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Good news for SBI customers: Bank offers cashback and huge discounts, here's how you can avail

Customers who will shop between October 16-October 21 will be eligible for various cashback offers and exclusive deals on the digital platform.

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Ahead of the festive season, State Bank of India has announced various cashback offers and attractive discounts for its customers. If you have downloaded SBI's YONO app, then you would have access to various lucrative deals that have been offered by the bank. 

Yono (you only need one) is SBI's lifestyle and financial services platform. The service was launched by finance minister Arun Jaitley in November last year. Besides offering an array of banking and financial services, Yono also allows customers to meet their lifestyle needs across 14 categories including booking and renting cabs, entertainment, dining experience, travel and stay, medical needs, and so on. The bank has partnered with over 60 e-commerce players to provide offers and discounts to customers. Some of the key e-commerce partners include Amazon, Uber, Ola, Myntra, Jabong, Shoppers Stop, Cox & Kings, Thomas Cook, Yatra, Airbnb, Swiggy and Byjus, among others.

According to SBI's Managing Director, PK Gupta, customers who will shop between October 16-October 21 via SBI's YOLO app will be eligible for various cashback offers and exclusive deals on the digital platform.

Besides shopping with Yono, customers can open SBI bank account digitally in less than five minutes, transfer funds in just four clicks, avail of pre-approved personal loan sans any paperwork and get overdraft facility against fixed deposit. Customers can also benefit from intelligent spend analyser and utilise conversational banking guide through 'chat bot'.

Yono is born out of a comprehensive digital product from SBI using the world's latest digital technologies such as artificial intelligence, predictive analytics and machine learning, and can be accessed through a mobile application and web portal. 

Besides, if you ever run out of cash while shopping, the app enables you to avail a pre-approved personal loan without any paperwork. 

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