June 2025 Money Rule Changes: New FD Rates, Credit Card Norms, EPFO 3.0 Launch, LPG Prices to Be Revised
New Delhi, 1st June 2025: As the new month begins, several important rule changes are set to take effect in June that may indirectly impact your finances. These include revised interest rates on fixed deposits (FDs), changes to credit card reward policies, the launch of EPFO 3.0, and a potential revision in LPG cylinder prices.
EPFO 3.0 Launch to Offer ATM Withdrawals, Improved Services
The Employees’ Provident Fund Organisation (EPFO) is set to roll out EPFO 3.0 this month. The upgraded platform aims to enhance convenience for EPF account holders by offering new features such as ATM-based withdrawals and simplified data updates related to provident fund accounts.
This digital overhaul is part of EPFO’s ongoing effort to modernize its services and improve accessibility for over six crore members across India.
FD and Loan Interest Rates May Change Post RBI Repo Rate Decision
Banks may revise their fixed deposit (FD) and loan interest rates in June after the Reserve Bank of India (RBI) announces its bi-monthly monetary policy. Market analysts expect a possible repo rate cut, which could lead to lower interest rates on loans and adjustments in FD returns. Investors and borrowers are advised to stay updated on RBI’s announcement for informed financial decisions.
Kotak Mahindra Bank to Revise Credit Card Rules from June 1
From June 1, 2025, Kotak Mahindra Bank will implement significant changes to its credit card policies. The new rules will affect reward points, cashback eligibility, and associated charges.
According to media reports, customers may face new limits and conditions for earning and redeeming reward points. Credit card users are advised to check official communications from the bank to understand the updated terms and avoid unexpected charges.
LPG Cylinder Prices to Be Revised on June 1
As per routine practice, the prices of domestic and commercial LPG cylinders are revised on the first of every month. On May 1, the prices of commercial LPG cylinders were reduced by up to ₹17 across major cities. However, domestic LPG prices remained unchanged. Today, the price of a 14.2 kg LPG cylinder in Pune is Rs 856.
Bottom Line
From financial regulations to fuel costs, June 2025 brings several rule changes that can influence household budgets and financial planning. It’s crucial to stay informed and reassess your credit, savings, and utility expenses accordingly.
