SBI YONO Referral Code: Definition and how to get and use the code

The SBI YONO referral code is a unique code that is used during the YONO app Sign Up to get certain benefits, such as discounts, cash back, or promotional offers for both the referrer and the new user.

An existing SBI Yono App user shares his referral code with friends and family members and in return get incentive for bringing new users on the platform. The referral code or refer and earn program is used by several companies to increase their user base quickly.

To get the SBI Yono referral code, download the app from the Google Play Store or the Apple App Store, create an account or log in and search for “invite and earn”. Your unique code will be displayed on the screen that you can copy and share to others.

A SBI Yono user has the easy access to the referral code in the “Invite and Earn” section and to use the code he/she just have to share it to others.

Read on to learn about the what does SBI Yono referral code mean, how to get the Yono referral code and the ways to use the code most effectively.

What is SBI Yono Referral code?

The SBI YONO referral code is a unique code provided to YONO users by its referral program where the existing users use this unique code to invite their friends, family, or acquaintances to join YONO App and get Rs 150 as a referral reward.

The Yono referral code provides certain benefits, such as discounts, cashback, or promotional offers, depending on the ongoing promotions at that time to both the referrer and the new user.

On 16th March 2019, SBI launched YONO Cash, “a unique feature that enable account holder to withdraw money instantly from any of the SBI ATMs and SBI Merchant POS terminals and Customer Service Points (CSPs) without using any physical card or withdrawal slip” as per State bank of India (SBI).

How to get the SBI Yono referral code?

To get the SBI Yono referral code, log in to your account and navigate to ‘Invite and Earn’ section in the left side of the dashboard to refer. However, if you haven’t already using the the YONO App then download the App and sign up for an account first.

The steps to get the referral code if you don’t have an existing YONO account is given below.

• Download the Yono App.
• Sign up (for first time users).
• Get the referral code from ‘Invite and earn’ section.
• Copy the referral code and share it with your friends and family members.

The detailed steps to get the referral code are provided below.

1. Download the YONO App: Open “Google Play Store” or “Apple App Store”, search for the SBI Yono and install the App. It won’t take more than a minute to download.
2. Sign Up the YONO App: Click on the “Sign Up” button and enter your mobile number and the debit card details when asked for verification process.
3. Login to the Yono App: Once the sign up verification is successful, login to the Yono App using the MPIN.
4. Get the YONO referral code: Click on the “three horizontal bars” in the top left corner of the home screen and select “Invite and Earn”.
5. Copy the referral code or share the link: In the “Invite and Earn” section, your unique referral code is provided. Tap to copy the code or share the link with your friends. You can use the Social media platforms or directly share using the WhatsApp.

What should I do if my YONO activation code has expired?

If your YONO activation code has expired, reapply for the activation code. The activation code is valid for only 30 minutes and upon failure to use the code within 30 minutes, it lapses. So, make sure to take prompt action otherwise accessing your account will get delayed.

The steps to re-apply for Yono activation code is same as registration process as you will have to start from the beginning that is given below.

1. Open YONO app and then ‘Select the SIM‘ registered with the State bank of India to complete the Registration process.
2. A message will be automatically shown for sending an SMS from the device to validate the mobile number.
3. Click on ‘Send‘ button to send the SMS containing the unique code from the device to a pre-defined number. You mobile number must have balance to send this SMS.
4. Now, enter your User Name and Password and the click on “REGISTER” button.
5. Accept the “Terms and Conditions” for registration by selecting the check box and then click on ‘Ok’ button.
6. Now, you will receive an activation code on your registered mobile number. This activation code is valid for 30 minutes.
7. Use the activation code to complete the registration processes successfully.

How to use the SBI referral code program?

To use the SBI referral code program effectively, start by obtaining your unique referral code from the “Invite and Earn” section of the YONO app. In the YONO app, go to the “Invite and Earn” section and get your personal invitation code. 

You will have to share your personal referral code with your friends, family members, and on social networking platforms like Facebook, LinkedIn, Twitter etc. to get the reward. The best way is to tell them about what they can get right away as well as in the future when you share the code.

After the user you refer successfully registers and both of you will get Rs 150 credited to your account. Apart form the incentive, you will also receive exclusive discount on tickets, shopping, bill payment etc.

Remember to check for the new terms and conditions regularly, as certain offers and rewards may change with time.

What are the benefits of the YONO referral code?

There are several benefits of using the YONO referral code including rewards to both the referrer and the new user. The other benefits are listed below.

1. The user gets the opportunity to earn rewards by sharing referral code and inviting others to join SBI YONO.
2. The referral code offers an incentive for new users (Rs 150) to sign up and the same for the existing referring user that creates a win-win situation for both.
3. The YONO referral code program promotes the SBI YONO platform and encourages existing users to recommend and share positive experiences with others.
4. This refer and earn program also help SBI YONO app in expanding it user base by leveraging the network effect.
5. Yono referral code help SBI build a sense of community among the users, fostering a collaborative environment where individuals share and benefit from their connection to the digital banking platform.
6. Leveraging existing users to attract new customers through referrals is a cost-effective marketing strategy, relying on word-of-mouth recommendations that acts as a powerful tool for bringing in new users.

As per the State bank of India (SBI), the Yono app offers some best in class features including quick pay, one view and smart spending and disbursement of pre-approved personal loans on the go up to Rs. 1 lakh without any documentation in 2 minutes

What are the YONO App Ratings on the Google Play Store?

The YONO app ratings on the google play store is 4.3 with 22 lakhs reviews and 10 Crore+ downloads. This SBI app offers banking, investment, discounts on shoppings and travel, bill payments, recharge and transfer of funds using UPI for its users.

Can I withdraw cash from SBI ATM via YONO app?

Yes, you can withdraw cash from SBI ATM via Yono app. To withdraw cash from an SBI ATM using the YONO App, you should follow the below given steps.

1. Visit your nearest SBI ATM and log in to your YONO App on your smartphone.
2. Navigate to “YONO Pay” option and select “YONO Cash“.
3. Now, select “Request for cash withdrawal through the YONO APP“.
4. A 6-digit verification code will be sent to your registered mobile number. You will need this code in the next steps.
5. Select the option “Cashless Withdrawal ” in the SBI ATM screen.
6. Enter the 6-digit verification code received on your registered number when prompted.
7. Also, enter the YONO App PIN when prompted.

The above mentioned steps is important to know if you want to withdraw cash from an SBI ATM using the YONO App.