The Central Government has issued a major alert for citizens as new rules on banking and Aadhaar will take effect on November 1. Until now, people waited in long queues at Aadhaar centers to update their names, addresses, or mobile numbers.
To simplify the process, the government has launched a new system that lets users update Aadhaar details from home using a mobile phone. Starting November 1, citizens can use this service by paying a ₹75 fee. The goal is to make Aadhaar services more convenient and user-friendly.
The Reserve Bank of India (RBI) has also changed its banking rules. Customers can now add up to four nominees for bank accounts, lockers, and safe custody services. Earlier, only one nominee was allowed.
In addition, the State Bank of India (SBI) will charge a 1% fee on education payments and wallet recharges above ₹1,000 made through third-party apps. These updates aim to make digital transactions smoother and more secure.
