Bank reliability
bank approval and decline rates
bank approval and decline rates: 88.6% in August 2026
88.6%
Data through
Sending-bank approval rate for Baroda U.P. Bank.
Terms in this reading
- UPI
- The Unified Payments Interface, India’s shared network for instant payments between bank accounts. Definition and conventions
Notes
The table retains the source’s published periods. Missing observations are not zero and have not been interpolated.
Sending and receiving banks retain their separately reported periods. Business and technical declines are distinct causes.
Publication cadence: Monthly. Missing observations are not zero.
Sending banks
| Name | Transactions | Approved | Business decline | Technical decline |
|---|---|---|---|---|
| Baroda U.P. Bank | 109.67 million | 88.6% | 8.96% | 2.44% |
| Central Bank of India | 478.28 million | 84.06% | 13.6% | 2.34% |
| Punjab and Sind Bank | 76.94 million | 85.18% | 12.88% | 1.95% |
| Maharashtra Gramin Bank | 45.87 million | 84.4% | 14.36% | 1.23% |
| Rajasthan Marudhara Gramin Bank | 78.46 million | 83.38% | 15.44% | 1.18% |
| NSDL Payments Bank Limited | 85.06 million | 75.87% | 22.96% | 1.17% |
| Kerala Gramin Bank | 68.61 million | 91.87% | 7.29% | 0.84% |
| ESAF Small Finance Bank Ltd | 41.09 million | 90.6% | 8.63% | 0.77% |
| Sarva Haryana Gramin Bank | 33.23 million | 87.53% | 11.79% | 0.68% |
| Canara Bank | 1.28 billion | 90.23% | 9.12% | 0.65% |
| Bandhan Bank Limited | 110.42 million | 92.71% | 6.7% | 0.59% |
| Telangana Grameena Bank | 56.38 million | 87.03% | 12.4% | 0.57% |
| Federal Bank Ltd. | 312.6 million | 89.64% | 9.8% | 0.55% |
| Saraswat Co-operative Bank | 36.43 million | 92.75% | 6.78% | 0.47% |
| Tamilnad Mercantile Bank Limited | 72.54 million | 90.91% | 8.73% | 0.36% |
| Fino Payments Bank Ltd. | 303.47 million | 76.37% | 23.28% | 0.35% |
| Indian Bank | 868.94 million | 88.19% | 11.47% | 0.34% |
| IndusInd Bank Ltd. | 275.94 million | 84.64% | 15.02% | 0.34% |
| Jio Payments Bank Ltd | 101.65 million | 78.02% | 21.64% | 0.34% |
| Karnataka Gramin Bank | 67.33 million | 87.91% | 11.86% | 0.23% |
| Ujjivan Small Finance Bank Limited | 70.35 million | 85.77% | 14.02% | 0.21% |
| Equitas Small Finance Bank | 31.34 million | 86.76% | 13.02% | 0.21% |
| Union Bank of India | 1.6 billion | 89.49% | 10.32% | 0.2% |
| Karur Vysya Bank | 117.08 million | 92.19% | 7.61% | 0.2% |
| IDBI Bank Ltd. | 243.24 million | 90.59% | 9.21% | 0.19% |
| The South Indian Bank Limited | 91.45 million | 92.98% | 6.84% | 0.18% |
| Chaitanya Godavari Grameena Bank | 57.58 million | 89.33% | 10.5% | 0.16% |
| DBS Bank India Limited | 33.15 million | 90.28% | 9.56% | 0.16% |
| UCO Bank | 373.51 million | 87.38% | 12.49% | 0.14% |
| Karnataka Bank Ltd. | 171.82 million | 89.3% | 10.56% | 0.14% |
| India Post Payments Bank Limited | 950.23 million | 81.42% | 18.44% | 0.13% |
| Airtel Payments Bank Limited | 804.88 million | 73.3% | 26.58% | 0.12% |
| Bank Of India | 791.93 million | 90.62% | 9.26% | 0.12% |
| Punjab National Bank | 1.54 billion | 88.81% | 11.08% | 0.11% |
| State Bank of India | 6.85 billion | 90.78% | 9.11% | 0.1% |
| Yes Bank Ltd. | 178.17 million | 92.02% | 7.88% | 0.1% |
| The Jammu & Kashmir Bank Limited | 134.16 million | 92.34% | 7.57% | 0.08% |
| AU Small Finance Bank | 104.43 million | 85.48% | 14.44% | 0.08% |
| City Union Bank | 67.95 million | 91.23% | 8.7% | 0.07% |
| Indian Overseas Bank | 483.83 million | 90.29% | 9.65% | 0.06% |
| Bank of Maharashtra | 274.23 million | 90.49% | 9.45% | 0.06% |
| Bank of Baroda | 1.83 billion | 86.18% | 13.79% | 0.04% |
| ICICI Bank Ltd. | 829.39 million | 95.14% | 4.83% | 0.03% |
| IDFC Bank Ltd. | 180.56 million | 92.63% | 7.34% | 0.03% |
| slice Small Finance Bank Limited | 111.85 million | 94.25% | 5.72% | 0.03% |
| Kotak Mahindra Bank | 1.21 billion | 88.72% | 11.26% | 0.02% |
| HDFC Bank Ltd. | 1.79 billion | 93.07% | 6.93% | 0% |
| Axis Bank Ltd. | 1.07 billion | 92.81% | 7.19% | 0% |
