Digital Rupee by Kotak Bank vs Kotak Cherry: MFs, SIPs Usage & Stats
"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.
For early access, please register at www.kotak.com. You can type "Digital Rupee" on the website's search icon at the top and learn more about digital rupee on the webpage.
Kotak Digital Rupee app will facilitate secure, faster, and digital currency transaction using a wallet. This eRupee wallet will be like your physical wallet in digital form, on your device.
Things you can do on Digital Rupee app:
- Load eRupee
- Send eRupee
- Scan and Pay eRupee
- Redeem eRupee
- Auto Load
If you have received an invite and are facing issues while registering, please email us at social.experts@kotak.com, elaborating on the error."
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Cherry is a one-stop investment application that helps you to invest in Mutual Funds, Stocks, , Mutual Fund Baskets, ETFs, Index Funds, IPOs, NFOs and a lot more.
It also has Mutual Funds recommended by the experts at Kotak. It is an intuitive tool backed by the trusted house of Kotak.
So, why invest with us?
· Get access to Kotak recommended Mutual Funds
· Track all your past and external Mutual Fund investments
· Invest in multiple investment products such as tax saving Mutual Funds, Balanced Advantage Funds, Multi Asset Funds, Exchange traded Funds, Index Funds, International Funds and a lot more.
· Save, invest and track your money on one single app
· Exclusive Mutual Fund Baskets created by top fund houses as per your risk appetite and investment horizon
· Easy navigation, market updates, and stay informed about trending investment products
Get the best of investing world at your fingertips.
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- Free
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Digital Rupee by Kotak Bank VS. 
Kotak Cherry: MFs, SIPsMarch 15, 2025