With the beginning of February 2026, major banks of the country – SBI, ICICI Bank, HDFC Bank और Punjab National Bank (PNB) – Going to make major changes in its banking and credit card rules. These changes will have a direct impact on the everyday financial activities of ordinary customers, including online money transfers, credit card rewards and account operations.

Under the new rules, some services will be costlier, while some facilities will be cut. Apart from this, strictness regarding KYC updates has also been increased.

SBI IMPS transactions will be expensive

State Bank of India (SBI) has announced to implement the new charge structure on IMPS transactions from 15 February 2026. This fee will be applicable especially on transfers of large amounts.

The new charges will be as follows:

• On transfers from ₹25,000 to ₹1 lakh: ₹2 + GST


• ₹1 Lakh to ₹2 Lakh: ₹6 + GST


• ₹2 lakh to ₹5 lakh: ₹10 + GST

Currently, no changes have been made on IMPS transfer of small amounts. But the increase in expenses of customers who regularly transfer large amounts of money is considered certain.

Shock to ICICI Bank credit card users

ICICI Bank offers on select credit cards free movie ticket offer Is going to be closed from 1st February 2026. Till now, customers used to get the facility of complimentary tickets through BookMyShow, which will now end.

However, the bank has clarified that the reward points available on essential expenses like transport and insurance will continue and the reward structure will also be improved in some card variants.

Changes in HDFC Bank’s Infinia card

HDFC Bank your premium Infinia Metal Credit Card There is also going to be a change in the rules. According to the new rules, customers can now pay only Redeem reward points only 5 times Will be able to do.

Earlier there was no limit on redemption. The bank says that this change has been made to make the reward system balanced and systematic.

KYC update necessary for PNB customers

Punjab National Bank (PNB) has issued a warning to its customers regarding KYC. Account holders whose KYC due date was till December 31, 2025, will have to do so. Mandatory to update by 2nd February 2026 will be.

If KYC is not updated within the stipulated time:

• Transactions from the account may be limited


• Digital banking services may stop


• Cash withdrawal may be banned

This step has been taken under the guidelines of RBI.

What should customers do?

Given these rules, which will come into effect from February 2026, customers should:

• Know the IMPS charge structure in advance


• Check the new benefits and terms of your credit card


• Get your KYC updated on time

Ignoring these rules may result in additional charges, reduction in facilities and interruption of banking services.