On January 1, 2022, when you will be celebrating the new year, then many changes related to your life will have happened. Due to this, your pocket will also be affected. Let us know what are the rules are going to change on the new year.
1- Withdrawing money from ATMs will be expensive
On June 10, 2021, a notification is issued by the Reserve Bank of India. In which it is said that after crossing the free limit from January 1, the customer will have to pay Rs 21 instead of 20 every time he withdraws money from the ATM. Let us tell you, money can be withdrawn from your bank’s ATM 5 times a month for free. Whereas you can withdraw money from other banks’ ATMs 3 times for free.
2- Big update related to EPFO
Today is the last day of the year. In such a situation, today is the last date to complete many important works. Today is the last date to link Universal Account Number (UAN) with Aadhar Card. In such a situation, if the EPFO subscriber does not complete this work today, then the employer will not be able to transfer the monthly money to your account. That is, due to carelessness, you can suffer heavy losses.
According to the information given by EPFO, if the employee does not link UAN with Aadhaar, then the employer will not be able to make monthly investments in the employee’s account from January 1, 2022. Also, investors will not be able to withdraw any money from the EPF account until they link Aadhaar with UAN.
3- India Post Payment Bank
A notification is issued on 3 November 2021 on behalf of Indian Post Payment Bank, in which it has been said that from January 1, 2021, there will be a change in the fee for withdrawing money. If a person crosses the free limit of 4 times a month from the savings account, then he will have to pay more money.
4- Rules related to bank locker
In the notification issued by the Reserve Bank of India, it has been said that from January 1, 2022, the bank cannot run away from the responsibility of fraud or theft with the locker of the customers. Also, customers cannot forcibly ask for insurance for the contents of the locker.
5- Last date for submission of life certificate
All the pensioners have to submit life certificates every year. Failure to do so will result in forfeiture of their pension. This year, the last date for submission of life certificates was earlier extended to 30 November 2021, which was extended to 31 December. In such a situation, the pensioner who has not submitted the life certificate by the given deadline will have to face problems.