Price Hike: This October 1 is going to dig a hole in your pocket, as a few household items are going to cross the budget now. The new month is bringing in several changes that could affect your annual budget line.
From electronics and home appliances to banking services and digital payments, consumers will face a revised price plan. New charges may be levied on products just before the festive season arrives in India.
The escalating global tensions over the past few months have raised prices for many things, and the increase in prices looks like the aftereffect of the global conflict.
According to analysts and reports, the rising global commodity prices, which include copper, steel and aluminium, have made electronics more expensive. This, along with currency exchange fluctuations, has reportedly pushed manufacturers to announce another round of price hikes.
Home appliances like air conditioners, televisions, refrigerators and washing machines are among the products expected to become costlier.
On the other hand, changes that are related to LPG subsidies, ATM transactions and UPI merchant payments will also affect consumers.
Let's have a closer, segregated look at all the key changes from October 1, 2026.
Read For More Info: October 1 to Mark Big Price Rise of AC, TV, Fridge & Other Products; Check Possible New Costs; What is Behind the Third Hike in India in 2026?
List Of Things That Will Become Expensive In India Before Diwali
Consumer Electronics and Home Appliances
Big brands in India, like Blue Star, LG Electronics, Haier, Godrej and Croma, are expected to raise prices and give a revised price chart across several product catalogues.
The extent of the price revision will vary on the basis of the products and manufacturers.
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Product Category
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Expected Price Hike
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Details
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Air Conditioners and Deep Freezers
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5% to 8%
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Prices could increase, making these appliances more expensive for households planning festive-season purchases.
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LED Televisions
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3% to 7%
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Prices may rise depending on the manufacturer and model. Customers will have to compare prices and available discounts to find a reasonable price within their budget.
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Washing Machines and Refrigerators
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3% to 4%
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These household appliances could become costlier from October 1, potentially increasing expenses for families planning festive-season upgrades.
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Retail Stock
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No fixed increase
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Some local dealers may continue selling older inventory at previous prices until stocks run out, giving consumers an opportunity to compare prices before purchasing.
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LPG Cooking Gas and Subsidies
The basic need of any Indian household is LPG cooking gas, and there are some major changes that will be implemented in LPG cooking gas and subsidy authentication.
All households subscribed to LPG gas will face changes due to biometric Aadhaar authentication. Due to biometric Aadhaar authentication, consumers may face changes in subsidy eligibility if they fail to meet applicable requirements.
Consumers are advised to check official guidelines before assuming their refill costs will increase.
Banking and Digital Transactions
The financial structure of the nation is going to see a few big changes in the upcoming October month, which in the end will affect the pockets of the customers.
SBI salary account holders and UPI users may see changes in transaction rules and charges in October 2026. On the other hand, the UPI MDR implementation is on its way for the customers.
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Category
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Key Changes
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What Customers Should Know
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SBI Salary Account ATM Charges
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Certain salary account categories may see revised free ATM transaction limits and additional charges.
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Customers should check their account-specific terms and applicable charges.
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UPI Merchant Transactions
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A new pricing framework for specified merchant transactions, UPI MDR, above ₹2,000 is scheduled to begin on October 15, 2026.
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Customers should check the applicable rules and merchant payment terms.
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Disclaimer: October brings potential changes to household spending, particularly for appliance buyers and users of certain banking services. Consumers should verify official announcements, compare prices and review applicable charges before making financial decisions.