Synopsis From August 1, your salary credit into your bank account, auto-debits related to mutual fund SIPs, home/car/personal loans EMI payments, bill payments such as telephone bills, gas payments, electricity bills etc. will take place even on bank holidays. Getty Images There are a few rule changes which will come into effect from August 1 that will impact the average person's personal finances. Here is a look at them. NACH system to be available on all days The Reserve Bank of India (RBI) has announced that the National Automated Clearing House (NACH) system will be available on all days, including Sundays and bank holidays, effective from August 1, 2021.