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Value of retail electronic clearing India FY 2016-2021, by type

Published by
Manya Rathore,
Jul 21, 2022
Credit transfers made up the highest value in retail electronic payments in India, valued at over 335 trillion rupees in financial year 2021. Card payments ranked second that year, with debit transfers and direct debit ranking far behind in third.

Value of retail electronic clearing in India from financial year 2016 to 2021, by type (in trillion Indian rupees)

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Release date

September 2021

Region

India

Survey time period

FY 2016 to FY 2021

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2016 started in April 2015 and ended in March 2016.

One Indian rupee is equal to 0.012 euros and 0.013 U.S. dollars (as of October 2021).

Values have been rounded.

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