What Can I Do With Yono?

How do you use Yono pay?

Steps to pay credit card bill using YONO appOpen YONO app and login using your user ID and password.Go to ‘Credit Cards’ and select the SBI credit card towards which you wish to make the payment.Click on ‘My Relationships’ option and select ‘Pay Now’ button.More items….

Is it safe to use Yono SBI?

SBI claims that they use the best data security mechanism to ensure customer information is not compromised. Like every banking app, YONO is designed to provide all banking services with complete security. Three layer security with profile password, transaction password and OTP ensures the safety of your transactions.

Is Yono safe?

SBI claims that they use the best data security mechanism to ensure customer information is not compromised. Like every banking app, YONO is designed to provide all banking services with complete security. Three layer security with profile password, transaction password and OTP ensures the safety of your transactions.

What is the transaction limit in Yono?

6. Is there a limit on the size of payment I can make?TransactionPer day Limit (in Rs.)Interbank Transfer – RTGS10,00,000IMPSPer Txn Limit 2,00,000Quick TransferPer Txn Limit 25,000 Per Day Limit 25,000Credit Card VISATransfer1,00,00017 more rows

How much money we can transfer from Yono SBI?

Presently, there is a limit of Rs. 10,000/- per transaction and Rs. 25,000/- daily limit through YONO LITE SBI App.

Can I open zero balance account in SBI?

1) SBI BSBD account can be opened by all individuals having valid know-your-customer (KYC) documents. 2) SBI zero balance savings account can be opened singly, jointly, or with either or survivor. 3) The minimum balance amount to be maintained is zero in SBI zero balance account.

Is there any charge for Yono SBI?

No, There’s no charge on using YONO SBI app. It’s completely free.

How do I withdraw money from Yono?

Under the ‘request YONO cash’, you can view the balance amount in your savings account. Below the balance amount tab, enter the amount you want to withdraw from the ATM and click on ‘Next’. Initiate the cash withdrawal process through the YONO website by entering a six-digit YONO cash pin for the transaction.

Which is better Yono SBI or Yono Lite?

Both the apps are useful for accessing Net banking for your SBI Account. I will tell you the difference : Yono Lite : It is a Renamed version of SBI Anywhere Personal , previously used for accessing net banking in app version on smartphones.

What are the uses of Yono SBI?

YONO (You Only Need One) is an integrated digital banking platform offered by State Bank of India (SBI) to enable users to access a variety of financial and other services such as taxi bookings, online shopping, or medical bill payments. Currently, YONO is offered as a smartphone app for both Android and iOS.

What is the minimum balance in SBI Yono account?

Minimum Balance: Customer will be required to maintain minimum balance as defined for normal savings bank account. However, minimum balance charges for have been waived till March 31, 2019. However, maximum balance in the account can be Rs. 1 lakh only.

Can Yono be used without internet banking?

Yes. It can be done through your ATM card details. Install YONO, go in ‘existing customer’, it will ask ‘do you have Internet banking’, click on ‘no’ then select login through ATM Card, feed the details whatever it will ask and then you will be able to use YONO without having Internet banking id.

Is Yono free?

No, There’s no charge on using YONO SBI app. It’s completely free.

Is it safe to give ATM PIN in Yono SBI?

Yono App of SBI is owned by SBI and an authorized channel for banking transaction. Therefore using ATM pin on the YOno App is safe. … Some ATMs ask for PIN at the beginning, some at the end.

Can I have 2 SBI accounts?

Yes, you can have multiple SBI accounts in different or same branches and can even link both the accounts with that username. There is nothing illegal for a person to have two Bank accounts with SBI with same identity proof. Not only that, he can link his both accounts also.

Who can use Yono SBI?

In addition, YONO SBI may be used to do banking activities, investing, buying insurance, paying bills or booking IRCTC tickets and getting loans or even do some shopping. In one single app, you can manage all your money related transactions and anything to do with your finances.

Is SBI Yono a zero balance account?

State of India (SBI) chairman Rajneesh Kumar has clarified that the zero balance feature for digital accounts opened through the YONO app will be valid up to March 2019. … Rajneesh Kumar clarified that “up to March 2019, the accounts will have zero-balance requirement.”

Can I transfer money through Yono SBI?

Log into Yono Lite SBI Application using internet banking credentials. Select “Quick Transfer” >> “Send Money” in the “Banking” Menu page. Enter the Beneficiary details manually and click “Submit”. Confirm the details and complete the transaction with OTP received on the registered mobile number of the Bank.