Debit Cards by Payments Banks
• The credit 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 2.80 crore by August 2025, reflecting strong rural and semi-urban adoption.
• Paytm Payments Bank maintained a consistent base of over 3.05 crore cards, highlighting its established digital presence. Airtel Payments Bank also saw robust growth from 57.6 lakh to over 76.2 lakh cards, while Fino Payments Bank recorded gradual expansion crossing 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.
• Overall, payments banks continued to play a vital role in deepening financial inclusion and digital credit access across India.
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
Units: In Numbers
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