We know that the rules related to the bank are changing day by day. We often go to the bank and many times we do not know that many rules are changing. We put Then we need to know that many rules related to banks are going to change.
As the month of August is going to start from Monday, many rules related to banks and atms are going to be changed due to which it will have a direct impact on our pockets, so we will tell you what those rules are and which rules will be changed.
Following the RBI guidelines on check clearance, Bank of Baroda has made some changes in its check payment rules. The bank has told its customers that the positive pay system will become mandatory for check payments of Rs 5 lakh or more from August 1. Apart from that check payment cannot be made.
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Banks will be closed for a total of 13 days in the month of August. As major festivals like Rakshabandhan, Janmashtami, Ganesh Chaturthi fall in the month of August, total 13 public holidays fall in this month so banks will be closed on those days.