State Bank of India is set to launch India’s first comprehensive support stage, YONO, which stands for You Only Need One’. An omni channel platform that provides almost everything connected to lifestyle products and financial services, YONO is going to be set in motion by Union Finance Minister Arun Jaitley in New Delhi on November 24. Offering thousand-year banking and financial solutions, YONO will allow its clients to meet their lifestyle needs across 14 categories including booking and leasing taxis, entertainment, dining experience, travel and stay, medical needs and so on. For the electronic stage, SBI has partnered with over 60 ecommerce players to supply customized discounts and offers to its users.
A few of the e commerce partners include Amazon, Uber, Ola, Myntra, Jabong, Shoppers Stop, Cox & Kings, Thomas Cook, Yatra, Airbnb, Swiggy and Byjus, among others. Customers will be capable to seamlessly access lifestyle offerings and services with a user id and password. The portal site has been created to provide maximum client advantage where every journey was designed with minimal potential clicks with easy to comprehend descriptions, stated chairman SBI. We believe this application will help us to increase engagement with our customers and improve their banking, added Kumar. YONO is a path breaking merchandise that is comprehensive from SBI developed utilizing the world’s latest digital technology like AI analytics and machine learning. With YONO, clients can open a banking account with SBI digitally in under five minutes, move funds in just a few clicks, avail pre approved personal loan sans any paperwork, get an overdraft facility against a fixed deposit, have one perspective of their bank and monetary portfolio of SBI Group businesses, benefit from smart spend analyser, and utilize conversational banking guide via Chat bot’. The service platform may be obtained via cell phones, both android and iOS, and online through a browser. It allows an omni channel client experience.