How to get a pre-approved personal loan through the SBI YONO app

Here is a step-by-step guide to availing a pre-approved personal loan in just four clicks through the SBI YONO app.

Pre-Approved Personal Loan (PAPL) on SBI YONO App

The State Bank of India (SBI) has introduced an easier way to apply for a Pre-Approved Personal Loan (PAPL) through its YONO app. The financial powerhouse has instant solutions for all kinds of solutions at your fingertips 24/7.

It will be a hassle-free installation that requires a visit to the nearest branch for physical documentation. The largest public sector bank in India offers no physical documentation and no branch visits and an easier way to provide personal loans to its current customers.

SBI account holders are more rewarded as eligibility for approval can be based on credit history and repayment track. Eligibility parameters are determined by the SBI, which offers a particular category of clients.

Users can check their eligibility by texting ‘PAPL‘ at 567676. According to the bank, PAPL is available to selected customers who will take care of fulfilling the terms and conditions.


Step 1: Download the YONO app from Play Store.

Step 2: Register and login after installation.

Step 3: Click on the “Available Now” option from the drop-down menu.

Step 4: Choose the loan ‘Amount’ and ‘Duration’.

Step 5: The user will receive an OTP on the registered mobile number linked to the account.

Step 6: Enter the OTP, then the amount will be credited to the account.

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