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Value of card payments India FY 2014-2021

Published by Sandhya Keelery, Apr 26, 2022
The value of card payments in India for the fiscal year 2021 amounted to approximately 13 trillion Indian rupees, a decrease from the previous year. The fall was after a consistent increase in card payments since fiscal year 2014, as a result of the government's initiative to digitize the country, catalyzed by the demonetization of currency notes in November 2016.

Value of card payments in India from financial year 2014 to 2021 (in trillion Indian rupees)

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Release date

September 2021

Region

India

Survey time period

FY 2014 to FY 2021

Special properties

including credit and debit cards

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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