by ishant // in Finance

Published on January 3, 2024

Want to know about SBI referral code? Well you have landed on the right article.

SBI (States Bank of India) is an Indian multinational public bank established in 1955. It is one of the largest banks in the world and the only Indian bank to be on the Fortune Global 500 List (Rank 221).

SBI uses an automated digital banking platform called YONO (You Only Need One) for its online banking services. It is available to be installed on both Android and iOS.

SBI referral code

It is convenient now to handle any financial or other services like flight, rail, bus, and taxi tickets, online shopping, online education, or medical bill payments without stepping out of your home!

It also helps you access banking issues like opening an account, loans, ATM withdrawals, transactions of money, etc. 

Click To Copy SBI Referral Code


 Updated SBI Refer And Earn Video Tutorial

(1441047013) SBI Referral Code

SBI Referral Code


Using Referral Code Get

Get Free Rs 150

Earn per Referral

Rs 150

Invite a Friend program

Only For App

SBI Redeem

Bank Account

Click To Copy SBI Referral Code


How to Avail SBI Refer Earn Offer

  • Open YONO app and go to menu
  • Click on Refer and Earn option
  • Copy your unique code and refer to your friends and family
  • You'll earn 150 Rs once your referral signs up using your code
  • You can earn earn unlimited, their is not limit in that
  • You can easily redeem this amount into your bank account  

How to Signup on the YONO SBI app?

For Existing SBI Customers:-

First of all download the app from the given link:-

  1. Now you can log in using your internet banking password for further registration process or you can even use the account details.
  2. Enter the account details including your ATM card number followed by your ATM pin. If the user already has opted for internet banking then he/she will be prompted to enter the username and password for the same.
  3. Now you need to set an MPIN for verifying all transactions and keeping everything in your account safe. An OTP will be sent to your phone and you need to verify the same.
  4. The user will be now successfully registered for the SBI YONO and you will soon receive a message from the bank about registration completion and activation of services.

For New SBI Customers:-

  1. The most exciting feature of the SBI YONO app is that it allows you to open a bank account from the comfort of your home without any branch visit.
  2. For that, you need to download the app from the same link given above. Then select 'Open new digital account' and choose either one 'Digital savings account' or 'Insta savings account'.
  3. Proceed further and select 'Without branch visit'.
  4. Then you need to enter your 'Aadhaar Card details' and 'PAN Card details. Now fill in all the remaining details like email id, mobile number, and referral code(optional).
  5. Go through the privacy policy very carefully and then submit it.
  6. Now you need to verify your identity and PAN details through an SBI agent-organized video call. You just need a sufficient and stable internet connection.
  7. After your video KYC is complete. You will receive the message with successful account activation and your username and password to log in.

How to use a referral code in YONO SBI?

  • Select the SIM which will be used for registration.
  • Proceed and enter your username and password.

  • Now you will get to see a referral code optional field at the bottom. Here you can enter the code given to you by the bank staff for a reward or any code given by your friends or family member. You can also type in the 10-digit phone number of the person who referred you to the application.
  • Now, you will receive an OTP on your phone which you have to enter in the available section to complete the registration.
  • You need to set an MPIN for proper account management and secure log-in.
  • How to find a referral code in the YONO app?

    The most lucrative feature of entering a referral code is that whenever someone enters your referral code, you get Rs.150 each time which gets deposited in your SBI account wallet.

    Now find your referral code in the SBI YONO app so that you can share it with your family and friends:-

    1. Select the menu (three horizontal lines) In the top left corner of the screen.
    2. Select the refer and earn option. Then you will be able to see your referral code.

    Now you can copy your referral code and share it with your friends and family to earn a bonus each time someone registers.

    Different offers available at the moment on SBI

    There are a wide range of offers which users can avail through the YONO SBI App. Some of them have been highlighted below:

    • Get 10% discounts on gold purchase
    • Users can avail E-Vouchers of upto 6,500 rupees
    • Various shopping vouchers

    The Benefits of SBI Referral Code

    This is a list of benefits that YONO SBI provides -

    • First of all, it is very easy to link your SBI card with the SBI YONO app. It provides you with a safe and secure interface to properly link your card and enjoy the benefits that come along with it.
    • Now, If you are new to SBI then it also allows you to open an account online easily through their app while just sitting at home and there is no branch visit required at all.

      The only thing that will be necessary to complete account activation will be an online video KYC which is not big of a deal. You just have to re verify your PAN card and identity on face cam.
    • It also provides you with easy fund transfer, you just have to select the beneficiary (The person you want to transfer money) and then authenticate the transaction using THe
    • It provides you a feature of cash withdrawal from SBI ATM using the YONO app without a debit card. You just need to select the YONO pay option on the home screen, then raise a request for cash withdrawal.

      Now at the SBI ATM or YONO Cashpoint, you just need to enter the 6-digit verification code and verify your YONO app's pin.
    • It provides you with an easy loan facility. The request for a loan is triggered with a minimum processing fee. The most amazing feature is that it is a paperless and effortless way of getting an instant loan.

      You can get this experience easily 24X7 right from the comfort of your home.

    There is also an app available YONO SBI lite which provides you tons of more features:-

    • Balance inquiry
    • Mini Statement of Transactions
    • Mobile top-up and DTH recharge
    • Quick money
    • Pay and view bills
    • Logout

    How to Withdraw money from Yono SBI

    • Login to the respective YONO application
    • From the Home Page go to the YONO Cash option
    • Click on the “New Request” option and move on to the ATM section present on the app.
    • Check the account which you wish to debit the amount to.
    • Make your YONO Cash Pin to initiate the transaction which is kept confidential.
    • Press on “Confirm” after going through the Terms and Conditions.
    • After confirmation you will be able to check your nearest Cash Points.
    • The respective request and transaction number will be provided through an SMS on your registered mobile number.

    Yono SBI Customer Care Number

    Present SBI YONO users can call on the toll-free number of 1800 111 101 which is active on a 24/7 basis. The dedicated SBI team will get in touch with you and help you to resolve your query immediately.

    Ratings & Reviews of SBI YONO

    The YONO SBI application has more than 1 million reviews on the Google Play Store and is presently rated highly with 4.3 stars out of a possible 5.

    Terms And Conditions

    It is essential that users go through all the required terms and conditions of the SBI YONO service so that all the subsequent benefits can be enjoyed to full effect.

    Frequently Asked Questions ( FAQs)

    Q. How do I activate Yono with a reference number?

    The users need to login to their respective account on the YONO app and then utilize the Cash Feature in order to extract a reference number so that a diverse PIN for withdrawal can be created.

     This can be used to initiate any transaction and withdraw cash from a specific channel such as the ATM.

    Q. What is the referral code?

    Referral code is a combination of various numbers and alphabets which are unique from one another that are primarily used to refer a specific application or services to friends and family members in exchange of receiving certain benefits.

    Q. What do I do if my Yono activation code expires?

    Users may choose to leave the code section blank as they must now create a new MPIN as the validity of the previous pin will expire.

    Did this article was helpful?


    Share this article:

    About the author


    Ishant Sharma has been passionately working in EdTech industry since quite a long time and he is based in New Delhi.

    He aims to create awareness among the masses on how to use their minimum assets and get maximum rewards.

    Here, users will get all the comprehensive details about how to earn extra income by following simplest steps. His favorite niches are .......

    Topics are laptops, Offers, Free Recharge Tricks, Fantasy Cricket and Earning Apps Review.

    On this website, users will get to know all of these categories of articles which will help them to earn some extra money from home.

    Enjoyed this article ?