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New Delhi, August 29, 2025 – The beginning of September 2025 will bring several significant financial and household changes that directly impact the common man. These updates will affect banking transactions, LPG cylinder prices, fixed deposits, and even silver jewellery purchases.

By staying informed in advance, families can plan their budgets better, avoid unnecessary costs, and even take advantage of certain opportunities. Let’s take a closer look at the five major changes coming into effect from September 1.

1. Silver Jewellery Now Requires Mandatory Hallmarking

Until now, hallmarking was compulsory only for gold jewellery. From September 1, 2025, the same rule will apply to silver ornaments and utensils.

This means every silver item sold in the market will carry a hallmark stamp, guaranteeing purity. For consumers, this step provides assurance of authenticity and protection from counterfeit or adulterated products.

Jewellers, however, suggest that silver prices might see fluctuations due to the added compliance. Investors considering silver purchases should keep a close watch on price movements in the coming weeks.

2. SBI Credit Card Users to Face Higher Charges

The State Bank of India (SBI), the country’s largest lender, is set to implement new rules that will increase the cost of using its credit cards.

• 2% penalty will be charged if an auto-debit payment fails.

• Higher fees will apply on international transactions and payments made at petrol pumps.

• The value of reward points on online shopping may also be reduced.

These changes mean that using SBI credit cards may no longer be as cost-effective or rewarding as before. Cardholders will need to be extra cautious to avoid additional expenses.

3. New LPG Cylinder Prices to Be Announced

On the first of every month, oil marketing companies revise the prices of LPG cylinders, and September will be no exception.

The updated prices will depend on global crude oil rates and the rupee-dollar exchange value. If the rates increase, households will face higher kitchen expenses, while a reduction could provide some relief to consumers ahead of the festive season.

Given the direct impact on every home, millions of families are keenly awaiting the September price announcement.

4. ATM Withdrawals to Become More Expensive

As banks continue to encourage digital transactions, new rules will make ATM cash withdrawals costlier.

From September 1, customers exceeding their free withdrawal limit will have to pay extra charges. This step aims to reduce dependency on cash and promote online banking methods.

For account holders, this means planning cash withdrawals more carefully to avoid incurring additional fees.

5. Fixed Deposit (FD) Interest Rates May See a Cut

Many banks are scheduled to review their Fixed Deposit (FD) interest rates in September. At present, most banks are offering returns in the range of 6.5% to 7.5%.

However, market experts anticipate a possible decline in rates. For individuals planning to invest in FDs, now could be the right time to lock in higher returns before the changes take effect.

What These Changes Mean for You

From silver hallmarking to new SBI card charges and possible cuts in FD rates, September 1 brings a mix of opportunities and challenges for consumers. The biggest financial impact may come from LPG cylinder price revisions, which directly affect household budgets.

Here’s how you can prepare:

• Plan jewellery purchases wisely, as hallmarking will ensure purity but may affect silver prices.

• SBI credit card holders should clear dues on time to avoid penalties and higher charges.

• Track LPG announcements, as even small changes can influence monthly expenses.

• Limit ATM withdrawals to stay within free usage limits and save on charges.

• Consider locking in FD rates now if you’re planning to invest, as returns may decline.

Bottom Line

The start of September 2025 will mark the beginning of several key changes that touch the daily lives of millions of Indians. Whether it’s your kitchen budget, savings, or banking habits, these rules will shape how households manage money in the coming months.

Being prepared is the best way to minimize the impact of higher charges and make smarter financial decisions.