SBI UPI: Important Notice issued for State Bank of India Customers

Sbi upi important notice issued for state bank of india customers (1)

SBI UPI Users Alert: The State Bank of India (SBI) issued a notice for customers informing them that it is upgrading its Unified Payments Interface (UPI) platform for a better customer experience. It also informed that during the upgrade activity, customers may face some issues related to SBI UPI on January 9. Suggesting an alternative solution, the bank requested its customers to use alternative channels like YONO, YONO lite, or net banking.


Unified Payment Interface (UPI)

UPI is an immediate payment interface. It was developed by the National Payment Corporation of India. UPI helps in the instant transfer of the funds between the two bank account using a mobile phone.


SBI YONO App is a comprehensive digital service platform. YONO stands for ‘You Only Need One’. It offers everything related to financial services. It is developed using the world’s latest digital technologies.

With YONO, customers can transfer funds in just a few clicks, withdraw money from ATM by using cardless withdrawal facility, have one view of their banking and financial portfolio of SBI Group companies, get benefit from intelligent spend analyzer, check reward points, etc. The service platform can be accessed through mobile phones, both Android and iOS, and on the web through a browser. It allows a seamless omnichannel customer experience.