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Know in detail about SBI YONO app

Thursday - December 27, 2018 3:35 pm , Category : WTN SPECIAL
Personal loan upto Rs 2 lakhs approved on YONO app
Personal loan upto Rs 2 lakhs approved on YONO app

SBI signs up to 60 e-commerce companies for 'convenience' of customers 

DEC 27 (WTN) - SBI, the country's largest public sector bank, i.e. State Bank of India has started offering many facilities through the YONO app (You Only Need One) to facilitate its customers. So, on the same app, customers can do their all the works. SBI claims that through this app, customers will be able to do any important work related to their daily lives while sitting anywhere. From personal loan applications to the loan being approved process, as well as 60 essential services of everyday needs can be used from this app.

Let’s first talk about the personal loan to be approved from the YONO app, so if you want to take a personal loan of up to Rs 2 lakh from SBI, you don’t need to go to SBI Bank or fulfill the formalities of the paper. Through the 'YONO' app of State Bank of India, you can take a personal loan up to two lakh rupees while sitting home.

According to the information, to get a personal loan, your account must be in SBI. When applying in the 'YONO' app, the bank will take a one-year deposit and withdrawal details of your account when the salaried (government or private) will apply in the 'YONO' app for the loan.

After viewing the details of the withdrawal and deposit, you will receive an SMS on the registered mobile number whether your loan has been approved or not. Once the loan has been approved, you will have to go to the branch of SBI once and after completing some formalities in the YONO app, the loan amount will be credited to your account. After accepting the loan, EMI will automatically be deducted from the account.

For your information, let you know that how much loan is to be given to customers, it will be determined by the transaction of the customer's account in the bank. On click of a personal loan on the YONO app, the software will automatically check online whether the concerned person is eligible for personal loan or not; after the checking, loan will be approved.

It is being said that in the coming days, facility of home loan, vehicle loan, and Gold loan can also be started on the YONO app. It is being said that through this app, you will also know about investing in insurance and mutual funds.

You can also book Uber and Ola on the YONO app. Along with this, Jabong, Max Fashions and Myntra will also be able on app. Not only this, books, cabs, entertainment, food drinks, travel and medical services will also be included in this app. According to the information, SBI has already tied up with 60 e-commerce companies.