state Bank of India (SBI) has launched a video KYC-based account opening facility that will enable users to open accounts SBI Account Online without visiting a bank branch.

according to State Bank Of India Tweet, “You can open a savings account with us without going to the bank. You can create a savings account anytime and anywhere, thanks to the brand new kyc video Function, which streamlines the process. Apply now on YONO!”

Interested person can open State Bank Of India Online Digital Savings Account without visiting the branch by Video KYC through contactless process.

• Opening a paperless account and no need to visit any branch.
• only Base Details and PAN (Physical) required.
• Customers will be able to transfer funds using NEFT, IMPS, UPI etc. through YONO App or Online SBI i.e. Internet Banking.
• RuPay Classic card will be issued.
• Experience 24*7 banking access through YONO App, Internet Banking and Mobile Banking.
• SMS alert, SBI quick missed call facility available.
• Facility for transfer of accounts through internet banking channel.
• Enrollment facility is mandatory.
• Please note that check book will not be issued for this account and no debit/voucher transactions, or any other signature-based services will be allowed at the branch. The check book can be issued after the customer has visited the home branch and updated the signature.
• The passbook will be issued on request by the customer.
• The charges for all other services will be as per the existing service charges applicable on the regular savings bank account.

Video How to open SBI Insta Savings Account through KYC?

According to the SBI website, one can follow the steps mentioned below to open an SBI Digital Savings Account:

Step 1: Download YONO App

Step 2: Click on New in SBI-Open Savings Account? Without a branch visit? insta plus savings account

Step 3: Enter your PAN, Aadhaar details

Step 4: Enter the OTP sent to the Aadhaar registered mobile number.

Step 5: Enter other relevant details

Step 6: Schedule a Video Call

Step 7: Log in to YONO App at the stipulated time through Resume and complete the video KYC process

Your account will be opened, the account will be done.

Activated for debit transaction after verification by bank officials.