Ecosystem Statistics

AutoPay Banks Performance (Aug'24)

AutoPay Remitter Banks - Mandate Registration (Aug'24)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	67,01,682	96.52%	0.00%	3.48%
2	HDFC Bank Ltd	27,06,508	97.23%	0.00%	2.77%
3	Bank of Baroda	16,66,743	95.82%	0.00%	4.18%
4	Punjab National Bank	15,29,960	95.56%	0.00%	4.44%
5	Kotak Mahindra Bank	14,34,614	96.26%	0.00%	3.74%
6	Union Bank of India	13,64,552	95.98%	0.00%	4.02%
7	ICICI Bank	13,58,462	97.11%	0.00%	2.89%
8	Axis Bank Ltd	12,13,568	97.33%	0.00%	2.67%
9	Canara Bank	10,83,371	93.26%	0.00%	6.74%
10	Airtel Payments Bank	10,19,075	99.92%	0.00%	0.08%
11	Bank of India	7,69,716	95.62%	0.00%	4.38%
12	India Post Payment Bank	7,37,396	91.55%	0.00%	8.45%
13	Indian Bank	6,62,218	96.86%	0.00%	3.14%
14	Central Bank Of India	4,25,748	93.68%	0.00%	6.32%
15	Federal Bank	4,09,502	95.05%	0.00%	4.95%
16	Fino Payments Bank	3,53,099	6.57%	0.00%	93.43%
17	UCO Bank	3,37,116	96.25%	0.00%	3.75%
18	Indian Overseas Bank	3,31,322	91.77%	0.00%	8.23%
19	IndusInd Bank	3,09,128	95.42%	0.00%	4.58%
20	Bank of Maharashtra	2,91,326	96.90%	0.00%	3.10%
21	IDBI Bank Limited	2,87,861	97.11%	0.00%	2.89%
22	Yes Bank Ltd	1,73,160	94.12%	0.00%	5.88%
23	Karnataka Bank	1,61,923	86.62%	0.00%	13.38%
24	IDFC FIRST Bank	1,34,704	96.74%	0.00%	3.26%
25	Karur Vysya Bank	1,21,180	91.12%	0.00%	8.88%
26	Jammu and Kashmir Bank	1,18,636	94.92%	0.00%	5.08%
27	AU Small Finance bank	95,870	97.29%	0.00%	2.71%
28	South Indian Bank	91,535	96.66%	0.00%	3.34%
29	Punjab and Sind Bank	81,877	93.87%	0.00%	6.13%
30	Equitas Small Finance Bank	81,154	59.90%	0.00%	40.10%
31	City Union Bank	74,903	92.52%	0.00%	7.48%
32	Jio Payments Bank	63,309	88.99%	0.00%	11.01%
33	Standard Chartered	62,014	98.66%	0.00%	1.34%
34	NSDL Payments Bank	59,510	86.64%	0.00%	13.36%
35	Tamilnad Mercantile Bank	57,577	96.56%	0.00%	3.44%
36	DBS Bank Ltd	53,282	97.69%	0.00%	2.31%
37	Saraswat Bank	51,239	96.47%	0.00%	3.53%
38	Rajasthan Marudhara Gramin Bank	46,831	95.66%	0.00%	4.34%
39	Fincare Small Finance Bank	41,173	94.13%	0.00%	5.87%
40	Maharashtra Gramin Bank	39,368	96.09%	0.00%	3.91%
41	Kerala Gramin Bank	35,705	93.54%	0.00%	6.46%
42	Pragathi Krishna Gramin Bank	35,344	82.57%	0.00%	17.43%
43	Andhra Pradesh Grameena Vikas Bank	32,965	94.76%	0.00%	5.24%
44	RBL Bank	30,577	87.41%	0.00%	12.59%
45	HSBC Bank	28,378	97.46%	0.00%	2.54%
46	Andhra Pragathi Grameena Bank	25,329	94.87%	0.00%	5.13%
47	TJSB Sahakari Bank Ltd	19,684	96.75%	0.00%	3.25%
48	Karnataka Vikas Grameena Bank	19,485	94.19%	0.00%	5.81%
49	DCB Bank Ltd	15,832	96.50%	0.00%	3.50%
50	Cosmos Bank	15,156	75.49%	0.00%	24.51%

Remarks

Mandate Registration refers to the transaction wherein the consumer creates a recurring mandate against consumers account for the payments which are recurring in nature. For example: Utility bill payments, insurance premium etc.

