Rules Changing From 1st March 2023 Know These Financial Rules Changed From 1st March 2023 That Will Affect Your Pocket

Financial Rules Changing from 1 March 2023: From tomorrow the third month of the year i.e. March will begin. With the beginning of the new month, there will be changes in many rules from Wednesday (Rules Changing From 1st March 2023) which will have a direct impact on your pocket. From March to Bank Holiday (Bank Holiday List of March 2023), many things are going to change, ranging from the price of LPG cylinders, interest rates of bank loans etc. Let us know which financial rules are changing from March 1, 2023, which is going to affect the household expenses of common people-

1. How many days will the banks remain closed in March?

There are a lot of holidays in the month of March. Many festivals like Holi and Chaitra Navratri will be celebrated this month. In such a situation, there will be a total holiday in banks for 12 days in March. This 12 days includes the second and fourth Saturdays and every Sunday off. These holidays will be decided according to the states. In such a situation, if you have to deal with the important work related to the bank, then it is very important to check the bank holiday list of RBI. Otherwise, later your important work may get stuck.

2. Bank loan can be expensive

The Reserve Bank is continuously increasing its interest rates to control inflation in the country. The repo rate has also been increased in the month of February. Since then many banks have increased their MCLR. Banks can continue to increase it further, which can have a direct impact on the common people. Due to this, the interest rate of home loan, car loan, education loan etc. can increase to the customers.

3. CNG and LPG prices may increase

The prices of LPG and CNG are fixed at the beginning of every month. There was no increase in the price of LPG in the month of February. In such a situation, it is expected that this time there may be an increase in their prices.

4. There is a change in the time table of the train

Due to the beginning of summer, Indian Railways has now changed the time table of its trains. From March 1, the Railways has changed the timings of its 5,000 freight trains and thousands of passenger trains. In such a situation, if you also have to travel this month, then definitely check the timing of your train.