YONO

YONO, short for You Only Need One, is a digital banking and lifestyle platform developed by the State Bank of India (SBI). The platform provides a unified mobile and online experience that combines traditional banking services with financial products and lifestyle features, enabling customers to manage accounts, perform money transfers, pay bills, and access SBI’s investment and insurance offerings, along with partner services.

YONO comprises two apps: YONO, the full-featured platform, and YONO Lite, a lighter version designed for slower networks and lower-end devices. The app ecosystem is designed to consolidate multiple banking and lifestyle functions into a single interface, reducing the need to switch between different applications.

Key features typically include account management, funds transfers across SBI and other payment rails, cardless cash withdrawal through YONO Cash, and access to investment products such as mutual funds and fixed deposits, as well as insurance offerings. The platform also integrates with shopping, travel, and entertainment services through SBI’s ecosystem and partner merchants, providing digital access to lifestyle and commerce options within the same environment.

Security and accessibility are addressed through standard industry measures, including multi-factor authentication, biometric login, encryption of data, and secure transaction protocols. YONO supports mobile devices running major operating systems (iOS and Android) and provides an online portal for broader access.

As part of SBI’s broader digital strategy, YONO aims to deliver a one-stop digital banking experience, consolidating financial services and lifestyle offerings to promote convenience, accessibility, and wider adoption of digital financial services in India.