AutoPay Remitter Banks - Mandate Execution (Aug'24)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	10,39,69,021	28.91%	70.59%	0.51%
2	Kotak Mahindra Bank	3,39,77,350	19.68%	80.02%	0.30%
3	HDFC BANK LTD	3,35,93,854	37.22%	62.50%	0.28%
4	Bank of Baroda	3,02,36,969	25.07%	74.34%	0.59%
5	Union Bank of India	2,79,90,570	22.27%	77.13%	0.60%
6	Punjab National Bank	2,68,31,909	24.88%	74.77%	0.35%
7	Axis Bank Ltd.	1,86,67,859	30.57%	69.41%	0.01%
8	Canara Bank	1,76,39,538	27.60%	71.80%	0.60%
9	India Post Payment Bank	1,57,77,016	9.08%	90.39%	0.53%
10	ICICI Bank	1,44,79,476	45.38%	54.54%	0.07%
11	Bank of India	1,39,22,101	26.12%	72.82%	1.06%
12	Indian Bank	1,30,69,729	22.89%	77.02%	0.09%
13	Airtel Payments Bank	1,24,55,635	10.37%	89.18%	0.45%
14	INDUSIND BANK	73,45,716	19.18%	80.15%	0.67%
15	Central Bank Of India	73,15,015	24.41%	74.81%	0.78%
16	Federal Bank	71,41,146	21.63%	77.80%	0.57%
17	UCO Bank	58,15,720	23.69%	75.90%	0.41%
18	Paytm Payments Bank	54,56,060	0.10%	99.48%	0.42%
19	Indian Overseas Bank	50,67,583	26.77%	71.77%	1.46%
20	IDBI Bank Limited	45,23,475	26.69%	72.99%	0.32%
21	Bank of Maharashtra	42,11,023	26.65%	73.08%	0.27%
22	IDFC Bank	35,21,715	21.28%	75.19%	3.53%
23	Yes Bank Ltd	32,04,960	21.12%	76.71%	2.17%
24	Karnataka Bank	25,16,173	29.72%	70.01%	0.27%
25	Punjab and Sind Bank	18,00,651	20.18%	79.28%	0.54%
26	AU small Finance Bank	17,38,088	23.57%	76.40%	0.03%
27	Karur Vysya Bank	15,53,288	29.87%	69.09%	1.03%
28	Fincare Small Finance Bank Ltd	13,03,353	6.58%	93.37%	0.05%
29	Jammu and Kashmir Bank	11,70,080	31.21%	67.82%	0.97%
30	Rajasthan Marudhara Gramin Bank	11,15,980	15.99%	82.10%	1.92%
31	DBS Bank India Limited	10,73,736	22.30%	77.68%	0.02%
32	South Indian Bank	10,57,719	36.26%	63.70%	0.04%
33	Equitas Bank	9,48,310	15.67%	84.18%	0.15%
34	NSDL Payments Bank	8,86,462	9.06%	89.30%	1.64%
35	Tamilnad Mercantile Bank	8,41,348	26.00%	73.67%	0.33%
36	City Union Bank	8,25,530	31.28%	68.00%	0.71%
37	RBL	7,88,773	11.25%	87.75%	1.01%
38	Jio Payments Bank	7,32,331	13.98%	82.76%	3.26%
39	Maharashtra Gramin Bank	7,09,356	14.17%	83.42%	2.41%
40	Saraswat Bank	6,70,388	30.77%	68.97%	0.26%
41	Andhra Pradesh Grameena Vikas Bank	6,18,963	16.65%	82.51%	0.84%
42	Pragathi Krishna Gramin Bank	5,32,374	24.36%	71.06%	4.58%
43	Standard Chartered	4,51,212	58.98%	40.95%	0.07%
44	UTKARSH SMALL FINANCE BANK LIMITED	4,27,968	14.26%	84.99%	0.75%
45	Andhra Pragathi Grameena Bank	4,24,285	15.41%	80.98%	3.61%
46	Indusind Bank	3,77,048	13.30%	85.47%	1.23%
47	Suryoday Small Finance Bank Ltd.	3,76,801	9.67%	89.64%	0.70%
48	Kerala Gramin Bank	3,69,526	30.37%	67.69%	1.94%
49	Karnataka Vikas Grameena Bank	3,57,517	14.43%	82.75%	2.82%
50	Chhattisgarh R G BANK	3,19,623	14.08%	83.00%	2.92%

Remarks

Execution refers to the transaction wherein the recurring debit is done on the remitting account.

Glossary

Business Decline (BD) - Transaction decline due to a customer entering an invalid pin, incorrect beneficiary account, insufficient funds 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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.

PSP Wise Registration

UPI Autopay Registration - Payer PSP Performance (Aug'24)
Sr. No.	Payer PSP	Total Volume	Approved %	TD %	BD %
1	Yes Bank Ltd	97,49,936	92.73%	4.80%	0.00%
2	Axis Bank Ltd	73,90,384	91.63%	4.84%	0.00%
3	ICICI Bank	56,32,682	92.44%	4.18%	0.00%
4	HDFC Bank Ltd	31,94,560	90.04%	6.53%	0.00%
5	State Bank Of India	18,46,539	84.87%	13.90%	0.00%
6	BHIM	1,14,783	89.79%	4.74%	0.00%
7	Jio Payments Bank	13,612	86.34%	8.73%	0.00%
8	DBS Bank India Limited	2,854	91.03%	8.93%	0.00%
9	IndusInd Bank	2,148	83.52%	6.15%	0.00%
10	Bank of Baroda	1,608	82.34%	8.77%	0.00%
11	Canara Bank	1,477	69.19%	24.85%	0.00%
12	Central Bank Of India	904	82.19%	17.04%	0.00%
13	Punjab National Bank	173	0.00%	100.00%	0.00%
14	Dhanlaxmi Bank Ltd	18	44.44%	55.56%	0.00%
15	Equitas Small Finance Bank	4	75.00%	25.00%	0.00%

UPI Autopay Registration - Payee PSP Performance (Aug'24)
Sr. No.	Payee PSP	Total Volume	Approved %	TD %	BD %
1	Yes Bank Ltd	1,13,02,868	96.87%	3.08%	0.00%
2	HDFC Bank Ltd	51,30,807	99.92%	0.08%	0.00%
3	Axis Bank Ltd	42,72,321	99.98%	0.02%	0.00%
4	ICICI Bank	39,44,446	99.54%	0.45%	0.00%
5	IndusInd Bank	7,86,738	99.97%	0.03%	0.00%
6	HSBC Bank	1,60,536	100.00%	0.00%	0.00%
7	IDFC FIRST Bank	74,728	99.99%	0.01%	0.00%
8	Kotak Mahindra Bank	5,552	100.00%	0.00%	0.00%

Glossary

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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
PSP - Payment Service Provider
Payer PSP - Under this function a bank can onboard a customer, create his/ her UPI ID, create device binding which is used as a first factor of Authentication, using this customer can enter their UPI PIN to approve a financial transaction or non-financial request where ever necessary.
Payee PSP - Under this function a bank can onboard a customer/merchant & allow them to receive money basis allocated UPI ID or raise a Collect request. It is also known as beneficiary PSP/resolving PSP.

