5 money changes in Oct: Bulk FD rates, UPI MDR, SBI ATM limit cut, LPG KYC & more
The article outlines several financial rule changes in India effective October 2026, including reduced free ATM transactions for SBI salary accounts and new disclosure norms for bulk fixed deposits. These updates impact banking, payments, and personal finance management for Indian consumers.
Why it matters
These regulatory changes directly affect the cost of banking services and the transparency of investment products for millions of Indian citizens.
October brings several changes to your financial life, with some transactions set to get costlier. Several rules covering banking, payments and personal finance are scheduled to change from October 2026.The changes include a reduction in the number of free ATM transactions for certain State Bank of India (SBI) salary account customers, new disclosure norms for interest rates on bulk fixed deposits (FDs), revised charges under the National Pension System (NPS) and mandatory Aadhaar authentication for receiving LPG subsidies.
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