With just one day left before the new month begins, May is about to begin. During this time, many rules will change, from LPG cylinder bookings to credit card bookings, which will impact your wallet. Therefore, in this news article, we're going to tell you about these changes in detail.

Changes in LPG cylinder
booking rules: As of May 1st, you will no longer be able to book a second cylinder immediately after its delivery. You will have to wait at least 25 days for bookings in cities and up to 45 days for bookings in rural areas.

The annual premiums for the Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana will be auto-debited
in May. This means that ₹436 and ₹20 will be automatically deducted from your linked bank account. Therefore, beneficiaries of these schemes will need to maintain sufficient balance in their accounts.

In a setback for SBI and Yes Bank,
the State Bank of India may impose late payment charges even on small balances from May 1. Furthermore, Yes Bank will levy an additional 1% charge on utility transactions from May 1.

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