This paper strives to give details about Digital Financial Literacy among the rural households of Kerala. It seeks to know the relationship between the age and the level of awareness regarding different Digital financial products or services. It makes an effort to envisage if there is any relation between education level and type of investments made by the people. Further, this paper also aims to focus on the level of education and confidence level of the people in managing their funds digitally. The research analysis was conducted on a sample population of 250 respondents from various districts of Kerala. A structured questionnaire was formulated for the purpose of collecting the data. During the research, it was found to be possible to increase the income of some rural people using digital financial literacy. The analysis and findings of this research could be helpful in finding ways of improving Digital Financial Literacy among the rural people. For a country like India were most of the transactions are done physically, paving the way for Black money and Tax evasion, reformation in the monetary system is necessary to increase the usage of Digital Financial Products and blocking the loopholes in the system which are a boon for the tax evader.

Digital Financial Literacy, Rural Kerala, Digital Financial Products and Services, Monetary System, Government Schemes.