Do you have any savings accounts in any bank (SBI saving bank account, CBI savings bank account) or not? 

If not then you should do it.

Everyone should have a savings account so it makes you financially secured. Everyone should save a small amount of money from his monthly income that you can use anywhere to fulfill your needs. Many banks have introduced the online facility to open a bank account so everyone can utilize the banking services from the comfort of your own home.

The time has passed when you visit the bank then move to many desks to get a savings account form and other services. SBI has launched an online banking application YONO to make the SBI saving account process easier.

Positive points of SBI saving bank account online

YONO is an online application developed to serve SBI banking facilities in a more convenient way. If you are interested in SBI banking facilities, SBI savings account interest rate online. Here  follow the below steps to get an SBI saving bank account online.

Procedure for SBI savings account online

It is an online application that only needs a smartphone or PC with an internet or Wi-Fi facility to access the interface of the app and SBI’s official website.

This process will be performed in a proper digital format or paperless process.

To open an SBI saving account online, you only need your PAN card, Adhar Card.

Download the app, and when you successfully enter the interface, just fill in the details of the PAN card and AADHAR CARD. 

After that, you will receive an OTP, enter this in the required field and proceed with the further steps.

You can also fill the nomination facility.

With this online system, you can access your bank account information 24×7.

SBI Quick Missed Call service and SMS alerts will also be available for online bank holders.

Once the account is created, the SBI account will also provide an ATM card to facilitate all the transaction facilities as we receive in offline or paper mode account opening bank system. 

This online process hardly takes 10 minutes to complete the registration and bank account activation process.

Don’t share the OTP that you are receiving to open an SBI saving account online or there are chances of data loss. So please be careful as there are many fraud entities are involved in the real world. Sharing any kind of personal and financial information loss may put you in an uncomfortable situation.

SBI saving account for children

You should encourage your children to save money and teach them necessary and unnecessary expenses so they can understand the value of money. You can open a savings account for your children to introduce them to banking services to make them independent.

SBI has a wide area network of banking services that avail or earn the 2.75 interest rate from April 2020. As we have mentioned, find the process that you can perform from the comfort of you within a few minutes. So you can be financially secure like other people. You have multiple alternatives, either you can opt for a basic SBI saving account online or a small savings account.