How to withdraw mutual fund amount from Yono SBI?

 

Hello friends, in this article we are going to discuss on the topic how to withdraw mutual fund amount from Yono SBI? If you are investing in SBI mutual fund through Yono SBI and want to withdraw money then how to do it?

 

If you invest in SBI mutual fund through Yono SBI then you can withdraw your mutual fund amount online only through Yono SBI. You can withdraw it from branch offline also. If you want to withdraw your SBI mutual fund amount from Yono SBI then what is the SBI mutual fund withdrawal process through Yono.

 

If you are also searching for this topic then read this article. Because of we are discussing the step by step process on this article.

 

How to withdraw mutual fund amount from Yono SBI:

Before going to withdraw mutual fund amount from Yono ensure that you have invested in SBI mutual fund through Yono SBI. If you are investing in SBI mutual fund on Yono SBI, then follow the following steps.

 

STEP 1: Go to Yono SBI and login to your account.

 

STEP 2: You will be on the dashboard of your account. Here you will see an option “Investment”. Click on this option here.

 

STEP 3: As you click on “Investment” then you will be redirected to your investment page. Here you will find the value of your investment. Click on this value here.

 

STEP 4: Now you will see your schemes on this page. You will also see a three dot line against each scheme. Click on the three dot line against the mutual fund scheme you want to withdraw money.

 

STEP 5: Some more options will be appeared on the screen. Click on the “Redeem Now” option out of them.

 

STEP 6: On this page your mutual fund scheme details will be appeared. You will see available units and current NAV etc. on the screen. You have to select the option amount to redeem or unit to redeem. We select amount to redeem here and enter the amount to be redeemed. Then click on “proceed”.

 

STEP 7: Once the details you have selected and entered will be appeared on the screen. Check the details, accept the terms and conditions and click on “Confirm”.

 

STEP 8: An OTP will be sent to your registered mobile number. Enter the OTP and click on “NEXT”. Your request for redeem mutual fund will be successfully placed. Now you will receive the amount on your bank account within 1-2 working days.

 

This is the process how to withdraw SBI mutual fund amount from Yono app.