Chandigarh: 24.11.2021- State Bank of India commemorated the 4th anniversary of YONO, the digital app of the BANK on 24.11.2021, which was launched in November 2017 by the Bank.

SBI YONO stands for You Only Need One. This is a digital banking app, a one stop solution for banking, lifestyle, insurance, investment and shopping needs. Various actions can be done through this app including applying for loans, opening a savings account instantly or even shopping online. SBI YONO provides the largest range of products and services on the move. This app is designed for a unified and seamless experience.

Awareness about the features of SBI YONO Digital Banking App was publicized. YONO already has registered 40 million plus users on the App and is targeted to 50 million by the end of the current FY.

2. Some of the Key features and benefits of SBI YONO App are 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 (PAPL), exclusive discounts, offers and special deals, purchase all financial discount products from a single app, transfer funds in just four clicks and Get overdraft facility against fixed deposits.

3. The YONO Anniversary is being observed in the form of YONO week from 22nd November to 27th November with focus on YONO registrations and promotion of various YONO products. All the SBI branches in the Chandigarh circle are observing “YONO Anniversary” in their area of operation by conducting awareness meets and customer-acquisition drive.