There are many such changes at the beginning of every month which affect both the lives and pockets of the common people. This time, some big rules are going to change from 1 May 2025, which will directly affect your everyday life, banking, travel and kitchen budget. If you also use banking services, railway travel, LPG cylinders, fixed deposits or savings accounts, then it is important for you to know these changes. Changing these rules can increase your expenses or in some cases you may also get new facilities.
In this article, we will know in detail which five big rules are going to change from May 1, what will be the effect on your pocket, and how you should prepare in advance. Whether you are employed, traders or students, these changes will affect your financial planning and everyday expenses. Therefore, read further and learn which new rules will apply and what you should take care of.
5 big rules changing from 1 May 2025 (5 big rule changes from 1 May 2025)
| Name of rules | New change/impact |
| ATM withdrawal fee | After free limit, every transaction increased from ₹ 19 to ₹ 23 charge |
| Railway ticket booking rules | No travel in sleeper/AC on waiting tickets, advance booking 120 to 60 days |
| LPG cylinder price | Like every month, the price will change on May 1, impact on the budget |
| Fd rur savings account rates | Changes in interest rates can be possible, low interest |
| RRB merger (one state, one RRB) | Rural banks merger in 11 states, change in banking services |
ATM withdrawal Charges Change
Withdrawing money from ATMs from 1 May 2025 will become expensive. Till now you used to give ₹ 19 on every transaction after the free limit, but now this charge will increase to ₹ 23. Similarly, even after checking the balance, the charge will increase from ₹ 6 to ₹ 7. The limit of free transactions will remain the same-5 free transactions at your bank’s ATM and 3 free transactions in metro cities at other bank ATMs and 5 free transactions in non-Metro.
- Increasing ATM withdrawal charges will directly affect the pockets of those who withdraw money from the ATM again and again.
- Try to withdraw money inside the free limit.
- Balance checks should also be done carefully, because now it will also be charged more.
New rules of railway ticket booking
Railways have also made a big change in their ticket booking rules from May 1. Now we will not be able to travel on waiting tickets in sleeper and AC coaches. Only General Coach will be possible to travel on waiting tickets. Apart from this, the time for advance ticket booking has been reduced from 120 days to 60 days.
- Passengers will have to plan in advance by changing the Railway Ticket Booking Rules.
- Passengers with waiting tickets will no longer be allowed to travel in sleeper or AC coaches.
- Ticket cancellation and refund charge can also increase, which can make travel expensive.
Changes in LPG Cylinder price
Like every month, this time also the prices of LPG cylinders will be changed on 1 May. Last month, the government increased the price of all cylinders by ₹ 50. This time too, the price may increase or decrease, but it will directly affect the budget of your kitchen.
- LPG Cylinder Price Change will affect the domestic budget.
- Under the Ujjwala scheme, the price of the cylinder can be ₹ 550 and ₹ 853 per cylinder for common consumers.
- Prices will be reviewed every fifteen days from now, which will lead to changes.
Changes in FD and Savings Account Rates
Banks can change the interest rates of their FD and savings account after a change in repo rate by RBI. Many banks have reduced interest rates in the last few months. There is a possibility of change in interest rates even after May 1.
- Changes in FD and Savings Account Interest Rate will affect your earnings.
- On getting a low interest rate, the returns available in fixed deposits and savings accounts may decrease.
- Banks can review the interest rate every quarterly, so be updated.
RRB merger – one state, one RRB
From May 1, regional rural banks will be merged in 11 states. Now there will be only one big rural bank in every state. This will provide improvement in banking services and more convenience to customers.
- RRB Merger will strengthen the banking network.
- Customers will be able to get all services in the same bank.
- This change will be applicable in Andhra Pradesh, Uttar Pradesh, West Bengal, Bihar, Gujarat, Jammu and Kashmir, Karnataka, Madhya Pradesh, Maharashtra, Odisha and Rajasthan.
Other necessary changes
- UPI Transaction Limit: Now you can do transactions from UPI only up to Rs 1 lakh in a day. Merchant payment above Rs 2,000 may charge 1.1%.
- KYC Update: It will be necessary to update KYC from time to time for banking services. Now KYC can also be done online through E-KYC.
- Digital Payment Security: For digital transactions above Rs 5,000, two-factor authentication will be necessary.
- Loan Processing Fees: Home loan, personal loan and auto loan processing fees have been changed.
The rules that change from May 1 have an impact on your pocket
- Increasing ATM Charges will cost more on withdrawing money.
- With the new rules of railway tickets, the travel will have to be planned first and the travel facility on waiting tickets will be limited.
- Increase in the price of LPG cylinder can deteriorate the kitchen budget.
- The decrease in interest rates in FD and savings account will affect your savings.
- Grameen Bank merger can make banking services easier, but there may be some problems in the beginning.
How to face these changes?
- Plan your bank transactions in advance, so that it remains inside the free limit.
- Book railway tickets first and avoid waiting tickets.
- Keep an eye on the prices of gas cylinders and booking according to the need.
- Check the interest rates of different banks for FD and savings account.
- Get information about new changes for rural banking services.
Brief summary of changes associated with 1 May 2025 (Table overview)
| Field of change | New rule/impact |
| ATM Withdrawal | ₹ 23 per transaction (after free limit) |
| Railway ticket | No travel in sleeper/AC on waiting tickets |
| LPG cylinder | Prices change, ₹ 550 – ₹ 853 per cylinder |
| FD/savings account | Potential reduction in interest rates |
| RRB merger | The same rural bank in 11 states |
| UPI transaction limit | 1 lakh rupees per day, charge above 2,000 |
| KYC update | Periodically compulsory, e-KYC option |
| Digital payment security | Two-factor authentication above 5,000 |
Frequently asked questions (FAQ)
Q1. Will withdrawing money from ATM now become expensive now?
Yes, after the free limit, every transaction will be charged ₹ 23.
Q2. What is the biggest change in railway ticket booking?
Now you will not be able to travel on waiting tickets in sleeper and AC coaches, only general coaches are possible.
Q3. How will the price of LPG cylinder be known?
Prices are reviewed on the first date of every month, you can check from your dealer or online portal.
Q4. When does the interest rate of FD and savings account change?
Banks review the interest rates according to every quarter or RBI instructions.
Q5. What will be the benefit of RRB Merger?
Rural banking services will be available in the same bank, which will increase the facility.
Disclaimer:
This article is based on the possible rules and changes to be implemented from 1 May 2025. All information is based on publicly available news and banking updates. Changes in the rules can be made at any time by the government or concerned institutions, so contact your bank, railway authority or gas agency for final information. This article is written only for the purpose of giving information and is not an option for any type of government announcement.
