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

Monthly total number of active debit cards in India (in million) from Nov 2019 onward. Debit cards represent India’s largest payment instrument base, widely used for ATM withdrawals and PoS transactions.

  • Verified official series
  • Licensed export
  • Source: Reserve Bank of India
LATEST VALUE (May 2026)1,027.908million
MAX VALUE1,044.569million in Mar 2026
GROWTH SINCE START23.7%Nov 2019 to May 2026
YEARS OF DATA7 YearsNov 2019 to May 2026
TOTAL DATA POINTS79Monthly Observations

Debit Cards - Total Count(million)

Updated Jan 31, 2026

Nov 2019
830.759 million
May 2026
1,027.908 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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India - Number of Debit Cards (Total Cards in Circulation) (2019–2026) | Source: Reserve Bank of India | Indiagraphs