{"format":"india-by-the-numbers.series.v1","id":"payments/circulation","name":"Credit cards","hub":"Payments","topic":"Credit cards","moduleIds":["circulation","payments","online"],"url":"https://data.indiadispatch.com/payments/credit-cards","period":"September 2026","periodKey":"2026-09","latest":{"formattedValue":"125.32 million","change":"+1.06% since August 2026","supportingFigures":"Credit-card payments totalled ₹2.04 trillion · $21.6 billion in September 2026. Cards outstanding measure cards in circulation, not unique people. Payment value: ₹2.04 trillion · $21.6 billion.","inr":2039377853000,"inrLabel":"Payment value","usd":21585286335.73243},"source":{"name":"Reserve Bank of India","url":"https://www.rbi.org.in/Scripts/ATMView.aspx?atmid=187"},"numericValue":125315381,"unit":"cards","measure":"credit_cards","readingLabel":"Credit cards outstanding","readingValue":"125.32 million cards","comparison":{"status":"compared","method":"percent-change","value":1.0576648612709016,"unit":"percent","measure":"credit_cards","observationPeriod":"2026-09","comparatorPeriod":"2026-08","text":"+1.06% since August 2026"},"currencyValuation":{"basis":"converted-from-INR","reference":{"rate":94.48,"date":"2026-11-05","provider":"ECB reference via Frankfurter","sourceUrl":"https://api.frankfurter.dev/v1/latest?base=USD&symbols=INR"},"historicalRate":false},"cadence":"Monthly","version":"b8d8d58a4e46d2142b21b6c129bdf1b0b7b73c6c4412cce3d268915f10706c00","dateModified":"2026-11-05T17:40:31.930Z","coverage":"2023-08/2026-09","notes":["+1.1% compared with August 2026.","+5.6% compared with March 2026.","+10.4% compared with September 2025.","Comparisons above refer to cards outstanding. Payment transactions and payment value exclude cash withdrawals.","One person may hold several cards. A bank’s card count is not its share of card spending.","The table retains the source’s published periods. Missing observations are not zero and have not been interpolated.","Dollar equivalents use the site’s reference rate of $1 = ₹94.48 on 5 November 2026, not historical exchange rates."],"license":{"name":"Creative Commons Attribution 4.0 International","url":"https://creativecommons.org/licenses/by/4.0/","scope":"India Dispatch's original compiled tables and editorial text"},"sourceRights":"Underlying source publishers retain their own rights. This license does not grant rights to publisher documents, branding or other third-party material.","attribution":"India by the numbers, Credit cards, September 2026, https://data.indiadispatch.com/payments/credit-cards. Source: Reserve Bank of India.","valueRepresentation":"Table cells are the publication's formatted observations, with units retained. Missing observations are not zero. Numeric latest amounts, where present, are separately labelled INR and USD.","tables":[{"title":"Monthly cards and payments","columns":["Month","Cards","Payment transactions","Payment value","Online payment-value share"],"rows":[{"id":"2023-08","cells":["August 2023","91.28 million","290.58 million","₹1.49 trillion · $15.7 billion","64.36%"]},{"id":"2023-09","cells":["September 2023","93.02 million","273.94 million","₹1.42 trillion · $15.1 billion","65.26%"]},{"id":"2023-10","cells":["October 2023","94.71 million","320.05 million","₹1.79 trillion · $18.9 billion","67.65%"]},{"id":"2023-11","cells":["November 2023","96 million","297.09 million","₹1.61 trillion · $17 billion","63.26%"]},{"id":"2023-12","cells":["December 2023","97.9 