Digital Rupee or e` is India’s central bank digital currency (CBDC) and the tokenised digital form of India’s physical currency. It is issued by the Reserve Bank of India (RBI) in digital form and offers features similar to the physical fiat currency, including RBI’s guarantee. This digital rupee is stored in a digital wallet and can be used to make payments, just like one can do with physical notes and coins.
The RBI Digital Rupee Wallet was launched in December 2022 to promote the digital economy, reduce transaction costs, and enhance transparency. At present, the pilot project is supported by 15 public and private banks across India.
Registration Process
1 November 2025
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1. Check if your bank supports CBDC wallets
2. Download the official Digital Rupee Wallet app from your official app store
3. Open the app and select your SIM card
4. Allow necessary device permissions
5. Set login PIN
6. Complete biometric access for further safety
7. Choose a recoverable wallet type
8. Create a 6-digit wallet PIN
9. Link your bank account using debit card details
10. Complete KYC with your bank account details
11. Review all information carefully before confirming
12. Upon verification, confirm registration for wallet activation
13. Once confirmed, add funds from your bank account
14. Now, the app is ready to make payments or transfer money
Additional Features
e-Rupee also offers additional features. These include:
Tracking balance and transaction history from the app dashboard.
Supporting QR codes or near field communication (NFC) for offline payments.
Enabling notifications for alerts and updates for regular updates.
Enables instant peer-to-peer transfers directly between two e-Rupee wallets.
Safety Measures
Here are some safety measures one should follow:
Do not use public WiFi to make payments.
Update the app regularly.
Keep your wallet PIN confidential.
