New Delhi: On the first day of the last month of the year 2020 i.e. from December 1, 2020, many important services to the common consumers of the country are going to change. This change will have a direct impact on you. In such a situation, it becomes very important for you to know what are those services, in which changes will affect you. So let us tell you that from December 1, the rules from LPG gas cylinders to online transactions are going to change.
There will be a change in the price of LPG cylinder
First of all, let us tell you that the price of LPG gas cylinder is going to change from the first date of December month. After this change, you will have to pay the price of the cylinder at the new rate. However, on the first date of every month there are also prices and there was a change in the price on the first date of the last month. Actually, this happens because petroleum companies revise the price of the cylinder every month.
Rules related to RTGS will be changed
Apart from this, the rules related to RTGS i.e. real-time gross settlement system in banking sector services will also change from 1 December 2020. RBI has decided to provide RTGS service 24×7 i.e. 24 hours seven days to promote digital transactions. With this change, customers can now do RTGS at any time. The rule in this is that through RTGS at least 2 lakh rupees can be transferred from one account to another. There is no maximum amount limit.
Insurance policy will not be closed on default in premium payment
If any insured is unable to pay the premium due to financial tightness or asymmetry in the corona period, then his policy will not be discontinued. However, in case of non-payment of premium on time, the policyholders do not get the full benefit of the policy and the companies discontinue the policy, but under the new rule, after five years, the policyholder can reduce the premium amount by 50%.
Under the new rule, now the policyholder will be considered eligible to continue the policy with half the premium and his policy will not be discontinued. With this, the railway is going to operate some more trains from December 1. These include Jhelum and Punjab Mail.