million","321.5 million","₹1.65 trillion · $17.5 billion","64.69%"]},{"id":"2024-01","cells":["January 2024","99.5 million","328.95 million","₹1.66 trillion · $17.6 billion","64.83%"]},{"id":"2024-02","cells":["February 2024","100.6 million","311.24 million","₹1.49 trillion · $15.8 billion","63.52%"]},{"id":"2024-03","cells":["March 2024","101.8 million","343.94 million","₹1.64 trillion · $17.4 billion","63.29%"]},{"id":"2024-04","cells":["April 2024","102.54 million","344.15 million","₹1.56 trillion · $16.6 billion","60.39%"]},{"id":"2024-05","cells":["May 2024","103.3 million","360.14 million","₹1.65 trillion · $17.5 billion","61.3%"]},{"id":"2024-06","cells":["June 2024","103.81 million","357.95 million","₹1.59 trillion · $16.8 billion","62.59%"]},{"id":"2024-07","cells":["July 2024","104.57 million","383.78 million","₹1.73 trillion · $18.3 billion","63.93%"]},{"id":"2024-08","cells":["August 2024","105.42 million","390.05 million","₹1.68 trillion · $17.8 billion","62.51%"]},{"id":"2024-09","cells":["September 2024","106.1 million","392.16 million","₹1.76 trillion · $18.6 billion","65.46%"]},{"id":"2024-10","cells":["October 2024","106.89 million","433.21 million","₹2.02 trillion · $21.4 billion","60.7%"]},{"id":"2024-11","cells":["November 2024","107.24 million","393.6 million","₹1.69 trillion · $17.9 billion","59.69%"]},{"id":"2024-12","cells":["December 2024","108.06 million","432.85 million","₹1.88 trillion · $19.9 billion","61.13%"]},{"id":"2025-01","cells":["January 2025","108.87 million","430.57 million","₹1.84 trillion · $19.5 billion","62.29%"]},{"id":"2025-02","cells":["February 2025","109.32 million","396.96 million","₹1.67 trillion · $17.7 billion","62.84%"]},{"id":"2025-03","cells":["March 2025","109.88 million","458.65 million","₹2.01 trillion · $21.3 billion","64.52%"]},{"id":"2025-04","cells":["April 2025","110.44 million","450.27 million","₹1.84 trillion · $19.5 billion","63.14%"]},{"id":"2025-05","cells":["May 2025","111.05 million","467.69 million","₹1.9 trillion · $20.1 billion","63.32%"]},{"id":"2025-06","cells":["June 2025","110.97 million","458.71 million","₹1.83 trillion · $19.4 billion","63.14%"]},{"id":"2025-07","cells":["July 2025","111.81 million","486.18 million","₹1.94 trillion · $20.5 billion","63.68%"]},{"id":"2025-08","cells":["August 2025","112.5 million","493.58 million","₹1.91 trillion · $20.2 billion","61.92%"]},{"id":"2025-09","cells":["September 2025","113.51 million","495.24 million","₹2.17 trillion · $22.9 billion","66.5%"]},{"id":"2025-10","cells":["October 2025","114.13 million","518.29 million","₹2.14 trillion · $22.7 billion","58.73%"]},{"id":"2025-11","cells":["November 2025","115 million","502.98 million","₹1.89 trillion · $20 billion","59.9%"]},{"id":"2025-12","cells":["December 2025","115.79 million","539.83 million","₹2.05 trillion · $21.7 billion","61.63%"]},{"id":"2026-01","cells":["January 2026","116.65 million","539.71 million","₹1.99 trillion · $21.1 billion","61.79%"]},{"id":"2026-02","cells":["February 2026","117.7 million","493.8 million","₹1.77 trillion · $18.8 billion","61.92%"]},{"id":"2026-03","cells":["March 2026","118.63 million","577.48 million","₹2.19 trillion · $23.2 billion","64.21%"]},{"id":"2026-04","cells":["April 2026","119.46 million","559.53 million","₹1.97 trillion · $20.9 billion","62.53%"]},{"id":"2026-05","cells":["May 2026","120.45 million","595.5 million","₹2.03 trillion · $21.5 billion","62.24%"]},{"id":"2026-06","cells":["June 2026","121.59 