From SBI card fees and bank nomination rules to new toll penalties: Key financial changes from November 2025

November brings key financial updates and deadlines that could impact your wallet. From SBI Card’s revised fees on education payments, wallet loads, and cash transactions, to UIDAI allowing major Aadhaar updates online, and deadlines for NPS-to-UPS switches, and pension submissions.

SBI Card charges from November 2025

Bank nomination rules from November 2025

1. Simultaneous nomination: You can nominate up to four people at once, specifying each person’s share. Total must equal 100% for clear distribution.

2. Successive nomination: For deposits, lockers, or safe custody items, up to four nominees can be appointed successively. The next nominee becomes active only after the previous one passes away.

3. Multiple nominations: Combine simultaneous and successive nominations for flexible asset management.

4. Nomination for deposit accounts: Choose either simultaneous or successive nominations for bank accounts based on your preference.

5. Nomination for safe custody & lockers: Only successive nominations are allowed for lockers or items in safe custody, ensuring clear order of entitlement.

NPS-UPS switch

Aadhaar updates go online

From November 2025, UIDAI will allow major Aadhaar updates, like name, address, date of birth, and mobile number via the mobile app. Physical visits are only required for biometric updates like fingerprints or iris scans, as per a report in Financial Express.

Digital Life Certificate submission

Pensioners must submit their Digital Life Certificate (Jeevan Pramaan) by November 30, 2025. Failure to do so will result in a temporary suspension of pension payments until the certificate is submitted.

New GST registration scheme from November 2025

New toll penalty structure

A significant change to the toll penalty structure for vehicles without a valid, functional FASTag will become effective on November 15, 2025 (not November.

• Under this revised rule, drivers who choose to pay their toll using cash will be charged a penalty fee that is twice (2x) the standard toll amount.

-Meanwhile, drivers who opt for approved digital methods, such as UPI, will face a lesser penalty, being charged 1.25 times (1.25x) the standard toll fee. This new structure is designed to encourage compliance and universal adoption of the FASTag system strongly.