Business / These 5 rules will change from May 1, from gas cylinder to banking rules, there will be a big change, today you know

New Delhi: Only one day is left for the month of April to end. From May 1 (Changes from 1 May), many new types will be implemented for the general public, so before the coming of May, you must know about these rules. It includes many rules related to banking, gas cylinder (LPG Cylinder), Covid Vaccination, which will directly affect the general public's pocket, so you must know all these rules-

Axis Bank has changed the rules for keeping minimum balance in savings account with effect from 1 May. Withdrawal of cash from ATMs after free limit from May 1 will have to pay double charge as compared to the present time. Apart from this, the bank has already increased the charge for other services. Let us tell you that Axis Bank has increased the minimum average balance limit from 1 May 2021. The minimum balance requirement has been increased from Rs 10,000 to Rs 15,000 for an account with Easy Savings schemes of Axis Bank.

The third phase of vaccination is scheduled to begin May 1 amidst the growing havoc of the Corona epidemic. In this third phase, all people above 18 years of age will be vaccinated. In the third phase vaccine campaign, the government has changed many rules and also introduced many new rules. Please tell this time that the government has made the process of online registration necessary.

Let me tell you that amid the second wave of Corona, the insurance regulator IRDA has directed to double the cover amount of the Arogya Sanjeevani policy. Insurance companies will have to offer a policy covering up to Rs 10 lakh by 1 May. Apart from this, the maximum coverage limit of the Arogya Sanjeevani Standard Policy starting from April 1 last year was only up to Rs 5 lakh.

Government oil companies change gas cylinder rates on the first of every month. New prices of gas cylinders will also be released on 1 May. Tell that prices are either increased or cut again. In such a situation, the prices of cylinders may change from May 1.

Let us tell you, in the month of May, banks are going to remain closed for a total of 12 days (Bank Holidays In May 2021). However, some of these days will also be such that when the banks of the entire country will not be closed, they will remain closed in some states only. The holiday list given on the RBI website contains some holidays that are effective only at the local state level.