Your daily routine will not remain the same this comingSunday. November 1 brings changes ranging from gas cylinders to traintimetables. Let’s begin.
Gas cylinder’s delivery system is being changed. FromNovember 1 onwards, oil companies now require authentication from theregistered mobile number of the customer who is to receive the cylinder. Theauthentication will be in the form of a one-time authentication (OTP) receivedvia mobile text. This OTP, also called Delivery Authentication Code (DAC) willbe required by the delivery person before he hands over the cylinder.
Indane has updated its automated telephone booking number.This has been intimated to the customers via mobile text also. The new numberwhich a customer needs to call is 7718955555.
Indian Railways is updating train timetables for trains allover India. 13,000 passenger trains and 7,000 freight trains will see changes.These trains include30 Rajdhani trains. Also, Tejas Express will run fromChandigarh to New Delhi every day of the week except Wednesday.
Rates of interest in Savings Bank accounts in SBI will be reduced.From November 1, the annual rate of interest has been reduced by 0.25%. Thecurrent rate of interest on savings bank account with balance less than Rs 1lakh is 3.25%. For savings banks accounts with balance more than Rs 1 lakh, theinterest rate will be as per repo rates.
Bank of Baroda customers too have many changes waiting forthem from November 1. For loan accounts, fourth and more withdrawals in a monthwill be charged at Rs 150 per withdrawal. While for savings bank accounts,fourth or more deposits in a month will be charged at Rs 40 per deposit. ForJan Dhan account holders, there is no charge for depositing but there arecharges per withdrawal, being Rs 100.
Kerala will become the first state in the country to setminimum support price (MSP). The state government’s MSP will be 20% higher.