These 5 rules have changed since March 1, so it's important for you to know

New Delhi, 1 March 2020, Sunday

Today marks the start of a new month. Today, that is, from March 1, some rules regarding the banking sector have changed. You also need to know about these important rules and changes.

1. If you are a HDFC Bank customer this is important news for you. From today the old application of the bank has closed. If you downloaded an old HDFC Bank application it will no longer work. You need to download the new HDFC Bank mobile app from the Google Play Store. HDFC Bank has stated that this new app is more secure than the previous app and the user will get more features as well.

2. If you are a customer of Indian Bank then know that you will not get 2 thousand rupees note from ATM today. Earlier, the bank had said that cassettes of Rs 2,000 worth of note cassettes would be removed from the ATMs from March 1. The bank says that the amount of 200 rupee notes will be increased in the machine instead of 2 thousand rupees. For this, the number of cassettes to keep 200 rupees note in the machine will be increased.

3. This will also increase the difficulty of SBI landlords. However, this difficulty will be compounded by those who have not completed the KYC process of their own account. Such a customer will no longer be able to receive cash from the bank.

4. GST will be charged at 28% on lotteries from 1st March. The decision was made in December last year. Now GST will be levied at 28% on state-run and approved lotteries.

5. Today you will not be able to get fastag free from National Highway Authority of India. The National Highway Authority of India had decided to provide Fastag free by February 29. Its deadline has expired.