SBI introduces the 'SIM binding' feature for more secure transactions.
Welcome back to our informative blog site knowing steps360 with a new IMP News. Since online payments have taken center stage due to the COVID-19 pandemic, the State Bank of India (SBI) has decided to make online transactions more secure for its customers. SBI has rolled out SIM binding feature on its YONO Lite app to ensure secure online transactions. State Bank of India Doing this for better Security and Authentication.
"Now online banking is more secure than ever with SBI! Download the latest YONO Lite app now," SBI tweeted. SIM binding is "a new technology that allows only one user per device with a registered mobile number and makes online banking more secure than ever," SBI said. India's largest public service lender will not allow users to make transactions in case they log in using a different number.
Now online banking is more secure than ever with SBI! Download the latest YONO Lite app now: https://t.co/uP7JXenNsP
— State Bank of India (@TheOfficialSBI) July 27, 2021
#YONOLite #YONO #OnlineBanking #SafeBanking #BeSafe pic.twitter.com/lsLluyYXoq
To use this feature, users will have to update to Yono Lite app version 5.3.48 and complete a one-time registration process with the registered mobile number.
Here's how users can register their mobile numbers on the YONO Lite app
* Android users are required to download and open the SBI Yono Lite app from Play Store and select SIM 1 or SIM 2 registered with SBI for this process. SIM selection is not needed in the case of a single SIM.
* A message will appear on your screen asking you to send an SMS from the device for validation of the mobile number.
* Hit the 'Proceed' button and an SMS containing a unique code will be sent from the device to a pre-defined number.
* Once redirected to the registration screen, enter your username and password, and hit the 'register button.
* Accept terms and conditions for registration and click on 'OK'
* You will get an activation code on your registered mobile number. This code will remain valid for 30 minutes.
* Enter the code to complete the activation process.
* Users can now log in to the YONO Lite application.
Older System For SBI Yono App Is Now Gone
Now You cant Run the SBI Yono applications from your smartphone without Register Mobile no, which we use in any mobile, but now must have the registered mobile sim of SBI. You cant access the Yono lite application for money transactions without having SBI registered Sim on the Smartphone.
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