November Key Financial Changes Introduced In 2025 That You Should Know About!

Key Money Rules Changes Nov 2025

All the key money rules changes Nov 2025 are laid down below in detail for one’s better understanding. The changes are very wide and comprehensive, ranging from updates in various sectors like bank nomination amendment November 2025 to FASTag KYV compliance November 2025.

1. Update In Bank Nomination

As per the information released by the Union Ministry of Finance, specifics of the update in the bank nomination amendment November 2025 are as follows:

• Bank account holders can now have a maximum of 4 nominees as per the multiple nominee bank accounts India change. People can also decide the share or percentage of each person’s entitlement.

• Following the successive nominee bank nomination India update, people can also choose their successive nominees who will automatically be in charge after the death of the primary account holder.

• Banks are instructed to inform people about the availability of multiple nominee bank accounts India and the successive nominee bank nomination India update so that people can make informed choices. Please note that this isn’t a compulsion, and in case a person chooses not to nominate anyone, the bank will open their account anyway without any impositions.

• The Reserve Bank of India also mentioned that if any nominee dies before receiving their deposit from the bank, the nominations made by them will automatically become ineffective.

2. Update In FASTag KYV Compliance November 2025

The government has also introduced changes in the FASTag KYV compliance November 2025, which are laid down below for one’s reference:

• The National Highways Authority of India (NHAI) has made special lenient protocols for those vehicle owners who are yet to complete the mandatory Know Your Vehicle (KYV) verification of their vehicles. NHAI has simplified the existing process, along with extended grace periods with reminders from issuer banks. Please note that FASTag KYV compliance November 2025 is mandatory, and no more deadline extensions will be provided to the people.

• Following the toll penalty FASTag cash UPI November 2025 update, the fee structure for vehicles without a proper FASTag will be operational from November 15, 2025. Under this update, drivers who pay using cash will be charged twice the standard toll fee, and those who pay using UPI or other cashless methods will be charged 1.25x the standard toll fee.

3. Update In Aadhaar Biometric Update Fees Adults India

The Unique Identification Authority of India (UIDAI) has also announced some changes in Aadhaar update charges waived children India, and Aadhaar biometric update fees adults India. Changes are as follows:

• Following the Aadhaar update charges waived children India, Rs. 125 will be waived off from the Mandatory Biometric Updates (MBU) of children’s Aadhaar. This will be effective only for a year.
• Aadhaar biometric update fees adults India will be as follows: Rs. 75 for updating name, Date of Birth (DOB), address, or mobile number, and Rs. 125 for biometric changes like iris and fingerprint scans.
• Also note that changes in address, Date of Birth, mobile number, or name in Aadhaar can also be done through an online portal without even uploading documents. This is being done to make the online process as easy, simplified, and quick as possible.

Also Read: What To Know About The New Aadhaar Card App?

4. Update In Life Certificate Pension Requirement India

All the retired central and state government employees must fulfil the Life Certificate pension requirement India for the year by visiting the nearest bank branch. If any pensioner fails to do this, their pension will not be credited on time, and they’ll then have to face several problems. Also, please note that all those who are planning to switch from the National Pension System (NPS) to the Unified Pension System (UPS) are required to do so by the end of this month of November.

Read More: Top 10 Government Pension Schemes In India 2025

5. New GST Slabs

The Goods & Services Tax four-slab system will now be replaced by the two-slab + special rate system, as informed by the Union Ministry of Finance. This implies that the 12% and 28% tax slabs have been replaced by the 40% tax slab for luxury and ‘sin’ goods.

6. Locker Charges At Punjab National Bank

The Punjab National Bank (PNB) has informed its bank account holders that they’ll be reducing the locker rent charges based on the size and category of the locker very soon, which will be applicable across the nation. The revised rates will be released on the Punjab National Bank’s official website and will come into effect after 30 days of the release of the notification.

7. Fees Of SBI Card

From November 1st, State Bank of India (SBI) cardholders will have to pay 1% extra fee on education-related payments made through third-party applications like MobiKwik and CRED and on wallet load transactions of more than Rs. 1,000.