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In this hi-tech and modern era of scientific progressions, electronic equipment’s and devices are drowning our day today lives. Due to exhaustive use of electronic devices, the problem one face’s is the safe dumping of defective electronic items without instigating any harm to the society and environment. The basic issue observed in E-waste management is that depositors aren’t encouraged adequate to recycle their electronic waste and electronic waste amassers are unable to detect source of e-waste. In this paper researchers tried to talk about an IoT based system that can help the depositors gets monitory benefit after dispose of their e-waste. With the help of an online bidding module developed for e-waste collector’s selection, e-waste collector will be finalized. A collaborative smart bin having embedded system to lock and unlock itself upon successful authentication by the user with several sensors is required for this purpose.

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