These important rules will change from March 1
Changes from 1st March: There are going to be many changes related to your bank and money from 1st March 2021 (1st March 2021), then you must know about these changes.
- February 28, 2021, 9:52 AM IST
1. This change of Bank of Baroda is being implemented
After the merger of Vijaya Bank and Dena Bank in BoB, the IFSC codes of both banks will be changed from 1 March 2021. That is, you will not be able to transact with the old IFSC code. Bank of Baroda has also said that customers can get check books with new MICR code by 31 March 2021.
Also read: SBI Pension Loan: You will easily get a loan of up to 14 lakh rupees, just have to miss this number, learn details ..The merger of Vijaya Bank and Dena Bank with Bank of Baroda (BoB) took effect from 1 April 2019. After this, the customers of Dena Bank and Vijaya Bank became customers of Bank of Baroda.
2. PNSC will also change IFSC Code after merger
Punjab National Bank (PNB) is also making changes in the rules related to IFSC. Punjab National Bank is going to change the old checkbook and IFSC or MICR code of its associate banks Oriental Bank and United Bank of India. Although the old codes will work till March 31, but the bank has asked its customers to get new codes or else there may be problems later.
3. Many special trains will run from March 1
Indian Railways has announced that it will start operating several trains from March 1 before Holi. The passengers of Uttar Pradesh and Bihar will get the maximum relief from the running of these special trains. Apart from this, Western Railway has decided to run 11 pairs i.e. 22 new special trains on different routes. These trains will run between several routes including Delhi, Madhya Pradesh, Mumbai. Some trains have started operating in it. At the same time, some trains will be operational from 1 March 2021.
4. Gas cylinder price will change
If the government oil companies review the prices of gas cylinders on the first date of the month, then the price of gas cylinders may change on 1 March. However, companies have increased the price of cylinders three times in the month of February.
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5. Banks will be closed for 11 days in March
Let us tell you that in March, banks will be closed for 11 consecutive days. Among these, banks will be exempted on March 5, March 11, March 22, March 29 and March 30. Apart from this, 4 Sundays and 2 Saturdays will be closed. That is, there will be no work in banks for a total of 11 days.