December Brings Major Shifts: SBI Closes Service, LPG Prices Revised, Bank Holidays & Key Deadlines You Can’t Miss

With the start of December, several new rules have come into effect, directly impacting your wallet and daily life. Whether you use gas cylinders, rely on banking services, or are planning a trip, these updates are crucial for you to know. Let’s take a look at all these significant changes.

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1. SBI Discontinues mCash Service

The country’s largest bank, State Bank of India (SBI), has discontinued its ‘mCash’ instant money transfer service effective December 1, 2025. This service allowed for money transfers by simply entering a mobile number. Payment claims will no longer be accepted through this link.

What are your options?
The bank has advised customers to use secure, fast digital payment options such as UPI, IMPS, NEFT, and RTGS. All of these options are readily available on banking apps and other platforms.

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2. LPG cylinders price

LPG cylinders became slightly cheaper, but in December, oil companies provided some relief in LPG prices. However, this reduction is only applicable to 19-kilogram commercial cylinders.

Delhi and Kolkata: ₹10 less per cylinder.

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Chennai and Mumbai: ₹11 per cylinder less.

Note: The price of the 14.2-kilogram domestic cylinder remains unchanged.

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3. Air travel may become more expensive

Oil companies have raised the price of aviation fuel (ATF), likely increasing the cost of air tickets. The new rates, effective December 1, are as follows:

Delhi: Increased from ₹94,543.02 to ₹99,676.77 per kiloliter

Mumbai: Increased from ₹88,444.87 to ₹93,281.04 per kiloliter

Chennai: Increased from ₹98,089.68 to ₹103,301.80 per kiloliter

Kolkata: Increased from ₹97,549.18 to ₹102,371.02 per kiloliter

If you’re planning a trip in December, keep this in mind when booking tickets.

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4. Check bank holidays before visiting in December

The last month of the year has a high number of bank holidays. Banks will be closed for 17 days in December 2025. These include weekly holidays (Sunday) and two Saturdays (second and fourth). Before completing any necessary tasks, be sure to check the holiday calendar on the RBI’s official website to avoid wasted effort.

5. The deadlines for these essential tasks have passed

Some crucial deadlines have already expirNovember 30ber 30, 2025:

Unified Pension Scheme (UPS): The deadline for government employees to choose between NPS and UPS is November 30.

Submitting Life Certificate: The deadline for submitting a life certificate to continue their pension wasNovember 30ber 30.

No official information has been issued regarding the extension of these dates yet. Affected individuals should contact their respective departments.

Frequently Asked Questions (People Also Ask):

1. Why did SBI discontinue the mCash service?

SBI has discontinued its old ‘mCash’ service to focus on more secure and advanced digital payment options (such as UPI and NEFT). This move is considered a step towards upgrading banking technology.

2. Has the price of a domestic LPG cylinder (14.2 kg) become cheaper in December?

No, the price reduction effective December 1, 2025, applies only to 19 kg commercial cylinders. There has been no change in the prices of domestic cylinders this time.

3. Will air tickets become more expensive in December?

Airlines may raise ticket prices due to higher aviation fuel (ATF) prices. While the final price depends on many other factors, travellers should be prepared to spend a little extra in December.

4. Has the deadline for submitting life certificates for pension been extended?

As of now, there has been no official announcement regarding the extension of the November 30ber 30, 2025, deadline. Those who missed the deadline should immediately contact their pension department or bank to inquire about the correct procedure.

5. How many days will banks be closed in December?

Including weekly holidays and other holidays, banking operations will be suspended for a total of 17 days in December 2025. It would be wise to check the RBI holiday list before visiting the bank for any critical work.

By being aware of these changes, you can better plan your December and avoid any inconvenience.

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