From Jan 1, many changes will come into effect. From bank locker to credit cards, these rules will impact personal finance of the common man. Here are the updated rules.

Bank lockers

The Reserve Bank of India (RBI) has instructed banks to provide customers with updated locker agreements. Banks will ensure that no unfair terms or conditions are added in agreements.

NPS Partial Withdrawals

Central government employees have to submit their withdrawal requests for National Pension System (NPS) as applications with supporting documents.

Credit cards

Several banks are likely to change their reward point scheme for payments of credit card.