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New Delhi, August 29, 2025 – As the calendar turns to September, households across India should brace for several major changes that will directly impact their daily expenses, banking habits, and financial planning. From higher LPG cylinder prices to revised banking charges, the new rules effective from September 1, 2025, will influence everything from your kitchen budget to your savings strategy. Knowing these updates in advance can help you manage your money smartly and avoid unnecessary expenses.

Here are the five most important changes coming into force tomorrow:

1. Silver Jewellery and Utensils to Come Under Hallmarking Rules

Until now, hallmarking was mandatory only for gold jewellery, but starting September 1, the rule will extend to silver ornaments and utensils as well. This means any silver product you purchase will carry a guarantee of purity. Consumers can now expect greater transparency and protection from counterfeit or adulterated products.

Jewellers, however, believe that the additional compliance might trigger slight price fluctuations in the silver market. Nevertheless, customers will ultimately benefit from better quality assurance.

2. New Charges for SBI Credit Card Holders

India’s largest public sector bank, State Bank of India (SBI), is introducing fresh charges for its credit card users. From tomorrow, cardholders will face a 2% penalty if their auto-debit payment fails.

Additionally, transactions made at petrol pumps and international purchases will attract higher fees. Even reward points earned through online shopping are likely to lose some of their value. This move could tighten household budgets for millions of SBI customers who actively use credit cards for everyday spending.

3. LPG Cylinder Prices to Be Revised

The beginning of every month marks the price revision of LPG cylinders, and September will be no exception. On September 1, oil marketing companies will announce the updated rates.

If prices rise, households will feel the pressure directly in their kitchen expenses, especially with the festive season approaching. On the other hand, a price cut could bring much-needed relief to families already grappling with inflation. Either way, the announcement will play a decisive role in shaping household budgets in the coming weeks.

4. ATM Withdrawals to Get Costlier

From tomorrow, several banks will revise their rules on ATM cash withdrawals. Customers will now have to pay additional charges if they exceed the free withdrawal limit allowed by their bank.

This change makes it essential for account holders to plan their cash withdrawals more carefully. Unplanned or frequent ATM visits could translate into higher charges, making digital transactions a more cost-effective option.

5. Fixed Deposit (FD) Interest Rates May Change

September also brings possible adjustments in Fixed Deposit (FD) interest rates. Currently, most banks are offering returns in the range of 6.5% to 7.5%, but experts anticipate a downward revision in the coming days.

For savers, this means today might be the best time to lock in higher rates before the changes take effect. A decline in FD returns would reduce guaranteed income for retirees and conservative investors who rely heavily on fixed-income instruments.

What This Means for You

From rising fuel and utility expenses to revised banking norms, September 1 marks a significant turning point for household budgets in India. The extension of hallmarking rules to silver will boost consumer confidence, while changes in SBI’s credit card policy and ATM withdrawal charges could lead to tighter financial planning. The biggest uncertainty, however, remains around LPG cylinder prices, which have a direct and immediate impact on every Indian household.

With the festive season around the corner, these updates make it crucial for individuals and families to reassess their spending, savings, and investment strategies. By staying informed and making timely decisions—such as locking in FD rates or planning cash withdrawals wisely—you can minimize the financial strain and make the most of the coming months.

Bottom Line:
September 1, 2025, will bring multiple financial changes that affect day-to-day life. Whether it’s the kitchen budget, bank fees, or investment returns, being prepared can help you navigate these shifts smoothly. Keep an eye on tomorrow’s announcements, especially regarding LPG prices, as they will determine how much extra you might need to set aside for household expenses this festive season.