Yono SBI Login

What is YONO?

YONO stands for You Only Need One. It is an integrated digital banking platform offered by the State Bank Of India. The users can access various financial and other services like flight, train, and bus bookings and other services like shopping or medical bills. It is available for both android and apple users.

How to register for YONO?

If you wish to register for YONO, then all you have to do is follow the steps given below:-

• First, you have to install the YONO app from the apple store or google play store.
• After this, you have to open the app and select existing customers.
• Once you have selected that option, you have to Log In using your SBI Bank account ID.
• Then you will be asked a question about whether you are an existing customer or not. If you are, then you have to say yes.
• After this, you will be bought to a registration page in which you will be told to enter your Username and password and a Referal Code, which will be optional and then you have to click on Submit.
• After this, you will be asked to set an MPIN of 6 digits, so you must select the checkbox and click on next.
• On the next screen, you will be asked to set an MPIN of your choice, and once you are done with it, you have to click on next.
• Then you will receive an OTP on your registered mobile number, and then you will have to enter that OTP and then click on next.
• Once you click on next, your YONO registration will be successfully done. Then you can quickly log in to your YONO account by entering the MPIN.

What are the benefits of YONO?

The following are the benefits of YONO:-

Account Benefits

• You will get all the necessary details of the account, such as the SSA account, transactions and much more.
• You will also get the mini statement of all your last 10 transactions done by you.
• With this app, you will also get the passbook that will be up to 150 transactions.

Banking Benefits

• Cash Transfer within the bank account
• Third-party fund transfer
• Inter-Bank transfer facilities
• Instant Fund  Transfer
• IMPS Fund Transfer
• Closing and opening of FD instantly
• Tracking of and scheduling your transactions.

UPI Benefits

• Managing and paying bills instantly
• Urgent Fund Transfer
• Clearing of the post-paid dues
• Credit Card VISA Transfer
• AutoPay Facilities
• Details of transactions and scheduled bill payments

Services 

• Managing of Debit Cards
• Hotlisting of Debit Card
• Creating standing instructions for your credit card
• Updating the maturity instructions for deposits
• Managing your nominee
• Enquiring TDS
• Requesting for a Cheque Book
• Generating Virtual Card
• Linking your bank account with Aadhaar

Is YONO Secured?

YONO is the most secured app made by the SBI as it has launched a security feature on the YONO and YONO Lite app, which is called SIM BINDING. This feature is going to protect the customers from different kinds of digital fraud. However, there is a condition for this particular feature, and that is that the sim number of the mobile in which the YONO app is installed should be registered with the bank then only this SIM BINDING feature will work.

FAQS

✅ What is the minimum balance in the SBI Yono account?

✅ Can I use Yono without internet banking?

Login ID and Password for Non-INB Customers and Services offered by yono App and Portal need to be included- Non-INB Customers can gain access to Digital Banking by creating login credentials using their Debit/ATM card details, or by obtaining temporary internet credentials from their operating branch.

✅ Who is the owner of YONO?

The country’s largest lender State Bank of India is launching the next version of its digital lending platform – Yono (You Only Need One App), chairman Dinesh Khara said.

✅ Can YONO be used without internet banking?

Login ID and Password for Non-INB Customers and Services offered by yono App and Portal need to be included- Non-INB Customers can gain access to Digital Banking by creating login credentials using their Debit/ATM card details, or by obtaining temporary internet credentials from their operating branch.

✅ How much money can we transfer from YONO SBI?

There is a limit of Rs 10,000 per transaction and a Rs 25,000 daily limit through the YONO LITE SBI App. Another advantage customers have is that the amount is transferred back instantly in case the transaction fails.

✅ Can I use both Yono and Yono Lite?

YONO and YONO Lite will work with the basic rule of One Mobile Device – One User – One RMN. However, the customer can use both YONO and YONO Lite on the same mobile device using the SIM of RMN with the bank.