SBI Online: Massive milestone for YONO - Check what digital service platform achieved

YONO SBI has partnered with more than 100 e-Commerce players across 20 plus categories.

Photo from SBI Twitter

In a major development, India's largest lender, State Bank of India’s digital service platform - YONO (‘You Only Need One’) has now touched the landmark of 20 million registered users. "Since its inception in November 2017, YONO has been gaining immense popularity among customers as the platform provides them an all-in-one solution for their banking, shopping, lifestyle and investment needs," SBI said in a statement.

YONO SBI has partnered with more than 100 e-Commerce players across 20 plus categories.

"SBI through YONO has come up with various initiatives catering to all categories of customers that include YONO Krishi, YONO Global, YONO Cash, YONO Shopping Festival and the likes," SBI added.

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So far SBI has opened over 6.8 million SB accounts on YONO with customers having an option to open Digital Savings Account 24x7 with just 1-time branch visit for KYC.

Through YONO SBI, the Bank is opening 20000 account every day, as per SBI.

Commenting on the ocassion, Rajnish Kumar, Chairman, SBI said, “We are happy to see our flagship digital offering YONO reaching newer heights. The milestone of 20 million registered users is a testament of our customers’ trust and acceptance for YONO."

"We are glad that our effort and investment to design YONO is showing impressive results. We are aiming to on-board all our existing and new customers to YONO to provide them with a delightful shopping, banking and lifestyle experience all under one roof backed up with latest technological innovation," Kumar added.

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