How to Transfer Money From YONO SBI?

I recently downloaded YONO especially to keep a track of the transactions that happen through my account and to easily transfer big sums to another account as per my need. ‘State Bank of India's authorised mobile banking app is called Yono SBI (SBI). It enables users to do all financial activities safely and securely in one location. Additionally, it enables you to carry out additional tasks like investing, scheduling tickets, paying bills, recharging your phone, shopping, and purchasing electronics, among others. But I wasn’t very well aware of how to transfer money from YONO SBI. So, my father helped me with it. I will share with you all that my father made me understand about the process.

How to transfer money from YONO SBI to another account?

You can start a fund transfer with NEFT, RTGS, IMPS, and UPI transactions in the Yono SBI mobile application. The IMPS mechanism is the most preferred funds transfer for instant settlement. To understand how to transfer money from YONO SBI app you can follow the given steps.

Login to YONO SBI app

To understand how to transfer money from YONO SBI app you can follow the given steps.

• Start by opening the Yono SBI mobile app on your smartphone. You'll be prompted to input your MPIN.

• Correctly input your MPIN in the appropriate section, and your home page will be shown.

• Then, as seen in the figure below, click the Menu button in the top left corner. All service options offered by the application will be displayed.

• After that, select the "Yono Pay" option as displayed in the figure below.

Beneficiary Addition

• The listing of fund transfer available options in the phone app will then appear on the following screen.

• Next, select "Transfer to Bank Account."

• Click the "Pay a new Beneficiary" button in the following step. You'll then be prompted for your Mobile banking password.

• After entering your internet banking password, press the "Submit" button.

• You will be prompted to choose the beneficiary bank, either SBI or another bank, in the following stage.

• Select the Other Bank option if you are transferring money to a different bank account (one that is not affiliated with SBI).

• Then, fill in the appropriate field with the beneficiary account information, including Name, Account Number, IFSC code, Highest Amount, and Nickname, and click the "Next" button.

• Next, fill out the appropriate fields for the transfer amount and remarks before clicking the "Pay" button.

Verify Account Details

• The account information will be displayed for verification in the following step. Verify that the information was entered accurately.

• Click the "Back" button to make any changes to the details. It will go back to the earlier part so you may make the necessary adjustments.

• If all the information is accurate, press the "Confirm" button.

• After that, an OTP will be sent to your registered phone number. Place the OTP in the appropriate field, then press the "Submit" button.

• Your cash will be instantly sent to the beneficiary account after successful authentication. As seen in the image below, you will get the message "Transaction is successful."

This is how to transfer money from YONO SBI.

YONO has been a life saviour for years. I have been using YONO since its introduction in the market and I never had any fear while using it since it was a SBI product. If you are wondering about

how to transfer money from SBI YONO app to other bank account, I can tell you the process. I have helped out my father and my brother with this process too. So, I am quite versed in it.

How to transfer money from YONO to other bank account?

To transfer money from YONO SBI (State Bank of India) to another account, you can follow these steps:

• Open the YONO SBI mobile banking app on your smartphone or access the YONO SBI website on your computer.

• Login using your credentials, such as your username and password.

• Once logged in, navigate to the “Transfer” or “Fund Transfer” section within the app or website.

• Select the option to transfer funds to another account, which may be listed as “IMPS,” “NEFT,” or “RTGS” transfer.

• Enter the recipient’s account details, including the account number, bank name, branch, and IFSC code. Ensure that you provide accurate information to avoid any issues with the transfer.

• Enter the amount you wish to transfer and choose the mode of transfer (IMPS, NEFT, or RTGS) based on your requirement and the transfer limits.

• Verify the details entered and confirm the transaction.

• Once confirmed, the money will be transferred from your YONO SBI account to the recipient’s account.

Now you know

how to transfer money through YONO app.

A few months back, my mother found herself in a situation where she needed to transfer money from her YONO SBI account to another account. Although she has learned quite a lot about the fast pacing technology, she was still confused about

how to do NEFT in SBI YONO. So, I helped her out. Let me tell you how.

How to transfer money in YONO SBI?

To do NEFT in SBI YONO app, you can follow these steps:

1. Open the SBI YONO app on your smartphone and log in using your credentials.

2. Once logged in, navigate to the "Transfers" section or find the "Fund Transfer" option.

3. Select the "NEFT" transfer option.

4. Enter the recipient's account details, including the account number, bank name, branch, and IFSC code.

5. Enter the amount you wish to transfer and select the mode of transfer.

6. Verify the details and confirm the transaction.

7. Provide any additional authentication or verification required, such as an OTP (One-Time Password).

8. Once confirmed, the NEFT transfer will be initiated, and the money will be transferred to the recipient's account.

I hope this helps you understand

how to do NEFT in SBI YONO.