SBI YONO APP (A Complete Guide) 2022

An app which do all of your work related to banking–What would you call it? Probably the all in one app. But SBI has given it a new name, YONO, means You Only Need One. This is a digital and compact solution for people who want to make their every minute count. Be it banking, life style, insurance, investment, and shopping;this app does it all.

Since YONO is a digital product designed especially for smartphone users, people can download it from Android, iOS, and Windows platforms. In the future, it will include many services in the app like SBI Cards, SBI Caps, SBI Mutual Fund, SBI General, and SBI Life. People will be able to apply for loans such as home loans and auto loans using this app.

Apart from core bank services, YONO can transfer funds using IMPS, NEFT, RTGS, and UPI. But before you get started, please know about the benefits of using the SBI YONO app.

• Instant money transfer
• Online shopping
• Online account opening
• Digital records of spending

Steps to Download SBI YONO App on Your Smartphone

The app is available on Google Play Store, Apple app store, and Windows. Android user can download it from the Google play store and the iOS user can download it from apple app store.

Steps to Register on SBI YONO App

• Log into the SBI YONO app
• By entering your net banking details, you can register yourself on the app.
• By using the ATM card details, you can also log in into the app. Fill your ATM card number and click on ‘Submit’.
• Choose MPIN as your primary option, accept terms and conditions and then click ‘Next’.
• Make your MPIN by verifying the OTP received on your mobile and click ‘Next’.

• Log into the SBI YONO app
• Click on ‘Open New Digital Account,’. Decide whether you want to open a ‘Digital Saving Account,’ or an ‘Insta Savings Account’.
• After selecting the account type, click on ‘Apply Now’.
• Click on ‘Apply New’ and read the product information. Then click ‘Next’
• Keep ready with the details of your Aadhar card and PAN Card. Fill your email id, mobile number and referral code (if you have any).
• After reading the privacy policy click on ‘Submit’.

Benefits of SBI YONO Digital Saving Account

• Paperless account opening
• Account opening with a single branch visit
• Free personal accident insurance
• Personalised platinum debit card

• Paperless account opening
• Instant account activation
• Rupay credit card
• Up to Rs 2 lakh transaction allowed in a year

Steps to Withdraw Money Using SBI YONO App

• Locate nearby ATM or YONO cashpoint.
• Enter the PIN and log into your YONO account.
• Navigate to the YONO Pay option.
• Choose YONO cash
• Request for cash withdrawal
• Wait for the 6-digit verification code on your mobile
• At the ATM or cash point, select ‘Cashless Withdrawal’.
• Use the 6-digit verification code as your PIN. Also enter the YONO app pin (when it requests)

Steps to Send Money Using SBI YONO App

• Log into the SBI YONO app
• Navigate to the home screen and click on the ‘Fund Transfer’ option.
• Select beneficiary, enter the account details and the transaction amount.
• Give consent to the transaction by entering your SBI YONO MPIN.

Steps to Link SBI Credit Card Using SBI YONO App

• After logging into the SBI YONO app, go to the credit card section.
• Click on ‘Link SBI Credit Card’.
• Enter your username and password and click on ‘send OTP’.
• Enter the OTP to link your SBI credit card with the SBI YONO app.

Steps to Pay Credit Card Bills via SBI YONO App

• Logging into YONO app by entering your User id and Password
• Navigate to the ‘Credit Card’ and select a card for to make payment
• Click on ‘My Relationships’ option and select ‘Pay Now’ button.
• Select type of account as saving or current to proceed with the credit card payment.
• Select the payment amount among total outstanding amount/ minimum amount due/or any other amount
• Click on ‘Pay Now’ to complete the payment.