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Value of monthly transactions on BHIM India 2016-2020

Published by Sandhya Keelery, Mar 13, 2020
The cumulative amount of the monthly transactions made through the Bharat Interface for Money app amounted to over 65 billion Indian rupees as of February 2020. This was a tremendous increase since its launch in December 2016. BHIM was launched by the National Payments Corporation of India based on UPI. It was available in 13 Indian languages, including English.

Value of monthly transactions on BHIM from December 2016 to February 2020 (in billion Indian rupees)

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Release date

March 2020

Region

India

Survey time period

December 2016 to February 2020

Supplementary notes

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

One Indian rupee is equal to 0.014 U.S. dollar and 0.012 euro as of February 2020.

The values have been rounded.

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