million","581.26 million","₹2.01 trillion · $21.3 billion","63.07%"]},{"id":"2026-07","cells":["July 2026","122.86 million","605.27 million","₹2.08 trillion · $22 billion","63.57%"]},{"id":"2026-08","cells":["August 2026","124 million","632.45 million","₹2.02 trillion · $21.4 billion","60.75%"]},{"id":"2026-09","cells":["September 2026","125.32 million","610.08 million","₹2.04 trillion · $21.6 billion","61.82%"]}]},{"title":"Cards by bank in September 2026","columns":["Bank","Cards"],"rows":[{"id":"hdfcbank","cells":["HDFC Bank","27.38 million"]},{"id":"statebankofindia","cells":["State Bank of India","23.17 million"]},{"id":"icicibank","cells":["ICICI Bank","19.86 million"]},{"id":"axisbank","cells":["Axis Bank","16.55 million"]},{"id":"idfcfirstbank","cells":["IDFC First Bank","5.01 million"]},{"id":"kotakmahindrabank","cells":["Kotak Mahindra Bank","4.89 million"]},{"id":"rblbank","cells":["RBL Bank","4.72 million"]},{"id":"bankofbaroda","cells":["Bank of Baroda","3.49 million"]},{"id":"yesbank","cells":["Yes Bank","3.12 million"]},{"id":"indusindbank","cells":["IndusInd Bank","2.97 million"]},{"id":"federalbank","cells":["Federal Bank","2.82 million"]},{"id":"canarabank","cells":["Canara Bank","1.31 million"]},{"id":"americanexpressbankingcorporation","cells":["American Express Banking Corporation","1.29 million"]},{"id":"ausmallfinancebank","cells":["AU Small Finance Bank","1.17 million"]},{"id":"punjabnationalbank","cells":["Punjab National Bank","1.09 million"]},{"id":"hsbc","cells":["HSBC","1.02 million"]},{"id":"sbmbankindia","cells":["SBM Bank India","736,170"]},{"id":"slicesmallfinancebank","cells":["Slice Small Finance Bank","596,951"]},{"id":"standardcharteredbank","cells":["Standard Chartered Bank","540,916"]},{"id":"unionbankofindia","cells":["Union Bank of India","504,514"]},{"id":"unitysmallfinancebank","cells":["Unity Small Finance Bank","459,171"]},{"id":"utkarshsmallfinancebank","cells":["Utkarsh Small Finance Bank","373,237"]},{"id":"southindianbank","cells":["South Indian Bank","325,421"]},{"id":"citibank","cells":["Citibank","283,748"]},{"id":"dbsindiabank","cells":["DBS Bank India","277,882"]},{"id":"indianbank","cells":["Indian Bank","272,101"]},{"id":"indianoverseasbank","cells":["Indian Overseas Bank","211,113"]},{"id":"csbbank","cells":["CSB Bank","187,644"]},{"id":"jammuandkashmirbank","cells":["Jammu and Kashmir Bank","182,035"]},{"id":"bankofindia","cells":["Bank of India","165,284"]},{"id":"cityunionbank","cells":["City Union Bank","64,768"]},{"id":"suryodaysmallfinancebank","cells":["Suryoday Small Finance Bank","60,647"]},{"id":"idbibank","cells":["IDBI Bank","53,016"]},{"id":"dcbbank","cells":["DCB Bank","45,750"]},{"id":"bandhanbank","cells":["Bandhan Bank","31,416"]},{"id":"equitassmallfinancebank","cells":["Equitas Small Finance Bank","30,642"]},{"id":"tamilnadmercantilebank","cells":["Tamilnad Mercantile Bank","18,621"]},{"id":"dhanalaxmibank","cells":["Dhanalaxmi Bank","13,203"]},{"id":"karurvysyabank","cells":["Karur Vysya Bank","8,547"]},{"id":"esafsmallfinancebank","cells":["ESAF Small Finance Bank","7,799"]},{"id":"bankofmaharashtra","cells":["Bank of Maharashtra","0"]},{"id":"centralbankofindia","cells":["Central Bank of India","0"]},{"id":"punjabandsindbank","cells":["Punjab and Sind Bank","0"]},{"id":"ucobank","cells":["UCO Bank","0"]},{"id":"karnatakabank","cells":["Karnataka Bank","0"]},{"id":"nainitalbank","cells":["Nainital Bank","0"]},{"id":"bankofamerica","cells":["Bank