7 Facts about all New eRupee

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eRupee or  Digital Rupee

Fact 1

is a digital version of India's paper currency

eRupee is  in pilot mode

Fact 2

only people who are invited will be able to use the Digital Rupee Wallet app 

Which banks are enrolled?

Fact 3

only SBI, IDFC, ICICI, and YES Banks are allowed to run pilot phase

What's difference in eRupee & UPI?

Fact 4

eRupee is digital currency while UPI is a payment platform

Which technology is used?

Fact 5

Digital Rupee is based on blockchain technology

What are the benefits?

Fact 6

> It has all the perks of regular cash  > Smoother cross-border transactions  

What are Risks?

Fact 7

> No more secret transactions > Personalized monetary policy 

Find out other important details about

eRupee