Sharing documents with various government and private agencies for different purposes is a tedious task. Digital locker scheme under the Digital India campaign is basically an electronic facility to be launched by our Indian Prime Minister Narendra Modi on 1st of July 2015. This would prove useful to the citizens of India in keeping their important documents such as PAN card, Adhaar card, and passport etc. in the digital format. This research paper highlights the benefits and the components along with the challenges that could be faced by the citizens of India while accessing this facility. This research paper focuses on how the use of this facility would e-monetize and also help us to securely manage our e-Documents in an electronic form.