of America","0"]},{"id":"bankofbahrainkuwaitbsc","cells":["Bank of Bahrain & Kuwait B.S.C.","0"]},{"id":"barclaysbankplc","cells":["Barclays Bank Plc","0"]},{"id":"deutschebank","cells":["Deutsche Bank","0"]},{"id":"dohabankqpsc","cells":["Doha Bank Q.P.S.C.","0"]},{"id":"kebhanabank","cells":["KEB Hana Bank","0"]},{"id":"kookminbank","cells":["Kookmin Bank","0"]},{"id":"wooribank","cells":["Woori Bank","0"]},{"id":"airtelpaymentsbank","cells":["Airtel Payments Bank","0"]},{"id":"finopaymentsbank","cells":["Fino Payments Bank","0"]},{"id":"indiapostpaymentsbank","cells":["India Post Payments Bank","0"]},{"id":"jiopaymentsbank","cells":["Jio Payments Bank","0"]},{"id":"nsdlpaymentsbank","cells":["NSDL Payments Bank","0"]},{"id":"capitalsmallfinancebank","cells":["Capital Small Finance Bank","0"]},{"id":"janasmallfinancebank","cells":["Jana Small Finance Bank","0"]},{"id":"shivaliksmallfinancebank","cells":["Shivalik Small Finance Bank","0"]},{"id":"ujjivansmallfinancebank","cells":["Ujjivan Small Finance Bank","0"]}]},{"title":"Credit-card payments","temporalCoverage":"2023-08/2026-09","columns":["Period","Credit payment volume","Credit-card payment value"],"rows":[{"id":"2023-08","cells":["August 2023","290.58 million","₹1.49 trillion · $15.7 billion"]},{"id":"2023-09","cells":["September 2023","273.94 million","₹1.42 trillion · $15.1 billion"]},{"id":"2023-10","cells":["October 2023","320.05 million","₹1.79 trillion · $18.9 billion"]},{"id":"2023-11","cells":["November 2023","297.09 million","₹1.61 trillion · $17 billion"]},{"id":"2023-12","cells":["December 2023","321.5 million","₹1.65 trillion · $17.5 billion"]},{"id":"2024-01","cells":["January 2024","328.95 million","₹1.66 trillion · $17.6 billion"]},{"id":"2024-02","cells":["February 2024","311.24 million","₹1.49 trillion · $15.8 billion"]},{"id":"2024-03","cells":["March 2024","343.94 million","₹1.64 trillion · $17.4 billion"]},{"id":"2024-04","cells":["April 2024","344.15 million","₹1.56 trillion · $16.6 billion"]},{"id":"2024-05","cells":["May 2024","360.14 million","₹1.65 trillion · $17.5 billion"]},{"id":"2024-06","cells":["June 2024","357.95 million","₹1.59 trillion · $16.8 billion"]},{"id":"2024-07","cells":["July 2024","383.78 million","₹1.73 trillion · $18.3 billion"]},{"id":"2024-08","cells":["August 2024","390.05 million","₹1.68 trillion · $17.8 billion"]},{"id":"2024-09","cells":["September 2024","392.16 million","₹1.76 trillion · $18.6 billion"]},{"id":"2024-10","cells":["October 2024","433.21 million","₹2.02 trillion · $21.4 billion"]},{"id":"2024-11","cells":["November 2024","393.6 million","₹1.69 trillion · $17.9 billion"]},{"id":"2024-12","cells":["December 2024","432.85 million","₹1.88 trillion · $19.9 billion"]},{"id":"2025-01","cells":["January 2025","430.57 million","₹1.84 trillion · $19.5 billion"]},{"id":"2025-02","cells":["February 2025","396.96 million","₹1.67 trillion · $17.7 billion"]},{"id":"2025-03","cells":["March 2025","458.65 million","₹2.01 trillion · $21.3 billion"]},{"id":"2025-04","cells":["April 2025","450.27 million","₹1.84 trillion · $19.5 billion"]},{"id":"2025-05","cells":["May 2025","467.69 million","₹1.9 trillion · $20.1 billion"]},{"id":"2025-06","cells":["June 2025","458.71 million","₹1.83 trillion · $19.4 billion"]},{"id":"2025-07","cells":["July 2025","486.18 million","₹1.94 trillion · $20.5 billion"]},{"id":"2025-08","cells":["August 2025","493.58 million","₹1.91 trillion · $20.2 billion"]},{"id":"2025-09","cells":["September 