Self assist savings account- Officially Valid Documents (OVD)

YonoSavings Bank Account
Self assist savings account- Officially Valid Documents (OVD)

Apply for Savings account 24 X 7 on YONO with officially valid documents ( Driving License/Passport/Election Card/ NREGA Card) and one branch visit to complete the KYC process.

Features

  • Open your Saving Bank Account with single branch visit
  • Need one of your Officially Valid documents(OVDs) for opening this account
    • Voter ID card
    • Driving License
    • Passport
    • NREGA JOB Card
  • Experience 24*7 banking access through Yono app, Internet banking and Mobile banking.
  • Nomination facility is available.

Eligibility

  • Resident Indians above 18 years of age who are literate and able to sign uniformly.
  • Customer is new to SBI.
  • Officially Valid Document bears the current address of the customer.
  • PAN is mandatory.
  • Mobile is mandatory and customer should possess it at the time of opening account. Email address is optional.

How to apply?

  • Download YONO App
  • Click New to SBI—Digital Savings Account and then through OVD
  • Enter your OVD details and other relevant details
  • Reference Number is generated
  • Walk into nearest branch and provide ref No
  • Provide earlier entered OVD copy, sign the required documents and open the account

Terms and Conditions

  • Any Resident Indian who is 18 years and above who provides his/her details in the Digital Savings Account application for opening SBI Digital Savings account offered by SBI is a Customer.
  • By visiting the SBI Digital Account Opening - Apply Now link and sharing all information, customer consents to provide his/her name, contact details and other information at will basis with Bank
  • The customer herewith agrees to provide his/ her Officially valid document and understands that opening an account is subject to complete and accurate information being provided.
  • Application once submitted cannot be withdrawn by the customer. Bank shall not be liable to pay for any costs (technical/ data plan related or otherwise) incurred by the customer in the course of the downloading or sharing of his/her details on the application.
  • The customer agrees to provide the necessary details (Location, Mobile, Email etc.,) as per his/her requirement at the time of submission of details through the app. Bank shall not bear any liability for any loss arising out of customer's failure to do so.
  • The customer herewith agrees that if the application is rejected, Bank will retain the documents / Photographs and any other signed document submitted by the customer on the Web app or otherwise
  • Bank reserves the right to take necessary action, legal or otherwise, if it finds any wilful modification/ withholding of information or misrepresentation by the customer.
  • Customer declares and confirms that the Bank shall be entitled to rely on all/any communication, information and details provided on the electronic form and all such communications, information and details shall be final and legally binding on the Customer
  • The Customers are expected to provide PAN No. or Form 60 or any other document as may be prescribed by tax authorities from time to time for opening the Account.

Download YONO SBI

Last Updated On : Thursday, 20-01-2022

Interest Rates

8.50%* p.a. onwards

w.e.f. 05.04.2024

*T&C Apply.

 

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