PSP Wise Execution

UPI Autopay Execution - Payer PSP Performance (Aug'24)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	5,77,82,360	96.08%	3.91%	0.01%
2	Axis Bank Ltd	2,50,79,238	95.28%	4.72%	0.00%
3	ICICI Bank	1,90,04,974	95.67%	4.32%	0.00%
4	HDFC Bank Ltd	1,15,96,230	88.85%	11.15%	0.00%
5	State Bank Of India	52,74,299	97.74%	2.02%	0.25%
6	BHIM	5,82,114	89.73%	10.27%	0.00%
7	Jio Payments Bank	27,964	51.48%	2.64%	45.88%
8	DBS Bank India Limited	16,930	50.79%	49.21%	0.01%
9	IndusInd Bank	8,007	33.01%	66.99%	0.00%
10	Canara Bank	7,050	98.28%	1.72%	0.00%
11	Bank of Baroda	4,119	98.54%	1.46%	0.00%
12	Central Bank Of India	737	92.13%	7.60%	0.27%
13	Punjab National Bank	106	100.00%	0.00%	0.00%
14	Dhanlaxmi Bank Ltd	59	98.31%	1.69%	0.00%
15	Equitas Small Finance Bank	2	100.00%	0.00%	0.00%

UPI Autopay Execution - Payee PSP Performance (Aug'24)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	6,28,77,115	99.98%	0.01%	0.02%
2	HDFC Bank Ltd	1,80,83,941	99.76%	0.05%	0.20%
3	ICICI Bank	1,46,41,536	99.84%	0.08%	0.08%
4	Axis Bank Ltd	87,46,467	99.98%	0.02%	0.00%
5	IndusInd Bank	81,21,645	99.39%	0.19%	0.42%
6	HSBC Bank	5,15,573	98.71%	0.03%	1.26%
7	IDFC FIRST Bank	2,77,544	99.95%	0.01%	0.04%
8	Kotak Mahindra Bank	37,499	99.99%	0.01%	0.00%

Glossary

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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
PSP - Payment Service Provider
Payer PSP - Under this function a bank can onboard a customer, create his/ her UPI ID, create device binding which is used as a first factor of Authentication, using this customer can enter their UPI PIN to approve a financial transaction or non-financial request where ever necessary.
Payee PSP - Under this function a bank can onboard a customer/merchant & allow them to receive money basis allocated UPI ID or raise a Collect request. It is also known as beneficiary PSP/resolving PSP.

AutoPay Banks Performance (Jul'24)

AutoPay Remitter Banks - Mandate Registration (Jul'24)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	65,76,590	96.48%	0.00%	3.52%
2	HDFC Bank Ltd	25,92,266	97.35%	0.00%	2.65%
3	Bank of Baroda	16,59,110	95.68%	0.00%	4.32%
4	Punjab National Bank	15,87,762	95.74%	0.00%	4.26%
5	Kotak Mahindra Bank	14,46,919	96.02%	0.00%	3.98%
6	ICICI Bank	13,32,143	96.91%	0.00%	3.09%
7	Union Bank of India	13,29,116	95.88%	0.00%	4.12%
8	Axis Bank Ltd	11,70,265	97.24%	0.00%	2.76%
9	Canara Bank	10,69,848	92.86%	0.00%	7.14%
10	Airtel Payments Bank	9,31,935	99.92%	0.00%	0.08%
11	Bank of India	7,43,547	95.34%	0.00%	4.66%
12	India Post Payment Bank	6,75,711	88.62%	0.00%	11.38%
13	Indian Bank	6,40,233	96.99%	0.00%	3.01%
14	Central Bank Of India	4,22,311	94.28%	0.00%	5.72%
15	Federal Bank	4,14,946	92.32%	0.00%	7.68%
16	UCO Bank	3,39,049	95.93%	0.00%	4.07%
17	Indian Overseas Bank	3,07,538	95.53%	0.00%	4.47%
18	IndusInd Bank	2,96,693	95.52%	0.00%	4.48%
19	IDBI Bank Limited	2,81,202	95.52%	0.00%	4.48%
20	Bank of Maharashtra	2,59,638	93.62%	0.00%	6.38%
21	Yes Bank Ltd	1,70,240	94.03%	0.00%	5.97%
22	IDFC FIRST Bank	1,61,736	95.88%	0.00%	4.12%
23	Karnataka Bank	1,56,139	86.12%	0.00%	13.88%
24	Karur Vysya Bank	1,17,157	91.57%	0.00%	8.43%
25	Jammu and Kashmir Bank	98,988	93.89%	0.00%	6.11%
26	AU Small Finance bank	95,303	97.16%	0.00%	2.84%
27	South Indian Bank	91,389	96.78%	0.00%	3.22%
28	Punjab and Sind Bank	84,391	93.85%	0.00%	6.15%
29	Equitas Small Finance Bank	80,709	61.94%	0.00%	38.06%
30	City Union Bank	73,856	92.09%	0.00%	7.91%
31	Jio Payments Bank	59,843	90.59%	0.00%	9.41%
32	Standard Chartered	59,276	98.68%	0.00%	1.32%
33	Tamilnad Mercantile Bank	56,420	95.89%	0.00%	4.11%
34	DBS Bank Ltd	52,770	97.52%	0.00%	2.48%
35	NSDL Payments Bank	49,575	85.76%	0.00%	14.24%
36	Saraswat Bank	48,086	96.13%	0.00%	3.87%
37	Rajasthan Marudhara Gramin Bank	43,881	91.89%	0.00%	8.11%
38	Fincare Small Finance Bank	39,387	93.98%	0.00%	6.02%
39	Kerala Gramin Bank	34,151	93.92%	0.00%	6.08%
40	Pragathi Krishna Gramin Bank	29,736	92.31%	0.00%	7.69%
41	RBL Bank	29,545	87.50%	0.00%	12.50%
42	Andhra Pradesh Grameena Vikas Bank	28,377	95.17%	0.00%	4.83%
43	Maharashtra Gramin Bank	27,808	93.44%	0.00%	6.56%
44	HSBC Bank	26,207	98.04%	0.00%	1.96%
45	Andhra Pragathi Grameena Bank	21,567	94.71%	0.00%	5.29%
46	TJSB Sahakari Bank Ltd	17,935	97.16%	0.00%	2.84%
47	DCB Bank Ltd	15,331	93.78%	0.00%	6.22%
48	Karnataka Vikas Grameena Bank	15,134	92.29%	0.00%	7.71%
49	Cosmos Bank	14,786	64.37%	0.00%	35.63%
50	Bharat Co-op Bank Mumbai	13,909	69.54%	0.00%	30.46%

Remarks

Mandate Registration refers to the transaction wherein the consumer creates a recurring mandate against consumers account for the payments which are recurring in nature. For example: Utility bill payments, insurance premium etc.

