Hello friends, in this article we are going to
describe on the topic how to set SBI auto pay/ standing instruction on Yono
Lite? If you are a SBI customer and you are using the SBI mobile application
Yono Lite and you want to set auto pay in your account, then you can easily do
it.
Suppose you need to pay a fixed amount to a SBI
account or other bank account every month. For that you have to transfer money
every month. Sometimes you missed the due date of payment. If you can set an
auto pay instruction to your account so that the amount will transfer
automatically from your account to beneficiary account every month on selected
date, it will very helpful for you.
If you are a SBI customer you can do it setting
standing instruction in SBI internet banking or mobile banking. If you fill
difficulty to use internet banking it doesn’t matter. You can do it on SBI
mobile banking app Yono Lite SBI.
We all know that SBI has two mobile banking
applications Yono and Yono Lite. You can find the standing instruction facility
in Yono Lite only. So you need to register in Yono Lite SBI application first.
How
to set SBI auto pay/standing instruction in Yono Lite:
To set standing instruction in SBI mobile banking
app you should register in Yono Lite SBI first. You also need to add the
account number as a beneficiary to your SBI internet banking or mobile banking
account. If you have already registered with Yono Lite app and the payee
account number is added to beneficiary list of your account then follow the
following steps.
STEP
1:
Go to SBI mobile banking app Yono Lite SBI and log in to your account.
STEP
2:
In this page you will be on your account’s dashboard. Here you will see some
icons. Click on the icon ‘Services’ out of them.
STEP
3:
On the next page you will see a list of options under the ‘services’. Here the
first option is ‘Standing Instruction’. Click on this option here.
STEP
4:
Now you will be redirected to ‘Standing instructions’ page. Here you will see
three options create standing instruction, view/cancel standing instruction and
history. Click on the first option ‘Create Standing Instruction’.
STEP
5:
In this page you have to select whether the beneficiary account is your Self account
(like PPF, RD, Loan account etc.), Other SBI account or Other Bank account.
Click as the account belongs to.
STEP
6:
Another page will be opened. Here you will find the ‘Debit from account number’
i.e. your savings bank account number. You are asked to select mode of transfer
as NEFT or RTG. Select the mode as of your choice. You can select RTGS if the
amount is more than 2 Lakhs. Then select the beneficiary account number (in
which account you have to send money).
STEP
7:
As you select the beneficiary account number on the above step you will see
your beneficiary account number, name of beneficiary, beneficiary’s branch name
and IFSC, transaction limit etc. You are also asked to enter amount to be
transfer, select purpose of transaction. Enter all the details as it asked then
select ‘Standing Instruction’ option, enter frequency of payment monthly/
daily.
As you select frequency of payment it asked to enter
number of payments and start date of payment. Enter how many instalments you
need to pay select the starting date of payments and accept the terms and
conditions. Finally click on ‘Submit’.
STEP
8:
An OTP will be sent to your registered mobile number. Enter the OTP on this
page and click on ‘Submit’ button. Your standing instruction/ auto pay will be
set successfully.
This is the procedure how to set auto pay in SBI
account, how to set standing instruction in SBI account through Yono Lite SBI.
You can also see the step by step process of above procedure in the following
video. Watch the video to know the process in live streaming.
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