Namaste Tribe!
Due to recent changes in SBI's YONO platform, you may be unable to deposit INR through SBI's Virtual Account Number (VAN) using the SBI YONO App. Some users may also experience beneficiary-related issues through SBI YONO Net Banking.
However, you can continue depositing INR into your WazirX account using Indian Bank's VAN or UPI.
Which INR Deposit Options Can I Use?
| Deposit Method | What You Should Know |
|---|---|
| SBI's VAN (IMPS/NEFT/RTGS) | INR deposits to SBI's VAN are currently not supported through the SBI YONO App. |
| Indian Bank's VAN (IMPS/NEFT/RTGS) | You can use Indian Bank's VAN to deposit INR through IMPS, NEFT, or RTGS, including when transferring funds from your SBI account. |
| UPI | Alternatively, you can deposit INR using the UPI deposit option on WazirX. |
How to Deposit INR Using Indian Bank's VAN?
| No. | What You Need to Do |
|---|---|
| 1 | Log in to your WazirX account and navigate to the INR Deposit section. |
| 2 | Select IMPS/NEFT/RTGS and choose Indian Bank's VAN as your deposit option. |
| 3 | Copy the Indian Bank VAN beneficiary details displayed on WazirX. |
| 4 | Use your SBI YONO App or supported banking channel to transfer funds to Indian Bank's VAN through IMPS, NEFT, or RTGS. |
Can I Deposit INR Using UPI Instead?
Yes. You can also use the UPI deposit option available on WazirX to add INR to your account without using the VAN deposit method.
Important: You do not need to remove or change your registered SBI bank account to use Indian Bank's VAN. Always use the beneficiary details displayed in your WazirX account when making a deposit. The issue with SBI's VAN originates from SBI YONO and is not related to WazirX.