Digital Rupee by Kotak
"Digital Rupee (also known as eRupee) is an invite-based initiative launched by the Reserve Bank of India (RBI). It is a new form of currency (a legal tender), similar to sovereign paper currency, and is issued in digital form by the Reserve Bank of India. It is currently accessible to Kotak Bank customers by invitation only.
- Published by
- Kotak Mahindra Bank Ltd.
- Category
- Banking Apps & Neobanks
- Store ratings
- Google Play 3.1 from 4,877 ratings · App Store 1.9
- Installs
- 1 lakh+
- Reads your SMS
- Yes
- Reads your contacts
- Yes
- Shows ads
- No
- Most raised problem in store reviews
- Money did not arrive
Licences
- IRDAI corporate agent, CA0250 (unverified)
What users report
- Money did not arrive: Funds debited, withdrawn or transferred that the user says never landed.
- Payments fail: Transactions that fail, often with the money already gone.
- Nobody answers: Support that does not reply, or replies with a template and closes the ticket.
- App breaks: Crashes, freezes, blank screens and server errors.
- Cannot get in: OTP and login failures that lock people out of their own money.
Operated by Kotak Mahindra Bank Ltd..