Title: How to Activate Beneficiary in SBI Yono: A Step-by-Step Guide
Step-by-Step Guide to Activate Beneficiary in SBI Yono
1. Download the SBI Yono App
– First, download the SBI Yono app from your smartphone's app store.
– Install the app and open it.
2. Log in to Your SBI Yono Account
– Enter your registered mobile number and password to log in to your SBI Yono account.
– If you don't have an account, you can register for one using your SBI bank account details.
3. Go to the Beneficiary Management Section
– Once logged in, tap on the 'More' or 'Beneficiary' option.
– Select 'Add Beneficiary' or 'Manage Beneficiary'.
4. Fill in the Beneficiary Details
– Enter the details of the person you want to add as a beneficiary, such as their name, account number, and IFSC code.
– Ensure that you have the correct information to avoid any issues.
5. Verify the Beneficiary Details
– Check the entered details for accuracy.
– If everything is correct, tap on 'Verify' or 'Continue'.
6. Set the Percentage of Amount
– Decide the percentage of the amount you want to transfer to the beneficiary in case of an emergency.
– You can choose any percentage between 1% to 100%.
7. Confirm the Beneficiary Activation
– Review the entered details and the percentage of the amount.
– If everything is correct, tap on 'Confirm' or 'Activate'.
8. Receive the OTP
– An OTP (One-Time Password) will be sent to your registered mobile number.
– Enter the OTP in the app to complete the beneficiary activation process.
FAQs
Q: Can I activate a beneficiary in SBI Yono without the app?
A: No, you need to download and log in to the SBI Yono app to activate a beneficiary.
Q: How long does it take to activate a beneficiary in SBI Yono?
A: The activation process is usually quick, and you can activate a beneficiary within a few minutes.
Q: Can I add multiple beneficiaries in SBI Yono?
A: Yes, you can add multiple beneficiaries in your SBI Yono account.
Q: Can I deactivate a beneficiary in SBI Yono?
A: Yes, you can deactivate a beneficiary by following the same steps mentioned above and selecting 'Deactivate' instead of 'Activate'.
Q: What if I enter incorrect details while adding a beneficiary?
A: If you enter incorrect details, the activation process will fail. In such cases, you need to correct the details and try again.
Remember, it's always a good practice to keep your SBI Yono app updated and ensure that you have the correct information to activate a beneficiary smoothly.
