Step-by-Step Guide to Add a Beneficiary in YONO SBI Net Banking

Adding a beneficiary in YONO SBI net banking is a simple and efficient process that allows you to manage your transfers smoothly. Learn how to add a beneficiary in this comprehensive guide.

1. Logging into YONO SBI

To start, you need to log in to your YONO SBI net banking account. Follow these steps:

Open the YONO SBI app or go to the website. Enter your user ID and password to log in to your account.

2. Navigating to the Payments Section

Once you are logged in, find the Payments section in the main menu. This can be under various names such as Transfer or Payments. Here are the specific sub-sections to look for:

Payments Transfer Funds Manage Beneficiaries

3. Selecting Beneficiary Management

Locate the option for Beneficiary Management or Add Beneficiary. This might be found under sub-sections like Manage Beneficiaries or Transfer Funds. Click on it to proceed.

4. Choosing the Transfer Type

Before entering the beneficiary details, you need to select the transfer type:

NEFT (National Electronic Funds Transfer) RTGS (Real Time Gross Settlement) IMPS (Immediate Payment Service)

Select the transfer type that you will be using for the transaction.

5. Entering Beneficiary Details

Once the transfer type is selected, start by entering the beneficiary’s details:

Beneficiary Name Account Number IFSC Code (for IMPS and RTGS) Bank Name Branch Name (if required)

Note that not all fields might be required for each transfer type. Adjust the fields as needed.

6. Verifying the Information

After you have entered the details, review the information to ensure it is accurate before proceeding.

7. Confirming and Adding the Beneficiary

Once you have verified the information, click on the submit button. You may be prompted to enter an OTP (One Time Password) sent to your registered mobile number for verification.

Once verified, the beneficiary will be added to your list of authorized beneficiaries, and you can start making transfers to them.

Note: It may take 3 hours for the beneficiary details to be activated. Please allow sufficient time for the process to complete.

8. Contacting SBI Customer Support

If you encounter any issues or need specific assistance during the process, do not hesitate to contact SBI customer support. They are always ready to help!