New rules will come into effect from October 1, 2025. These include priority for Aadhaar Verified passengers in train ticket booking, discontinuation of UPI Collect, updated LPG prices, and a possible reduction in the RBI repo rate.
New Rules: Several new rules are set to be implemented from next month, October 1, 2025. These changes will have a direct impact on the lives and finances of ordinary people. The changes primarily relate to train ticket booking, UPI transactions, LPG cylinder prices, and the repo rate linked to the banking sector. Additionally, some significant changes are likely in other financial and digital services.
1. Possibility of RBI Repo Rate Cut
Before October 1, the Reserve Bank of India's Monetary Policy Committee meeting is scheduled. In this meeting, decisions regarding the repo rate and other financial matters may be taken. Experts believe that there is a possibility of a 0.25 percent cut in the repo rate this time as well.
If the repo rate is reduced, the general public will directly benefit. A lower repo rate means that banks will offer loans at reduced interest rates. This will lead to a decrease in the EMI amount for home, car, or personal loans. Additionally, people taking home loans and other credit will also get relief.
2. Major Changes in UPI
From October 1, several features of UPI are being discontinued. According to media reports, users will no longer be able to request money from friends and relatives via UPI. Under this change, UPI's Collect or Pull transaction feature will be disabled.
Through this feature, people could request money from their acquaintances and repay them later. NPCI (National Payments Corporation of India) has taken this step keeping security concerns in mind.
Following this change, UPI will now only be used for payments and transfers. This step is considered essential to enhance security.
3. Aadhaar Verified Passengers to Benefit in Train Ticket Booking
The Railways has also announced changes to its booking process from October 1. Under the new rules, passengers who are Aadhaar Verified will be given priority in ticket booking.
This means that such passengers will be able to book their seats 15 minutes before ticket booking opens for others. Through this step, the Railways aims to ensure that more secure and identity-verified passengers receive service first.
Passengers are advised to link their Aadhaar to their account for ticket bookings. This will facilitate easier and faster ticket booking.
4. Changes in LPG Cylinder Prices
LPG cylinder prices are changed on the first day of every month. From October 1, the prices of 14 kg domestic LPG cylinders and 19 kg cylinders will be updated according to new rates.
This month's prices will depend on the rates of cooking gas and petroleum products in the international market. This monthly change in LPG prices sets a new economic equation for the public each time.
The government and private agencies will update these prices and provide customers with timely information on the new rates. The general public is advised to keep themselves updated with their gas agencies regularly.
5. Other Rules and Financial Changes
From October 1, several other financial and digital changes may also come into effect. These include:
Digital Payment and Banking Regulations: Banks will update their digital transaction rules, adding new security features to UPI, NEFT, and IMPS transactions.
EMI and Loan Schemes: Following a reduction in the repo rate, changes will be observed in the interest rates offered by banks on loans. This will reduce EMIs and make borrowing cheaper.
LPG Subsidy and Gas Schemes: LPG agencies will update information regarding changes in subsidies and new gas schemes for domestic consumers on their customer portals.
The objective of these changes is to enhance security, bring transparency to digital transactions, and provide financial relief to the general public.
