UPI Data October 2024: Rs.16.58 Billion transactions worth Rs.23.5 Trillion done via UPI in Oct, Check Complete Data

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UPI Data October 2024: Rs.16,584 million transactions worth Rs.23,49,821 crore done via UPI in Oct, Check Complete Data

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In October, Unified Payments Interface (UPI) recorded its highest-ever activity since its launch in April 2016, with 16.58 billion transactions amounting to ₹23.5 trillion.

Month	No. of Banks live on UPI	Volume (in Mn)	Value (in Cr.)
Oct-24	632	16,584.97	23,49,821.45
Sep-24	622	15,041.75	20,63,994.71
Aug-24	608	14,963.05	20,60,735.57
Jul-24	605	14,435.55	20,64,292.40
Jun-24	602	13,885.14	20,07,081.16
May-24	598	14,035.84	20,44,937.05
Apr-24	581	13,303.99	19,64,464.52
Mar-24	572	13,440.00	19,78,353.23
Feb-24	560	12,102.67	18,27,869.35
Jan-24	550	12,203.02	18,41,083.97

UPI Top 50 Member Remitter Performance (October 2024)

UPI Remitter Members – Top 50 Members (Oct’24)
Sr. No.	UPI Remitter Members (Oct-2024)	Total Volume (In Mn)	Approved %	BD %	TD%	Total Debit Reversal Count (In Mn)	Debit Reversal Success %
1	State Bank Of India	4,478.41	92.10%	6.29%	1.61%	17.29	97.03%
2	HDFC BANK LTD.	1,409.32	94.74%	5.24%	0.02%	4.26	99.84%
3	Bank of Baroda	1,116.59	92.54%	7.41%	0.06%	3.50	97.90%
4	Union Bank of India	1,043.89	93.16%	6.69%	0.15%	3.77	86.01%
5	Punjab National Bank	955.82	90.92%	8.90%	0.18%	3.29	96.59%
6	Kotak Mahindra Bank	863.59	91.32%	8.58%	0.10%	2.81	87.86%
7	Axis Bank Ltd.	827.97	94.82%	5.13%	0.06%	2.30	95.70%
8	Canara Bank	795.21	92.55%	7.16%	0.29%	3.31	89.26%
9	ICICI Bank Ltd.	709.27	95.76%	4.20%	0.04%	1.91	98.23%
10	Bank of India	538.24	93.54%	5.93%	0.54%	2.50	77.09%
11	Indian Bank	513.28	93.41%	6.42%	0.18%	1.87	87.20%
12	Airtel Payments Bank Limited	500.76	89.46%	10.35%	0.19%	2.20	97.31%
13	India Post Payments Bank Limited	434.48	87.51%	11.24%	1.25%	1.84	81.21%
14	Indian Overseas Bank	244.05	91.68%	6.13%	2.19%	1.74	87.54%
15	Central Bank Of India	241.37	86.85%	12.22%	0.92%	1.10	84.13%
16	Federal Bank Ltd.	238.16	92.59%	7.10%	0.31%	0.69	97.63%
17	UCO Bank	220.30	92.16%	7.68%	0.16%	0.85	90.84%
