you will not be able to use your PAN card. With this b your bank account will also be closed.
Demat Account Enrollment
Along with this, if your PAN and Aadhaar are not linked, then it will affect your demat account as well. In this series, SEBI has extended the deadline for nomination or withdrawal of nomination for trading and demat account holders till 30 September 2023.
SBI We Care
The deadline for the Special Senior Citizen FD scheme of India’s largest public sector bank State Bank of India (SBI) is 30 September 2023. In such a situation, senior citizens can invest in this scheme till 30 September. In this, senior citizens get interest at the rate of 7.50 per cent on FD. The name of this FD scheme of Bank State Bank of India is SBI Wecare.
Amrit Mahotsav FD (Amrit Mahotsav FD)
IDBI has launched a special FD scheme. The name of this FD of IDBI is Amrit Mahotsav FD Scheme. In this FD scheme of 375 days, the general citizen gets 7.10 percent interest and the senior citizen gets 7.60 percent interest. Whereas, under FD of 444 days, the common citizen is getting interest at the rate of 7.15 percent and the senior citizen is getting 7.65 percent.
