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Bank of Baroda Launches eRUPI P2P Gifting on Its UPI App

25 September 20251 min read
BANKING & FINANCEBank of BarodaLaunches eRUPIP2P Gifting on ItsUPI App25 September 2025safalsetu.com

Why in the news

Bank of Baroda (BoB) rolled out eRUPI person-to-person (P2P) digital gifting on its own UPI app, built on NPCI’s e-RUPI system, which works across UPI platforms.

Key facts

  • Voucher value: ₹1 to ₹10,000.
  • Users can issue many vouchers, bound by daily UPI transaction limits.
  • Redeemable at UPI-enabled merchants on any platform.
  • Security: vouchers are non-transferable, and unredeemed ones are refunded after validity ends.
  • Category at launch: Food, with other services planned.

Exam angle

  • Bank: Bank of Baroda; technology base: NPCI’s e-RUPI.
  • Voucher range: ₹1 to ₹10,000.
  • First category: food.

Test yourself

1. Bank of Baroda's P2P digital gifting is powered by which system?

The notes say it uses NPCI's e-RUPI.

2. What is the voucher value range for BoB's eRUPI P2P gifting?

Vouchers run from ₹1 to ₹10,000.

3. Which category was first available for BoB's eRUPI P2P gifting?

It launched initially for food.

This topic is part of Daily Current Affairs 24 September 2025 (15 topics).

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