5 key rule changes from October you must know
Five significant rule changes set to take effect in October 2026 impact banking, payment, and personal finance sectors. The Reserve Bank of India (RBI) will mandate new disclosure requirements for bulk fixed deposit (FD) interest rates, while the National Pension System (NPS) will see revised charges for Points of Presence (PoPs).
SBI salary account holders will now be limited to only five free monthly transactions at other bank ATMs, down from ten, as of October 1. Additionally, UPI merchant transactions exceeding Rs 2,000 will incur a Merchant Discount Rate (MDR) beginning October 15, affecting approximately 96% of P2M transactions. Lastly, domestic LPG consumers must complete Biometric Aadhaar Authentication by October 1 to continue receiving subsidised refills at the regulated selling price.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- ‘UPI must remain zero MDR’: Mobile retailers announce October 2 protest timesofindia.indiatimes.com
- Mobile phone retailers to protest against UPI MDR charges on October 2 thehindu.com
- Mobile phone retailers to protest against UPI MDR charges on October 2 hindustantimes.com