Quick Answer: What Is The Difference Between Yono SBI And Yono Lite?

Is Yono Lite SBI 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..

Is Yono SBI useful?

YONO SBI can also 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.

What is the benefit 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 flight, train, bus and taxi bookings, online shopping, or medical bill payments.

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.

Is there any charge for Yono SBI?

From August 1, 2019, there will be zero charges for SBI IMPS, NEFT, RTGS use on net banking, mobile banking and on YONO. Making fund transfer transactions through SBI Online or through YONO or SBI mobile banking will now not cost anything, however, conducting NEFT, RTGS transactions will still cost the user.

What is Yono SBI Lite?

What is Yono Lite SBI? It is State Bank of India Retail banking application offered on Mobile. … SBI Retail Internet Banking Users can download the application from respective application market places and access the application with his/her internet banking username and password.

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 without adding beneficiary in SBI?

The “Quick Transfer” facility enables INB / SBI Anywhere App users to send small value remittances to Beneficiaries without registering them. Remitter can send funds to both Intra and Inter Bank beneficiary.

Can SBI Yono be hacked?

“With Yono Cash, the entire experience is pushed to the phone with the PIN being used on the app and in addition getting a OTP on the phone. … However, the users should keep their mobile phones clean of malware, so that their own devices can’t be hacked.

What is Yono SBI activation code?

[1] Install SBI YONO Application from play store or iOS store. … [4] Now enter your SBI net banking user id and login password. [5] Next screen set 6-digits login MPIN. You can log in using this MPIN on YONO. [6] Now you will receive OTP on your bank registered mobile number, enter this OTP and tap on next.

How do you withdraw money from Yono app?

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.

What is the transaction limit in Yono?

Rs 10,000At a time the maximum withdrawal limit on YONO cash transactions has been set at Rs 10,000. As a YONO customer, you can make only two such transactions in a day.

Which SBI mobile banking app is better Yono or Yono Lite?

No doubt these are one of the best apps of SBI Mobile Banking. Both are the official apps of State Bank of India….SBI Yono Features.FEATURESSBI YonoSBI yono LiteRegister Net Banking (Without ATM Card)YesNoSavings Account OpeningYesNoAccount TransferYesNoNew ATM Card ApplyYesNo29 more rows•Apr 7, 2020

How do I use Yono Lite in SBI?

Step 1: Log into your account on YONO or YONO Lite app. Step 2: Click on ‘YONO Pay’ on the dashboard to start with the fund’s transfer process. Step 3: Select the ‘Bank Account’ option to transfer funds to self or other accounts.

What is the minimum balance in SBI Yono account?

Minimum Balance RequirementMetroRs.3,000UrbanRs.3,000Semi-urbanRs.2,000RuralRs.1,000

Which app is best for SBI internet 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 activate net banking without debit card?

Moreover, the activation of the net banking account can be done without visiting the bank branch by entering their debit card details. The users who do not have debit card/ATM card details, have to visit their bank branch to complete the process of registration for net banking.

Can I use Yono without internet banking?

The Bank may offer Digital Banking Service to selected customers at its discretion. The customer would need to be Internet Banking user or have access to the Internet. … Existing customers can access the yono App and Portal by using their existing Internet Banking (INB) login and password.

Can I open two accounts in same branch?

There is no rule to cap the number of bank accounts which can be possibly open in one bank or a combination of banks.

How can I check my account balance in Yono SBI app?

Here is how to check balance, passbook in SBI Yono app without loginYou can use MPIN, User ID and password or biometric.Click on the ‘View Balance’ option to check the balance.After this, user need to choose MPIN or User ID and Password or Biometric Authentication or Face ID.More items…•

Is Net banking possible without debit card?

You can activate your net banking account without visiting a bank branch just by entering your debit card details. But users who don’t have debit card or ATM card details, have to visit their bank branch to complete registration for internet banking.