Question

What is the difference between yono sbi and yono lite?

Answer 1

Yono SBI - YONO stands for You Only Need One. Apart from Internet banking, it also integrates online shopping, booking travel tickets, investments, etc. Much more lifestyle related options shall be added slowly.

Yono lite - Use your Retail Internet Banking credentials to login or register afresh through the Register > New User option. A safe, convenient and easy to use application with a host of features to help users manage your finances on the move.

Answer 2

YONO is the State Bank of India's integrated digital banking platform to allow customers to access various financial and other services, including booking flights, trains, bus and taxis, online shopping and medical bills. YONO is available both for iOS and Androidas a mobile application

Explanation:

• YONO SBI allows you to book, renew, save, re-book, use UPI for money transfers, make movie tickets available. YONO SBI allows you to transfer money. SBI YONO has a new name for convenience

1. Whether it's your food store, new appliances, booking your train / flight tickets or your next holiday, you are covered by YONO SBI. There are also  Exclusive SBI customer discounts and deals for SBI customers across merchants offering holiday reservations, booking flights and bus tickets, booking train tickets via IRCTC, delivery of food and more.
2. Perform core banking transactions like balance checking, making a fixed deposit, attaching a beneficiary to user interface, etc. • Fast pay-Immediate transfer to a newly added beneficiary up to a limit of . INR 10,000/
3. Connect to all State Bank agencies (Credit Cards, General insurance, Life Insurance, Travel Insurance, SIP, investments, or Mutual fund) and see your relationships in one app
4. Get an summary of your intelligent spending analysis to automatically identify and categorize and tag your transactions.
5. Get preapproved personal loans within 2 minutes, and no documentation upto INR 5 lakhs, avail overdraft against Fixed Deposit
6. Request debit/ATM cards, cheque books, or use the emergency services to block debit/ATm cards, change ATM/debit cards PIN, or stop cheques

• Yono Lite is a State Bank of India (SBI) Retail banking application offered on Mobile. All the existing Internet banking users and Yono Lite SBI application users can use this application. This is available to all SBI customers having an savings bank/current account. The app is available at Apple App store and Google Play store for Apple, Windows, and Android smartphones. SBI Retail Internet Banking users can download the app from respective stores and access the app  with his/her internet banking userid and password. It facilitates customers to perform banking transactions 24/7 at his/her convenience from any place just by using the mobile phone.  Some of the transaction that can be done are

1. Voice Assisted Banking
2. Transfer of fund to accounts in SBI and other Banks to registered beneficiaries
3. RTGS Funds transfer
4. Credit Card ( VISA ) transfer
5. Instant Opening/Closure of recurring and term deposits
6. Mobile Top -Up and DTH Recharge
7. Bill Pay for registered billers