Personal Loan YONO SBI App: State Bank of India has created a single window application called YONO SBI App to provide online services to its customers. Now almost all banks provide online services to the people. All banks have created their own apps, with the help of which customers can easily avail banking services from home.
In this article, we are telling you about an app YONO SBI from which you can easily take a personal loan sitting at home.
What is YONO SBI?
YONO SBI is the official app of the State Bank of India which is designed for Android users only. It is a mobile banking and lifestyle application available only to SBI Bank account holders.
Through the Yono SBI app, you can easily do banking activities like money transfers, loan repayment, recharge, bill payments, insurance, credit cards, and pin change.
Download – YONO App
Now we will give you information about State Bank of India Personal Loan. How can you apply for a personal loan through the SBI YONO application? If you want to take a loan without going to the bank, then definitely read this article till the end –
YONO SBI App Personal Loan 2023
If you are an account holder of the State Bank of India, then you can take a loan from this app. If you do not have an account in SBI, then first of all you can open a bank account using it. Loan under the scheme will be sanctioned for any personal purpose other than spectulative perposees.
Loan Ammount:
Minimum loan amount: ₹ 25,000/-
Maximum loan amount: ₹ 35,000/- (24 time NMI)
Repayment Period:
Minimum: 6 month
Maximum: 72 month
Interest & Fee
Interest Rate – 11% to 13.5% (as per eligibility)
YONO SBI Personal Loan Eligibility
To get a loan from the State Bank of India, you need to fulfill the conditions and eligibility criteria set by the bank, only then you can take a loan from this app.
- Be an Indian citizen
- CIBIL score is very good
- If you are salaried, it is good otherwise the business income should be very high.
- You must be 21 years of age or older.
Minimum net monthly income of the employee should be Rs. 15,000/- for real time xpress credit and Rs. 10,000/- for RTXC-Elite.
Required Documents
- Pan Card & Aadhar Card
- ITR record or Salary slip
- Bank Statements (Last 3 months)
- Bank Account and IFSC code
How to perform?
First of all, download the SBI YONO application from the Play Store, then register it and log in using your email, and mobile number.
To get a YONO SBI Personal Loan, you have to follow some of the steps given below-
Step 01. Click on Menu bar and find ‘Loans’ section then tap on it and click on ‘Personal Loan’
Step 02. Now click on ‘Real Time Xpress Credit Line’ and then tap on ‘Apply Now’ button
Steps 03. After this enter your personal dettails and required information and submit the application.
After filling all the information and submitting, your loan will be approved after completing some necessary procedures on behalf of the bank.
- YONO stand for ‘You Only Need One’
This is a banking app through which you can easily do all the work related to state bank banking from home.ONO SBI puts India’s largest range of products and services at your fingertips.
• Quick Transfer – Immediate fund transfer to new beneficiary up to Rs 25,000/- per day
Experience convenience: Request Cheque Books, ATM Cards/Debit Cards or use the emergency services to change ATM PIN, block ATM cards/Debit cards or stop cheques, through YONO SBI
SBI YONO Features
· View Balance – View account balance and recent transactions
· Quick Pay – Use it for quick and simple payments.
· Can’t Login – In case forgotten MPIN/Login Password.
· Lock App – In case of need user lock app access
· ATM/Branch Locator
· FASTtag – Recharge
· Bharat QR
· BHIM UPI