Hello friends, in this article we are discussing on the topic
how to change beneficiary limit in Yono SBI mobile app. If you are a SBI customer
and you are using SBI internet banking or Yono mobile app, you can add other
accounts as a beneficiary to transfer funds from your account. Suppose you have
set a limit of transferring funds against a beneficiary. Suppose you want to
increase or decrease the money transfer limit form your account after
sometimes. Then how to change beneficiary transfer limit on Yono SBI mobile
app?
Many of SBI customers added beneficiary to their internet
banking for fund transfer. But while they need to transfer fund greater than
the limit set, it will difficult to transfer money at a time. In that situations
he or she needs to change the beneficiary limit on the account. But they don’t
know the process how to update beneficiary limit in Yono SBI. That is why we
are discussing the process on this article.
How to
change beneficiary limit in Yono SBI:
To change the beneficiary limit in Yono SBI you should have
the Yono SBI login credentials. If you have the same then follow the following
steps.
STEP 1: Go to
Yono SBI mobile app and login to your account.
STEP 2: Now you
are on your account’s dashboard. Click on the ‘Yono Pay’ icon on the dashboard
of your account.
STEP 3: You
will see two options on the top of the page. One is ‘quick transfer’ and the
other is ‘Bank Transfer’. Click on the “Bank Transfer” link here.
STEP 4: You
will see two transfer options ‘other accounts’ and ‘own accounts’. Click on the
“other accounts” option from the both options.
STEP 5: The
list of beneficiaries added before will be appeared on the screen. You will
also see a pencil icon against each beneficiary. Click on the pencil icon
against the beneficiary for which you want to change the transfer limit.
STEP 6: The
details of the beneficiary will be appeared on the screen. Enter the new limit
on this page and click on ‘Next’.
STEP 7: An OTP
will be sent to your registered mobile number linked with the SBI account.
Enter the OTP on this page and click on ‘submit’.
STEP 8: A pop
up message will be appeared on the screen. It says “Beneficiary Successfully
Modified”. It means your limit has been changed.
From the next time you can transfer fund up to the new set
maximum limit. This is the process how to change beneficiary limit on Yono SBI.
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