AutoPay Remitter Banks - Mandate Execution (Jul'24)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	6,42,75,989	31.95%	66.61%	1.44%
2	Kotak Mahindra Bank	2,10,10,379	22.39%	76.26%	1.35%
3	HDFC BANK LTD	1,92,87,792	44.99%	54.91%	0.09%
4	Bank of Baroda	1,87,73,855	26.83%	72.27%	0.90%
5	Union Bank of India	1,72,55,328	25.13%	72.57%	2.30%
6	Punjab National Bank	1,66,18,344	27.56%	71.29%	1.15%
7	Canara Bank	1,10,58,466	30.41%	68.62%	0.98%
8	Axis Bank Ltd.	1,03,36,976	37.31%	62.65%	0.03%
9	ICICI Bank	93,48,147	49.39%	50.47%	0.13%
10	Bank of India	87,64,021	28.29%	71.08%	0.63%
11	India Post Payment Bank	86,53,291	9.47%	87.87%	2.66%
12	Indian Bank	84,72,546	24.48%	75.28%	0.24%
13	Paytm Payments Bank LTD	78,65,025	0.46%	98.93%	0.61%
14	Federal Bank	48,06,371	24.02%	75.92%	0.06%
15	INDUSIND BANK	45,68,396	22.39%	76.70%	0.91%
16	Central Bank Of India	43,02,281	26.91%	70.62%	2.47%
17	UCO Bank	35,75,474	23.32%	75.79%	0.88%
18	Indian Overseas Bank	31,28,666	29.29%	69.89%	0.82%
19	Bank of Maharashtra	26,45,584	26.69%	72.21%	1.11%
20	IDBI Bank Limited	26,10,545	30.82%	68.04%	1.15%
21	IDFC First Bank LTD	23,01,952	23.31%	75.19%	1.50%
22	Yes Bank Ltd	20,21,720	22.81%	75.95%	1.24%
23	Karnataka Bank	16,51,862	31.66%	67.60%	0.74%
24	Punjab and Sind Bank	11,21,393	20.06%	67.52%	12.42%
25	AU small Finance Bank	10,01,378	26.62%	72.99%	0.39%
26	Karur Vysya Bank	9,85,667	36.41%	63.15%	0.44%
27	Fincare Small Finance Bank Ltd	9,48,400	7.45%	92.26%	0.29%
28	Rajasthan Marudhara Gramin Bank	7,73,185	16.14%	82.70%	1.16%
29	DBS Bank India Limited	7,39,703	24.70%	74.44%	0.85%
30	Equitas Bank	7,30,143	15.86%	84.13%	0.01%
31	South Indian Bank	6,40,579	43.02%	56.89%	0.09%
32	Tamilnad Mercantile Bank	5,97,527	26.48%	73.17%	0.35%
33	City Union Bank	5,34,751	31.33%	68.40%	0.27%
34	RBL	5,29,868	10.83%	88.59%	0.58%
35	Andhra Pradesh Grameena Vikas Bank	5,06,563	17.92%	79.91%	2.17%
36	Maharashtra Gramin Bank	4,39,654	14.00%	84.15%	1.84%
37	NSDL Payments Bank	3,89,488	9.69%	86.68%	3.63%
38	Saraswat Bank	3,69,705	36.33%	63.07%	0.60%
39	Jio Payments Bank	3,33,395	14.13%	83.87%	1.99%
40	Pragathi Krishna Gramin Bank	3,29,522	25.63%	72.27%	2.10%
41	Andhra Pragathi Grameena Bank	3,00,625	17.79%	76.93%	5.28%
42	Standard Chartered	2,97,164	58.82%	41.04%	0.14%
43	Jammu and Kashmir Bank	2,75,305	45.20%	54.12%	0.68%
44	CHATISGARH R G BANK	2,68,859	12.10%	86.67%	1.23%
45	UTKARSH SMALL FINANCE BANK LIMITED	2,52,225	15.91%	82.60%	1.49%
46	Suryoday Small Finance Bank Ltd.	2,31,708	11.11%	88.59%	0.31%
47	Karnataka Vikas Grameena Bank	2,21,692	14.88%	75.14%	9.98%
48	Telangana Grameena bank	1,97,125	20.92%	76.87%	2.20%
49	Kerala Gramin Bank	1,96,653	35.40%	63.58%	1.02%
50	TJSB Sahakari Bank Ltd	1,67,438	30.94%	67.70%	1.36%

Remarks

Execution refers to the transaction wherein the recurring debit is done on the remitting account.

Glossary

Business Decline (BD) - Transaction decline due to a customer entering an invalid pin, incorrect beneficiary account, insufficient funds 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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.

PSP Wise Registration

UPI Autopay Registration - Payer PSP Performance (Jul'24)
Sr. No.	Payer PSP	Total Volume	Approved %	TD %	BD %
1	Yes Bank Ltd	99,85,596	92.29%	7.55%	0.00%
2	Axis Bank Ltd	66,45,743	94.34%	5.36%	0.00%
3	ICICI Bank	52,32,238	95.03%	4.92%	0.00%
4	HDFC Bank Ltd	29,40,728	92.80%	7.02%	0.00%
5	State Bank Of India	18,25,103	86.39%	13.49%	0.00%
6	BHIM	1,11,678	94.91%	4.79%	0.00%
7	Jio Payments Bank	12,045	87.11%	10.09%	0.00%
8	DBS Bank India Limited	2,887	90.86%	9.14%	0.00%
9	IndusInd Bank	2,306	92.84%	5.68%	0.00%
10	Canara Bank	962	63.62%	36.28%	0.00%
11	Central Bank Of India	884	79.75%	20.25%	0.00%
12	Punjab National Bank	156	6.41%	93.59%	0.00%
13	Bank of India	68	10.29%	89.71%	0.00%
14	Dhanlaxmi Bank Ltd	19	26.32%	68.42%	0.00%
15	Equitas Small Finance Bank	3	33.33%	66.67%	0.00%

