{ "meta": { "dossier": "payments", "source": "Reserve Bank of India, Payment System Indicators (via DBIE)", "vintage": "2026-10-10", "mock": false, "geo": "IND", "releaseDate": null, "revisionPolicy": "Monthly figures are provisional when first printed and may be revised in later Bulletins; the RBI re-organised the table in November 2019, and the two layouts are kept apart.", "latestPeriod": "2026-03", "frequency": "annual", "base": "re-organised classification, annual (restated by the RBI from 2015-16)", "unit": "mixed", "coverage": "Every payment system, number and value of transactions in each fiscal year since 2015-16, in the RBI's re-organised classification", "note": "RBI Handbook of Statistics, Payment System Indicators, via DBIE report 907 (data providers DP5 volume, DP4 value). The RBI restated the years before November 2019 in the re-organised classification; from 2020-21 each year equals the sum of report 612's months (checked in validate), with two exceptions as published: prepaid instruments in 2022-23 are 1.76 crore transactions (₹1,017 crore) below the months' sum, which carries into the totals, and CCIL's 2025-26 volume is 84 trades above it. The year in progress is left out. The RBI's annual table in the old layout (2012-13 to 2017-18) is not used: DBIE stores it at one-hundredth (values) and one-tenth (volumes) of the monthly sums." }, "dates": [ "2016-03-01", "2017-03-01", "2018-03-01", "2019-03-01", "2020-03-01", "2021-03-01", "2022-03-01", "2023-03-01", "2024-03-01", "2025-03-01", "2026-03-01" ], "series": { "rtgs_volume": { "name": "rtgs_volume", "label": "RTGS, all (large-value transfers), number of transactions", "unit": "count", "group": "Large-value transfers", "color": "#878D99", "data": [ 98341828, 107856417, 124433267, 136602975, 150661053, 159192001, 207839180, 242561860, 270016277, 302454580, 349978862 ] }, "rtgs_value": { "name": "rtgs_value", "label": "RTGS, all (large-value transfers), value", "unit": "inr_amount", "group": "Large-value transfers", "color": "#878D99", "data": [ 824578007784000, 981903761188000, 1167124775585000, 1356881867100000, 1311564749434430, 1055998485207200, 1286575164713220, 1499462860639850, 1708866703830320, 2013876822650760, 2273726482782510 ] }, "retail_credit_volume": { "name": "retail_credit_volume", "label": "Retail credit transfers, all (AePS, APBS, ECS, IMPS, NACH, NEFT, UPI), number of transactions", "unit": "count", "group": "Credit transfers", "color": "#878D99", "data": [ 2853569402, 3838053909, 5879317039, 11848073535, 20629730642, 31786774479, 57793474194, 98362084166, 148610689106, 206101491000, 261873801090 ] }, "retail_credit_value": { "name": "retail_credit_value", "label": "Retail credit transfers, all (AePS, APBS, ECS, IMPS, NACH, NEFT, UPI), value", "unit": "inr_amount", "group": "Credit transfers", "color": "#878D99", "data": [ 89018283140600.5, 128584055313431, 188142953090367, 260904709325996, 285565931301987, 335042256337562, 427280055509162, 550096195124114, 675428593756638, 798819761141935, 919391861842289.9 ] }, "aeps_transfer_volume": { "name": "aeps_transfer_volume", "label": "AePS fund transfers (Aadhaar-enabled), number of transactions", "unit": "count", "group": "Credit transfers", "color": "#878D99", "data": [ null, 107764, 639348, 1082114, 950204, 1131283, 976000, 589998, 392499, 364000, 327600 ] }, "aeps_transfer_value": { "name": "aeps_transfer_value", "label": "AePS fund transfers (Aadhaar-enabled), value", "unit": "inr_amount", "group": "Credit transfers", "color": "#878D99", "data": [ null, 507021116.43, 3003491623, 5009110946, 4689235249, 6229118921, 5748900000, 3563956826, 2605736644, 1895500000, 1697300000 ] }, "apbs_volume": { "name": "apbs_volume", "label": "APBS (Aadhaar payment bridge: subsidies and benefits), number of transactions", "unit": "count", "group": "Credit transfers", "color": "#878D99", "data": [ 717462994, 949133781, 1298025403, 1494900138, 1674710324, 1437298986, 1257332858, 1783395453, 2588816602, 3296443000, 3385421000 ] }, "apbs_value": { "name": "apbs_value", "label": "APBS (Aadhaar payment bridge: subsidies and benefits), value", "unit": "inr_amount", "group": "Credit transfers", "color": "#878D99", "data": [ 185975828931.01, 