New Rules From 1 October 2026: 7 Money Changes to Know

Several rules that affect your money change on Thursday, 1 October 2026, and more follow during the month. The biggest for most households is the LPG subsidy, which now needs biometric Aadhaar authentication. Here is each change, who it affects, and what to do, with links to our detailed explainers.

The short answer

#	Change	Who it affects	What to do
1	Biometric Aadhaar needed for subsidised LPG	Domestic LPG users not yet authenticated	Authenticate in your gas company’s app or at the distributor
2	RBI’s new FD rules	Bank depositors	Nothing. Same-day rates are now the same at every branch
3	TDS on property bought from an NRI by PAN, no TAN	Resident buyers of property from NRIs	Deduct TDS using your PAN
4	SBI withdrawal limits revised	SBI BSBD and salary package account holders	Count your free withdrawals
5	NPS Swasthya health scheme expected to launch	NPS subscribers	Read the terms before joining
6	Stricter late birth and death registration	Families registering late	Register within 21 days
7	More dates in October	Everyone	See the calendar below

1. LPG subsidy needs biometric Aadhaar authentication

From 1 October 2026, you can book a subsidised domestic LPG refill at the regulated price only if you have completed Biometric Aadhaar Authentication (BAA), sometimes called LPG e-KYC.

• If you have already done it, there is nothing more to do. By 19 September, 27.43 crore active domestic consumers, about 89.9% of the total, had completed it.
• If you have not, you will still get a cylinder, but at the market price without the subsidy. The subsidised price comes back once you authenticate.
• How to do it: in your oil company’s app (IndianOil ONE for Indane, HelloBPCL for Bharatgas, HP PAY for HP Gas), at your distributor’s showroom, or with the delivery person at your door.

Cooking gas prices have risen sharply this year. See what changed in petrol, diesel and LPG prices in 2026.

2. RBI’s new FD rules

From 1 October, a bank must offer the same interest rate at every branch for the same kind of deposit on the same day. Banks must also publish their rates for bulk deposits of ₹3 crore and above on their websites by 10 am every business day, and pay the rates they display.

For most savers, the change means fairer, clearer rates. Nothing changes in your existing FDs. Read the full explainer: RBI’s new FD rules from 1 October 2026, and check returns on the FD calculator.

3. Buying property from an NRI: TDS with your PAN, no TAN

A resident individual or HUF buying property from a non-resident Indian had to get a TAN (tax deduction account number) just to deduct and deposit TDS on one purchase. From 1 October, you can deduct and report the TDS using your PAN. See how the new NRI property TDS rules work.

4. SBI: new cash withdrawal limits for some accounts

SBI has revised limits for two kinds of accounts from 1 October:

• Basic Savings Bank Deposit (BSBD) accounts: the first 4 cash withdrawals a month stay free. These include SBI ATMs, other banks’ ATMs, the branch and Aadhaar-enabled (AEPS) withdrawals. From the fifth withdrawal, you pay ₹15 plus GST each time.
• Salary package accounts: free transactions at other banks’ ATMs fall from 10 to 5 a month, counting both cash withdrawals and balance checks. After that, a cash withdrawal costs ₹23 plus GST and a balance check ₹11 plus GST.

Using SBI’s own ATMs with an SBI debit card, and cardless cash withdrawals, are not affected. Pay by UPI where you can, and take out cash in fewer, larger amounts.

5. NPS Swasthya: health cover inside NPS

The Pension Fund Regulatory and Development Authority (PFRDA) issued operational guidelines for NPS Swasthya on 18 September 2026. PFRDA launched it on NPS Diwas, 1 October 2026. See how NPS Swasthya works.

• It pairs an NPS Swasthya investment account with a mandatory super top-up health insurance policy.
• Family floater cover of up to ₹30 lakh, for the subscriber, spouse and up to two dependent children. Parents are not covered.
• Open to people aged 18 to 70.
• You can withdraw up to 25% of your contributions for medical costs, with no minimum waiting period.

A super top-up pays only after your medical bills cross a set amount (the deductible) in a year, so it works best alongside a basic health policy. Read the deductible and premium carefully before you join. For regular NPS, see how much you could build on the NPS calculator and the NPS withdrawal rules.

6. Stricter rules for late birth and death registration

The Registration of Births and Deaths (Amendment) Act, 2026 takes effect on 1 October. Registration within 21 days stays simple. After that, late registrations need extra verification and a magistrate’s approval, and those more than two years late need an order from a Judicial Magistrate. Register every birth or death within 21 days, because these certificates are needed for bank accounts, insurance claims and property transfers.

7. Other dates to note in October 2026

Date	What happens
28–30 Sep	Bank strike at public sector banks
30 Sep	Small savings rates for October–December announced
1 Oct	Oil companies usually revise commercial LPG and jet fuel prices on the first of the month
2 Oct	Banks closed for Gandhi Jayanti. See bank holidays in October 2026
5–7 Oct	RBI monetary policy meeting. A repo rate rise would raise floating-rate EMIs. Check yours on the EMI calculator
15 Oct	UPI merchant charges start. UPI stays free for you
26 Oct	Bank unions’ threatened indefinite strike, if the five-day week dispute is not settled

Frequently asked questions

What changes from 1 October 2026? The main changes are biometric Aadhaar authentication for subsidised LPG, RBI’s new FD rules, TDS by PAN for property bought from NRIs, revised SBI withdrawal limits for BSBD and salary accounts, the expected launch of NPS Swasthya and stricter rules for late birth and death registration.

What happens if I don’t do LPG e-KYC by 1 October? You still get the cylinder, but you pay the market price without the subsidy. Once you complete the biometric Aadhaar authentication, you can book at the subsidised price again.

How do I do LPG biometric authentication at home? Use your oil company’s app (IndianOil ONE, HelloBPCL or HP PAY) or ask the delivery person to authenticate you at the time of delivery. You can also visit your distributor.

Do my existing FDs change from 1 October? No. Your FD keeps the rate it was booked at. The new rules are about how banks set and show rates for new deposits.

Is NPS Swasthya compulsory for NPS subscribers? No. It is a separate, optional product. Your existing NPS account does not change.

Sources

• Goodreturns, “New Rule Changes From October 2026: LPG, FD, Birth Certificate, Banking and Other Rules”, 25 September 2026: goodreturns.in
• Business Standard, “Govt mandates Aadhaar biometric authentication for LPG subsidy from Oct 1”, 19 September 2026: business-standard.com
• DD News, “Biometric Aadhaar authentication mandatory for subsidised LPG refills from October 1”: ddnews.gov.in
• Amar Ujala, “New Rules From October 1 2026”, 25 September 2026: amarujala.com
• Upstox, “SBI rules changing from October 1: ATM transactions, cash withdrawal charges revised”: upstox.com
• Outlook Money, “NPS Swasthya: FM Sitharaman Expected To Launch The Scheme On October 1”, 25 September 2026: outlookmoney.com
• TaxGuru, “PFRDA NPS Swasthya 2026: Operational Guidelines”: taxguru.in
• News24, “October 1 Rule Changes”, 26 September 2026: news24online.com