Introducing a convenient feature, SBI Yono app now allows you to link your various financial accounts, such as other bank accounts, Mutual funds, equities, NPS, Insurance, etc. and conveniently access information such as your account balance and transaction history. SBI has recently introduced the option to link such financial accounts through their app using an account aggregator.
To link your other bank accounts or any other financial product, follow these steps:
To add a new account, click on "Add Account." You will then be presented with two options:
After registering or logging in with your selected Account Aggregator (AA), you will be provided with the option to add other bank accounts or other financial products that are linked to the same mobile number.
Please note that the validity of added accounts is for one month, and you will need to reauthenticate if you wish to continue using them.
I have successfully linked my IDFC First Bank account, and I can now view it on the YONO app.
It's important to note that you can only link products from companies that are already participating in the account aggregator system.
This feature of checking all bank accounts, insurance, mutual funds, equity holdings, and NPS in one place is truly beneficial. I believe all other banks should also offer their customers the option to link their accounts using the account aggregator system, although few banks are already offering such options to their customers.
To link your other bank accounts or any other financial product, follow these steps:
- Open the SBI Yono app and navigate to the account section.
- At the bottom of the page, click on "Go to Other Bank Account Details."
To add a new account, click on "Add Account." You will then be presented with two options:
- "I have an Account Aggregator ID."
- "I don't have an Account Aggregator ID."
After registering or logging in with your selected Account Aggregator (AA), you will be provided with the option to add other bank accounts or other financial products that are linked to the same mobile number.
Please note that the validity of added accounts is for one month, and you will need to reauthenticate if you wish to continue using them.
I have successfully linked my IDFC First Bank account, and I can now view it on the YONO app.
It's important to note that you can only link products from companies that are already participating in the account aggregator system.
This feature of checking all bank accounts, insurance, mutual funds, equity holdings, and NPS in one place is truly beneficial. I believe all other banks should also offer their customers the option to link their accounts using the account aggregator system, although few banks are already offering such options to their customers.
