As September begins, several important changes are set to take effect, which will directly affect your finances.
These updates will influence your household budget, banking, and investments.
Being aware of these changes in advance can help you plan better. Let’s take a look at the 5 major rules changing from September 1, 2025:
1. Hallmarking Becomes Mandatory for Silver
Until now, hallmarking was required only for gold, but starting September 1, it will also be mandatory for silver.
This means all silver jewellery or items you buy must meet official standards for purity and quality.
This rule aims to protect customers from fraud.
However, experts warn that this change may lead to higher silver prices, so if you’re planning to invest in silver, it’s wise to monitor price movements closely.
2. New Charges for SBI Cardholders
From September 1, State Bank of India (SBI) credit card users will face new charges and rules:
A 2% penalty will be charged if auto-debit payments fail.
Extra charges will apply on international transactions and fuel purchases.
The value of reward points for online shopping may also reduce.
These changes mean customers need to spend more carefully, as unexpected charges could impact their budget.
3. LPG Cylinder Prices to Be Revised
As usual, oil companies will announce new LPG cylinder prices on September 1. These prices are revised monthly based on international crude oil prices and company calculations.
If prices increase, your kitchen expenses could go up.
If prices drop, it could bring some relief to your household budget.
Hence, many households are closely watching this update.
4. Higher Charges for ATM Withdrawals
Starting September, several banks will revise ATM transaction rules.
If you withdraw cash beyond the free limit, you will have to pay higher fees than before.
Banks are trying to promote digital payments, so it’s advised to limit ATM use and rely on online transactions unless cash is absolutely necessary.
5. Changes in Fixed Deposit (FD) Interest Rates
Many banks will review their Fixed Deposit (FD) interest rates in September.
Currently, FD rates range between 6.5% and 7.5%, but market speculation suggests that rates might drop soon.
If you’re planning to invest in an FD, it might be smart to lock in your money now to get better returns before any rate cuts.
