FAQs for Special Purpose Digital Rupee (Programable-CBDC) 1. What is SpecialPurpose Digital Rupee Wallet? “Special Purpose Digital Rupee” is also called as Programmable Central BankDigital Currency (PCBDC). It is the designated digital rupee within Axis MobileDigital Rupee Wallet, regulated and guided by the Reserve Bank of India (RBI).It is exclusively designed and programmed for carrying out transactions with aspecific purpose. 2. Who is eligible for Special Purpose DigitalRupee? Special Purpose Digital Rupee is assigned to beneficiary by Sponsor entity whichcan be government or non-government organization. Beneficiary/ user who hasprovided Special purpose digital Rupee by sponsor entity can start using it onissuer Digital Rupee Banking App. Beneficiary/ user is not required tonecessarily have Savings account with issuer bank to avail this facility. 3. How can I avail the facility of Specialpurpose of Digital Rupee? User shall receive SMS communication on receipt of Special Purpose Digital Rupeeby Issuer Bank User has Savings Account with issuer bank. User can download Issuer bank Digital Rupee App or login to App if alreadyregistered. User completes registration,。
link savings account by debit cardauthentication. User lands on homepage. On homepage user can click on Special purposedigital rupee “Enable now” option User to agree terms and conditions Special Purpose DigitalRupee. Refer the transaction limits listed under the Retail CBDC section formore information 。
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