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UPI Top 50 Banks in January 2024, Check Ranking Here


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Welcome to UPI Top 50 Banks in January 2024! In this ranking, we will unveil the top-performing banks based on their performance and popularity in the month of January. Whether you’re curious about the leading banks in terms of customer satisfaction, technological advancements, or overall financial performance, this list will provide you with valuable insights. So, sit back, relax, and get ready to discover the top 50 banks that have made their mark in the banking industry in January 2024. Whether you’re a banking enthusiast, a potential customer, or simply interested in the latest trends, this ranking will give you a comprehensive overview of the best banks to watch out for. Let’s dive into the exciting world of banking and explore the top 50 banks in January 2024!

UPI Remitter Banks (Jan-2024)

UPI Remitter Banks (Jan-2024)Total Volume (In Mn)
State Bank Of India3128.97
HDFC BANK LTD1040.25
Bank of Baroda781.72
Union Bank of India753.66
Punjab National Bank618.95
Kotak Mahindra Bank600.83
Canara Bank572.16
Axis Bank Ltd.559.49
ICICI Bank547.55
Paytm Payments Bank410.06
Bank of India389.29
Indian Bank348.89
Airtel Payments Bank337.05
India Post Payment Bank265.13
Federal Bank185.90
Central Bank Of India178.41
Indian Overseas Bank165.09
UCO Bank152.41
IDBI Bank Limited141.57
Bank of Maharashtra136.29
INDUSIND BANK125.63
Fino Payments Bank Limited FIP115.14
Karnataka Bank97.36
Yes Bank Ltd93.47
IDFC FIRST Bank73.92
Karur Vysya Bank59.56
Bandhan Bank49.22
South Indian Bank48.90
Jammu and Kashmir Bank44.46
Ujjivan Small Finance Bank38.33
AU small Finance Bank37.48
Tri O Tech Solutions Private Limited36.62
City Union Bank35.87
Tamilnad Mercantile Bank32.19
Punjab and Sind Bank30.87
Equitas Bank28.56
Standard Chartered26.21
Andhra Pradesh Grameena Vikas Bank25.95
DBS Bank India Limited24.57
Pragathi Krishna Gramin Bank24.49
Kerala Gramin Bank23.61
Maharashtra Gramin Bank22.84
Saraswat Bank21.62
ESAF Small Finance Bank Ltd.20.91
Rajasthan Marudhara Gramin Bank20.02
Baroda UP Gramin Bank19.44
Citibank19.38
Fincare Small Finance Bank Ltd17.51
RBL Bank15.89
Sarva Haryana Gramin Bank14.96

UPI Beneficiary Banks (Jan-2024)

UPI Beneficiary Banks (Jan-2024)Total Volume (In Mn)
Paytm Payments Bank2851.38
Yes Bank Ltd2105.87
State Bank Of India1306.23
Axis Bank Ltd.1008.43
ICICI Bank647.71
HDFC BANK LTD549.54
Bank of Baroda336.93
Union Bank of India324.67
Federal Bank301.12
Punjab National Bank271.75
Canara Bank268.36
Kotak Mahindra Bank236.42
Indian Bank192.09
Airtel Payments Bank184.67
Bank of India179.80
INDUSIND BANK129.00
India Post Payment Bank113.35
Central Bank Of India85.35
Indian Overseas Bank76.93
UCO Bank73.44
RBL62.06
IDBI Bank Limited62.06
Bank of Maharashtra53.88
Fino Payments Bank Limited FIP45.27
Karnataka Bank41.79
IDFC First Bank38.32
Karur Vysya Bank31.32
South Indian Bank31.07
Bandhan Bank28.56
AU small Finance Bank26.21
Tamilnad Mercantile Bank20.54
Ujjivan Small Finance Bank19.40
City Union Bank18.79
Jammu and Kashmir Bank18.46
Tri O Tech Solutions Private Limited17.98
Kerala Gramin Bank14.38
Punjab and Sind Bank13.75
Pragathi Krishna Gramin Bank13.28
Equitas Bank12.96
Andhra Pradesh Grameena Vikas Bank12.56
ONE MOBIKWIK SYSTEMS LIMITED11.31
Maharashtra Gramin Bank10.74
ESAF Small Finance Bank Ltd.10.37
DBS Bank India Limited10.30
Baroda UP Gramin Bank10.21
CITI10.02
Rajasthan Marudhara Gramin Bank9.82
Jio Payments Bank9.12
Fincare Small Finance Bank Ltd7.98
Andhra Pragathi Grameena Bank7.85

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