Business News / These rules related to money will change from April 1, your pocket will be directly affected

Business News: Only a few days are left for the month of March to end. After this the new financial year will begin. With the beginning of the month of April, there are many rules related to money which are going to change. These include changes in the National Pension System and credit card rules. Let us tell you which rules are going to change from April 1, which will have a direct impact on your pocket.

These 5 rules will change

To log into NPS account, two factor verification will have to be done.

Pension Fund Regulatory and Development Authority (PFRDA) has made changes in its login system to protect NPS subscribers from cyber fraud. Now to log in to the NPS account, NPS account holders will need the user ID and password as well as the mobile number linked to Aadhaar. PFRDA is going to introduce Aadhaar-based login authentication in NPS. This rule will come into effect from April 1, 2024.

SBI Credit Card Rules

There is bad news for SBI credit card holders. Now the reward points received on rent payment will be stopped from 1st April. In this, this facility is being discontinued in SBI's AURUM, SBI Card Elite, SBI Card Pulse, SBI Card Elite Advantage and SimplyCLICK credit cards.

Changes in Yes Bank's credit card rules

Yes Bank has decided to give a gift to its credit card holders in the new financial year. Now customers will get free access to domestic airport lounge on spending at least Rs 10,000 in a quarter of the current financial year. The new rules will come into effect from April 1, 2024.

There is going to be a change in the rules of ICICI Bank's credit card.

ICICI Bank is also going to change the rules of its credit card. From April 1, 2024, customers will get complimentary airport lounge access if they spend more than Rs 35,000 in a quarter.

Change in rules of OLA Money Wallet

OLA Money is going to change its wallet rules from April 1, 2024. The company has informed its customers by sending SMS that it is going to increase the limit of small PPI (Prepaid Payment Instrument) wallet service to Rs 10,000.