UPI Autopay Registration - Payee PSP Performance (Jul'24)
Sr. No.	Payee PSP	Total Volume	Approved %	TD %	BD %
1	Yes Bank Ltd	1,07,69,108	97.14%	2.84%	0.00%
2	HDFC Bank Ltd	61,79,796	99.94%	0.06%	0.00%
3	Axis Bank Ltd	35,83,165	99.98%	0.02%	0.00%
4	ICICI Bank	32,22,058	99.37%	0.62%	0.00%
5	IndusInd Bank	7,63,494	99.97%	0.03%	0.00%
6	HSBC Bank	1,46,982	100.00%	0.00%	0.00%
7	IDFC FIRST Bank	54,902	100.00%	0.00%	0.00%
8	Kotak Mahindra Bank	7,997	100.00%	0.00%	0.00%

Glossary

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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
PSP - Payment Service Provider
Payer PSP - Under this function a bank can onboard a customer, create his/ her UPI ID, create device binding which is used as a first factor of Authentication, using this customer can enter their UPI PIN to approve a financial transaction or non-financial request where ever necessary.
Payee PSP - Under this function a bank can onboard a customer/merchant & allow them to receive money basis allocated UPI ID or raise a Collect request. It is also known as beneficiary PSP/resolving PSP.

PSP Wise Execution

UPI Autopay Execution - Payer PSP Performance (Jul'24)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	5,66,62,276	97.26%	2.72%	0.01%
2	Axis Bank Ltd	2,21,23,079	96.77%	3.22%	0.01%
3	ICICI Bank	1,75,06,654	96.38%	3.62%	0.01%
4	HDFC Bank Ltd	1,02,67,021	89.11%	10.89%	0.00%
5	State Bank Of India	45,48,708	98.45%	1.49%	0.07%
6	BHIM	5,44,448	94.45%	5.55%	0.00%
7	Jio Payments Bank	19,451	67.21%	2.88%	29.91%
8	DBS Bank India Limited	15,933	51.90%	48.10%	0.00%
9	Canara Bank	6,859	98.61%	1.39%	0.00%
10	IndusInd Bank	6,640	43.46%	56.54%	0.00%
11	Bank of Baroda	3,424	99.33%	0.61%	0.06%
12	Central Bank Of India	737	89.82%	9.77%	0.41%
13	Punjab National Bank	112	100.00%	0.00%	0.00%
14	Dhanlaxmi Bank Ltd	58	96.55%	3.45%	0.00%
15	Equitas Small Finance Bank	1	100.00%	0.00%	0.00%

UPI Autopay Execution - Payee PSP Performance (Jul'24)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	6,09,19,350	99.99%	0.01%	0.08%
2	HDFC Bank Ltd	1,74,17,914	99.83%	0.10%	0.08%
3	ICICI Bank	1,34,10,799	99.80%	0.02%	0.18%
4	Axis Bank Ltd	77,56,738	99.96%	0.04%	0.00%
5	IndusInd Bank	68,94,659	99.56%	0.34%	0.10%
6	HSBC Bank	4,05,514	99.61%	0.00%	0.39%
7	IDFC FIRST Bank	2,41,852	99.98%	0.00%	0.02%
8	Kotak Mahindra Bank	49,554	99.97%	0.00%	0.03%

Glossary

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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
PSP - Payment Service Provider
Payer PSP - Under this function a bank can onboard a customer, create his/ her UPI ID, create device binding which is used as a first factor of Authentication, using this customer can enter their UPI PIN to approve a financial transaction or non-financial request where ever necessary.
Payee PSP - Under this function a bank can onboard a customer/merchant & allow them to receive money basis allocated UPI ID or raise a Collect request. It is also known as beneficiary PSP/resolving PSP.

AutoPay Banks Performance (Jun'24)

AutoPay Remitter Banks - Mandate Registration (Jun'24)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	60,38,553	99.91%	0.00%	0.09%
2	HDFC Bank Ltd	25,34,633	99.89%	0.00%	0.11%
3	Bank of Baroda	14,71,190	99.80%	0.00%	0.20%
4	Punjab National Bank	14,07,877	99.36%	0.00%	0.64%
5	ICICI Bank	13,53,000	99.50%	0.00%	0.50%
6	Kotak Mahindra Bank	13,43,321	99.00%	0.00%	1.00%
7	Union Bank of India	11,98,313	99.90%	0.00%	0.10%
8	Axis Bank Ltd	10,91,843	99.94%	0.00%	0.06%
9	Canara Bank	9,48,806	99.26%	0.00%	0.74%
10	Airtel Payments Bank	7,32,928	99.23%	0.00%	0.77%
11	Bank of India	6,63,653	99.75%	0.00%	0.25%
12	Indian Bank	5,90,881	96.72%	0.00%	3.28%
13	India Post Payment Bank	4,91,370	97.72%	0.00%	2.28%
14	Federal Bank	3,86,163	98.79%	0.00%	1.21%
15	Central Bank Of India	3,06,928	96.80%	0.00%	3.20%
16	UCO Bank	2,99,106	99.39%	0.00%	0.61%
17	Indian Overseas Bank	2,75,166	99.39%	0.00%	0.61%
18	IndusInd Bank	2,60,791	99.67%	0.00%	0.33%
19	IDBI Bank Limited	2,58,591	97.68%	0.00%	2.32%
20	Bank of Maharashtra	2,13,714	98.98%	0.00%	1.02%
21	IDFC FIRST Bank	1,55,659	99.63%	0.00%	0.37%
22	Yes Bank Ltd	1,54,263	99.44%	0.00%	0.56%
23	Karnataka Bank	1,31,786	94.15%	0.00%	5.85%
24	Karur Vysya Bank	1,01,126	98.94%	0.00%	1.06%
25	Jammu and Kashmir Bank	1,00,848	99.41%	0.00%	0.59%
26	AU Small Finance bank	87,984	99.99%	0.00%	0.01%
27	South Indian Bank	85,696	99.94%	0.00%	0.06%
28	Equitas Small Finance Bank	78,985	63.04%	0.00%	36.96%
29	Punjab and Sind Bank	78,816	99.89%	0.00%	0.11%
30	City Union Bank	63,631	99.85%	0.00%	0.15%
31	Standard Chartered	63,059	99.84%	0.00%	0.16%
32	Jio Payments Bank	51,503	99.94%	0.00%	0.06%
33	DBS Bank Ltd	49,777	99.95%	0.00%	0.05%
34	Tamilnad Mercantile Bank	47,890	99.13%	0.00%	0.87%
35	Saraswat Bank	41,848	99.61%	0.00%	0.39%
36	Rajasthan Marudhara Gramin Bank	41,126	99.70%	0.00%	0.30%
37	NSDL Payments Bank	37,549	92.50%	0.00%	7.50%
38	Fincare Small Finance Bank	33,859	99.88%	0.00%	0.12%
39	Kerala Gramin Bank	29,479	99.75%	0.00%	0.25%
40	Andhra Pradesh Grameena Vikas Bank	28,882	98.56%	0.00%	1.44%
41	HSBC Bank	27,506	98.90%	0.00%	1.10%
42	RBL Bank	23,820	99.14%	0.00%	0.86%
43	Maharashtra Gramin Bank	23,490	99.91%	0.00%	0.09%
44	Andhra Pragathi Grameena Bank	22,897	99.72%	0.00%	0.28%
45	Pragathi Krishna Gramin Bank	21,970	99.91%	0.00%	0.09%
46	Cosmos Bank	17,654	58.32%	0.00%	41.68%
47	TJSB Sahakari Bank Ltd	15,207	99.96%	0.00%	0.04%
48	DCB Bank Ltd	14,399	99.78%	0.00%	0.22%
49	Karnataka Vikas Grameena Bank	13,450	99.87%	0.00%	0.13%
50	Catholic Syrian Bank	12,068	98.44%	0.00%	1.56%

