SBI YONO App Loan 2023: Citizens can apply online for personal loans from SBI during this festival season where they will get a special offer from the bank of 0% processing fees on personal loans. It is a good opportunity for a person who wants to get an instant SBI YONO App Loan in their bank account. if you are also one of them then you can read this article where we provide you by step by the step-by-step procedure for applying online SBI YONO App Loan through the SBI mobile application including the SBI YONO App Loan eligibility criteria and other documentation which are necessary while applying for the State Bank of India yono personal loan 2023.
State Bank of India provides banking facilities to its customers through the SBI YONO mobile application. This is an all-in-one mobile application where customers can complete all the transaction activities within a few seconds. Now bank is also providing SBI personal loan facility from this mobile application to their existing customers. The bank has not specified the SBI YONO App Loan amount so you can apply according to your need. However, the bank is charging SBI Loan interest rates which start from 11.05% and it will increase according to the condition of the customer. The most eye catchy feature of SBI YONO personal loan 2023 is you need not pay any processing fees if you apply before 31 January 2024 as the banking opening festival Dhamaka personal loan in SBI.
SBI YONO App Loan Eligibility 2023
- The applicant should be a citizen of India
- Only existing customers of the State Bank of India can apply for this scheme.
- The age of the applicant should be more than 21 years old.
- You should have a working account in the SBI where you are getting either salary or receiving the money from your business.
You can also check your specific SBI YONO App Loan eligibility criteria by sending an SMS to this mobile number: 567676. You have to write the following matter in your SMS app and send it to the above number: PAPL last 4 digits of your SBI bank account. After this bank will send your eligibility condition to your registered mobile number with SBI and you can get an SBI personal loan accordingly.
Documents Required for SBI YONO App Personal Loan 2023
The following documents will be needed at the time of online application in the YONO SBI. However, physical documents will not be asked of the applicants to apply online for the SBI Yono App Loan Online 2023.
- Aadhar Card
- PAN card
- register mobile number which is linked with an Aadhar card, PAN card, and bank account in SBI
SBI YONO App Loan Apply?
Firstly you have to install the mobile application of SBI YONO App on your mobile and after that, you have to follow the following procedure:
- Register yourself on the YONO mobile application by entering your registered mobile number with SBI where you will get OTP and after that complete your profile.
- Now you have to search PAPL option in my mobile application and click on this.
- The application will ask you for your PAN number details and you will get OTP on your registered mobile number which is linked with your bank and PAN card.
- After that, you will see the SBI loan offer according to your eligibility in the dashboard
- If you agree with the loan amount then you can click on the proceed link and select the tenure of the loan amount to repay the loan timely
Once you have successfully submitted all the details you have to read carefully the terms and conditions of SBI pre-approved personal loan in YONO mobile application. If you agree to all the terms and conditions you can finally submit your application and the company will verify the details and send the SBI Personal loan amount to your bank account within a few hours.
How to get an SBI Yono Personal loan?
SBI is offering Yono loans only to its customers, State Bank of India offers pre approved loans to all its customers with the help of its Yono app, if a user has good transactions in his SBI account,
The consumer always keeps the minimum amount in his SBI account and if the Cibil score of that account holder is also correct, then the bank easily gives him a SBI Yono Personal Loan, and the user also gets the information through SMS and bank calls.
How to check the SBI Yono Personal loan offer?
If you are eligible according to the eligibility criteria given above, then first you will have to check whether you have received the offer of an SBI Yono loan or not.
To check this, an SMS will have to be sent from the number that is linked to your SBI account. In the message box write PAPL (give space) and the last 4 digits of the account and send it to 567676, now if you are eligible then you will get confirmation and you can take the SBI app loan.
Conclusion: SBI YONO App Loan 2023
Friends, today we will learn how to take the SBI Yono Personal Loan, and along with it, we have also seen important information, if you are eligible then you can really take the Yono Loan.
You get in a few minutes, read the interest and all the information properly, and only then apply for the loan, because if CIBIL gets spoiled due to non-payment, you will never be able to get a loan in the future. Also, be careful of Fraud Calls, do not share your banking information anywhere or give money in the name of getting a loan.