<p>The State Bank of India (SBI) on Friday relaunched its Aadhaar-based instant digital savings account facility for customers who want to open an online account using the Yono platform.</p>.<p>Yono is the lender's integrated banking and lifestyle platform.</p>.<p>The 'insta savings bank account' will offer completely paperless and instant digital savings account opening with just PAN and Aadhaar number, the bank said in a release.</p>.<p>"This account has all the features that would provide our potential customers a convenient, hassle-free and paperless banking experience without visiting the bank branch," SBI chairman Rajnish Kumar said.</p>.<p>The bank will issue basic personalised RuPay ATM-cum-debit card to all the new account holders of instant saving bank accounts.</p>.<p>To open an account, customers need to download the Yono app, enter their PAN and Aadhaar details, submit a one-time password, and fill other relevant details, the release said.</p>.<p>Nomination facility is also available for account holders along with SMS alerts and SBI's missed call service.</p>.<p>Once the process is completed, the account holder will get his/her account activated instantly and can start transacting immediately.</p>.<p>Customers will have the flexibility to upgrade to full KYC (Know Your Customer) account by visiting their nearest SBI branch within one year's time.</p>
<p>The State Bank of India (SBI) on Friday relaunched its Aadhaar-based instant digital savings account facility for customers who want to open an online account using the Yono platform.</p>.<p>Yono is the lender's integrated banking and lifestyle platform.</p>.<p>The 'insta savings bank account' will offer completely paperless and instant digital savings account opening with just PAN and Aadhaar number, the bank said in a release.</p>.<p>"This account has all the features that would provide our potential customers a convenient, hassle-free and paperless banking experience without visiting the bank branch," SBI chairman Rajnish Kumar said.</p>.<p>The bank will issue basic personalised RuPay ATM-cum-debit card to all the new account holders of instant saving bank accounts.</p>.<p>To open an account, customers need to download the Yono app, enter their PAN and Aadhaar details, submit a one-time password, and fill other relevant details, the release said.</p>.<p>Nomination facility is also available for account holders along with SMS alerts and SBI's missed call service.</p>.<p>Once the process is completed, the account holder will get his/her account activated instantly and can start transacting immediately.</p>.<p>Customers will have the flexibility to upgrade to full KYC (Know Your Customer) account by visiting their nearest SBI branch within one year's time.</p>