Year, Month and Bank wise Top 50 Performing Beneficiary Banks in UPI Transactions
This dataset contains year, month and bank wise top 50 performing beneficiary banks in UPI transactions every month by measuring various aspects like td , bd ,approved percentage , total volume etc.
Note:
1. Business Decline (BD) - Transaction decline due to a customer entering an invalid pin, incorrect beneficiary account etc. Or due to other business reasons such as exceeding per transaction limit, exceeding permitted count of transactions per day, exceeding amount limit for the day etc. Such declined transactions are termed as Business Decline. Any decline which is not because of a technical reason of the bank or NPCI is termed as business Decline.
2. Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
3. The Debit Reversal Success percentage indicates the % of total cases, where a customer account may be debited and their bank is unable to confirm instantly about the status of reversal of such a debit. When reversal/credit is not processed instantly, it is processed manually by the bank as per the extant RBI guidelines.
4. Deemed Approved (Pending Credit Confirmation for UPI remittance transactions) - Deemed Approved percentage indicates the total percentage of cases of the total transactions, where credit confirmations are not received online from the beneficiary banks for the credit. If the beneficiary account is not credited online, transaction would be manually processed by the beneficiary bank as per the extant RBI guidelines.
5. Remitter Bank - The bank of the account holder who is sending the money
6. Beneficiary Bank - The bank of the account holder who is receiving money
Year, Month and Bank wise Top 50 Performing Beneficiary Banks in UPI Transactions
This dataset contains year, month and bank wise top 50 performing beneficiary banks in UPI transactions every month by measuring various aspects like td , bd ,approved percentage , total volume etc.
Note:
1. Business Decline (BD) - Transaction decline due to a customer entering an invalid pin, incorrect beneficiary account etc. Or due to other business reasons such as exceeding per transaction limit, exceeding permitted count of transactions per day, exceeding amount limit for the day etc. Such declined transactions are termed as Business Decline. Any decline which is not because of a technical reason of the bank or NPCI is termed as business Decline.
2. Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
3. The Debit Reversal Success percentage indicates the % of total cases, where a customer account may be debited and their bank is unable to confirm instantly about the status of reversal of such a debit. When reversal/credit is not processed instantly, it is processed manually by the bank as per the extant RBI guidelines.
4. Deemed Approved (Pending Credit Confirmation for UPI remittance transactions) - Deemed Approved percentage indicates the total percentage of cases of the total transactions, where credit confirmations are not received online from the beneficiary banks for the credit. If the beneficiary account is not credited online, transaction would be manually processed by the beneficiary bank as per the extant RBI guidelines.
5. Remitter Bank - The bank of the account holder who is sending the money
6. Beneficiary Bank - The bank of the account holder who is receiving money
Rows: 3620
Columns: 10
Time period: 2019-20 to 2026-27
Last Updated: 12 October 2026
Data preview
fiscal_year
month
upi_beneficiary_banks
total_volume
approved
bd
td
deemed_approved
units
notes
2026-27
August
AU small Finance Bank
45.292
99.08
0.82
0.1
0.02
total_volume in millions, approved in percentage, bd in percentage, td in percentage, deemed_approved in percentage
2026-27
August
Airtel Payments Bank Limited
592.796
95.69
4.26
0.04
0.03
total_volume in millions, approved in percentage, bd in percentage, td in percentage, deemed_approved in percentage
2026-27
August
Axis Bank Ltd.
2483.837
99.85
0.15
0
0.01
total_volume in millions, approved in percentage, bd in percentage, td in percentage, deemed_approved in percentage
2026-27
August
Bandhan Bank Limited
64.04
99.2
0.24
0.56
0.19
total_volume in millions, approved in percentage, bd in percentage, td in percentage, deemed_approved in percentage
2026-27
August
Bank Of India
323.662
98.73
1.18
0.09
0.02
total_volume in millions, approved in percentage, bd in percentage, td in percentage, deemed_approved in percentage
2026-27
August
Bank of Baroda
649.872
99.61
0.37
0.02
0.05
total_volume in millions, approved in percentage, bd in percentage, td in percentage, deemed_approved in percentage
2026-27
August
Bank of Maharashtra
95.166
99.14
0.53
0.32
0.02
total_volume in millions, approved in percentage, bd in percentage, td in percentage, deemed_approved in percentage
2026-27
August
Baroda U.P. Bank
57.072
97.66
0.35
1.99
0.57
total_volume in millions, approved in percentage, bd in percentage, td in percentage, deemed_approved in percentage
2026-27
August
Canara Bank
563.759
98.9
0.3
0.79
0.08
total_volume in millions, approved in percentage, bd in percentage, td in percentage, deemed_approved in percentage
2026-27
August
Central Bank of India
198.722
96.83
1.38
1.79
0.76
total_volume in millions, approved in percentage, bd in percentage, td in percentage, deemed_approved in percentage
The fiscal year the data pertains to, expressed as a start–end year pair covering the April–March financial year.
month
String
12
3620
The calendar month within the fiscal year to which the UPI transaction figures apply.
upi_beneficiary_banks
String
225
3620
Name of the beneficiary bank in UPI transactions, i.e., the bank whose customers receive the payments.
total_volume
Float64
3078
3620
Total UPI transaction volume for the beneficiary bank during the month, measured in millions.
approved
Float64
721
3620
Percentage of UPI transactions to the beneficiary bank that were successfully approved.
bd
Float64
416
3620
Percentage of UPI transactions to the beneficiary bank that were declined for business reasons.
td
Float64
529
3620
Percentage of UPI transactions to the beneficiary bank that failed due to technical reasons.
deemed_approved
Float64
230
3620
Percentage of UPI transactions to the beneficiary bank classified as deemed approved.
units
String
1
3620
Units of measurement applied to the dataset's metrics: volume in millions and all transaction outcome rates in percentage.
notes
String
1
0
Supplementary remarks or clarifications accompanying the data records.
Citation
National Payments Corporation of India. (2026). Year, Month and Bank wise Top 50 Performing Beneficiary Banks in UPI Transactions [Data set]. Dataful. https://dataful.in/datasets/342