India - Number of Credit Cards (Total Cards in Circulation)

Monthly total number of active credit cards in India (in million) from Nov 2019 onward. This represents the total credit cards issued and in use across banks. Source: RBI Payment System Indicators.

  • Verified official series
  • Licensed export
  • Source: Reserve Bank of India
LATEST VALUE (May 2026)120.454million
MAX VALUE120.454million in May 2026
GROWTH SINCE START121.4%Nov 2019 to May 2026
YEARS OF DATA7 YearsNov 2019 to May 2026
TOTAL DATA POINTS79Monthly Observations

Credit Cards - Total Count(million)

Updated Jan 31, 2026

Nov 2019
54.411 million
May 2026
120.454 million
Formula
Formula
Value = As reported by the official source.

This dataset represents reported values over time. Growth patterns should be interpreted using the chart and filters, not CAGR.

Source
Source
Reserve Bank of India
How to explore
How to explore
  • Use custom date filters to explore different periods.
  • Track short-term spikes or declines using MoM changes.
  • Compare early vs recent values to understand scale changes.

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