New Rules from Nov 2025: What Pensioners, Bank Customers, and Cardholders Should Know

As November 2025 begins, several important financial and regulatory updates come into effect for individuals, pensioners, and investors. This month features key deadlines related to pension submissions, changes in banking norms, and revisions in fees by major institutions like the RBI, SBI Card, PNB, and UIDAI. Staying informed about these updates can help avoid penalties, service disruptions, or additional charges.

Life Certificate Submission Deadline for Pensioners

All central and state government pensioners must submit their annual Life Certificate by November 30, 2025, to continue receiving pension payments without interruption. Pensioners can submit the certificate physically at their bank branch or digitally via the Jeevan Pramaan portal. Missing the deadline could lead to delays or temporary suspension of pension credits.

Deadline Extended for Unified Pension Scheme

The government has extended the last date to opt for the Unified Pension Scheme (UPS) to November 30, 2025. This extension allows more time for employees and retirees to review the scheme’s new provisions, including tax benefits and resignation-related rules. The PFRDA has been instructed to align its systems with the revised guidelines.

New RBI Nomination Rules from November 1

The Reserve Bank of India (RBI) has introduced new nomination norms for bank accounts, lockers, and safe custody items effective November 1, 2025. Customers can now nominate up to four persons and specify percentage shares for each. Banks must acknowledge nomination submissions within three working days, improving transparency in claim settlements.

Other Financial Updates

• PNB Locker Rent Revision: Punjab National Bank will revise its locker rent charges, with new rates applicable 30 days after the official notification.
• Aadhaar Update Fee Change: The UIDAI has waived the ₹125 biometric update fee for children for one year, while adult demographic updates will cost ₹75.
• SBI Card Fee Update: Starting November 1, SBI Card will charge a 1% transaction fee on education payments via third-party apps and wallet loads above ₹1,000.

Also Read: ITR and Tax Audit Deadlines Extended for FY 24-25 by CBDT!

Conclusion

November 2025 marks a month of significant financial deadlines and regulatory transitions. Individuals and retirees should act promptly to remain compliant and avoid service interruptions.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.