Remarks

Mandate Registration refers to the transaction wherein the consumer creates a recurring mandate against consumers account for the payments which are recurring in nature. For example: Utility bill payments, insurance premium etc.

AutoPay Remitter Banks - Mandate Execution (Jun'24)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	7,92,09,913	32.29%	67.23%	0.48%
2	Kotak Mahindra Bank	2,62,02,696	21.90%	77.04%	1.06%
3	HDFC BANK LTD	2,47,74,181	43.87%	55.86%	0.26%
4	Bank of Baroda	2,33,99,473	27.25%	72.52%	0.23%
5	Union Bank of India	2,17,13,367	24.62%	75.02%	0.36%
6	Punjab National Bank	2,09,84,904	28.12%	71.56%	0.32%
7	Axis Bank Ltd.	1,35,51,937	35.60%	64.39%	0.01%
8	Canara Bank	1,35,37,825	30.42%	68.67%	0.91%
9	India Post Payment Bank	1,22,18,618	9.19%	89.41%	1.40%
10	ICICI Bank	1,17,17,220	49.43%	50.51%	0.06%
11	Bank of India	1,09,26,679	28.01%	71.52%	0.47%
12	Indian Bank	1,01,82,702	24.46%	75.29%	0.25%
13	PTI	61,17,077	0.17%	99.45%	0.38%
14	Federal Bank	57,72,946	23.62%	76.31%	0.07%
15	Central Bank Of India	54,96,333	25.64%	72.12%	2.24%
16	INDUSIND BANK	54,79,390	22.02%	77.40%	0.58%
17	Airtel Payments Bank	53,98,379	14.70%	84.48%	0.83%
18	UCO Bank	46,39,484	24.05%	75.41%	0.54%
19	Indian Overseas Bank	37,98,472	29.67%	68.96%	1.37%
20	IDBI Bank Limited	33,27,981	31.71%	67.69%	0.60%
21	Bank of Maharashtra	32,41,030	27.53%	71.37%	1.10%
22	IDC	27,68,028	24.06%	75.42%	0.52%
23	Yes Bank Ltd	25,34,680	22.45%	77.06%	0.49%
24	Karnataka Bank	19,95,349	32.42%	66.89%	0.70%
25	Punjab and Sind Bank	14,04,109	21.73%	77.98%	0.30%
26	AU small Finance Bank	12,81,931	26.86%	73.10%	0.04%
27	Karur Vysya Bank	11,64,532	35.13%	64.57%	0.30%
28	Fincare Small Finance Bank Ltd	11,17,865	6.97%	92.72%	0.32%
29	Rajasthan Marudhara Gramin Bank	9,79,851	16.05%	82.00%	1.94%
30	Equitas Bank	8,65,483	15.93%	83.57%	0.50%
31	DBS Bank India Limited	8,43,369	25.11%	74.83%	0.06%
32	South Indian Bank	8,17,466	40.43%	59.52%	0.05%
33	Tamilnad Mercantile Bank	6,99,925	26.57%	72.81%	0.63%
34	RBL	6,53,961	11.26%	87.90%	0.84%
35	Jammu and Kashmir Bank	6,49,690	38.57%	60.44%	1.00%
36	City Union Bank	6,31,474	32.72%	66.79%	0.49%
37	Maharashtra Gramin Bank	5,83,611	13.94%	83.94%	2.12%
38	NSDL Payments Bank	5,72,695	9.51%	88.34%	2.15%
39	Andhra Pradesh Grameena Vikas Bank	5,66,434	18.35%	78.83%	2.82%
40	Jio Payments Bank	5,29,299	14.13%	83.78%	2.09%
41	Saraswat Bank	4,81,832	35.59%	64.04%	0.37%
42	Pragathi Krishna Gramin Bank	4,02,348	26.56%	72.47%	0.97%
43	Standard Chartered	3,82,544	59.95%	39.94%	0.10%
44	Andhra Pragathi Grameena Bank	3,81,353	16.83%	77.58%	5.59%
45	UTKARSH SMALL FINANCE BANK LIMITED	3,21,240	15.79%	83.18%	1.03%
46	CHATISGARH R G BANK	3,00,562	12.53%	84.66%	2.81%
47	Karnataka Vikas Grameena Bank	2,84,896	15.13%	78.95%	5.91%
48	Suryoday Small Finance Bank Ltd.	2,84,418	10.82%	86.98%	2.20%
49	Kerala Gramin Bank	2,74,196	33.18%	66.39%	0.43%
50	Indusind Bank M2P	2,59,217	14.16%	85.43%	0.41%

Remarks

Execution refers to the transaction wherein the recurring debit is done on the remitting account.

