UPI Top Bank in March 2025: The NPCI has released the official UPI data for the month of March 2025. Check the top UPI Bank for the month of March 2025. As per the official data, State Bank of India (SB) is the top UPI Remitter Bank in March 2025. SBI processed over 4956 million UPI transactions in March 2025. Yes Bank is the top UPI Beneficiary Bank in March 2025. YES Bank processed over 7,307 million UPI transactions in March 2025.
UPI Remitter Members – Top 50 Members (Mar’25) UPI Remitter Members – Top 50 Members (Mar’25) Sr. No. UPI Remitter Members (Mar-2025) Total Volume (In Mn) Approved % BD % TD% Total Debit Reversal Count (In Mn) Debit Reversal Success % 1 State Bank of India 4,956.07 92.01% 7.09% 0.90% 20.26 86.30% 2 HDFC Bank Ltd. 1,513.14 93.98% 6.00% 0.02% 4.92 97.21% 3 Bank of Baroda 1,270.60 89.47% 10.50% 0.03% 3.86 95.32% 4 Union Bank of India 1,173.28 91.58% 8.36% 0.06% 3.51 89.97% 5 Punjab National Bank 1,043.06 90.22% 9.45% 0.33% 3.83 91.30% 6 Kotak Mahindra Bank 938.60 89.78% 10.19% 0.02% 2.42 0.94% 7 Canara Bank 901.11 91.83% 8.04% 0.13% 2.70 87.81% 8 Axis Bank Ltd. 883.53 93.52% 6.45% 0.03% 2.25 84.45% 9 ICICI Bank Ltd. 730.29 95.15% 4.72% 0.13% 1.83 91.05% 10 Bank Of India 595.31 92.34% 7.08% 0.58% 2.67 73.07% 11 Indian Bank 589.50 91.56% 8.21% 0.23% 1.97 75.66% 12 India Post Payments Bank Limited 570.54 86.13% 13.54% 0.33% 2.31 89.05% 13 Airtel Payments Bank Limited 569.69 84.31% 15.38% 0.31% 2.52 88.84% 14 Indian Overseas Bank 292.32 91.93% 7.67% 0.40% 1.06 91.87% 15 Central Bank of India 266.98 86.15% 13.55% 0.30% 0.94 94.79% 16 Federal Bank Ltd. 256.34 91.49% 8.46% 0.05% 0.57 98.07% 17 UCO Bank 254.76 89.86% 10.05% 0.09% 0.96 89.31% 18 Fino Payments Bank Ltd. 214.85 87.62% 12.18% 0.21% 1.20 72.33% 19 Bank of Maharashtra 208.61 92.52% 7.31% 0.17% 0.81 69.23% 20 Indusind Bank Ltd. 203.78 87.95% 12.02% 0.03% 0.74 81.22% 21 IDBI Bank Ltd. 200.78 92.76% 7.23% 0.01% 0.60 95.10% 22 Yes Bank Ltd. 167.37 88.24% 11.65% 0.11% 0.46 69.33% 23 Karnataka Bank 144.19 90.64% 8.75% 0.61% 0.70 59.68% 24 IDFC Bank Ltd. 112.68 91.20% 8.80% 0.00% 0.29 91.84% 25 Karur Vysya Bank 90.86 91.97% 7.76% 0.27% 0.27 82.68% 26 Tri O Tech Solutions Private Limited 89.61 100.00% 0.00% 0.00% – 0.00% 27 The Jammu & Kashmir Bank Limited 88.86 92.45% 6.41% 1.14% 0.99 32.27% 28 Bandhan Bank limited 82.99 92.36% 5.16% 2.48% 0.79 67.08% 29 AU Small Finance Bank 75.73 87.32% 12.67% 0.00% 0.29 83.57% 30 The South Indian Bank Limited 70.22 93.88% 6.04% 0.08% 0.17 90.63% 31 Punjab and Sind Bank 55.66 89.85% 9.52% 0.63% 0.35 71.58% 32 City Union Bank 54.12 90.75% 9.13% 0.12% 0.12 97.17% 33 Ujjivan Small Finance Bank Limited 53.09 93.11% 6.29% 0.60% 0.25 69.05% 34 Tamilnad Mercantile Bank Limited 51.92 91.34% 8.14% 0.52% 0.19 63.01% 35 JIO Payments Bank Ltd 48.73 78.72% 14.05% 7.23% 0.83 48.37% 36 Kerala Gramin Bank 43.54 91.33% 7.35% 1.32% 0.34 62.35% 37 Baroda U.P. Bank 43.22 90.27% 7.22% 2.51% 0.38 44.46% 38 Telangana Grameena Bank 37.03 83.67% 12.91% 3.42% 0.45 40.45% 39 Karnataka Gramin Bank 36.00 88.58% 10.27% 1.16% 0.27 82.93% 40 Maharashtra Gramin Bank 35.59 86.14% 12.37% 1.50% 0.17 60.21% 41 RBL Bank Ltd. 34.99 92.49% 6.98% 0.53% 0.12 66.84% 42 NSDL Payments Bank Limited 34.89 69.20% 19.22% 11.58% 1.07 16.58% 43 Rajasthan Marudhara Gramin Bank 34.54 80.78% 17.51% 1.71% 0.32 60.34% 44 DBS Bank India Limited 32.09 91.95% 8.04% 0.01% 0.09 94.35% 45 ESAF Small Finance Bank Ltd 31.85 91.50% 4.25% 4.26% 0.36 51.60% 46 Equitas Small Finance Bank 31.50 90.20% 9.43% 0.37% 0.10 89.49% 47 Saraswat Co-operative Bank 29.58 93.49% 6.01% 0.50% 0.10 66.23% 48 Andhra Pragathi Grameena Bank 28.26 83.93% 12.16% 3.91% 0.59 82.53% 49 Standard Chartered Bank 27.87 95.83% 4.14% 0.03% 0.06 91.92% 50 Sarva Haryana Gramin Bank 23.93 93.63% 4.59% 1.77% 0.21 51.59%
