The Reserve Bank of India launched the offline digital rupee at the Global Fintech Fest 2025 in Mumbai. Now, you can make payments without an internet connection. Learn how to access this feature.
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RBI Offline Digital Rupee: The Reserve Bank of India launched the offline digital rupee at the Global Fintech Fest 2025 in Mumbai. The unique feature of the offline digital rupee is that it allows you to make digital payments without internet or mobile network access. You can spend it like cash. Simply scan or tap a QR code and your payment will be completed successfully. You can store your money digitally in your wallet.
What is a digital rupee?
Digital Rupee, or e₹, is India’s Central Bank Digital Currency (CBDC). You can also call it the digital version of the Indian rupee. You can use a digital rupee even without internet access. For example, this digital rupee is similar to the cash in your wallet. The only difference is that it’s available in digital form.
You can use it offline by storing it in your digital wallet. Furthermore, you don’t need to have access to your bank account for every transaction. Users can download these apps from the Google Play Store or Apple Play Store. After registering, you’ll be able to make payments to any individual or business.
Who will benefit the most?
This feature will benefit people living in rural and remote areas, where internet and mobile network access is a problem. The most significant feature of e₹ is offline payment. This will utilize the support of telecom companies and NFC-based payments. This means you won’t need internet to make offline payments, making money transactions easier.
Which banks are rolling out this feature?
Digital Rupee is being made available as a wallet at several banks in the country. It’s being rolled out at SBI, ICICI Bank, IDFC First Bank, Yes Bank, HDFC Bank, Union Bank of India, Bank of Baroda, Kotak Mahindra Bank, Canara Bank, Axis Bank, IndusInd Bank, Punjab National Bank, Federal Bank, and Indian Bank.
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