The SBI Yono app recently received a major interface overhaul, making it more intuitive but also changing where certain features are located. If you are a Public Provident Fund (PPF) subscriber, knowing your liquidity options—specifically how much you can borrow or withdraw—is crucial for financial planning.
Here is a step-by-step guide to checking your SBI PPF loan and withdrawal limits using the updated Yono interface.
Why Check Your PPF Limits?
The PPF is a long-term investment, but it offers flexibility through:
*Loans: Available from the 3rd to the 6th financial year of account opening.
*Partial Withdrawals: Available from the 7th financial year onwards.
The updated Yono app now displays these eligible amounts in real-time, saving you a trip to the bank branch.
Steps to Check PPF Eligibility on SBI Yono
Follow these simple steps to find your current eligibility:
Step 1: Login to Yono SBI
Open the Yono SBI app on your smartphone. Log in using your 6-digit MPIN or your internet banking Username and Password.
Step 2: Navigate to Investments
On the new dashboard, look for the Banking section. Under this category, tap on the "Investment" tab.
Step 3: Select the PPF Option
Within the Investment page, you will see various categories like Mutual Funds and Fixed Deposits. Locate and click on the "PPF" (Public Provident Fund) option.
Step 4: View Your Account Details
Once you click on your PPF account number, the screen will display your comprehensive account summary. This includes:
* Current Balance: The total amount currently in your fund.
* Invested Amount: Total contributions made in the current financial year.
* Withdrawal/Loan Eligibility: This is the key section. The app will explicitly state the exact amount you are currently eligible to withdraw or take as a loan.
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