IDFC FIRST Bank Digital Rupee

Dear Apple Team,

IDFC FIRST Bank Digital Rupee is the official app of IDFC FIRST Bank customers.

Digital Rupee is Central Bank Digital Currency (CBDC) of India issued by India's Central Bank - The Reserve Bank of India (RBI). Digital Rupee is a legal tender, similar to sovereign paper currency, and is issued in digital form by the Reserve Bank of India. The value of the Digital Rupee is equivalent to that of a sovereign paper currency.
To answer the question of how it is different from other cryptocurrencies? Digital Rupee is issued by the Central Bank of India (RBI) and is distributed to citizens just like normal paper currency. It's value is equivalent to the paper currency and does not change under any circumstance. Attaching a circular from RBI for more reference.

Our banking application is designed to provide secure and convenient banking services to iPhone users in accordance with the Indian Reserve Bank's guidelines. The app features both SIM and device binding to ensure the highest level of security for our users. Our team has taken the necessary precautions to ensure the confidentiality and protection of our users' financial information, and we are committed to maintaining the highest standards of security in the industry.
For logging it into the application customer needs to be a registered as a customer with the Bank under Reserve Bank of India's guidelines. These guidelines involves proper customer verification and onboarding process to complete a KYC Bank Account. So we cannot provide a user access to your Apple Review Team.


Steps involved in Customer Check:

1. An outbound SMS for verification will be triggered from a users mobile
2. Users Mobile numbers will get bind to the Bank Servers post successful handshaking
3. After successful registration of the device with the bank, the user will be able to proceed further to the registation flow.


FOR UPDATE 1.3.3:
*Bug fixes and application optimizations
Have attached a video regarding update, https://youtube.com/shorts/5ESeuYbZrEc?feature=share

Reference videos:-
Version 1.3.2: https://youtu.be/D-9tdQa9BpI?si=z5HxJDos6I-xqIS1
Version 1.3.0: https://youtube.com/shorts/iBarwdNg-uA?feature=share

End to End Recording:
https://youtu.be/dfwVVZ46SDA
https://www.youtube.com/watch?v=BgQWSrByjH4
https://www.youtube.com/shorts/qs2oVHlu2x4

In case review team requires any further information about the App functionality, please reach us on contact details provided.

Thanks
IDFC FIRST Bank