UPI Beneficiary Members – Top 50 Members (Mar’25) UPI Beneficiary Members – Top 50 Members (Mar’25) Sr.No. UPI Beneficiary Members (Mar-2025) Total Volume (In Mn) Approved % BD% TD% Deemed Approved % 1 Yes Bank Ltd. 7,307.36 99.98% 0.01% 0.01% 0.00% 2 Axis Bank Ltd. 1,899.35 99.70% 0.17% 0.14% 0.09% 3 State Bank of India 1,859.07 99.14% 0.10% 0.75% 0.16% 4 HDFC Bank Ltd. 876.97 99.25% 0.70% 0.05% 0.06% 5 ICICI Bank Ltd. 611.58 99.67% 0.24% 0.09% 0.02% 6 Bank of Baroda 492.70 99.88% 0.07% 0.05% 0.06% 7 Union Bank of India 458.94 99.86% 0.10% 0.04% 0.04% 8 Canara Bank 440.10 99.68% 0.20% 0.12% 0.04% 9 Airtel Payments Bank Limited 419.54 98.88% 0.91% 0.21% 0.08% 10 Punjab National Bank 419.12 99.43% 0.29% 0.27% 0.22% 11 Federal Bank Ltd. 407.79 99.75% 0.17% 0.08% 0.00% 12 Kotak Mahindra Bank 354.55 98.89% 1.09% 0.02% 0.02% 13 Indian Bank 272.99 99.47% 0.33% 0.20% 0.09% 14 Bank Of India 256.53 98.53% 1.02% 0.46% 0.14% 15 India Post Payments Bank Limited 248.71 98.59% 1.06% 0.35% 0.16% 16 Indusind Bank Ltd. 176.00 99.60% 0.30% 0.11% 0.05% 17 Indian Overseas Bank 144.84 99.28% 0.48% 0.25% 0.21% 18 Central Bank of India 123.40 99.30% 0.55% 0.15% 0.09% 19 Fino Payments Bank Ltd. 109.36 96.01% 3.81% 0.18% 0.11% 20 UCO Bank 109.28 99.34% 0.54% 0.12% 0.03% 21 IDBI Bank Ltd. 98.38 99.70% 0.25% 0.04% 0.01% 22 Bank of Maharashtra 93.68 99.47% 0.28% 0.25% 0.10% 23 RBL Bank Ltd. 85.36 99.33% 0.09% 0.58% 0.29% 24 Karnataka Bank 69.07 99.14% 0.30% 0.56% 0.17% 25 One Mobikwik Systems Limited 51.92 99.95% 0.00% 0.04% 0.00% 26 The Jammu & Kashmir Bank Limited 51.57 99.01% 0.43% 0.55% 0.61% 27 Bandhan Bank limited 48.45 97.22% 0.33% 2.45% 0.39% 28 IDFC Bank Ltd. 45.90 98.91% 1.05% 0.05% 0.02% 29 Karur Vysya Bank 44.17 99.46% 0.28% 0.26% 0.04% 30 Tri O Tech Solutions Private Limited 43.48 97.67% 2.31% 0.02% 0.02% 31 The South Indian Bank Limited 43.07 99.78% 0.13% 0.09% 0.02% 32 Unity Small Finance Bank Limited 41.03 99.96% 0.01% 0.03% 0.02% 33 Tamilnad Mercantile Bank Limited 37.74 99.34% 0.12% 0.54% 0.16% 34 AU Small Finance Bank 34.42 99.44% 0.52% 0.04% 0.03% 35 NSDL Payments Bank Limited 32.60 96.45% 0.83% 2.72% 1.20% 36 City Union Bank 30.84 99.27% 0.57% 0.16% 0.01% 37 JIO Payments Bank Ltd 27.71 95.42% 0.82% 3.75% 1.01% 38 Punjab and Sind Bank 26.55 96.87% 2.47% 0.66% 0.19% 39 Ujjivan Small Finance Bank Limited 26.53 99.32% 0.23% 0.45% 0.24% 40 Kerala Gramin Bank 24.70 98.87% 0.16% 0.97% 0.58% 41 Citi Bank 22.11 99.63% 0.31% 0.06% 0.03% 42 Suryoday Small Finance Bank Limited 21.22 97.90% 1.14% 0.95% 0.45% 43 Baroda U.P. Bank 20.99 97.37% 0.25% 2.38% 0.45% 44 Telangana Grameena Bank 16.74 97.58% 0.64% 1.78% 0.58% 45 Karnataka Gramin Bank 16.25 99.26% 0.16% 0.58% 0.54% 46 Maharashtra Gramin Bank 15.36 98.35% 0.18% 1.47% 0.73% 47 Equitas Small Finance Bank 14.84 97.88% 1.66% 0.46% 0.04% 48 ESAF Small Finance Bank Ltd 14.74 96.16% 0.18% 3.66% 0.53% 49 Rajasthan Marudhara Gramin Bank 13.49 94.97% 3.85% 1.18% 0.24% 50 Andhra Pragathi Grameena Bank 13.42 97.61% 0.29% 2.10% 0.16%
