Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

YONO SBI details and review

A digital banking platform that serves as a one-stop app for all your financial and lifestyle needs.

Leaving your home with a bunch of documents and waiting for hours at a bank to open a savings account is a thing of the past with YONO SBI. Now, all you need is five minutes on your phone and you have all the banking services at your fingertips. The process of opening a digital savings account with YONO SBI is paperless and absolutely seamless.

We will go through all the details of YONO SBI and review the account so you can decide if it’s right for you.

How does YONO SBI work?

YONO, short for ‘You Only Need One’, is an integrated digital banking platform offered by the State Bank of India (SBI) that enables customers to access a wide array of financial and lifestyle services on one connected hub.

This includes a wide range of SBI’s products and services, including bank accounts, cards, mutual fund, insurance and securities. On top of all the standard banking services (e.g. money transfer, bill payments and loans), YONO SBI also offer other popular features such as online travel booking for trains, flights, and buses.

YONO SBI is available as a smartphone app for both Android and iOS, as well as a web portal. To get started, you’d first need to have an SBI bank account.

How to log into YONO SBI

If you’re a new SBI customer, make sure to compare all the available bank account options before applying online. Once your account is set up, you’d be able to log into YONO SBI and start exploring the various services. The account-linked platinum debit card will also be delivered to your registered address within a few business days.

For existing SBI account holders, simply sign in to YONO SBI with your current SBI internet banking credentials. Alternatively, you can also login using your using ATM card details.

Key features

  • Simplified banking. Sail through the intuitive and simple navigation and interface for` a delightful digital banking experience.
  • Quick pay. Transfer funds in just four clicks and also make UPI-enabled payments.
  • Online shopping. YONO SBI doubles up as an online marketplace. Shop for products, buy movie and travel tickets, subscribe for services and more.
  • Exclusive discounts. Enjoy a range of discounts and offers across a host of e-commerce merchants and get the best shopping deals.
  • YONO Cash. Withdraw money from any SBI ATM without using your card or generating a withdrawal slip using the YONO SBI platform.
  • Grow your wealth. Invest in mutual funds and securities through YONO SBI and start building and managing your portfolio.
  • Spending analysis. Receive an intelligent spending analysis to know how and where you utilise your funds and better manage your finances.
  • Organise and track spending. Use smart auto-tagging and transaction categorisations to track the flow of your finances.
  • Pre-approved loans. Avail pre-approved personal loans up to ₹1 lakh within two minutes without any documentation.

What account options are there?

YONO SBI is available to all SBI customers, regardless of which SBI bank account you hold. Here are some of the most popular accounts variants offered by SBI:

SBI offers most of its banking services for free, including a platinum/Rupay debit card when you create your bank account. There are some limits, however, to take note of.

  • The maximum limit per cash withdrawal transaction is ₹10,000.
  • The maximum cash withdrawal limit is ₹20,000 per day.
  • The minimum amount for cardless transactions is ₹500.
  • A 10-leaf cheque book is available on request at ₹40 + GST.
  • A 25-leaf cheque book is available on request at ₹75 + GST.

How to sign up

You can sign up for an SBI account digitally, either through the mobile app or the bank’s website. Either way, it only takes five minutes and the process is just as seamless. Before you do, make sure to compare your options and select the one that best suits your needs and preferences.

The eligibility criteria and required documentation may vary based on your account choice, these are typically required:

Eligibility criteria

  • At least 18 years old
  • A resident of India with an Indian residential address

Required documents

Make sure you have the following details with you when applying:

  • PAN number
  • Aadhaar number
  • Aadhaar-linked mobile number

Compare a range of digital bank accounts in India

Name Product Monthly Account Service Interest Average Monthly Balance Fund Transfer
HDFC Bank Instant Savings
Up to 2% p.a.
Choose and open a new HDFC savings account instantly at the comfort of your home. All you need is a valid mobile number, Aadhaar, and PAN details to get started.
Kotak 811 Digital Bank Account
Up to 4% p.a.
Access essential banking services such as NEFT / IMPS transfers and virtual debit card payments, without having to complete a full KYC verification.
Indus Delite
Up to 6% p.a.
Receive a rewards-packed Platinum Plus debit card with this zero balance savings account and benefit from attractive cashback, deals, complimentary insurance, and more.
Jupiter Account
Up to 2.5% p.a.
Take control of your finances with advanced spend analytics, live insights and more. Earn 1% cashback on all purchases with a free debit card.
Benefit from a host of banking and payments features, plus a three-in-one smart card with integrated debit, credit and forex functionalities.
Digibank Savings Account
Up to 4% p.a.
Benefit from competitive interest rates, spend analytics and effortless payments with this fully digital savings account.

Compare up to 4 providers

Frequently asked questions

More guides on Finder

  • Airtel Payments Bank review

    This article provides a complete overview of the Airtel Payments Bank account. Read all about its features, fees, drawbacks, and how to open an account.

  • ICICI Bank Insta Save Account review

    This article provides a complete overview of the ICICI Bank Insta Save account. Read about its features, fees, drawbacks, and how to open an account.

  • Pockets by ICICI Bank review

    This article provides a comprehensive review of Pockets by ICICI Bank. Read about its features, fees, drawbacks, and how to open an account.

  • Axis Bank ASAP Review

    This article provides a complete overview of Axis Bank’s ASAP Account. Read all about its features, fees, drawbacks, and how to open an account.

  • HDFC Bank Instant Savings review

    This article provides a full review of HDFC Bank’s Instant Savings account. Read about its features, fees, drawbacks, and how to open an account.

  • Mobile-only banks

    Mobile-only banks (digital banks) are offering a whole new way to manage your money. Find out more about what these banks are offering and whether they’re right for you.

  • Jupiter Review

    Earn assured cashback with every transaction and avoid hidden bank charges and fees. Learn more about the neo bank for the millennial.

  • AscendEX (BitMax) Cryptocurrency Exchange Review

    A complete review of the AscendEX exchange, covering trading and DeFi features, associated fees, regulation and security. Is AscendEX right for you?

  • Slice review

    Designed with the credit and payment needs of India’s millennials in mind, Slice offers a great way to borrow and transact at zero fees.

  • Exness review

    Benefit from zero trade commission on selected accounts, low spreads and a host of advanced trading tools with Exness online brokerage.

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy Policy and Terms.

Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site