18	Bank of Maharashtra	187.72	92.94%	6.64%	0.42%	0.76	76.93%
19	IDBI Bank Ltd.	186.35	93.67%	6.15%	0.18%	0.71	92.38%
20	INDUSIND BANK Ltd.	184.41	90.46%	9.32%	0.22%	0.77	90.97%
21	Fino Payments Bank Ltd.	173.06	92.76%	7.17%	0.07%	0.79	94.78%
22	Yes Bank Ltd.	165.55	85.65%	14.14%	0.21%	0.54	69.34%
23	Karnataka Bank	126.09	92.63%	6.87%	0.50%	0.48	84.10%
24	IDFC Bank Ltd.	99.72	92.41%	7.14%	0.44%	0.71	42.29%
25	Karur Vysya Bank	79.62	92.99%	6.72%	0.29%	0.31	93.92%
26	The Jammu & Kashmir Bank Limited	78.02	89.55%	5.02%	5.43%	1.82	13.78%
27	AU small Finance Bank	76.76	90.05%	9.88%	0.07%	0.29	94.71%
28	Bandhan Bank Limited	74.83	93.87%	5.29%	0.84%	0.34	94.37%
29	Tri O Tech Solutions Private Limited	69.79	100.00%	0.00%	0.00%	#N/A	#N/A
30	The South Indian Bank Limited	64.32	94.61%	5.25%	0.14%	0.18	98.72%
31	Ujjivan Small Finance Bank Limited	48.67	94.65%	4.98%	0.37%	0.19	86.84%
32	Punjab and Sind Bank	47.91	91.97%	7.83%	0.20%	0.22	92.65%
33	City Union Bank	47.69	93.04%	6.83%	0.14%	0.13	99.75%
34	Tamilnad Mercantile Bank Limited	44.76	92.22%	7.41%	0.38%	0.16	77.33%
35	Kerala Gramin Bank	38.22	92.47%	6.68%	0.85%	0.23	86.93%
36	Equitas Small Finance Bank	34.50	92.52%	7.45%	0.03%	0.12	97.83%
37	Andhra Pradesh Grameena Vikas Bank	32.92	85.99%	12.62%	1.39%	0.04	0.00%
38	Baroda UP Gramin Bank	31.14	92.41%	6.10%	1.48%	0.00	0.00%
39	Karnataka Gramin Bank	30.87	89.60%	8.27%	2.13%	0.36	79.23%
40	DBS Bank India Limited	30.17	92.60%	7.25%	0.15%	0.11	87.46%
41	Maharashtra Gramin Bank	29.85	85.61%	12.12%	2.27%	0.18	53.89%
42	Rajasthan Marudhara Gramin Bank	29.28	84.14%	10.95%	4.91%	0.37	26.64%
43	Saraswat Co-operative Bank	28.50	94.07%	5.72%	0.21%	0.10	88.12%
44	Jio Payments Bank Ltd	28.23	88.59%	10.18%	1.23%	0.26	99.35%
45	Standard Chartered Bank	27.97	95.45%	3.31%	1.24%	0.17	53.65%
46	ESAF Small Finance Bank Ltd	27.91	95.35%	4.55%	0.10%	0.10	96.78%
47	NSDL Payments Bank Limited	24.07	84.64%	11.55%	3.81%	0.37	3.94%
48	RBL Bank Ltd.	23.06	92.36%	7.33%	0.31%	0.10	76.65%
49	Andhra Pragathi Grameena Bank	21.92	78.27%	10.39%	11.34%	0.64	36.42%
50	Sarva Haryana Gramin Bank	21.22	93.23%	6.41%	0.36%	0.09	87.26%

UPI Top 50 Member Beneficiary Performance (October 2024)

