It is an application offered by State Bank of India. It is available in Play store. It is easy to install because it is only 8.59MB. it is used for open account instantly without leaving home. For account opening, you only need Aadhar card and PAN card details. If you need to open a bank account in SBI first download YONO by SBI app from play store. After that open the app, it shows three options;
- Explore financial products
- Browse shopping deals
- Open a new digital account
Click on the option “Open a new digital account” then click on the “Apply new” option. After that clicks on the Digital Savings Account then click on the apply option. Then you need to fill your details such as E-mail id, mobile number. Then you will get an OTP code and enter the code in the provided area. Then submit it. Then you need to create a password that contains minimum 8 characters of letters or numbers. You can also add a security question. It is for account recovery when you forgot the password. Then click on Yes or No button for tax details.
After that, you need to scan your Aadhar card barcode and enter Aadhar number. One important thing is that the Aadhar card must contain your full address. After that, you need to fill some personal details regards with your Aadhar card. Then enter the PAN card details. After the completion, you need to take a selfie or upload a passport size photograph to create your identity. Another point is that to add some additional details such as education qualification, marital status, father’s name, mother’s name, spouse name, annual income, occupation, and religion. Then you need to add nominees details such as Aadhar card and PAN card. Then select your nearest branch of the bank. After that, you need to agree to the terms and conditions provided by the bank. After that, you will get an OTP to create your account. Finally, you will get your Debit card by postal or you can collect it from the branch.