Debit Cards by Payments Banks
The debit card portfolio of India’s payments banks demonstrated a steady upward trend through 2025. India Post Payments Bank led the segment, growing from 2.34 crore cards in January to 3.05 crore by Dec 2025, reflecting strong rural and semi-urban adoption.
Paytm Payments Bank continues to maintain a significant base of over {{ArOps||item6_latest0/1000000}} crore cards, highlighting its established digital presence. Airtel Payments Bank also saw robust growth from 57.6 lakh to over 95 lakh cards, while Fino Payments Bank recorded a stagnant base close to 1.07 crore cards.
Emerging players like Jio Payments Bank and NSDL Payments Bank showed rapid percentage growth from smaller bases, signaling increased participation in the digital credit ecosystem.
Paytm Payments Bank continues to maintain a significant base of over {{ArOps||item6_latest0/1000000}} crore cards, highlighting its established digital presence. Airtel Payments Bank also saw robust growth from 57.6 lakh to over 95 lakh cards, while Fino Payments Bank recorded a stagnant base close to 1.07 crore cards.
Emerging players like Jio Payments Bank and NSDL Payments Bank showed rapid percentage growth from smaller bases, signaling increased participation in the digital credit ecosystem.
| Debit Cards - Payments Banks | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AIRTEL PAYMENTS BANK | 57,58,457 | 57,58,457 | 60,22,386 | 62,96,413 | 65,60,119 | 68,68,035 | 72,23,535 | 76,22,032 | 80,29,234 | 84,24,873 | 88,52,715 | 95,16,251 |
| FINO PAYMENTS BANK | 1,01,58,554 | 1,01,58,554 | 1,03,34,747 | 1,04,98,755 | 1,05,72,119 | 1,06,11,222 | 1,07,78,619 | 1,07,86,644 | 1,06,82,723 | 1,06,20,584 | 1,06,97,383 | 1,07,18,820 |
| INDIA POST PAYMENTS BANK | 2,34,01,802 | 2,34,01,802 | 2,45,61,440 | 2,48,75,238 | 2,50,67,886 | 2,64,09,242 | 2,72,29,649 | 2,80,26,190 | 2,91,40,680 | 2,95,82,151 | 3,03,71,748 | 3,05,91,622 |
| JIO PAYMENTS BANK | 4,96,210 | 4,96,210 | 5,62,058 | 6,22,570 | 7,81,310 | 9,12,093 | 10,48,576 | 12,62,817 | 12,57,080 | 13,64,364 | 14,10,728 | 14,53,354 |
| NSDL PAYMENTS BANK | 14,18,164 | 14,18,164 | 6,90,203 | 7,36,461 | 7,36,461 | 8,53,896 | 9,19,103 | 9,77,733 | 22,34,796 | 23,86,959 | 25,50,143 | 27,29,084 |
| PAYTM PAYMENTS BANK | 3,05,99,828 | 3,05,99,828 | 3,05,96,105 | 3,05,93,306 | 3,05,91,221 | 3,05,89,109 | 3,05,86,682 | 3,05,84,604 | 3,05,82,984 | 3,05,81,720 | 3,05,80,792 | 2,96,32,348 |
Units: In Numbers
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