Dry roast peanuts on a medium flame in a pan. Keep it aside and let it cool down.
Add peanuts, cilantro, ginger, garlic, green chilli and water in a grinder and grind them.
Transfer peanut chutney in a bowl and add salt. Mix it well.
Heat oil in a tempering pan on medium heat.
Once oil is hot, add rai, urad dal, dry red chilli, and curry leaves to it.
When urad dal turns brown, add tempering on top of the chutney.
Peanut chutney or moongphali ki chutney is ready to be served.