Hello friends, I welcome you all to today’s article. Friends, I will give you information on how to take personal loan from SBI YONO App. Friends, if you are a SBI account holder and are looking for an instant loan, then you do not need to go to the bank branch to take a loan. You can apply for personal loan from SBI YONO App while sitting at home.
You can take a personal loan of up to Rs. 10 lakh through Yono app. In today’s article, we will tell you its complete information in detail so that you can easily take personal loan from SBI YONO App and avail its benefits. But for this you will have to read this article carefully till the end.
What is SBI Yono Personal Loan?
The app launched by SBI is named SBI YONO, through this app you can avail all the facilities of SBI. Through this app you are given the facility of instant loan along with banking. SBI YONO personal loan is a type of pre-approved loan offered by the SBI bank. On getting SBI YONO loan offer upon meeting certain eligibility, the user can avail the loan by just doing KYC Verification with the help of the app. But to avail SBI Yono loan, the user has to check his eligibility first.
How to take personal loan from SBI Yono App?
Friends, if you want to take a personal loan from SBI YONO, then for this you will have to follow all the processes mentioned below step by step, which will be of this process –
- To take personal loan from SBI YONO App, first of all you will have to go to the play store of your mobile phone and from there you will have to download SBI YONO App.
- After downloading, you will have to open this app and login by entering your username and password.
- After that, you will see the Loan option in the app on which you will have to click and choose Personal Loan from the available loan options.
- After that you will have to fill in all your information correctly, select the loan amount and time period and after that you will have to complete the verification process through OTP.
- The applicant will have to be submitted and after that the processing of your application will be started.
- If you have filled everything correctly in the form then you will soon receive a message regarding your loan approval and the loan amount will be transferred to your bank account.
In this way, by following all the steps mentioned above, you can easily take a personal loan from SBI YONO App while sitting at home.
Benefits of SBI Yono App Personal Loan
- Through the SBI YONO app, loan approval is received very quickly. After applying, the bank approves the loan within a short time, so you do not have to wait for long and the loan amount is directly transferred to your bank account.
- With the help of this app, pre-approved personal loan is provided, for which you will need to submit very few documents at the time of applying online.
- The interest rate on SBI Yono app personal loan ranges between 10.5% to 14%. The bank decides the interest rate based on your credit history and profile, so that eligible customers can get loan at affordable rates.
- If you take a loan of up to Rs 10 lakh, it can be repaid in easy monthly installments of up to 5 years. This will not be a burden on your EMI and can be easily accommodated in the budget.
conclusion –
Friends, in today’s article I have given you information about how to take a personal loan from the SBI YONO App. I have explained its complete online application process in detail so that you can easily take a personal loan from the SBI YONO App while sitting at home and can also avail its benefits. Friends, if you all liked today’s article then please share this article.