How to get SBI Personal Loan through SBI Yono App, SBI Yono Pre Approved Personal loan (PAPL). Download SBI Yono App from Playstore/ App Store now…,
The State bank of India is the largest public sector banks in India with huge customer base providing wide variety of services to all its customers throughout the country. The state of India has branches of around 22000 all around the country and also 58000 ATMs providing its services to all the customers. The SBI is very trusted bank for most of the Indian people. The various services provided by State bank of India includes the retail banking, corporate banking, mortgage loans, investment banking, credit and debit card facility and many more to satisfy the customer growing bank needs.
The SBI has come up with an online banking application called the SBI YONO application which is YOU ONLY NEED ONE wherein it is an huge digital platform providing digital banking services to its customers. The SBI has come up with a thought of providing loan to some selected customers thereby meeting the financial needs of its customers. The SBI has released a statement that it has selected few customers based on their financial stability for this loan as the loan will be provided without any physical documentation and without requiring the customer visiting the State bank of India branches to acquire the loan.
If you are waiting to get that loan and want to make yourself financially comfortable then here you are at the correct page and here let’s have a detailed review on how you can know if you are eligible for this SBI YONO personal loan and also the steps to follow to apply for this loan.
SBI Yono Pre Approved Personal loan (PAPL)
You can send an SMS from your registered mobile number to know your eligibility for SBI YONO personal loan. All you need to do is to send SMS as following.
- PAPL<space><last 4 digits of SBI Savings Bank Account No.>” to 567676
Once you are confirmed that you are eligible for this loan then download the SBI YONO application from the plays store and then login using your details and then go to click on avail now option and then select the tenure and the amount of your loan and then you will receive an OTP, enter the OTP and then click submit and thus your amount will be credited to your account without any trouble and hassle free.
All you need to keep in mind is that the interest rate for this type of loans will start from 9.85 percent per annum.
Hope the article is informative and has provided the information you are looking for. Keep following the page for more updates and information about various banks and other important information.