Get SBI Yono instant benefits of Rs 1,350 - here is how to avail

The State Bank of India (SBI) is offering an option to open free demat and trading account. Under this offer, customers have a chance to open a demat and trading Account on SBI YONO and save Rs 1,350. The State Bank of India explaining about this offer, said the account opening worth Rs 850 will be free. Those who choose to open SBI Yono demat account will also get free DP AMC for first year worth Rs 500, making it Rs 1350 saving. Note that you must have a savings account with SBI in order to open your demat and trading account on Yono platform. This is a very good offer for those mulling to invest in stock market and planning on opening a demat account.  

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Taking to Twitter, SBI posted, " Open a Demat & Trading Account on YONO and save ₹1350*. Download now: https://sbiyono.sbi/index.html #YONOSBI #DematAccount #TradingAccount #YONO #Saving."

Open a Demat & Trading Account on YONO and save ₹1350*. Download now: https://t.co/NeeHLbI8DP#YONOSBI #DematAccount #TradingAccount #YONO #Saving pic.twitter.com/ztSom0zjjE

— State Bank of India (@TheOfficialSBI) March 16, 2021

How to open SBI Yono Demat account

Step 1: Log on to Yono
Step 2: Go to Investments section on the app
Step 3: Click on Open demat and trading account and you are good to go
Once you click on 'Open demat and trading account' tab, follow the instructions to open trading account.

What is SBI Yono app?
Yono is SBI's one app for all your banking, shopping and investment needs. YONO is your one-stop shop to fulfil all your banking, insurance, investments, and daily shopping needs.

Getting started with Yono
If you have an account with SBI, use your internet banking credentials to register and log in to Yono. If you do not have internet banking credentials, you can generate temporary internet banking password using your debit card, and register using the same.