Digital transactions have taken place in India over the years. At the same time, transactions through UPI have also become very popular. Through Unified Payments Interface i.e. UPI, transferring money to a friend or relative, a shopkeeper, to bill payment is very easy. In such a situation, if you are a customer of the country’s largest bank i.e. SBI, then tell you that you can transfer money very easily and quickly through SBI Yono’s Yono Lite SBI app.
Through SBI Yono Lite UPI, you can transfer money through virtual payment address (VPA), account number and IFSC code and Aadhaar number.
Features of this app
Currently, a maximum transaction of Rs 10,000 can be done through the YONO LITE SBI App. At the same time, transactions up to Rs 25,000 can be done every day through this app.
If the transaction is not successful but the money is deducted from your account, then usually the money is immediately returned to the source account. However, if the money is not returned, you can file a complaint through this app.
It is a matter of care for you that once you initiate a payment, you cannot stop the payment request.
The biggest advantage of this facility is that there is no need to register a beneficiary for fund transfer. This means that you can transfer money at any time with the help of this facility. However, let us tell you that if you want to send money through virtual ID, then it is mandatory for the beneficiary to register for UPI. At the same time, UPI registration of the beneficiary is not mandatory for transactions through bank account and IFSC code or Aadhaar number.