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India Rolls Out Oct. 1 Rule Changes Across UPI, NPS, Rail Bookings, Banks and Post

The coordinated measures target safer payments, updated consumer services, plus wider equity choice for non‑government NPS savers.

Overview

  • NPCI disables UPI collect (pull) requests from October 1 to curb fraud linked to unsolicited money demands.
  • PFRDA permits non‑government NPS subscribers to allocate up to 100% to equities and hold multiple schemes under a single PRAN from October 1.
  • IRCTC restricts the first 15 minutes of online general ticket booking to Aadhaar‑verified users starting October 1 to deter agent misuse.
  • RBI begins shifting cheques to continuous clearing on October 4 in a two‑phase rollout that completes with Phase 2 from January 3, 2026.
  • India Post revises Speed Post tariffs with GST shown separately and introduces OTP‑based delivery from October 1, as banks including HDFC, PNB and YES Bank implement updated customer charges.