is SBI YONO good ?

is SBI YONO good ?

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Is it compulsory to open a YONO online account if we want to open savings account in SBI ?

If NO then which is good : regular offline account (provides passbook) or YONO And please suggest cons of YONO .
@mastervijay @tejaa

ps.I already go through googling, but reviews looks like biased.

23 Comments  |  
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Deal Subedar
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Its Not compulsory as per my knowledge !
Even you can opt for YONO after starting offline account ! YONO is just an app which consolidates all SBI services. (Correct me someone if im wrong)

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Visit any sbi intouch office (if they still exists) and open a savings account there.

AMB will be between 2.5k to 3k. You will get the NB user ID & password in hand and photo debit card with in 10mins of account opening.

Regular branches will take a hell lot of time and you will have to visit many times for NB activation and all. So I won’t recommend that.

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Tejaa wrote:

Visit any sbi intouch office (if they still exists) and open a savings account there.

AMB will be between 2.5k to 3k. You will get the NB user ID & password in hand and photo debit card with in 10mins of account opening.

Regular branches will take a hell lot of time and you will have to visit many times for NB activation and all. So I won’t recommend that.

Photo debit card within 10mins ? flushed That too from SBI hushed

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OP in short,

Regular Branches: Tagging you in DD without copy pasting your user ID

SBI intouch: Tagging me stuck_out_tongue

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mastervijay wrote:

Photo debit card within 10mins ? flushed That too from SBI hushed

Yes. They have a photo debit card machine. You will have to stand infront of that machine. The machine will click your photo and print it on the debit card.

All thanks to @abhishek012 for introducing me SBI intouch.

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Tejaa wrote:

OP in short,

Regular Branches: Tagging you in DD without copy pasting your user ID

SBI intouch: Tagging me stuck_out_tongue

Thanks a ton grinning , but is there any terms like home branch there ?

SBI intouch is located far from home;
so do i need to visit that for any casually services (like credit, debit card request) or it will be done online/at any branches ?
+
What was the reason to avoid YONO/digital account and to go with SBI intouch ?
(Sorry for too questions ; these are last . And will kick my bike toward bank after your reply)

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NENE wrote:

Thanks a ton grinning , but is there any terms like home branch there ?

SBI intouch is located far from home;
so do i need to visit that for any casually services (like credit, debit card request) or it will be done online/at any branches ?
+
What was the reason to avoid YONO/digital account and to go with SBI intouch ?
(Sorry for too questions ; these are last . And will kick my bike toward bank after your reply)

  1. The home branch term is there.
  2. Most of the services can be done online through NetBanking. I am only not sure about the charges of cash deposit on non-home branches, you will have to confirm with the branch.
  3. The reason was to avoid the delay/time taken by regular branches to process the account opening request and also multiple visit for net banking activation and all.
  4. This is a digital savings account only by Yono. But full fledged account with full kyc.
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Tejaa wrote:
  1. The home branch term is there.
  2. Most of the services can be done online through NetBanking. I am only not sure about the charges of cash deposit on non-home branches, you will have to confirm with the branch.
  3. The reason was to avoid the delay/time taken by regular branches to process the account opening request and also multiple visit for net banking activation and all.
  4. This is a digital savings account only by Yono. But full fledged account with full kyc.

Great sir!
So there is no difference with account property except easiness of making new account so going to home branch as it’s walk-in distance so not an issue to bell the manager daily , also there is YONO everywhere so its same deal .

Thanks mastervijay</a> "Tejaa":https://www.desidime.com/users/...94

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SBI intouch are out of service from last few months after the Aadhar card verdict. 3 intouch branches around me are closed. Stopped account opening and all their services like Instant debit card and net banking.

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Tejaa wrote:

Yes. They have a photo debit card machine. You will have to stand infront of that machine. The machine will click your photo and print it on the debit card.

All thanks to @abhishek012 for introducing me SBI intouch.

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mastervijay wrote:

Its Not compulsory as per my knowledge !
Even you can opt for YONO after starting offline account ! YONO is just an app which consolidates all SBI services. (Correct me someone if im wrong)

You are right.

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mastervijay wrote:

Its Not compulsory as per my knowledge !
Even you can opt for YONO after starting offline account ! YONO is just an app which consolidates all SBI services. (Correct me someone if im wrong)

I visited 2 branches from Received NO to offline accounts from both side. Even a senior citizen was came up with the filled form in his YONO app . Although still i am think there should be option for traditional offline form but atlast its SBI; their branch their rules confused.

Ps. At first branch employee told me i have to do mandatory insurance of 1000 . So have to deposit 3000+1000 . I told me i already had my personal insurance still he was strong on his commitment; even he was letting me to manager . Is there any such new rule of insurance there ?

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NENE wrote:

I visited 2 branches from Received NO to offline accounts from both side. Even a senior citizen was came up with the filled form in his YONO app . Although still i am think there should be option for traditional offline form but atlast its SBI; their branch their rules confused.

Ps. At first branch employee told me i have to do mandatory insurance of 1000 . So have to deposit 3000+1000 . I told me i already had my personal insurance still he was strong on his commitment; even he was letting me to manager . Is there any such new rule of insurance there ?

Seems weird flushed Then contact head office/branch in your area ! You will get to know all details ! Else its better to find a friend who having account in your nearest sbi branch and ask him to introduce to open account with his reference (possibly they should not ask to fulfill all the above mentioned criterias)

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Account opened through YONO are almost same as regular account opened through branch. You can also get passbook issued from branch (although some branches resist initially but you can visit branch after few days and get passbook issued).
Account opened at branches are subject to lengthy scrutiny by back office before activation while account opened through YONO are activated swiftly.
Go ahead and open account through YONO.

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I have opened SBI YONO account 4 months before.But unable to withdraw money vai ATM , Unable to send Through UPI , NEFT , IMPS even unable to add beneficiary. Having net banking also. What can be the solution ?

@Tejaa
@mastervijay
@abhishek012
@bip100

@SHAIL_DA
Please help      

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ViratKohli18 wrote:

I have opened SBI YONO account 4 months before.But unable to withdraw money vai ATM , Unable to send Through UPI , NEFT , IMPS even unable to add beneficiary. Having net banking also. What can be the solution ?

@Tejaa @mastervijay @abhishek012 Please help

visit your SBI branch and complete full kyc

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ViratKohli18 wrote:

I have opened SBI YONO account 4 months before.But unable to withdraw money vai ATM , Unable to send Through UPI , NEFT , IMPS even unable to add beneficiary. Having net banking also. What can be the solution ?

Tejaa</a> <a href="https://www.desidime.com/users/1075538" target="_blank" rel="nofollow">mastervijay abhishek012</a> <br>"bip100":https://www.desidime.com/users/...57
Please help 

That means kyc is pending.

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ViratKohli18 wrote:

I have opened SBI YONO account 4 months before.But unable to withdraw money vai ATM , Unable to send Through UPI , NEFT , IMPS even unable to add beneficiary. Having net banking also. What can be the solution ?

@Tejaa
@mastervijay
@abhishek012
@bip100

@SHAIL_DA
Please help      

Contact customer support through registered mobile number.. only they should know the real issue,, since your entire banking process got blocked temporarily ! There is no other go !

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Debit card dispatched today .. thanks to all (Sorry for not able to give you karma confused )
Again …… I am unemployedstudentAge 20No ITR yet — good credit score of the father(if it’s important in any way)
so can I will be eligible for a credit card if applied for simply click / simply save or should wait till getting my income start

@Tejaa
@mastervijay
@abhishek012
@bip100

@SHAIL_DA

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