348383911089.76, 559482363525, 862263151006, 990483225106, 1110010701745, 1333450931857.44, 2475345664282.14, 3907434286968.7, 5540342800000, 7170398200000 ] }, "ecs_cr_volume": { "name": "ecs_cr_volume", "label": "ECS credit, number of transactions", "unit": "count", "group": "Credit transfers", "color": "#878D99", "data": [ 39000835, 10101592, 6135563, 5357454, 1826894, 0, 0, 0, 0, 0, 0 ] }, "ecs_cr_value": { "name": "ecs_cr_value", "label": "ECS credit, value", "unit": "inr_amount", "group": "Credit transfers", "color": "#878D99", "data": [ 1059439542000, 144082709000, 118643999000, 132353458000, 51455872713, 0, 0, 0, 0, 0, 0 ] }, "imps_volume": { "name": "imps_volume", "label": "IMPS (immediate payment service), number of transactions", "unit": "count", "group": "Credit transfers", "color": "#878D99", "data": [ 220812557, 506731364, 1009835834, 1752906075, 2579170315, 3278346785, 4662524508, 5653263693, 6005334978, 5624968000, 4943109000 ] }, "imps_value": { "name": "imps_value", "label": "IMPS (immediate payment service), value", "unit": "inr_amount", "group": "Credit transfers", "color": "#878D99", "data": [ 1622256022000, 4111058608000, 8924974755104, 15902568555322, 23375408685195, 29414995241748, 41710374708114, 55854411375222.5, 64956521261499.7, 71391098900000, 76699289400000 ] }, "nach_cr_volume": { "name": "nach_cr_volume", "label": "NACH credit (bulk payouts: salaries, dividends, pensions), number of transactions", "unit": "count", "group": "Credit transfers", "color": "#878D99", "data": [ 623413409, 731909311, 703085751, 883437515, 1109986238, 1646544115, 1875781673, 1925719271, 1622726981, 1693886000, 1828442000 ] }, "nach_cr_value": { "name": "nach_cr_value", "label": "NACH credit (bulk payouts: salaries, dividends, pensions), value", "unit": "inr_amount", "group": "Credit transfers", "color": "#878D99", "data": [ 2877505078669.48, 3870736951154.41, 5210005357811, 7296726996309, 10370793392946.7, 12165347119006, 12816854274510.5, 15418147436920.1, 15251037113351.6, 16702233900000, 19022931700000 ] }, "neft_volume": { "name": "neft_volume", "label": "NEFT, number of transactions", "unit": "count", "group": "Credit transfers", "color": "#878D99", "data": [ 1252879607, 1622096136, 1946357063, 2318887320, 2744468034, 3092788859, 4040729053, 5284743182, 7263950411, 9619804750, 10099615490 ] }, "neft_value": { "name": "neft_value", "label": "NEFT, value", "unit": "inr_amount", "group": "Credit transfers", "color": "#878D99", "data": [ 83273106669000, 120039677384000, 172228519722000, 227936080900000, 229455799636886, 251309095906596, 287254627896964, 337195410613028, 391360140088960, 444614643341936, 502265047842290 ] }, "upi_volume": { "name": "upi_volume", "label": "UPI, number of transactions", "unit": "count", "group": "Credit transfers", "color": "#2E4BD8", "data": [ null, 17973961, 915238077, 5391502919, 12518618633, 22330664451, 45956130102, 83714372569, 131129467635, 185866025000, 241616886000 ] }, "upi_value": { "name": "upi_value", "label": "UPI, value", "unit": "inr_amount", "group": "Credit transfers", "color": "#2E4BD8", "data": [ null, 69608729070.59, 1098323401304, 8769707154413, 21317301253891, 41036578249546, 84158998797715.9, 139149316077835, 199950855269215, 260569546700000, 314232497400000 ] }, "debits_volume": { "name": "debits_volume", "label": "Debit transfers and direct debits, all, number of transactions", "unit": "count", "group": "Debits", "color": "#878D99", "data": [ 276898661, 295235585, 378810544, 491385192, 602700755, 1045653916, 1218948701, 1534305306, 1824953355, 2165994636, 2347134000 ] }, "debits_value": { "name": "debits_value", "label": "Debit transfers and direct debits, all, value", "unit": "inr_amount", "group": "Debits", "color": "#878D99", "data": [ 2303543355889.91, 3088547620541, 3908691209246, 5245563713482, 6059393909169.7, 8655200989993.55, 10344435354076.7, 12896110611187.8, 16876575192615.3, 22085830754489.2, 26973548100000 ] }, "bhim_aadhaar_pay_volume": { "name": "bhim_aadhaar_pay_volume", "label": "BHIM Aadhaar Pay, number of transactions", "unit": "count", "group": "Debits", "color": "#878D99", "data": [ null, null, 1953265, 6792083, 9070335, 16083507, 22773000, 21422075, 19359100, 23008000, 