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: 3570
Columns: 10
Time period: 2019-20 to 2026-27
Last Updated: 05 September 2026
Data preview
fiscal_year
month
upi_beneficiary_banks
total_volume
approved
bd
td
deemed_approved
units
notes
2026-27
July
AU Small Finance Bank
42.893
99.21
0.61
0.18
0.03
total_volume in millions, approved in percentage, bd in percentage, td in percentage, deemed_approved in percentage
2026-27
July
Airtel Payments Bank Limited
552.564
95.01
4.69
0.29
0.11
total_volume in millions, approved in percentage, bd in percentage, td in percentage, deemed_approved in percentage
2026-27
July
Axis Bank Ltd.
2419.158
99.87
0.13
0
0
total_volume in millions, approved in percentage, bd in percentage, td in percentage, deemed_approved in percentage
2026-27
July
Bandhan Bank Limited
62.165
99.29
0.27
0.44
0.17
total_volume in millions, approved in percentage, bd in percentage, td in percentage, deemed_approved in percentage
2026-27
July
Bank of Baroda
630.768
99.45
0.39
0.16
0.09
total_volume in millions, approved in percentage, bd in percentage, td in percentage, deemed_approved in percentage
2026-27
July
Bank of India
313.918
98.17
1.14
0.68
0.12
total_volume in millions, approved in percentage, bd in percentage, td in percentage, deemed_approved in percentage
2026-27
July
Bank of Maharashtra
91.369
99.02
0.96
0.02
0
total_volume in millions, approved in percentage, bd in percentage, td in percentage, deemed_approved in percentage
2026-27
July
Baroda U.P. Bank
52.054
98.16
0.36
1.47
0.4
total_volume in millions, approved in percentage, bd in percentage, td in percentage, deemed_approved in percentage
2026-27
July
Canara Bank
545.086
99.65
0.19
0.16
0.04
total_volume in millions, approved in percentage, bd in percentage, td in percentage, deemed_approved in percentage
2026-27
July
Central Bank of India
192.28
97.11
1.33
1.56
0.35
total_volume in millions, approved in percentage, bd in percentage, td in percentage, deemed_approved in percentage
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