Yono SBI App Personal Loan Online Apply |
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 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.
Through SBI Yono, you can take a loan of up to Rs 15 lakh and 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’s approval. This is a fast and convenient way to obtain an SBI Personal Loan. We’ll cover the full details in today’s article. To learn more, please read this article carefully until the end.
Eligibility to avail loan from SBI YONO App
If you want to take out a personal loan through the SBI Yono App, you’ll first need to meet the eligibility criteria. If you meet these criteria, you can apply for a loan.
- The age of the applicant applying for a loan from SBI Yono app should be minimum 21 years and maximum 58 years.
- A loan is granted only if 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.
- 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 then first you will have to open your account in SBI.
- If your credit score is 750 or higher, you’ll be more likely to get a loan with a better interest rate. Those with a lower score may face difficulties getting a loan or may have to pay higher interest.
How to take loan from SBI Yono App?
If you want to apply online for a personal loan using the SBI YONO App, then you will have to follow the below mentioned procedures step by step, which are as follows –
- To take a personal loan from SBI YONO App, first of all you will have to install SBI YONO App from the Play Store of your mobile phone.
- 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 and select the personal loan option from the available loan options.
- After that you will have to enter all your details correctly and select the loan amount and time period.
- After that, the verification process will have to be completed through OTP and the applicant will have to be submitted.
- After that your applicant’s processing 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.
In this way, you can easily apply online for personal loan from SBI Yono App by following all the steps mentioned above.
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 please share this article.