Every month, various big and small rules get updated. From July 1, several important changes will take effect.
These changes are related to Tatkal ticket booking, PAN card applications, and credit card bill payments.
They will directly impact the daily life and spending of common people. Let’s see what will change from July 1.
Changes in Tatkal Ticket Booking Rules
Starting July 1, the Tatkal ticket booking rules will be updated. IRCTC is ready to implement these changes.
As per CMI SK Thakur, you will need OTP verification while booking Tatkal tickets on IRCTC’s website or mobile app.
The ticket will be confirmed only after entering the OTP sent to your mobile.
Updated Rules for Credit Card Bill Payments
Rules for both government and private banks are also changing. ICICI Bank has changed its service charges for some transactions and updated its credit card terms and conditions.
Extra Charges on Online Gaming and Wallet Top-Ups
HDFC Bank has updated its credit card rules. If you spend over ₹10,000 per month on gaming apps like Dream11, MPL, or Rummy Culture using an HDFC credit card, a 1% extra charge will be added.
Likewise, loading more than ₹10,000 in a month into third-party wallets like Paytm, Mobikwik, Freecharge, or Ola Money will also attract a 1% extra fee.
Extra Charges on Utility Bill Payments
Banks will now charge extra on utility bill payments too. If you use an HDFC credit card and pay more than ₹50,000 in a month for utility bills (like electricity, water, or gas), you’ll be charged an additional 1%. The same 1% fee applies if your monthly fuel expenses cross ₹15,000.
New Credit Card Payment Rule
From July 1, the Reserve Bank of India will enforce new rules for paying credit card bills. All such payments must be done through the Bharat Bill Payment System (BBPS).
This will impact major fintech platforms like PhonePe, Cred, BillDesk, and Infibeam Avenues. Currently, only eight banks support BBPS for credit card bill payments.
ATM Transaction Charges
ICICI Bank will now charge for ATM usage. If you use another bank’s ATM more than three times a month, you will be charged ₹23 for financial transactions and ₹8.5 for non-financial ones.
Aadhaar Mandatory for PAN Card
If you don’t have a PAN card and want to apply for one, an Aadhaar card is now a must. According to CBDT, starting July 1, 2025, Aadhaar will be required to get a new PAN card.
If you already have both PAN and Aadhaar, it’s important to link them. Existing PAN holders can link their Aadhaar without a fine until December 31, 2025.
