SBI observes digital banking platform ‘Yono’ first anniversary

| | Bhopal
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SBI observes digital banking platform ‘Yono’ first anniversary

Wednesday, 21 November 2018 | Staff Reporter | Bhopal

To observe the first anniversary of YONO- ‘You Only Need One’, country’s first lifestyle and digital banking platform offering Banking and other Financial Services, a grand function was organised at State Bank of India, Local Head Office, Bhopal on Tuesday.

Speaking on the occasion, Rajesh Kumar, Chief General Manager, told that YONO is a one of its kind platforms that is Omni channel ie it can be accessed on the mobile phones, both android and iOS, as also on the web through a browser and allows a seamless customer experience.

YONO offers an array of banking facilities like Fund Transfer, Bill Payment, Application for Loans and various Service Requests. Convenience of Loan against fixed deposit and Pre Approved Personal Loan attracts lot of customers to YONO. YONO is also the first to offer online purchase and viewing of Mutual Funds and Insurance policies within the portal, without redirecting customers to respective service providers.

This ensures uninterrupted access and purchase of investment products and financial services. YONO also allows customers to meet their lifestyle needs for which the Bank has partnered with more than 85 e-Commerce Merchants across 19 categories like Electronics, Automobiles, Fashion, Home furnishing, Education, Travel and Hospitality, Jewellery, Healthcare, Grocery, Gifts, Food, Entertainment, Cab Ordering, Train Booking etc.

SBI has tied up with country’s top e-Commerce companies such as IRCTC, Amazon, Croma, Tata Cliq, Hyundai, Ford, Tata Motors, Jabong, Myntra, etc. In a short period of one year, YONO has become the preferred lifestyle and digital banking platform of all, with more than 1.25 Crore downloads.

Rajesh Kumar, Chief General Manager, felicitated Harshita Tomar, Bronze Medallist (Sailing) in Asiad-2018 and Syed Jallaluddin Rizvi, Hockey Olympian player. Kumar also flagged off ‘YONO Rath’ to take the awareness to a higher level. The YONO Rath will visit various Colleges/ Universities at Bhopal.

It is pertinent to mention that ‘YONO Shopping Festival’ was also organised by SBI from October 16 to 21 on its digital app YONO, in which special discounts were offered by various e-commerce merchants with additional discounts for SBI Credit and Debit Card holders. YONO Shopping Festival was a huge Pan-India success.

Also present on the occasion were General Managers of the Circle CR Powar and Kaushik Sinha along with staff members.

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