State Bank of India (SBI) has announced the launch of a unique shopping carnival – ‘YONO Super Saving Days’. Commencing on the 4th of February, the four days shopping extravaganza which is concluding on the 7th is all set to offer an exclusive range of discounts and cashback to the users of SBI’s banking and lifestyle platform, YONO.
To offer an ultimate shopping delight to its over 34.5 million users during this shopping festival, YONO has partnered with some of the top merchants including Amazon, OYO, Pepperfry, Samsung, and Yatra.
The carnival which will continue for four days and will be live till Feb 7 is set to offer an exclusive range of discounts and cashbacks to SBI’s banking and lifestyle platform YONO’s users. YONO users can avail up to 50% discounts from various merchant partners in multiple categories
Currently, over 100 e-merchants have partnered with YONO, SBI stated.
Discounts and deals:
In the YONO Super Saving Days, customers can avail up to 50% off on hotel booking with OYO, 10% discount on flight booking with Yatra.com, 15% discount on Samsung mobiles, tablets, and watches along with other exclusive benefits. Additionally, YONO users will get an extra 7% off on buying furniture from Pepperfry and up to 20% cashback on shopping in select categories on Amazon.
CS Setty, MD (Retail & Digital Banking), SBI said, “To add further cheer and optimism this new year, we are glad to announce the YONO Super Saving Days for our customers. This special initiative by the bank is a step ahead to fulfill the shopping needs of our customers through YONO with attractive deals and discounts in an array of shopping categories. We look forward to witnessing wholehearted participation in this mega shopping event exclusively designed for our valuable YONO users. We are also pleased to see YONO continue to gain momentum and popularity among customers. At SBI, it’s our constant endeavor to provide an extra layer of convenience to our customers in terms of their banking and lifestyle requirements.”
Note that State Bank of India is the largest commercial bank in terms of assets, deposits, branches, customers, and employees. It is also the largest mortgage lender in the country. As on September 30, 2020, the bank has a deposit base of over Rs 34 lakh crore with CASA ratio of more than 45% and advances of nearly Rs 24 lakh crore. SBI commands a market share of a little over 34% in home loans and about 32% in the auto loans segment.
The Bank has the largest network of almost 22,300 branches in India with an ATM/CDM network of close to 58,800 and total BC outlets of more than 66,500. The number of customers using internet banking facilities is nearly 81 million. The integrated digital and lifestyle platform by SBI – YONO has crossed the figure of 74 million downloads.
YONO which has 34.5 million registered users, witnesses over 8.5 million logins per day. In Jan 2021 alone, YONO SBI disbursed an average of over 4500 personal loans and around 11,000 agri gold loans on a daily basis.
