State Bank of India (SBI), India’s largest public sector bank, has introduced a brand new mobile application called SBI YONO, catering to all its retail customers. This all-in-one application aims to provide users with a revolutionary banking experience, offering a wide array of digital banking services.
What is SBI YONO?
SBI YONO stands for “You Only Need One.” It is a cutting-edge digital mobile banking application that enables users to manage their savings accounts online and access various online banking services. With SBI YONO, customers can perform digital banking tasks, invest, shop, book movie tickets, plan vacations, and even purchase flights and IRCTC train tickets, all through a single app.
The application is readily available on both the Play Store and the iOS store, allowing users to install it and register using their net banking credentials. Existing SBI customers can leverage SBI YONO for their daily banking needs, such as checking account balances, transferring funds, managing debit cards, and ordering new chequebooks, among other services.
How To Activate SBI YONO – Registration Process
Existing SBI savings account holders can easily register on SBI YONO using their net banking details. Here’s a step-by-step guide to activating SBI YONO:
- Install SBI YONO Application: Begin by downloading and installing the SBI YONO application from the Play Store or iOS store.
- Select “I am an Existing Customer. Register for YONO”: Launch the application and choose the option “I am an existing customer. Register for YONO.”
- Verify Internet Banking ID: You will be prompted on the next screen to verify whether you have an Internet Banking ID. Select “Yes.”
- Enter Net Banking User ID and Password: Provide your SBI net banking user ID and login password on the subsequent screen.
- Set 6-Digit Login MPIN: Set a 6-digit login MPIN, which you can use to log in to YONO.
- Receive and Enter OTP: You will receive an OTP on your bank registered mobile number. Enter this OTP on the application and tap “Next.”
Congratulations! You have successfully registered with SBI YONO and can now access its features and services.
How To Login on SBI YONO?
Once you have completed the registration process, logging in to SBI YONO is a breeze. Simply enter the 6-digit MPIN set during registration, or alternatively, you can log in using your net banking user ID and login password.
Frequently Asked Questions (FAQ)
Q: What services are available through SBI YONO?
A: SBI YONO offers a wide range of digital banking services, allowing users to manage their savings accounts, perform online transactions, invest, shop, book tickets, and access other online banking facilities.
Q: Can I register for SBI YONO if I am not an SBI customer?
A: No, SBI YONO is exclusively for existing SBI customers. If you do not have an account with SBI, you would need to open one to access the application.
Q: Is SBI YONO available on all devices?
A: Yes, SBI YONO is available for both Android and iOS devices. Users can download the application from their respective app stores.
SBI YONO is designed to be a one-stop application for all your banking needs. By installing and activating SBI YONO on your mobile phone, you can efficiently manage your bank account with ease.