5 October 2026 Money Rules: What Changes for You?

From October 2026, five new rules change how you pay, save, and access LPG. UPI may charge merchants for big transactions, SBI changes zero-balance account fees, and LPG KYC becomes mandatory — all hitting your monthly budget.

Here's what happened: UPI MDR charges begin October 15 for certain transactions above ₹2,000, potentially adding a 1–1.5% cost that merchants may pass on to buyers.. SBI is revising fees and transaction limits on Basic Savings Bank Deposit (BSBD) zero-balance accounts, affecting low-income and first-time account holders.. LPG KYC linkage with Aadhaar is now mandatory — consumers without updated KYC risk losing subsidy credits or facing booking rejections..

What you should do: Check your LPG connection's Aadhaar-KYC status on the MyLPG portal or your distributor's app before October 31 to protect your subsidy.. Log in to your SBI BSBD account and review the updated fee schedule — switch to a regular savings account if your transaction volume exceeds the free limit.. Ask your regular merchant (kirana, medical store, salon) whether they plan to add a UPI surcharge — if yes, budget for it or use cash for larger purchases..

If your merchant levies a UPI surcharge post-October 15, paying via RuPay credit card on UPI may still be exempt — confirm with your card issuer before assuming.