e₹ Wallet at 19 Banks: Is Your Bank on the List?
RBI's Digital Rupee is digital cash held in a wallet app. It is still a pilot, and 19 banks offer wallets. Using it costs nothing, no minimum balance is needed, and balances earn no interest.
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Customers and merchants of the pilot banks and non-bank wallet providers who want to try the Digital Rupee, as it is still a limited pilot.
Pay a ₹15 item with a ₹20 e₹ note — the other ₹5 stays in your wallet.
Nineteen banks now offer wallets where you can try RBI's digital cash in the pilot.
Key Takeaways
Check the FAQ's list of 19 pilot banks to see whether your bank offers an e₹ wallet.
Download your bank's e₹ app from the Play Store or App Store and register to start.
Raise any e₹ dispute through your wallet app or your provider's customer care centre.
RBI's Digital Rupee is digital cash held in a wallet app. It is still a pilot, and 19 banks offer wallets. Using it costs nothing, no minimum balance is needed, and balances earn no interest.
Here's what happened: RBI's updated FAQ (October 01, 2026) says the Digital Rupee, or e₹, is still being piloted for the public and for banks. Currently 19 banks offer e₹ wallets. Retail use has been live in the pilot since December 2022. The wallet has no fees and no minimum balance, works 24x7 for loading and redeeming, but pays no interest.
What you should do: Check the FAQ's list of 19 pilot banks to see whether your bank offers an e₹ wallet. Download your bank's e₹ app from the Play Store or App Store and register to start. Raise any e₹ dispute through your wallet app or your provider's customer care centre.
Pro tip: Paying at a CBDC QR moves e₹ between wallets instantly, but scanning a UPI QR from your e₹ app follows normal UPI settlement timelines.
Written by GoCredit from the official Reserve Bank of India document cited below. Every figure is checked against that document. This is general information, not legal or financial advice.
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Questions people ask
Is Digital Rupee the same as UPI?
No. e₹ is the rupee itself in digital form and can be stored in a wallet. UPI is only a way to pay. You can also scan a UPI QR from an e₹ app.
Do I earn interest on money in an e₹ wallet?
No. Because e₹ is meant to behave like cash, wallet balances pay no interest. There are also no charges for using the wallet and no minimum balance.
What if I lose my phone with an e₹ wallet?
The FAQ says your e₹ stays safe even if the phone is lost. You can restore the wallet on a new device using the same phone number or SIM.
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Official source. GoCredit wrote this explainer from the document above, and every figure in it is checked against that document automatically. The worked example is calculated by GoCredit. How we write news
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