Glossary

Business Decline (BD) - Transaction decline due to a customer entering an invalid pin, incorrect beneficiary account, insufficient funds 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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.

PSP Wise Registration

UPI Autopay Registration - Payer PSP Performance (Jun'24)
Sr. No.	Payer PSP	Total Volume	Approved %	TD %	BD %
1	Yes Bank Ltd	1,03,08,908	94.30%	5.49%	0.00%
2	Axis Bank Ltd	58,02,259	94.65%	4.94%	0.00%
3	ICICI Bank	45,92,858	95.40%	4.55%	0.00%
4	HDFC Bank Ltd	25,78,689	93.47%	6.47%	0.00%
5	State Bank Of India	15,21,082	87.50%	12.37%	0.00%
6	BHIM	1,09,718	95.19%	4.66%	0.00%
7	Jio Payments Bank	9,510	87.23%	10.34%	0.00%
8	DBS Bank India Limited	2,677	89.35%	10.50%	0.00%
9	IndusInd Bank	1,635	86.73%	10.15%	0.00%
10	Canara Bank	997	77.23%	22.47%	0.00%
11	Central Bank Of India	890	78.65%	21.35%	0.00%
12	Bank of India	147	44.22%	55.78%	0.00%
13	Punjab National Bank	56	25.00%	75.00%	0.00%
14	Dhanlaxmi Bank Ltd	24	66.67%	33.33%	0.00%
15	Equitas Small Finance Bank	0	0.00%	0.00%	0.00%

UPI Autopay Registration - Payee PSP Performance (Jun'24)
Sr. No.	Payee PSP	Total Volume	Approved %	TD %	BD %
1	Yes Bank Ltd	1,05,42,079	97.95%	2.04%	0.00%
2	HDFC Bank Ltd	66,95,907	99.97%	0.03%	0.00%
3	Axis Bank Ltd	28,92,505	99.96%	0.04%	0.00%
4	ICICI Bank	24,09,919	99.41%	0.58%	0.00%
5	IndusInd Bank	6,32,723	99.98%	0.02%	0.00%
6	HSBC Bank	1,49,244	100.00%	0.00%	0.00%
7	IDFC FIRST Bank	44,812	100.00%	0.00%	0.00%
8	Kotak Mahindra Bank	5,991	100.00%	0.00%	0.00%

Glossary

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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
PSP - Payment Service Provider
Payer PSP - Under this function a bank can onboard a customer, create his/ her UPI ID, create device binding which is used as a first factor of Authentication, using this customer can enter their UPI PIN to approve a financial transaction or non-financial request where ever necessary.
Payee PSP - Under this function a bank can onboard a customer/merchant & allow them to receive money basis allocated UPI ID or raise a Collect request. It is also known as beneficiary PSP/resolving PSP.

PSP Wise Execution

UPI Autopay Execution - Payer PSP Performance (Jun'24)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	5,30,91,491	97.42%	2.58%	0.01%
2	Axis Bank Ltd	1,88,19,017	96.55%	3.43%	0.01%
3	ICICI Bank	1,52,83,446	96.45%	3.54%	0.02%
4	HDFC Bank Ltd	84,39,226	92.50%	7.50%	0.00%
5	State Bank Of India	36,51,058	98.35%	1.64%	0.01%
6	BHIM	5,04,915	94.47%	5.53%	0.00%
7	DBS Bank India Limited	17,152	43.63%	56.36%	0.01%
8	Jio Payments Bank	16,930	62.27%	3.49%	34.24%
9	Canara Bank	6,907	99.72%	0.28%	0.00%
10	IndusInd Bank	4,973	43.45%	56.55%	0.00%
11	Bank of Baroda	2,696	99.37%	0.63%	0.00%
12	Central Bank Of India	778	91.00%	8.48%	0.51%
13	Punjab National Bank	140	99.29%	0.71%	0.00%
14	Dhanlaxmi Bank Ltd	69	95.65%	4.35%	0.00%
15	Equitas Small Finance Bank	0	0.00%	0.00%	0.00%

UPI Autopay Execution - Payee PSP Performance (Jun'24)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	5,62,47,329	99.97%	0.02%	0.01%
2	HDFC Bank Ltd	1,60,53,043	99.63%	0.28%	0.09%
3	ICICI Bank	1,17,22,952	99.94%	0.01%	0.05%
4	Axis Bank Ltd	65,04,035	99.88%	0.11%	0.01%
5	IndusInd Bank	52,35,474	97.98%	1.41%	0.61%
6	HSBC Bank	3,27,163	99.81%	0.00%	0.18%
7	IDFC FIRST Bank	2,04,880	100.00%	0.00%	0.00%
8	Kotak Mahindra Bank	50,913	97.92%	0.00%	2.08%

Glossary

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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
PSP - Payment Service Provider
Payer PSP - Under this function a bank can onboard a customer, create his/ her UPI ID, create device binding which is used as a first factor of Authentication, using this customer can enter their UPI PIN to approve a financial transaction or non-financial request where ever necessary.
Payee PSP - Under this function a bank can onboard a customer/merchant & allow them to receive money basis allocated UPI ID or raise a Collect request. It is also known as beneficiary PSP/resolving PSP.

