1. A bank account can be blocked: KYC is required for SBI customers. SBI has sent an SMS linked to its account holders. According to the bank, the last date for filing the KYC of the bank account for the customers is 28 February. If you do not update your account by KYC by 28 February, your account may also be closed.
2. Changes in LPG prices: People can get the gift of cheap LPG before Holi next month i.e. March 2020. LPG prices change every month across the country. Always big oil marketing companies change and release LPG prices on the first date of the month but this time it did not happen. In February, the price of LPG changed to 12th.
3. 2000 rupee notes will not come out from ATM: This news is important for Indian bank account holders. Yes, from Indian Bank's ATM from 1 March 2000. 'S Note will not be found. According to Indian Bank, cassettes carrying 2000 notes at its ATMs will be disabled. The bank said that customers get Rs 2000. There is difficulty in exchanging banknotes at retail outlets and elsewhere.
4. Changes in lottery rules: From March 1, the lottery will attract 28 percent GST. The GST Council took a decision in December last year. Accordingly, GST will be levied at the same rate of 28 percent from March 1 on lotteries conducted and recognized by the state governments.
5. Rules for withdrawing money from ATM Card of SBI Bank: Reserve Bank of India has issued new rules related to ATM cards i.e. debit cards and credit cards. RBI has asked banks to use only domestic cards at ATMs and PoS at the time of issuing cards in India. A statement issued by the RBI said that a separate approval would have to be obtained for international transactions.
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