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Changes From 1 August 2022: Please Note! Many rules will change from August 1, which will have a direct impact on your pocket

Banking Rules: There is news of work for the customers of the country’s largest public sector bank i.e. Bank of Baroda. From this month, customers will have to follow the positive pay system while making check payments.

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Rules Changing From 1 August 2022: The month of July of the year 2022 has come to an end. The new month will begin in three days. In such a situation, many such changes have been made in the month of August, which will have a direct impact on your pocket. In addition to changes in gas prices in the month of August, changes can also be made in the banking system. Along with this, it is also important to have information about bank holidays this month. With this, you can deal with your important bank related work. We tell you about the things that can have a direct impact on your common life-

The changes happening in the check payment system of

Bank of Baroda are news of work for the customers of the country’s largest public sector bank i.e. Bank of Baroda. From this month, customers will have to follow the positive pay system while making check payments. This is a system in which you have to enter the digital information of a check issued for more than Rs 5 lakh. In the check, you have to enter the beneficiary name, account number, amount, check number etc. through SMS, ATM, Internet Banking and Mobile Banking. After this all this information will be cross verified and only then the check will be cleared. This entire system is called BOB Positive Pay System.

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Read More: ITR: Only 6 days left to file ITR, choose the right form out of these seven 

Banks will remain closed for 18 days this month

Let us tell you that in the month of August, banks will be closed for a total of 18 days. Many festivals like Muharram, Raksha Bandhan, Independence Day, Krishna Janmashtami and Ganesh Chaturthi are going to come in the month of August. Along with this, Saturday and Sunday holidays are also included. In such a situation, before going to the bank, make sure to check the list of holidays once. After this you will not face any kind of problem.

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There may be a change in the prices of LPG

Let us tell you that the price of gas cylinders is likely to change in the month of August. Explain that gas companies can change the price of both domestic and commercial gas. Last time the domestic gas cylinder was increased by Rs 50, while the price of the commercial gas cylinder was cut.

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