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How to take loan from SBI Yono app?

How to take loan from SBI Yono App: Friends, do you want to take a loan from India’s largest government bank State Bank of India (SBI) sitting at home, then this article is going to be very important for you.

In today’s article, we will tell you how to apply for a loan from home through the official mobile application of State Bank of India, YONO App, all types of loans available from YONO App., Will give detailed information about loan amount, interest rates, time period, eligibility, documents etc.

State Bank of India provides instant loan to customers at home through YONO Mobile App in just 4 clicks. Loan from YONO App is given to those applicants who follow the loan related criteria of the bank. To know how to take loan from SBI YONO app, read this blog post till the end.

what is sbi yono app

YONO App is the official mobile application of India’s largest public sector bank SBI, through which State Bank of India customers can avail banking services sitting at home.

Through YONO app, you can get information about your SBI account sitting at home, like checking balance, viewing passbook etc.Loan You can apply for, get insurance, create an investment portfolio and invest,Credit Card You can apply for Yono etc. and avail all banking services through Yono app.

Apart from this, you can also do ticket booking, bill payment, recharge, money transfer, QR code and UPI payment through YONO App. SBI Yono is a complete banking application.

SBI is the largest and oldest public sector bank of India, which was established on 1 July 1955 in Mumbai by the Government of India. Apart from India, SBI branches are also present in other countries.

Information related to SBI YONO APP

app nameYONO SBI App
App Typebanking
Name of bankstate Bank of India
founder of the bankIndian government
Establishment Day1 July 1955
head officeMumbai
app writing4.0/star
total downloads10 Million +

How to take loan from Yono app

If you have an account in SBI then you can take loan from YONO App. Only those people who have an account with SBI are eligible to take loan from YONO app.

If you have an account with SBI then you can apply for loan from SBI’s mobile application YONO by following the following process.

  • First of all, download and install SBI YONO App from Play Store in your mobile.
  • After this, register in the app and login.
  • Click on the 3 lines at the top and then select Loans.
  • Select the type of loan you want like home loan, personal loan, car loan, education loan, gold loan etc.
  • Here you will get all the information related to the loan, you apply for the loan by clicking on the Apply Now button.
  • Select the loan amount and EMI.
  • Now an OTP will come in your registered mobile number, enter it and verify it.
  • Once your loan is approved, the loan amount will be transferred to your SBI bank account.

So in this way you can take loan from SBI YONO App.

How many loans are available from YONO APP?

SBI provides the following loans through its official mobile application YONO App. 

  • personal loan
  • home loan
  • car loan
  • gold loan
  • education loan

These are all the loans available through SBI YONO App, further in the article you will get to know about all types of loans.

#1. SBI YONO Personal Loan

Loan Typepersonal loan
loan amountFrom 25 thousand to 35 lakh
Rate of interest9.80% to 12.80% per annum
period of timemaximum 6 years
processing fee1.50% + GST 

#2. SBI YONO Home Loan

Loan Typehome loan
loan amountUp to 90% of the house price
Rate of interest8.50% per annum
period of timeup to 30 years
processing fee0.17% + GST 

#3. SBI YONO Car Loan

Loan Typecar loan
loan amountOn-road car price up to 90%
Rate of interestUp to 8.65% per annum
period of timeup to 7 years
processing feeNIL

#4. SBI YONO Gold Loan

Loan Typegold loan
loan amountFrom Rs 20 thousand to Rs 20 lakh
Rate of interest1.25% per month
period of time12 months
processing fee0.50% of loan amount + GST

#5. SBI YONO Education Loan

State Bank of India provides education loan to the students for their good education. SBI has many education loan schemes. SBI customers can also apply for education loan online through YONO App.

State Bank of India provides loans up to Rs 7.5 lakh to students to study in India, SBI also provides loans of more than this amount in some special courses. And provides a loan of Rs 1.5 crore for studies abroad.

The interest rates in all education loan schemes of SBI start from 10.90% per annum and the maximum time for loan repayment is 15 years. The repayment time of the loan starts 1 year after the completion of the course.

You can understand it better by reading the article on SBI Education Loan in our blog.

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