From August 1, 2025, many important changes related to everyday life are going to be implemented in the country, which can have a direct impact on your expenses, transactions, and monthly budget. Whether you make payments through UPI (Unified Payments Interface) throughout the day, you have an SBI Credit Card, or you wait for an LPG cylinder every month, the rules are going to change on all these fronts. It is very important to be alert about these changes coming from the National Payments Corporation of India (NPCI), the banking regulator RBI, and oil companies. Let us understand all these changes in detail so that you can prepare in advance!
1. Changes in digital transactions
From August 1, many new changes will be implemented in the rules for using UPI. Now, if you transact with apps like Paytm, PhonePe, or Google Pay throughout the day, then it is important to keep these limits in mind. Now you will be able to check your bank balance only 50 times a day.
The bank account linked to a mobile number on any one UPI app can be viewed only up to 25 times a day. AutoPay transactions will now be processed only in three fixed time slots. According to NPCI, these changes are being made to make the system faster and secure, so that unnecessary load does not increase on the network.
2. Bad news for SBI credit card holders
If you are a co-branded credit card holder of SBI, then from August, there is going to be a big change in your free insurance cover. SBI has decided to discontinue the air accident insurance cover available on many of its ELITE and PRIME cards. Earlier, insurance cover of ₹ 50 lakh to ₹ 1 crore was available on these cards, but now this facility will be discontinued. This change will apply to partner cards of SBI-UCO, Central Bank, Karur Vysya Bank, and PSB.
3. Possibility of change in LPG cylinder prices
Like every month, this time too, on August 1, there may be a change in the prices of domestic and commercial LPG cylinders. In July, commercial cylinders became cheaper by ₹ 60, but the prices of domestic LPG cylinders remained stable. This time, it is expected that domestic consumers may get some relief. If prices decrease, it will be good news for people struggling with inflation.
4. Keep an eye on CNG and PNG prices
Oil companies often revise the prices of CNG and PNG on the first of the month. However, there has been no change in this since April. Last time in April, the price of CNG in Mumbai was ₹ 79.50 per kg, and PNG was ₹ 49 per unit. Now it has to be seen whether there is any change in August or not.
5. Impact of ATF prices on airfares
There is also a possibility of a change in the prices of Air Turbine Fuel (ATF), i.e., aircraft fuel. If ATF is expensive, then airfares may increase. If it is cheap, then passengers can get relief. Oil companies also revise the prices of ATF on the first of every month.
6. RBI Monetary Policy Meeting
In August, the RBI Monetary Policy Committee (MPC) meeting will be held between August 4 and August 6, in which important decisions related to interest rates can be taken. RBI Governor Sanjay Malhotra can announce a change in rates after the meeting, which can affect home loans, car loans, and your monthly EMI. If there is a change in the repo rate, your loan installments may increase or decrease.