2025","495.24 million","₹2.17 trillion · $22.9 billion"]},{"id":"2025-10","cells":["October 2025","518.29 million","₹2.14 trillion · $22.7 billion"]},{"id":"2025-11","cells":["November 2025","502.98 million","₹1.89 trillion · $20 billion"]},{"id":"2025-12","cells":["December 2025","539.83 million","₹2.05 trillion · $21.7 billion"]},{"id":"2026-01","cells":["January 2026","539.71 million","₹1.99 trillion · $21.1 billion"]},{"id":"2026-02","cells":["February 2026","493.8 million","₹1.77 trillion · $18.8 billion"]},{"id":"2026-03","cells":["March 2026","577.48 million","₹2.19 trillion · $23.2 billion"]},{"id":"2026-04","cells":["April 2026","559.53 million","₹1.97 trillion · $20.9 billion"]},{"id":"2026-05","cells":["May 2026","595.5 million","₹2.03 trillion · $21.5 billion"]},{"id":"2026-06","cells":["June 2026","581.26 million","₹2.01 trillion · $21.3 billion"]},{"id":"2026-07","cells":["July 2026","605.27 million","₹2.08 trillion · $22 billion"]},{"id":"2026-08","cells":["August 2026","632.45 million","₹2.02 trillion · $21.4 billion"]},{"id":"2026-09","cells":["September 2026","610.08 million","₹2.04 trillion · $21.6 billion"]}]},{"title":"Online and point-of-sale credit-card payments","temporalCoverage":"2023-08/2026-09","columns":["Period","Online credit-card payment value","Point-of-sale credit-card payment value","Credit-card payment value"],"rows":[{"id":"2023-08","cells":["August 2023","₹956.41 billion · $10.1 billion","₹529.61 billion · $5.61 billion","₹1.49 trillion · $15.7 billion"]},{"id":"2023-09","cells":["September 2023","₹928.79 billion · $9.83 billion","₹494.4 billion · $5.23 billion","₹1.42 trillion · $15.1 billion"]},{"id":"2023-10","cells":["October 2023","₹1.21 trillion · $12.8 billion","₹577.74 billion · $6.11 billion","₹1.79 trillion · $18.9 billion"]},{"id":"2023-11","cells":["November 2023","₹1.02 trillion · $10.8 billion","₹590.15 billion · $6.25 billion","₹1.61 trillion · $17 billion"]},{"id":"2023-12","cells":["December 2023","₹1.07 trillion · $11.3 billion","₹583 billion · $6.17 billion","₹1.65 trillion · $17.5 billion"]},{"id":"2024-01","cells":["January 2024","₹1.08 trillion · $11.4 billion","₹585.32 billion · $6.2 billion","₹1.66 trillion · $17.6 billion"]},{"id":"2024-02","cells":["February 2024","₹947.74 billion · $10 billion","₹544.31 billion · $5.76 billion","₹1.49 trillion · $15.8 billion"]},{"id":"2024-03","cells":["March 2024","₹1.04 trillion · $11 billion","₹603.78 billion · $6.39 billion","₹1.64 trillion · $17.4 billion"]},{"id":"2024-04","cells":["April 2024","₹945.16 billion · $10 billion","₹619.82 billion · $6.56 billion","₹1.56 trillion · $16.6 billion"]},{"id":"2024-05","cells":["May 2024","₹1.01 trillion · $10.7 billion","₹638.31 billion · $6.76 billion","₹1.65 trillion · $17.5 billion"]},{"id":"2024-06","cells":["June 2024","₹994.04 billion · $10.5 billion","₹594.17 billion · $6.29 billion","₹1.59 trillion · $16.8 billion"]},{"id":"2024-07","cells":["July 2024","₹1.1 trillion · $11.7 billion","₹622.84 billion · $6.59 billion","₹1.73 trillion · $18.3 billion"]},{"id":"2024-08","cells":["August 2024","₹1.05 trillion · $11.1 billion","₹630.48 billion · $6.67 billion","₹1.68 trillion · $17.8 billion"]},{"id":"2024-09","cells":["September 2024","₹1.15 trillion · $12.2 billion","₹608.57 billion · $6.44 billion","₹1.76 trillion · $18.6 billion"]},{"id":"2024-10","cells":["October 2024","₹1.22 trillion · $13 billion","₹792.93 billion · $8.39 billion","₹2.02 trillion · $21.4 