One day later is May. The modalities of some things are going to change from May 1. These can make some difference in the process of taking things from your pocket. In such a situation, it is very important to know these changes so that you can run your everyday life smoothly.
New Delhi: One day later it is May. The modalities of some things are going to change from May 1. They can make a difference in the process of taking things from your pocket. In such a situation, it is very important to know these changes so that you can run your everyday life smoothly. Let us know about the changes from May 1 –
LPG prices:
Oil companies decide the price of cylinders on the first of every month. In such a situation, the prices of cylinders may change from May 1.
Banks will remain closed for so many days
banks will be closed for a total of 12 days in May. On May 1, Maharashtra is Day / May Day. Labor Day is celebrated on this day. Banks of some states will remain closed on this day. At the same time, banks will be closed due to Sunday on May 2. According to the RBI website, the bank will be closed for a total of 5 days in May (Bank Holidays List May 2021). However, in the list of holidays given on the RBI website, there are some holidays which are effective only at the local state level. Explain that there will not be a 5-day holiday in all the states because some festivals or festivals are not celebrated together in the whole country.
Arogya Sanjeevani Policy The
insurance regulator has also expanded the scope of Aarogya Sanjeevani Policy. Now all companies will have to offer products of MANDATORY INSURANCE POLICY ranging from 50 thousand to 10 lakh rupees. The Arogya Sanjeevani Standard Policy, which started from April 1 last year, had a maximum coverage limit of Rs 5 lakh and in July IRDAI gave a voluntary exemption to increase the limit but not all companies showed interest. Now they have been asked to launch such a policy by 1 May.
Some services are expensive for Axis bank customer
If you have a salary or savings account in Axis Bank then it is bad news for you. Axis Bank has announced to make many of its services expensive from 1 May. In this, you have increased from the charge on withdrawing cash from ATM to the minimum balance charge.
