sbi kyc update online yono app

 India's largest bank, State Bank of India (SBI), has changed two important rules for its customers. If you have an account with SBI, this news is very important for you.

If you do not follow these new rules, you may face problems in banking services.

Let us understand these changes in detail in this article and find out what you need to do.

Rule 1: Mandatory KYC update

SBI has made KYC (Know Your Customer) update mandatory for all its customers. The bank has recently issued a notice that customers who have not updated their KYC information will have to complete this task as soon as possible. For this, you need to visit the nearest SBI branch with your Aadhaar card, PAN card and recent address proof. If you are using online banking, you can also update your KYC through the SBI official website or the YONO app. This rule has been implemented to prevent money laundering and fraud. Failure to complete KYC after the deadline may result in your account being suspended.

Rule Two: Adding a nominee is mandatory

SBI has now made it mandatory to add a nominee in all savings accounts and fixed deposit accounts. This rule has been implemented keeping in mind the financial security of the customers. If you have not added a nominee to your account yet, you should immediately nominate one of your family members or a trusted person as a nominee. For this, you need to fill a nomination form at an SBI branch or complete the process through the online portal. In the absence of a nominee, your family may face legal issues in closing the account or withdrawing funds in the future.

Why timely action is necessary?

Both these rules have been implemented as per the Reserve Bank of India (RBI) guidelines and are important for customer protection. Skipping the KYC update process and adding a nominee can result in your account transactions being restricted, which can lead to problems in day-to-day banking. Senior citizens and customers who have not updated their account details for a long time should be especially careful.

Easy process, get started right away

You don't need to worry much about KYC update. If you are unable to visit a branch, log in to the YONO app, go to 'Service Request' and select the KYC update option. The bank will verify your information after uploading the documents. You can also use the form available on the app or branch to add a nominee. Keep your Aadhaar, PAN and mobile number ready to complete the process quickly.

Avoid problems with caution and awareness

SBI has appealed to its customers to use only the official website (onlinesbi.sbi) or the YONO app and be wary of any fake calls or messages. If you receive any suspicious link or request, contact the bank's helpline immediately. You can keep your banking safe and smooth by taking timely measures.

sbi kyc update online yono app

SBI said in its statement that due to technological backwardness of old operating systems, it has become difficult to protect customer data. If the data gets into the hands of hackers, the customer may suffer many losses. People's trust in digital banking may also decrease. That is why SBI has taken this decision as a precautionary measure.

Go to your phone settings

-Open the About Phone option

-Go to the System Updates section there

-Click Download and Install the new version available

-It is better to update while there is Wi-Fi

-If you do not receive a notification for the new version, you can check manually. Otherwise, buy a new phone or switch to models with Android 12 or a newer version. Using browser-based banking SBI YONO Lite or other web banking platform should be used