SBI customers can now open NRE/NRO savings and current accounts online through YONO app. Here’s how

financialexpress.com:

How to use YONO SBI NRI account opening service: State Bank of India (SBI) has introduced a digital facility for NRIs to effortlessly open NRE and NRO accounts (both savings and current accounts) through SBI’s YONO app. This service has been designed for“new to bank” customers, providing them with ease and efficiency in the account opening process, SBI said in a statement. 

The bank further said that this initiative fulfils a long-standing demand from NRI customers who have yearned for a hassle-free way to open and manage their accounts in India. SBI said it has leveraged technology to create a seamless and digitized account opening process that ensures efficiency and accuracy, making it a one-stop solution for NRI banking needs. 

Customers can track the status of their applications in real-time, keeping them informed every step of the way, the bank further said. 

Three quick steps to open your NRI/NRO account through YONO:

Step 1: Download YONO SBI app 

Step 2: Select the option to open an NRE/NRO account

Step 3: On successful submission, customers have two options to submit their KYC: option 1 – submit the document at an SBI branch of choice in India; option 2 – Attest the KYC documents by a Notary, Indian Embassy, High Commission, SBI Foreign Office, Representative Office, Court Magistrate, or Judge and mail them to a centrally designated branch for processing.

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“SBI has always been at the forefront of innovation and customer-centric solutions, and this latest offering is no exception. With the launch of this digital service, NRIs can open their NRE/NRO accounts from the comfort of their homes, eliminating the need for an