23196000 ] }, "bhim_aadhaar_pay_value": { "name": "bhim_aadhaar_pay_value", "label": "BHIM Aadhaar Pay, value", "unit": "inr_amount", "group": "Debits", "color": "#878D99", "data": [ null, null, 780967237, 8154556436, 13033139378, 25798122285.5, 61134891810, 67911121091.46, 61116872645, 69072900000, 77389400000 ] }, "ecs_dr_volume": { "name": "ecs_dr_volume", "label": "ECS debit, number of transactions", "unit": "count", "group": "Debits", "color": "#878D99", "data": [ 224754391, 8758559, 1540117, 926326, 114015, 0, 0, 0, 0, 0, 0 ] }, "ecs_dr_value": { "name": "ecs_dr_value", "label": "ECS debit, value", "unit": "inr_amount", "group": "Debits", "color": "#878D99", "data": [ 1651502552000, 39136565000, 9716079000, 12600203000, 386070000, 0, 0, 0, 0, 0, 0 ] }, "nach_dr_volume": { "name": "nach_dr_volume", "label": "NACH debit (EMIs, SIPs, bills paid by mandate), number of transactions", "unit": "count", "group": "Debits", "color": "#878D99", "data": [ 52144270, 286477026, 373797162, 483042783, 584194405, 964574605, 1075473962, 1350252238, 1642649360, 1976228000, 2161419000 ] }, "nach_dr_value": { "name": "nach_dr_value", "label": "NACH debit (EMIs, SIPs, bills paid by mandate), value", "unit": "inr_amount", "group": "Debits", "color": "#878D99", "data": [ 652040803889.91, 3049411055541, 3897808763009, 5224613954046, 6043973148176.7, 8620268870255, 10266405539562.5, 12802194193535.6, 16787689869738.2, 21993270600000, 26874590800000 ] }, "netc_volume": { "name": "netc_volume", "label": "NETC (FASTag tolls, linked to a bank account), number of transactions", "unit": "count", "group": "Debits", "color": "#878D99", "data": [ null, null, 1520000, 624000, 9322000, 64995804, 120701739, 162630993, 162944895, 166758636, 162519000 ] }, "netc_value": { "name": "netc_value", "label": "NETC (FASTag tolls, linked to a bank account), value", "unit": "inr_amount", "group": "Debits", "color": "#878D99", "data": [ null, null, 385400000, 195000000, 2001551615, 9133997453.05, 16894922704.21, 26005296560.76, 27768450232.2, 23487254489.21, 21567900000 ] }, "cards_volume": { "name": "cards_volume", "label": "Card payments, all (excluding cash withdrawals), number of transactions", "unit": "count", "group": "Cards", "color": "#878D99", "data": [ 1959287893, 3486435945, 4748552301, 6176870711, 7238354968, 5778660298, 6178293139, 6332472051, 5846979124, 6386114644, 7303975579 ] }, "cards_value": { "name": "cards_value", "label": "Card payments, all (excluding cash withdrawals), value", "unit": "inr_amount", "group": "Cards", "color": "#878D99", "data": [ 3995882650000, 6582885093000, 9190345946000, 11968879986000, 14348133894099.4, 12917986321537.6, 17018509392770.5, 21522445082534.5, 24235633139637.8, 26051103396799.3, 28079459137400 ] }, "credit_cards_volume": { "name": "credit_cards_volume", "label": "Credit card payments, number of transactions", "unit": "count", "group": "Cards", "color": "#878D99", "data": [ 785673411, 1087132461, 1405159681, 1762589623, 2177284002, 1764106465, 2239882319, 2914524487, 3561015288, 4774075976, 6023763909 ] }, "credit_cards_value": { "name": "credit_cards_value", "label": "Credit card payments, value", "unit": "inr_amount", "group": "Cards", "color": "#878D99", "data": [ 2406615144000, 3283817596000, 4589645980000, 6034133355000, 7308937696105.2, 6304136525375.68, 9716376827742.61, 14322552403158.2, 18311340278739.8, 21091967131448.8, 23624709498790 ] }, "debit_cards_volume": { "name": "debit_cards_volume", "label": "Debit card payments, number of transactions", "unit": "count", "group": "Cards", "color": "#878D99", "data": [ 1173614482, 2399303484, 3343392620, 4414281088, 5061070966, 4014553833, 3938410820, 3417947564, 2285963836, 1612038668, 1280211670 ] }, "debit_cards_value": { "name": "debit_cards_value", "label": "Debit card payments, value", "unit": "inr_amount", "group": "Cards", "color": "#878D99", "data": [ 1589267506000, 3299067497000, 4600699966000, 5934746631000, 7039196197994.24, 6613849796161.9, 7302132565027.89, 7199892679376.28, 5924292860898, 4959136265350.49, 4454749638610 ] }, "ppi_volume": { "name": "ppi_volume", "label": "Prepaid payment instruments (wallets and prepaid cards), all, number of transactions", "unit": "count", "group": "Prepaid