Sr.No.	UPI Beneficiary Members (Oct-2024)	Total Volume (In Mn)	Approved %	BD%	TD%	Deemed Approved %
1	Yes Bank Ltd	6,665.20	99.99%	0.01%	0.00%	0.00%
2	State Bank Of India	1,667.62	99.11%	0.12%	0.77%	0.37%
3	Axis Bank Ltd.	1,647.89	99.86%	0.06%	0.07%	0.01%
4	HDFC BANK LTD	814.86	98.94%	1.04%	0.02%	0.01%
5	ICICI Bank	637.79	99.48%	0.49%	0.03%	0.02%
6	Bank of Baroda	472.15	99.90%	0.06%	0.03%	0.06%
7	Canara Bank	449.55	99.26%	0.56%	0.18%	0.13%
8	Union Bank of India	420.82	99.81%	0.10%	0.09%	0.05%
9	Federal Bank	418.03	99.75%	0.20%	0.04%	0.00%
10	Punjab National Bank	386.00	99.68%	0.28%	0.05%	0.14%
11	Airtel Payments Bank	328.27	99.64%	0.29%	0.07%	0.07%
12	Kotak Mahindra Bank	322.09	98.62%	1.35%	0.03%	0.04%
13	Bank of India	235.92	98.61%	0.85%	0.54%	0.16%
14	Indian Bank	234.79	99.05%	0.80%	0.15%	0.04%
15	India Post Payment Bank	191.03	99.46%	0.25%	0.29%	0.05%
16	Indusind Bank Ltd.	175.04	99.21%	0.64%	0.15%	0.04%
17	Indian Overseas Bank	122.14	98.17%	0.47%	1.36%	0.77%
18	Central Bank Of India	116.32	98.07%	1.42%	0.51%	0.28%
19	Fino Payments Bank Limited FIP	102.43	96.33%	3.56%	0.11%	0.03%
20	UCO Bank	99.30	99.41%	0.47%	0.12%	0.02%
21	Bank of Maharashtra	81.90	99.18%	0.25%	0.57%	0.18%
22	IDBI Bank Limited	79.09	99.62%	0.27%	0.11%	0.05%
23	RBL Bank Limited	59.70	99.59%	0.27%	0.14%	0.11%
24	Karnataka Bank	58.52	98.87%	0.62%	0.51%	0.05%
25	One Mobikwik Systems Pvt – Ltd	51.06	99.96%	0.03%	0.02%	0.00%
26	Bandhan Bank	43.86	98.76%	0.23%	1.01%	0.06%
27	IDFC First Bank Ltd	43.61	98.88%	1.09%	0.03%	0.01%
28	Jammu and Kashmir Bank	41.43	98.42%	0.17%	1.41%	1.19%
29	South Indian Bank	40.76	99.32%	0.63%	0.05%	0.01%
30	Karur Vysya Bank	39.62	98.98%	0.81%	0.21%	0.04%
31	AU small Finance Bank	38.49	99.24%	0.70%	0.06%	0.03%
32	Tri O Tech Solutions Private Limited	33.06	95.65%	4.35%	0.00%	0.00%
33	Tamilnad Mercantile Bank	30.48	99.62%	0.08%	0.29%	0.05%
34	City Union Bank	26.07	98.95%	0.92%	0.12%	0.00%
35	Ujjivan Small Finance Bank	25.03	99.52%	0.21%	0.27%	0.17%
36	Punjab and Sind Bank	22.43	99.12%	0.71%	0.18%	0.03%
37	Jio Payments Bank	20.89	99.23%	0.42%	0.34%	0.17%
38	Kerala Gramin Bank	20.67	98.60%	0.93%	0.47%	0.31%
39	CITI Bank	18.98	99.39%	0.55%	0.05%	0.02%
40	Baroda UP Gramin Bank	15.99	98.78%	0.26%	0.96%	0.34%
41	Andhra Pradesh Grameena Vikas Bank	15.15	98.99%	0.57%	0.44%	0.13%
42	Pragathi Krishna Gramin Bank	14.38	97.87%	1.05%	1.08%	0.76%
43	Equitas Bank	14.34	98.67%	1.18%	0.15%	0.01%
44	Maharashtra Gramin Bank	13.65	98.11%	0.16%	1.74%	0.50%
45	ESAF Small Finance Bank Ltd.	13.14	99.06%	0.83%	0.11%	0.02%
46	NSDL Payments Bank	12.62	97.33%	1.05%	1.62%	0.64%
47	Rajasthan Marudhara Gramin Bank	12.62	96.18%	0.48%	3.34%	0.57%
48	DBS Bank India Limited	11.70	98.41%	1.32%	0.27%	0.05%
49	Andhra Pragathi Grameena Bank	10.42	92.29%	0.83%	6.88%	0.08%
50	Sarva Haryana Gramin Bank	9.23	99.32%	0.34%	0.34%	0.04%