The bank had updated the new features through the microblogging site Twitter. "Now check your account balance, view passbook and make transactions without logging in to the app. Bank quick with Yono SBI!," the bank had tweeted.
Note the key changes in Yono app
Apart from the login option you will be able to view balance and also opt for quick pay option.
A 6-digit MPIN or biometric authentication/face ID or user ID and password are required to use this facility.
Check steps on how to view balance, passbook in SBI Yono app without login
- Users need to use MPIN, User ID and password or biometric.
- Then press on the ‘View Balance’ option to check the balance.
- In the next step, you need to choose MPIN or User ID and Password or Biometric Authentication or Face ID.
- After authentication you can check balance of all accounts linked to the Yono app.
- Below the account balance will be the option of ‘View Transactions’, on which you can see the transaction details i.e. m-passbook of selected accounts.
SBI Yono Quick Pay feature
- Also, with the help of one click on the ‘Yono Quick Pay’, you can transact up to ₹2000 without logging into the app.
- For this, first, the authentication will have to be done
- Authentication can be done through one of the MPIN / Biometric Authentication / Face ID / User ID and Password.
In three years of its launch, Yono, the digital banking platform of SBI, has a valuation of over $40 billion, as per the bank's chairman Rajnish Kumar.
SBI had launched the Yono platform in November 2017 to help its customers' banking, investment and shopping needs. The bank created the platform with help from consultant McKinsey and tech major IBM.
The app has been adding 70,000 new users daily that has taken its registered users to 27 million as on August, 2020.