Which type of debit card will be issued to YONO digital account holders?

A Classic Debit Card will be issued in the account, free of cost. ATM pin has to be generated through Green PIN process.

What is difference between SBI digital account and normal account?

The SBI digital savings account comes with a paperless account opening process. But, you will have to visit the bank once to complete the account opening process. You will need to maintain a minimum balance as defined for a normal savings bank account (Metro & Urban – Rs.

What is the minimum balance in SBI digital account?

No minimum balance: SBI Digital Savings Account is a zero balance account, and it does not have a minimum average balance requirement. Personalised debit card: Customers can personalise their debit card as per their liking.

What is difference between SBI digital account and Insta account?

The difference is one: SBI Insta Savings Account does not require any visit to the bank at all, whereas SBI Digital Savings Account may require an initial visit to the branch. Minimum balance requirements for these accounts are the same as other SBI Savings Bank Accounts, subject to a maximum balance of Rs. 1 lakh.

What is the difference between Insta saving account and Digital saving account?

Mode of operation: An Insta Savings Account can be opened and operated on a single basis. That means the ownership of the bank account is limited to one person only. However, the Digital Savings Account can be operated on a single or joint basis. In a joint account, more than one person holds the bank account.

What is YONO digital account?

It is an Aadhaar-based instant digital savings account, which can be opened through SBI YONO. It is completely paperless and can be opened with just a PAN and Aadhaar number. According to the SBI website, at any given point of time, an individual can have only one SBI Digital Savings Account in his/her name.

What is the difference between SBI anywhere and SBI YONO?

SBI Anywhere gives you access to your accounts and is really a wonderful, friendly app. YONO offers you the ease of Anywhere and also allows you to do online purchases at all major portals. What’s amazing is you can link your Demat, Mutual fund, Insurance holdings, Credit card.

What are the documents required to open an SBI Yono account?

Documents required: SBI requires users, looking to open either of the two bank accounts through YONO, to provide information on their Aadhaar card and PAN (permanent account number) card. The card numbers are entered online, either through the mobile app or the YONO website.

How to open a digital savings account with Yono?

The card numbers are entered online, either through the mobile app or the YONO website. PAN card is mandatory for opening digital savings account, please visit nearby SBI branch to open the account.

What is the nomination facility in Yono by SBI?

The Nomination Facility is available within the Yono by SBI app and is mandatory for Digital Savings Account. Nomination can be made in favour of only one nominee. The Digital Savings account can be closed by making a written request at the home branch only.

How do I make a credit card payment on Yono?

Step 1: Go to the Credit Card section of YONO and click on the card you wish to make payment for. Step 2: On ‘My Relationships’ page, click on ‘Pay now’. Step 3: Select the SBI account you wish to make the payment from. Step 4: Select the amount you wish to make the payment for.