Is Yono Safe?

How do I deposit money into my Yono account?

Install the YONO SBI app and initiate the cash withdrawal process.

You will have to set a 6 digit YONO cash pin for transactions.

You will then get a 6 digit reference number on your registered mobile number through an SMS..

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 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.

What can I do with Yono?

YONO. 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 flight, train, bus and taxi bookings, online shopping, or medical bill payments.

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.

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.

How do I withdraw money from Yono SBI app?

After logging into the app, the SBI account holder needs to click on the Yono Cash. For easier accessibility, it is given as one of the Quick Links. Then go to the ATM section and enter the amount you want to withdraw from ATM. The maximum limit is ₹10,000.

What are the benefits of Yono SBI?

Key Features and Benefits of SBI YONO AppInstant Account Opening.Complete paperless transactions.Unified App for Lifestyle Expense and Banking.Fund transfer via UPI.Smart spending – spend analysis.Pre-Approved personal loan on the move.An instant account opening from anywhere.More items…•

Is there any charge for Yono SBI?

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

Which app is best for SBI net banking?

Best Apps For SBI Customers For Easy BankingState Bank Anywhere. … SBI mVISA. … SBI No Que. … State Bank mCASH. … State Bank Samadhan. … SBI Card. … State Bank Anywhere Corporate. … State Bank Anywhere Saral. Saral is State Bank of India’s corporate internet banking based application for Business entities on android smartphone.More items…•

Can I transfer money from Yono app?

Hello Friends, SBI Yono offers an easy for its bank account holders to transfer funds online to a beneficiary from another bank. Customers must first add the beneficiary into their account and then follow a simple fund transfer procedure.

Is Yono app free?

YONO SBI is a free banking app you can use to manage your finances and shop at the same time. This lifestyle app is from the State Bank of India.

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.

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.

What is the transaction limit in Yono?

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