Key Changes To Track in February 2024: IMPS New Rule, NPS Partial Withdrawal
5 money changes to track in Feb:
- NPS partial withdrawal rules
- IMPS new rule: From February 1, you will be allowed to transfer up to Rs 5 lakh between bank accounts without adding a beneficiary.
- FASTags eKYC: NHAI stated that it will deactivate FASTags for whom KYC has not been completed; deadline to update FASTag KYC is January 31
- SGB new trance: RBI will issue final tranche of Sovereign Gold Bonds in the 2023-24 series; SGB 2023-24 Series IV will be available for subscription from Feb 12-16
- State Bank of India customers can avail concessions on home loans up to 65 bps lower than the actual card rate; last date for processing fee and concession on home loans is January 31, 2024