From October 1, 2025, several important regulations will come into effect across India.
These changes will directly affect banking services, cheque clearing, railway ticket booking, speed post charges, and pension schemes. Here’s a detailed look at what’s changing:
New Rule for HDFC Bank Imperia Customers
HDFC Bank has notified its Imperia customers that the terms of Total Relationship Value (TRV) are being revised.
For customers enrolled in the program by June 30, 2025, the new rules take effect from October 1, 2025.
Customers will now need to maintain higher balances in their accounts and investments to continue enjoying Imperia premium services.
RBI’s Cheque Clearing System To Change
The Reserve Bank of India (RBI) is overhauling the cheque clearing process.
Currently, cheques are cleared in batches at fixed times.
From October 4, 2025, the Continuous Clearing System will be introduced. This will allow money to be settled as soon as a cheque is cleared.
The rollout will happen in two phases:
Phase 1: October 4, 2025 – January 2, 2026
Phase 2: From January 3, 2026 onwards
Customers will benefit from same-day or faster cheque clearance.
PNB Revises Charges
Punjab National Bank (PNB) has updated its service charges effective October 1, 2025.
Locker rent has been increased.
Charges will now apply for failed Standing Instructions (SI) and nomination changes.
Stop payment charges remain unchanged.
Railway Ticket Booking Rule Update
From October 1, 2025, IRCTC will require Aadhaar authentication for general ticket bookings.
This step is aimed at preventing misuse and fraudulent bookings.
Yes Bank Salary Account Charges
Yes Bank has revised charges linked to salary accounts, effective October 1, 2025.
Changes cover cash transactions, ATM withdrawal limits, debit card fees, and penalties for bounced cheques.
Speed Post Rates To Rise
India Post is increasing Speed Post tariffs from October 1, 2025.
New rates will apply across different categories, with GST charged separately.
A new OTP-based delivery system will also be launched, ensuring parcels are delivered only after the receiver provides the correct OTP — adding extra security and convenience.
PFRDA CRA Charges Increased
The Pension Fund Regulatory and Development Authority (PFRDA) has raised fees for Central Recordkeeping Agencies (CRAs).
Applicable to schemes like NPS, NPS Lite, UPS, and APY.
These revised charges apply to both online and offline account maintenance.
Deadline To Switch From NPS to UPS
For central government employees, the last date to switch from the National Pension System (NPS) to the Unified Pension Scheme (UPS) is September 30, 2025.
From October 1, 2025, the switch option will no longer be available.
Employees who had earlier chosen UPS can also return to NPS until September 30, 2025.
The NPS offers the benefit of 100% equity investment.
