To safeguard the interest of its customers, the country’s largest lender State Bank of India (SBI) has launched a new and enhanced security feature – ‘SIM Binding’ in Yono and Yono Lite App. Rana Ashutosh Kumar Singh, DMD (Strategy) & Chief Digital Officer, SBI said, “We are glad to launch the SIM Binding feature in two of most popular platforms of SBI i.e. YONO and YONO Lite. With this new feature, our aim is to provide enhanced security to all our customers and help them with a convenient and safe online banking experience. We at SBI always strive to encourage customers to perform digital banking services from the comfort of their homes and avail the one-stop banking and lifestyle solutions of YONO and YONO Lite.”

SBI tweeted

A tweet has been made by State Financial institution of India (SBI) relating to this replace, wherein it’s written that now on-line banking with SBI has change into much more safe than earlier than. Obtain the most recent YONO Lite App. SBI has informed that it has began a brand new function SIM binding.

How SBI Yono and Yono Lite customers can entry ‘SIM Binding’ feature

  • To entry the new model of Yono and YONO Lite with enhanced security measures, customers must replace their cell app and full the one-time registration course of on these Apps.
  • The registration course of verifies the SIM of the registered cell quantity (RMN) with the financial institution in order to finish the registration.
  • Customers must make sure that they register themselves with the gadget which has the SIM of the registered contact quantity.

Right here is the registration course of on SBI YONO Lite App

If you’re an Android consumer then obtain the SBI YONO Lite App app from Play Retailer.
Choose the registered cellular quantity wherein it’s connected (SIM-1 SIM-2).

If there’s a single sim then any sim must be chosen.
A message will seem on the display. On clicking Proceed, a code shall be despatched by way of SMS.
After getting into your title and password on the registration display, click on on Register
After accepting the time period and situations, click on on the OK button.
After this you’re going to get an activation code. This activation code shall be energetic for half-hour solely
After scripting this code within the app, full the activation course of. Customers will now be capable of use YONO Lite App.