| Tri O Tech Solutions Private Limited | 219.49 million | 100% | 0% | 0% |
| One Mobikwik Systems Limited | 30.04 million | 100% | 0% | 0% |
data.indiadispatch.com
Receiving banks
| Name | Transactions | Approved | Business decline | Technical decline |
|---|---|---|---|---|
| Punjab and Sind Bank | 31.99 million | 97.06% | 0.62% | 2.32% |
| Baroda U.P. Bank | 57.07 million | 97.66% | 0.35% | 1.99% |
| Central Bank of India | 198.72 million | 96.83% | 1.38% | 1.79% |
| Dakshin Bihar Gramin Bank (Erstwhile Madhya Bihar Gramin Bank) | 18.79 million | 98.22% | 0.38% | 1.4% |
| Maharashtra Gramin Bank | 19.29 million | 98.71% | 0.24% | 1.05% |
| Canara Bank | 563.76 million | 98.9% | 0.3% | 0.79% |
| Kerala Gramin Bank | 38.99 million | 99.2% | 0.13% | 0.67% |
| NSDL Payments Bank Limited | 122.74 million | 95.82% | 3.54% | 0.64% |
| Karnataka Gramin Bank | 30.27 million | 98.83% | 0.57% | 0.6% |
| Bandhan Bank Limited | 64.04 million | 99.2% | 0.24% | 0.56% |
| Rajasthan Marudhara Gramin Bank | 31.92 million | 98.68% | 0.81% | 0.52% |
| Tamilnad Mercantile Bank Limited | 45.01 million | 98.85% | 0.73% | 0.42% |
| Telangana Grameena Bank | 23.71 million | 99.33% | 0.31% | 0.36% |
| Bank of Maharashtra | 95.17 million | 99.14% | 0.53% | 0.32% |
| Indian Bank | 347.96 million | 99.5% | 0.24% | 0.26% |
| Indian Overseas Bank | 194.77 million | 99.38% | 0.37% | 0.25% |
| Jana Small Finance Bank Ltd | 19.25 million | 99.48% | 0.27% | 0.25% |
| IDBI Bank Ltd. | 90.63 million | 99.25% | 0.52% | 0.22% |
| Karnataka Bank Ltd. | 69.15 million | 99.32% | 0.46% | 0.22% |
| Fino Payments Bank Ltd. | 91.11 million | 93.15% | 6.64% | 0.21% |
| India Post Payments Bank Limited | 418.52 million | 98.71% | 1.09% | 0.19% |
| UCO Bank | 152.16 million | 99.55% | 0.28% | 0.17% |
| Federal Bank Ltd. | 351.12 million | 99.6% | 0.24% | 0.16% |
| Union Bank of India | 586.32 million | 99.69% | 0.16% | 0.15% |
| City Union Bank | 34.65 million | 99.58% | 0.27% | 0.15% |
| One Mobikwik Systems Limited | 73.45 million | 99.85% | 0.01% | 0.14% |
| The South Indian Bank Limited | 56.01 million | 99.67% | 0.2% | 0.13% |
| Ujjivan Small Finance Bank Limited | 31.77 million | 99.61% | 0.26% | 0.13% |
| IndusInd Bank Ltd. | 203.99 million | 99.18% | 0.71% | 0.12% |
| AU Small Finance Bank | 45.29 million | 99.08% | 0.82% | 0.1% |
| Chaitanya Godavari Grameena Bank | 27.85 million | 99.41% | 0.49% | 0.1% |
| Bank Of India | 323.66 million | 98.73% | 1.18% | 0.09% |
| Punjab National Bank | 625.45 million | 99.54% | 0.38% | 0.08% |
| Jio Payments Bank Ltd | 80.27 million | 97.55% | 2.37% | 0.08% |
| Karur Vysya Bank | 51.52 million | 99.73% | 0.19% | 0.08% |
| RBL Bank Ltd. | 55.66 million | 99.82% | 0.11% | 0.07% |
| ICICI Bank Ltd. | 451.18 million | 99.49% | 0.46% | 0.05% |
| The Jammu & Kashmir Bank Limited | 74.32 million | 99.18% | 0.78% | 0.05% |
| slice Small Finance Bank Limited | 55.04 million | 93.77% | 6.18% | 0.05% |
| State Bank of India | 2.44 billion | 99.75% | 0.21% | 0.04% |
| Airtel Payments Bank Limited | 592.8 million | 95.69% | 4.26% | 0.04% |
| Citibank Corporate | 23.61 million | 99.16% | 0.81% | 0.04% |
| Kotak Mahindra Bank | 502.93 million | 99.26% | 0.7% | 0.03% |
| Tri O Tech Solutions Private Limited | 98.19 million | 98.85% | 1.13% | 0.03% |
| IDFC Bank Ltd. | 60.02 million | 98.71% | 1.26% | 0.03% |
| HDFC Bank Ltd. | 1.23 billion | 99.69% | 0.29% | 0.02% |
| Bank of Baroda | 649.87 million | 99.61% | 0.37% | 0.02% |
| Unity Small Finance Bank Limited | 319.11 million | 99.98% | 0% | 0.02% |
| Yes Bank Ltd. | 10 billion | 99.99% | 0% | 0.01% |
| Axis Bank Ltd. | 2.48 billion | 99.85% | 0.15% | 0% |
data.indiadispatch.com
Source: National Payments Corporation of India, India Dispatch Research
Cite this reading
India by the numbers, UPI bank approval and decline rates, August 2026. 88.6%. Source: National Payments Corporation of India. https://data.indiadispatch.com/payments/upi-bank-declines
Published content updated . This is separate from the source observation period.