YONO SBI Money Transfer Limit, How Much Money Can We Transfer from YONO SBI

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Posted By PAVZI
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The Official SBI app for banking through mobile in India is Yono SBI. The full form of YONO is You Only Need One. Isn’t it interesting? This single App provides all the options for successful internet banking through SBI, reducing the need to visit the branch physically. Through this App, you can transfer money and avail of various services. In this article, I will discuss the maximum amount of money that can be transferred through the YONO SBI App.

There are various ways to transfer money. We will discuss each mode to determine the total transfer limit that is allowed with each mode.

  • NEFT – In one day, i.e., 24 hours, one can transfer money up to INR 10 Lakhs.
  • IMPS -In one day, i.e., 24 hours, one can transfer money up to INR 2 Lakhs.
  • RTGS -In one day, i.e., 24 hours, one can transfer money from anywhere between INR 2 Lakhs to 10 lakhs.
  • Quick Transfer IMPS -In one day, i.e., 24 hours, one can transfer money up to INR 25,000.
  • mCash – For a single transaction, the maximum limit is Rs. 1101. The whole day limit, i.e., in 24 hours, the maximum limit is Rs. 2202. In a whole month, one cannot make any transaction exceeding Rs. 5101.
  • UPI – One cannot make more than Rs. 1 Lakh transactions in a single day. The maximum limit per transaction is also Rs. 1 Lakh.

Note: A few points need to be considered before making a transaction using any of these methods. These are: –

  • For NEFT, IMPS, and RTGS, we must add a beneficiary to the account. There are no such requirements for other types of transfer.
  • There is no charge for transferring money through any mode, but there is a charge for using SBI mCash. The charge is Rs. 2.5 per transaction and additional tax (if applicable).
Mode Transfer Limit Require to add a beneficiary? Charges
NEFTRs. 10 LakhYes Nil
 IMPSRs. 2 LakhYesNil
 RTGSRs. 2 Lakh to Rs. 10 LakhYesNil
Quick TransferRs. 25,000 per transactionNoNil
SBI mCashRs. 1,101 per transaction, Rs. 2,202 in a day, and Rs. 5,101 in a monthNoRs. 2.5 + tax per transaction
UPIRs. 1 Lakh per transaction per dayNoNil
How much money we can transfer from Yono SBI

Complete Details Here

  1. How can I transfer more than 25000 from SBI Yono?
    • You Can transfer Rs.25000/- or more by using the SBI YONO ‘Quick Transfer’ option.
  2. How can I change my maximum transfer limit in SBI Yono?
    • You can change your transfer limit by using the change limit through verification by OTP.
  3. How can I transfer more than 1 lakh in Yono SBI?
    • NEFT, RTGS, IMPS, UPI, Quick Transfer, and mCash allow everyone to transfer more than 1 lakh.
  4. What is the maximum limit in Yono pay?
    • All SBI YONO Pay users can transfer Rs.10,00,000/-. Use NEFT + RTGS + IMPS + UPI + Quick Transfer + mCash = 10 lakh + 10 Lakh + 2 Lakh + 1 Lakh + Rs. 25,000 + Rs. 2,202 = Rs.23,27,202/-

Hi, I'm Pavzi. I have 15 Years of Experience in the Financial Industry; here, I have posted various Financial Updates and Money Matters with How-to Guides according to the Latest Fintech News updates.