HomePersonal FinanceSBI YONO - Integrated Lifestyle and Digital Banking App

SBI YONO – Integrated Lifestyle and Digital Banking App


SBI YONO is new app launched by State Bank of India. SBI YONO is claimed to be a first integrated lifestyle and digital banking app. The acronym for YONO is “You Only Need One”. SBI YONO will help you to in making payment for all lifestyle related expenses. Starting from booking and renting cabs to entertainment and dining, travel and medical everything is covered by YONO.

What is SBI YONO & how it works?

YONO is a mobile app to fulfill all your banking, insurance, investment and daily shopping requirements. SBI YONO provides the largest range of products and services on the move. This app is designed for unified and seamless experience. Follow the steps given below to download and use this app on your smartphone.

  • Download this app from Google Play and install it on your smartphone.
  • Once you open this app you will find three different tabs.
    • Explore Financial Products
    • Browse Shopping Deals
    • Open a New Digital Account

Similar Post – SBI mVisa New Mobile based payment solution

New Customer

  • If you are New Customer of SBI you can click on Open a New Digital Account tab. It allows you to open digital account on the move. You need PAN card and Aadhaar Card for this.
  • Once your account is open you can enjoy various shopping deal. You can also purchase various financial products like a credit card, Insurance and other investment products.

Existing Customer

  • If you are an existing customer of SBI you can use your internet banking credentials for first time login and registration on YONO
  • If you do not have internet banking credentials, you can generate temporary internet banking password using your debit card.
  • Once you are login you can enjoy all shopping deal and other products on YONO.

SBI YONO New App – Key Features

Key Features of SBI YONO App is given below.

  • Instant 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

Also Read – WhatsApp Payment – Simple Way to Send Money

What are the benefits of SBI YONO?

  • Instant Account opening from anywhere
  • You can get exclusive discount offers and special deals on the move
  • Purchase all financial products from single app
  • Transfer funds in just four clicks.
  • Get overdraft facility against fixed deposit
  • Benefit from intelligent spend analyzer

What are the limitations of SBI YONO

  • Integration with Social Login/Media is missing.
  • The app is slow and takes time to load.
  • Back button/function is missing it always ask to exit from the app.

What is your view on SBI YONO app?

Do share your views and experience in the comment section.

For more information visit SBI YONO Website.

Shitanshu Kapadia
Shitanshu Kapadia
Hi, I am Shitanshu founder of moneyexcel.com. I am engaged in blogging & Digital Marketing for 10 years. The purpose of this blog is to share my experience, knowledge and help people in managing money. Please note that the views expressed on this Blog are clarifications meant for reference and guidance of the readers to explore further on the topics. These should not be construed as investment , tax, financial advice or legal opinion. Please consult a qualified financial planner and do your own due diligence before making any investment decision.