SBI YONO App
YONO or You Only Need One, is a digital banking app launched by the State Bank of India (SBI). YONO aims to be a one stop solution for banking, lifestyle, insurance, investment, and shopping needs. There are a number of things that can be done through this app including applying for loans, opening a savings account instantly or even shopping online.
YONO is available on both Android and iOS platforms. Many of SBI’s and its subsidiary financial products offerings such as SBI Cards, SBI Caps, SBI Mutual Funds, SBI General and SBI Life, will be integrated into the YONO app. Users of the app will also be able to apply for loans, such a home loans and auto loans.
Apart from this YONO can be used for fund transfers and even to get a loan/overdraft against your Fixed Deposit. YONO is a one-of-a-kind digital banking platform and offers a range of customised products, including offers and deals from more than 60 e-commerce players.
Features of SBI YONO App
- Instant account opening
- Online shopping
- Solution for all banking needs
- Smart spending and spending analysis
How to Download SBI YONO App
YONO can be downloaded from Google Play Store on all Android phones and can be downloaded from Apple App Store on iOS platforms.
How to Register on SBI YONO App
Step 1: Log into the SBI YONO app
Step 2: To begin the registration process use the internet banking option or by entering account details
Step 3: Enter account details such as ATM card number, ATM pin and click ‘Submit’. If you choose, internet banking, enter your internet banking username and password
Step 4: Give consent to use MPIN by accepting terms and conditions. Then click ‘Next’
Step 5: Choose an MPIN and key it in. An OTP will be sent to you on your mobile number, enter the same and click ‘Next’
Step 6: You have successfully registered and can now explore all features
Please note that during the registration process, all existing SBI customers can use their SBI online login credentials to register on the app. The next time you login, you can use an MPIN or a login user Id.
How to Open an Account using SBI YONO
Step 1: Log into the SBI YONO app
Step 2: Click on ‘Open New Digital Account’ and choose if you want to open a ‘Digital Savings Account’ or an ‘Insta Savings Account’
Step 3: Once you have chosen the type of account you want to open, click on ‘Apply Now’
Step 4: Proceed to click on ‘Apply New’ and read the product information. Then click ‘Next’
Step 5: Keep your Aadhaar card and PAN card details ready. Proceed to fill in your email id, mobile number and referral code, which is optional.
How to Withdraw Money from SBI ATM Without Debit Card Using YONO App
Step 1: Go to the closest ATM or YONO Cashpoint.
Step 2: Log in to the YONO App using the PIN.
Step 3: Go to the YONO Pay option.
Step 4: Select YONO Cash.
Step 5: Raise a request for cash withdrawal.
Step 6: You will receive a 6-digit verification number, valid for 30 minutes.
Step 7: At the ATM or cash point, choose ‘Cashless Withdrawal’.
Step 8: Use the verification number you got through the app as your PIN. You will also have to enter your YONO app PIN.
Difference Between ‘Digital Savings Account’ and ‘Insta Savings Account’
|Digital Savings Account||Insta Savings Account|
|Paperless account opening||Paperless account opening|
|Single branch visit required||Instant account activation|
|Free personal accident insurance||Rupay credit card|
|Personalised platinum debit card||Aggregate balance of Rs.1 lakh, annual transaction up to Rs.2 lakh|
How to Send Money Using SBI YONO App
Step 1: Log into the SBI YONO app
Step 2 : Go to the home screen and click on the ‘Fund Transfer’ option
Step 3: Select a beneficiary, enter details and transaction amount
Step 4: Authenticate the transaction using MPIN
How to Link SBI Credit Card With SBI YONO App
Step 1: Log into the SBI YONO app and go to the credit card section
Step 2: Proceed to click on ‘Link SBI Credit Card’
Step 3: Key in username and password and click ‘Send OTP’
Step 4: Enter OTP. You have now successfully linked your SBI credit card with SBI YONO
Check IFSC Code for Top Banks:
|Bank Of Baroda IFSC Code||HDFC Bank IFSC Code||Indian Bank IFSC Code|
|Axis bank IFSC Code||Canara bank IFSC Code||ICICI Bank IFSC Code|
FAQ's State Bank of India YONO App
Can I pay my credit card bill using SBI YONO?
Ans: Yes. This can be done by going to the ‘My Credit Cards’ section.
What to do if I cannot find my transaction in the transaction history?
Ans: In most cases, all transactions will reflect in the transaction history tab. However, in some cases, if there are any unbilled transactions, it will not appear for 24 to 48 hours.
Is it possible to delink the cards that I have linked in the app?
Ans: Yes. This can be done using the ‘Delink SBI Credit Card’ option. It is possible to link the same card back again at any point of time using the app.
Can I apply for an SBI card on the app? If so, how?
Ans: Yes, it is possible to apply for a card on the app. To do so, log into the app and go to the ‘SBI Credit Card’ page. Go to the ‘Browse Cards’ option to choose which card you want to apply for.
How can I know if I am eligible to apply for a card or not?
Ans: To find out, go to ‘help me find the perfect card’.
Will I earn reward points on the card? How will it be calculated?
Ans: You will earn reward points and how these reward points are calculated will depend on the type of card you hold and the number of transactions made on that particular card.
How can I check my reward point balance?
Ans: Go to the app and visit the credit card section to get information on the same.
How can I redeem my reward points?
Ans: Go to the reward section and browse through the reward catalogue.
For how long will my reward points be valid?
Ans: All reward points earned will have a validity of 24 months.
Is it possible to redeem reward points once I close my SBI Card?
Ans: No. This is not possible.
In case there is a dispute what can I do?
Ans: In such a case, raise the dispute by calling the SBI Card helpline number 1860 180 1290 or 39 020202. You can also send an email to email@example.com.
What is the time-frame to raise a credit card related dispute?
Ans: Any dispute that is related to a credit card should be reported within a time period of 70 days from the date of statement issue.
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