SBI Announces YONO Shopping Festival 2.0; Special Benefits on Home and Auto Loans

State Bank of India (SBI) announced the second edition of its exclusive shopping festival on its digital application YONO. The YONO Shopping Festival 2.0 will begin on December 10 and last till December 14. This 5-day shopping festival brings an exclusive range of discounts, cashback and offers for the YONO customers. P.K. Gupta, MD (Retail & Digital Banking), SBI said: "The bank is launching YONO Shopping Festival 2.0 after receiving tremendous support from our customers a year ago."

In this celebratory season, SBI, in addition to its 17 e-commerce merchants, including Amazon, Lifestyle stores, Thomas Cook, EasemyTrip, OYO, Pepperfry and others, has also provided specific benefits on home and auto loans:

• On Auto loans, zero processing fees until 31st December 2019.

• Instant in-principal approval and 50% Discount on Consolidated Processing Fee on Home loans.

The YONO Shopping Festival 2.0 will also offer exciting deals in top categories, including electronics, fashion, gifting, jewellery, furniture, travel, hospitality. It is also offering discounts extending from 5% to 50% with all its participating merchants. To make this season budget-friendly all SBI credit and debit cardholders are given an additional 10% cashback up to ₹2500 on shopping of minimum ₹1000.

For the past two years, YONO has been an integral part of the bank. Through Android and iOS powered devices and on the web through a browser, YONO can be accessed.