SBI Yono App Personal Loan Apply online | How to take loan from SBI Yono App

Hello friends, I welcome you all to today’s article. Friends, we will inform you how to take a loan from SBI YONO App. Friends, if you are an SBI account holder and are looking for an instant loan, then now you do not need to go to the bank branch to take a loan. You can apply for a personal loan from the comfort of your home through SBI YONO App.

You can take an instant loan of up to Rs 15 lakh through YONO App and can pay EMI for a period of 5 years. The loan amount will be credited to your bank account within 10 to 15 minutes of your application being approved. This is a fast and convenient way to get an SBI personal loan. We’ll cover the details in today’s article.

Eligibility for SBI YONO App

1. Applicants applying for a loan must be at least 21 years of age and at most 58 years of age. Those below or above this age will not be considered eligible for this loan.
2. If your credit score is 750 or higher, you’ll be more likely to get a loan at a better interest rate. Those with lower scores may face difficulties getting a loan or may have to pay higher interest.
3. If you already have an account in SBI Bank then the loan process will become faster and easier and if you do not have an account in SBI Bank then first you will have to open your account in SBI.
4. A loan is granted only when the bank is confident that you will be able to pay the EMIs on time. This requires a regular income. You can prove your income by submitting a salary slip, bank statement, or income tax return.

How to take loan from SBI Yono App?

If you want to apply online for a personal loan from SBI Yono App, then for this you will have to follow all the procedures given below step by step, which are as follows –

1. To take a personal loan from SBI YONO App, first of all you will have to open the Play Store of your smartphone.
2. After that you will have to install YONO application in your mobile phone, for which you will have to click on the search option of Google Play and search by typing YONO.
3. Now you will have to enter all the details and easily start the YONO application completely.
4. After that, to apply for SBI Yono Personal Loan, you will have to click on the Loans option.
5. After that you will have to click on the Personal loan option.
6. As soon as you click on the personal loan option, the loan application form will open in which you will have to enter all the information correctly.
7. After entering all the information, you will finally have to click on the submit option.
8. As soon as you click on the submit option, you will see the loan approval amount, in which you will have to select the loan amount as per your requirement.
9. After that, the loan agreement will have to be signed and after completing the KYC by doing Aadhar authentication, one can easily apply for the loan successfully.
10. After the application is made, the approved loan amount will be credited to your account.

conclusion –

Friends, in today’s article, we have given you information about how to take a personal loan from SBI YONO App. We have explained its complete online application process in detail so that you can easily take a personal loan from SBI YONO App sitting at your home and can also get its benefits. Friends, if you all liked today’s article, then definitely share this article.