instruments", "color": "#878D99", "data": [ 748017370, 1963655274, 3459046105, 4607228739, 5394098344, 4936566587, 6578275047, 7466744610, 7877539707, 7025408190, 9869946588 ] }, "ppi_value": { "name": "ppi_value", "label": "Prepaid payment instruments (wallets and prepaid cards), all, value", "unit": "inr_amount", "group": "Prepaid instruments", "color": "#878D99", "data": [ 487583222000, 838010774000, 1416342098000, 2133233433000, 2148604440791, 1970952740396.56, 2794164216901.1, 2871110724239.22, 2830480537480.4, 2167513672481.91, 2864294851570 ] }, "paper_volume": { "name": "paper_volume", "label": "Paper instruments (cheques and drafts), all, number of transactions", "unit": "count", "group": "Paper", "color": "#878D99", "data": [ 1096369894, 1206691030, 1171314544, 1123760814, 1041418600, 670370483, 699912211, 710928000, 663210099, 609538000, 558783000 ] }, "paper_value": { "name": "paper_value", "label": "Paper instruments (cheques and drafts), all, value", "unit": "inr_amount", "group": "Paper", "color": "#878D99", "data": [ 81860791153000, 80958147560000, 81934928083000, 82460649410000, 78248218331488.9, 56271075524654.1, 66503325654518.3, 71729040300000, 72123325859900, 71133497400000, 71475680400000 ] }, "retail_total_volume": { "name": "retail_total_volume", "label": "Total retail payments (credit transfers, debits, cards, PPIs, paper), number of transactions", "unit": "count", "group": "Totals", "color": "#878D99", "data": [ 6934143220, 10790071743, 15637040533, 24247318991, 34906303308, 44218025763, 72468903292, 114406534133, 164823371391, 222288546220, 281953640257 ] }, "retail_total_value": { "name": "retail_total_value", "label": "Total retail payments (credit transfers, debits, cards, PPIs, paper), value", "unit": "inr_amount", "group": "Totals", "color": "#878D99", "data": [ 177666083521490, 220051646360972, 284593260426613, 362713035868478, 386370281877536, 414857471914144, 523940490127428.94, 659114901842075, 791494608486272, 920257706365705.9, 1048784844331260 ] }, "total_volume": { "name": "total_volume", "label": "Total payments (RTGS and retail), number of transactions", "unit": "count", "group": "Totals", "color": "#878D99", "data": [ 7032485048, 10897928160, 15761473800, 24383921966, 35056964361, 44377217764, 72676742472, 114649095993, 165093387668, 222591000800, 282303619119 ] }, "total_value": { "name": "total_value", "label": "Total payments (RTGS and retail), value", "unit": "inr_amount", "group": "Totals", "color": "#878D99", "data": [ 1002244091305489.9, 1201955407548970, 1451718036011610, 1719594902968480, 1697935031311970, 1470855957121340.2, 1810515654840650, 2158577762481920, 2500361312316600, 2934134529016460, 3322511327113770 ] }, "digital_total_volume": { "name": "digital_total_volume", "label": "Total digital payments (everything but paper), number of transactions", "unit": "count", "group": "Totals", "color": "#878D99", "data": [ 5936115154, 9691237130, 14590159256, 23260161152, 34015545761, 43706847281, 71976830261, 113938167993, 164430177569, 221981462800, 281744836119 ] }, "digital_total_value": { "name": "digital_total_value", "label": "Total digital payments (everything but paper), value", "unit": "inr_amount", "group": "Totals", "color": "#878D99", "data": [ 920383300152489.9, 1120997259988969.9, 1369783107928610, 1637134253558480, 1619686812980480, 1414584881596690, 1744012329186130, 2086848722181920, 2428237986456700, 2863001031616460, 3251035646713770 ] }, "ccil_volume": { "name": "ccil_volume", "label": "CCIL-operated systems (government securities, forex, rupee derivatives), number of transactions", "unit": "count", "group": "Settlement systems", "color": "#878D99", "data": [ 3121501, 3654190, 3496176, 3616531, 3568468, 2797267, 3301134, 4143842, 4304058, 4739670, 5684340 ] }, "ccil_value": { "name": "ccil_value", "label": "CCIL-operated systems (government securities, forex, rupee derivatives), value", "unit": "inr_amount", "group": "Settlement systems", "color": "#878D99", "data": [ 807370419480000, 1056173361184000, 1074802022604000, 1165510381800000, 1341501916810000, 1619431408360000, 2068731116470000, 2587973355790850, 2592068933403630, 2962180304519490, 3670146016587450 ] } } }