In this article, we will be going to know about SBI YONO and how it world, and how to use it. So let's start it YONO (You Only Need One) is an integrated digital banking platform offered by the State Bank of India (SBI) to enable users to access a variety of financial and other services such as flight, train, bus, and taxi bookings, online shopping, or medical bill payments. YONO is offered as a smartphone app for both Android and iOS.
The launch of YONO had a code name project Lotus. The YONO is developed by IBM and launched in around 13 months. The cost of development was expected around ₹4,000 crores.
Launch
YONO was launched on 24 November 2017.
Features
YONO offers services from over 100 e-commerce companies including online shopping, travel planning, taxi booking, train booking, movie ticket booking,
online education, and offline retail with special discounts.[2] YONO also offers convenient mobile banking services such as bank account opening, fund
transfers, cashless bill payments, and loans. The smartphone app can be used to make ATM withdrawals.
References
"SBI launches YONO, an integrated app for financial services". The Hindu. 23 November 2017. Retrieved 24 November 2017.
"SBI's YONO allows instant digital savings accounts and online loans". The Times of India. 24 November 2017. Retrieved 24 November 2017.
Dubey, Navneet (2019-04-05). "How to withdraw cash from SBI ATM without using a debit card or SBI YONO app". The Economic Times. Retrieved 2019-05-23.
