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New Banking rules, post office charges to LPG price: these changes in March will impact your finances

There have been quite a few changes right at the beginning of this month that has changed our day to day lives to a certain extent. Let’s take a look at some of the price hikes that will impact your finances in March!

  • Amul Milk Price Hike

Yesterday, Amul announced that they are increasing the price of milk by Rs 2. This is the 2nd time the dairy brand is hiking its rates in this financial year.

  • India Post Payments Bank

India Post payments bank will charge Rs 150+GST upon closing of bank accounts in the Post Office. This rule will be applicable from March 5, 2022.

  • Life Certificate Submission

The last date to submit a life certificate was February 28 for pensioners. As there was no word from the government about the extension, the pensioners might face trouble in March month.


A few other things that might affect you indirectly are the LPG Gas price hike and a possible fuel price hike that can happen at a domestic level. For LPG Prices, the prices were increased to Rs 105 for commercial cylinders; however, it might be the same soon for domestic cylinders too. In the case of fuel prices, due to the Russia-Ukraine crisis, the price of crude oil has crossed $110 hence fuel prices may increase.

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