Number of debit card transactions in India FY 2022-2029

Published by Sandhya Keelery, Oct 9, 2024

In the financial year 2024, there were close to 2.3 billion transactions made via debit cards across India. This was estimated to reduce to about two billion transactions by financial year 2029 in the country.

Number of debit card transactions in India from financial year 2022 to 2024, with estimates until 2029 (in billions)

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Release date

August 2024

Region

India

Survey time period

FY 2022 to FY 2024

Supplementary notes

*expected values

India's financial year begins in April and ends in March. For example, FY 2017 started in April 2016 and ended in March 2017.

Values were rounded.

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