billion"]},{"id":"2024-11","cells":["November 2024","₹1.01 trillion · $10.7 billion","₹682.33 billion · $7.22 billion","₹1.69 trillion · $17.9 billion"]},{"id":"2024-12","cells":["December 2024","₹1.15 trillion · $12.2 billion","₹730.48 billion · $7.73 billion","₹1.88 trillion · $19.9 billion"]},{"id":"2025-01","cells":["January 2025","₹1.15 trillion · $12.1 billion","₹694.29 billion · $7.35 billion","₹1.84 trillion · $19.5 billion"]},{"id":"2025-02","cells":["February 2025","₹1.05 trillion · $11.1 billion","₹621.25 billion · $6.58 billion","₹1.67 trillion · $17.7 billion"]},{"id":"2025-03","cells":["March 2025","₹1.3 trillion · $13.8 billion","₹714.73 billion · $7.56 billion","₹2.01 trillion · $21.3 billion"]},{"id":"2025-04","cells":["April 2025","₹1.16 trillion · $12.3 billion","₹678.99 billion · $7.19 billion","₹1.84 trillion · $19.5 billion"]},{"id":"2025-05","cells":["May 2025","₹1.2 trillion · $12.7 billion","₹696.07 billion · $7.37 billion","₹1.9 trillion · $20.1 billion"]},{"id":"2025-06","cells":["June 2025","₹1.16 trillion · $12.2 billion","₹674.68 billion · $7.14 billion","₹1.83 trillion · $19.4 billion"]},{"id":"2025-07","cells":["July 2025","₹1.23 trillion · $13.1 billion","₹703.8 billion · $7.45 billion","₹1.94 trillion · $20.5 billion"]},{"id":"2025-08","cells":["August 2025","₹1.18 trillion · $12.5 billion","₹727.53 billion · $7.7 billion","₹1.91 trillion · $20.2 billion"]},{"id":"2025-09","cells":["September 2025","₹1.44 trillion · $15.3 billion","₹725.44 billion · $7.68 billion","₹2.17 trillion · $22.9 billion"]},{"id":"2025-10","cells":["October 2025","₹1.26 trillion · $13.3 billion","₹883.57 billion · $9.35 billion","₹2.14 trillion · $22.7 billion"]},{"id":"2025-11","cells":["November 2025","₹1.13 trillion · $12 billion","₹756.4 billion · $8.01 billion","₹1.89 trillion · $20 billion"]},{"id":"2025-12","cells":["December 2025","₹1.26 trillion · $13.4 billion","₹784.76 billion · $8.31 billion","₹2.05 trillion · $21.7 billion"]},{"id":"2026-01","cells":["January 2026","₹1.23 trillion · $13 billion","₹759.88 billion · $8.04 billion","₹1.99 trillion · $21.1 billion"]},{"id":"2026-02","cells":["February 2026","₹1.1 trillion · $11.6 billion","₹674.35 billion · $7.14 billion","₹1.77 trillion · $18.8 billion"]},{"id":"2026-03","cells":["March 2026","₹1.41 trillion · $14.9 billion","₹784.7 billion · $8.31 billion","₹2.19 trillion · $23.2 billion"]},{"id":"2026-04","cells":["April 2026","₹1.23 trillion · $13.1 billion","₹738.35 billion · $7.81 billion","₹1.97 trillion · $20.9 billion"]},{"id":"2026-05","cells":["May 2026","₹1.26 trillion · $13.4 billion","₹760.95 billion · $8.05 billion","₹2.03 trillion · $21.5 billion"]},{"id":"2026-06","cells":["June 2026","₹1.27 trillion · $13.4 billion","₹742.62 billion · $7.86 billion","₹2.01 trillion · $21.3 billion"]},{"id":"2026-07","cells":["July 2026","₹1.32 trillion · $14 billion","₹757.4 billion · $8.02 billion","₹2.08 trillion · $22 billion"]},{"id":"2026-08","cells":["August 2026","₹1.23 trillion · $13 billion","₹793.55 billion · $8.4 billion","₹2.02 trillion · $21.4 billion"]},{"id":"2026-09","cells":["September 2026","₹1.26 trillion · $13.3 billion","₹777.51 billion · $8.23 billion","₹2.04 trillion · $21.6 billion"]}]}],"downloads":{"json":"https://data.indiadispatch.com/data/series/payments/credit-cards.json","csv":"https://data.indiadispatch.com/data/series/payments/credit-cards.csv"},"publicationArchive":"https://data.indiadispatch.com/archive/payments/credit-cards"}