State Bank of India (SBI) provides a convenient way for its customers to manage their finances through its digital platform, SBI YONO. Adding a beneficiary to your SBI YONO account is a simple process that can be done in just a few steps. Whether you need to transfer funds to a friend or family member, or pay bills to a vendor, having a beneficiary added to your account can save time and simplify the process. In this article, we will guide you through the steps to add a beneficiary in the SBI YONO app.
How to Add Beneficiary in SBI Yono App
Table of Contents
To add a beneficiary in SBI YONO app, follow the steps below:
- Login to the SBI YONO App using your username and password.
- Go to the “Fund Transfer” section and select “Add Beneficiary”.
- Enter the beneficiary’s name, account number, and bank name.
- Enter the beneficiary’s bank’s IFSC Code and the mobile number linked to the account.
- Verify the details and confirm the transaction.
An OTP will be sent to the beneficiary’s mobile number, which will be required to complete the transaction. Once the beneficiary is added, you can transfer funds to their account anytime from the SBI YONO app.
It is important to note that there may be a limit to the number of beneficiaries you can add and the frequency of transactions you can make, which may vary based on your account type and other factors. Contact SBI customer care for more information.
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FAQ: About how to add beneficiary in sbi yono app
State Bank of India (SBI) YONO is a digital platform that allows customers to perform various banking transactions, including adding a beneficiary, from their mobile phones. Adding a beneficiary in SBI YONO is a simple and convenient process that can be completed in a few easy steps. In this FAQ, we will provide you with detailed instructions on how to add a beneficiary in SBI YONO.
Q: What is the process for adding a beneficiary in SBI YONO?
A: The process for adding a beneficiary in SBI YONO involves the following steps:
Open the SBI YONO app and log in to your account.
Go to the “Transfers” section and select “Add Beneficiary”.
Enter the details of the beneficiary, including their name, account number, and IFSC code.
Verify the details and submit the request.
Wait for the beneficiary to be approved, which may take up to 2 hours.
Q: What type of account can be added as a beneficiary in SBI YONO?
A: You can add a beneficiary with an SBI account or any other bank account in India.
Q: Is it necessary to have the beneficiary’s mobile number while adding them in SBI YONO?
A: Yes, it is necessary to have the beneficiary’s mobile number while adding them in SBI YONO.
Q: How many beneficiaries can I add in SBI YONO?
A: There is no limit on the number of beneficiaries you can add in SBI YONO.
Q: How long does it take for the beneficiary to be approved in SBI YONO?
A: It takes up to 2 hours for the beneficiary to be approved in SBI YONO.
Q: Can I delete a beneficiary once added in SBI YONO?
A: Yes, you can delete a beneficiary once added in SBI YONO. Simply go to the “Transfers” section and select “Manage Beneficiary” to delete a beneficiary.