We are going to tell you about some important announcements which have come into force from February 1, 2020. These include 23 schemes of LIC closing, bank workers strike, WhatsApp, important information related to ATM card, etc. Let's know about these changes.
WhatsApp will not work in 75 lakh smartphones
WhatsApp has stopped supporting millions of smartphones from 1 February 2020. WhatsApp will not work on smartphones with Android version 2.3.7 and iPhone with iOS 7. The company has said that its decision will not affect many users, because most users have a new phone. Before that, the company has stopped support in Nokia Symbian S60 after 30 June 2017, BlackBerry OS and BlackBerry 10 after 31 December 2017, Nokia S40 after 31 December 2018.
These 23 plans of LIC will be closed
LIC has stopped about two dozen plans after 31 January 2020. That is, these schemes of LIC have been stopped from 1 February 2020. Also, the last date for change or re-approval of existing life insurance policies is 29 February 2020.
LIC's 23 life insurance products have closed. These schemes include -
LIC Bhagyalakshmi Plan
LIC base column
LIC Adhar Shila
Lic Jeevan Umang
Lic Jeevan Shiromani
LIC Insurance Sh
LIC Micro Savings
LIC New Endowment Plus (ULIP)
LIC Premium Waiver Rider (Rider)
LIC New Group Superannuation Cash Accumulation Plan (Group Plan)
LIC New Group Gratuity Cash Accumulation Plan (Group Plan)
LIC New Group Leave Encashment Plan (Group Plan)
LIC Single Premium Endowment Plan
LIC New Endowment Plan
LIC New Money Back -20 years
Lic New Jeevan Anand
LIC Anmol Jeevan-II
LIC Limited Premium Endowment Plan
LIC New Children Money Back Plan
Lic Life Goal
LIC Jeevan Tarun
LIC Jeevan Benefit Plan
LIC New Jeevan Mangal Plan
This ATM card of the post office savings account has become useless
The postal department had asked the savings account holders to update their mobile numbers and replace the existing magnetic ATM card with the new EMV chip-based card by 31 January. A card with an EMV chip is more secure than a magnetic card. According to a notification by the Department of Posts, if not doing so, their card may get blocked.
Bank workers will be on strike
Banks are going to remain closed in the country for three days from today. The bank unions have announced a two-day strike from 31 January. Ashwani Rana, general secretary of Delhi Pradesh Bank Employees Organization, said that the Indian Banks Association has proposed a 12.5 percent increase in salaries, which is not acceptable.
RBI can keep interest rates stable
The next review meeting of the Reserve Bank of India (RBI) is scheduled for February 6.
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