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Change Banking Rule To GST Registration know: With the beginning of November 2025, changes are being made in many financial rules in the country. These changes will have a direct impact on bank customers, pensioners and those making digital payments. New rules to banking system, Aadhaar update, pension process and GST registration are now being implemented. Let us know what these changes mean and how they will affect the common people.

From November 1, bank customers will be allowed to nominate a maximum of four people in their account, locker or safe custody item. Earlier only one or two nominees were allowed. This change will make it easier for family members to get money in case of emergency and will also reduce the possibility of legal disputes. Now the process of adding or changing nomination has also been simplified, so that customers will be able to do it easily both online or at the bank branch.

Changes in SBI credit card and digital payment rules

Some new fee rules will also be applicable for credit card users of State Bank of India (SBI). Now 1 percent fee will be charged on education transactions through third party payment apps. Apart from this, if a person adds more than Rs 1000 to the wallet, the same fee will be applicable on him also. Its objective is to make the digital payment system more transparent.

Aadhaar update process made easy

The Unique Identification Authority of India (UIDAI) has made the Aadhaar update process easier. Now a person will be able to change details like name, address, date of birth and mobile number online and there will be no need to upload documents for this. However, if someone wants to get their biometrics (fingerprint or iris scan) updated, they will have to go to the nearest Aadhaar centre. According to the new fees, the price of non-biometric update has been fixed at Rs 75 and the price of biometric update has been fixed at Rs 125.

Big time for pensioners

The month of November is very important for pensioners. They will have to submit their Life Certificate between 1st and 30th November, so that there is no hindrance in their pension. Apart from this, the last date for switching central government employees from National Pension System (NPS) to Unified Pension Scheme (UPS) has been extended till November 30. This will give them more time to take decisions.

Reforms in GST Registration System

The new GST registration system will also be implemented from November 1. Its objective is to make the registration process simple and fast for small businesses, so that they can easily comply with the rules.

With all these changes, November 2025 can prove to be a big turning point for India’s financial system. Bank customers, businessmen and pensioners should all be aware of these rules, so that there is no hindrance in their transactions and services.

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