Hello friends, I welcome you all to today’s article. Friends, we will inform you how to take a personal loan from SBI YONO App. Friends, if you are an account holder of SBI Bank 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 through SBI YONO App while sitting at home. You can take a 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 disbursed to your bank account within 10 to 15 minutes of your application being approved. This is a fast and convenient way to avail an SBI personal loan. The special feature is that you will not need to pledge or guarantee any valuable asset/property to avail the loan. The entire process will be online. We will explain the full details of this in today’s article. For this, you will have to read this article carefully till the end.
Benefits of taking a personal loan from SBI Yono App
- Loan approval through the SBI YONO app is very fast. The bank approves the loan within a short time after applying, so you don’t have to wait long and the loan amount is credited directly to your bank account.
- The interest rate on personal loans taken through the SBI YONO app ranges from 10.5% to 14%. The bank determines the interest rate based on your credit history and profile, allowing eligible customers to avail of loans at affordable rates.
- The service of Yono app is available 24/7. If you face any problem in taking a loan, you can get the solution by contacting its customer care.
- You will not need to pledge anything or provide any guarantee to avail a personal loan from Yono.
- If you take a loan of up to Rs 15 lakh, it can be repaid in easy monthly installments over 5 years. This will not burden your EMI and will be easily accommodated in the budget.
- Pre-approved personal loan is offered through SBI Yono app, for which you will need to submit very few documents while applying online and the entire process will be paperless.
- The app’s interface is very simple and user-friendly. You can apply for a loan online from your mobile phone in just a few minutes. You don’t need to submit any physical documents or visit an SBI bank branch.
How to take personal loan from Sabi Yono app?
If you want to apply online for a personal loan from the SBI YONO App, then you will have to follow all the procedures mentioned below step by step, which will be of this format –
- To take a 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 install SBI YONO App.
- After installation, you will have to open this app in your mobile phone and login by entering username and password.
- After that you will see the loan option in the app on which you will have to click.
- You will have to select Personal Loan from the available loan options and enter your details correctly, select the loan amount and time period.
- After that the verification process will have to be completed through OTP.
- Now you have to submit the application and after that the processing of your application will be started.
- If you have filled everything correctly in the form, you will soon receive a message regarding loan approval and the loan amount will be credited to your bank 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 by applying online from the comfort of your home and can also avail its benefits. Friends, if you all liked today’s article, then do share this article.