AutoPay Banks Performance (May'24)

AutoPay Remitter Banks - Mandate Registration (May'24)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	60,07,008	99.80%	0.00%	0.20%
2	HDFC Bank Ltd	25,64,501	99.94%	0.00%	0.06%
3	Bank of Baroda	14,71,055	98.31%	0.00%	1.69%
4	ICICI Bank	14,03,370	99.55%	0.00%	0.45%
5	Punjab National Bank	13,49,000	99.11%	0.00%	0.89%
6	Kotak Mahindra Bank	13,45,211	99.69%	0.00%	0.31%
7	Union Bank of India	11,93,260	99.72%	0.00%	0.28%
8	Axis Bank Ltd	11,15,775	99.95%	0.00%	0.05%
9	Canara Bank	9,71,847	97.98%	0.00%	2.02%
10	Bank of India	6,60,714	99.54%	0.00%	0.46%
11	Indian Bank	6,35,042	86.31%	0.00%	13.69%
12	India Post Payment Bank	4,47,868	98.93%	0.00%	1.07%
13	Airtel Payments Bank	4,30,747	99.66%	0.00%	0.34%
14	Federal Bank	3,89,257	98.35%	0.00%	1.65%
15	Central Bank Of India	3,32,351	96.16%	0.00%	3.84%
16	UCO Bank	2,88,627	99.81%	0.00%	0.19%
17	Indian Overseas Bank	2,76,549	99.75%	0.00%	0.25%
18	IDBI Bank Limited	2,60,833	99.70%	0.00%	0.30%
19	IndusInd Bank	2,60,661	96.76%	0.00%	3.24%
20	Bank of Maharashtra	2,10,733	98.14%	0.00%	1.86%
21	Yes Bank Ltd	1,53,566	99.74%	0.00%	0.26%
22	IDFC FIRST Bank	1,40,143	99.10%	0.00%	0.90%
23	Karnataka Bank	1,31,496	98.06%	0.00%	1.94%
24	Karur Vysya Bank	99,204	99.41%	0.00%	0.59%
25	Jammu and Kashmir Bank	94,660	99.68%	0.00%	0.32%
26	South Indian Bank	88,319	99.87%	0.00%	0.13%
27	AU Small Finance bank	87,171	99.89%	0.00%	0.11%
28	Equitas Small Finance Bank	80,630	59.79%	0.00%	40.21%
29	Punjab and Sind Bank	72,126	99.71%	0.00%	0.29%
30	Standard Chartered	66,281	99.83%	0.00%	0.17%
31	City Union Bank	62,472	99.81%	0.00%	0.19%
32	DBS Bank Ltd	52,871	99.54%	0.00%	0.46%
33	Tamilnad Mercantile Bank	45,167	99.50%	0.00%	0.50%
34	Saraswat Bank	42,808	99.69%	0.00%	0.31%
35	Jio Payments Bank	41,089	99.73%	0.00%	0.27%
36	Rajasthan Marudhara Gramin Bank	39,003	99.79%	0.00%	0.21%
37	Fincare Small Finance Bank	32,864	99.89%	0.00%	0.11%
38	Kerala Gramin Bank	31,215	99.38%	0.00%	0.62%
39	Andhra Pradesh Grameena Vikas Bank	29,572	99.57%	0.00%	0.43%
40	HSBC Bank	28,071	99.53%	0.00%	0.47%
41	NSDL Payments Bank	27,892	91.53%	0.00%	8.47%
42	Pragathi Krishna Gramin Bank	24,615	82.34%	0.00%	17.66%
43	RBL Bank	23,818	98.93%	0.00%	1.07%
44	Maharashtra Gramin Bank	23,584	99.89%	0.00%	0.11%
45	Andhra Pragathi Grameena Bank	23,491	99.99%	0.00%	0.01%
46	Cosmos Bank	22,588	90.68%	0.00%	9.32%
47	TJSB Sahakari Bank Ltd	15,707	99.94%	0.00%	0.06%
48	DCB Bank Ltd	14,556	99.68%	0.00%	0.32%
49	Karnataka Vikas Grameena Bank	12,753	99.89%	0.00%	0.11%
50	Catholic Syrian Bank	12,631	98.35%	0.00%	1.65%

Remarks

Mandate Registration refers to the transaction wherein the consumer creates a recurring mandate against consumers account for the payments which are recurring in nature. For example: Utility bill payments, insurance premium etc.

AutoPay Remitter Banks - Mandate Execution (May'24)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	7,43,66,676	31.94%	67.07%	0.98%
2	Kotak Mahindra Bank	2,44,99,764	22.09%	77.57%	0.35%
3	HDFC BANK LTD	2,24,12,845	45.03%	54.82%	0.16%
4	Bank of Baroda	2,17,77,570	27.26%	72.33%	0.41%
5	Union Bank of India	1,99,78,345	25.17%	74.58%	0.26%
6	Punjab National Bank	1,92,68,641	27.98%	71.56%	0.46%
7	Canara Bank	1,27,84,156	30.49%	68.31%	1.20%
8	Axis Bank Ltd.	1,21,81,188	36.81%	63.17%	0.02%
9	India Post Payment Bank	1,12,05,187	9.24%	90.07%	0.69%
10	ICICI Bank	1,08,72,073	49.31%	50.64%	0.05%
11	Bank of India	1,01,80,328	28.29%	70.63%	1.07%
12	Indian Bank	97,23,143	24.18%	75.34%	0.48%
13	Paytm Payments Bank	73,27,248	0.23%	99.37%	0.39%
14	Federal Bank	54,62,267	23.60%	75.96%	0.44%
15	INDUSIND BANK	52,98,806	21.81%	77.72%	0.47%
16	Central Bank Of India	50,56,554	26.74%	71.91%	1.35%
17	UCO Bank	42,15,052	24.17%	75.62%	0.21%
18	Indian Overseas Bank	36,31,239	29.23%	70.49%	0.28%
19	IDBI Bank Limited	30,56,754	31.54%	68.10%	0.36%
20	Bank of Maharashtra	30,20,623	27.30%	70.43%	2.26%
21	IDFC First Bank	25,93,129	23.55%	76.19%	0.25%
22	Yes Bank Ltd	23,65,556	22.54%	77.21%	0.24%
23	Airtel Payments Bank	19,38,053	21.92%	75.60%	2.48%
24	Karnataka Bank	19,35,413	31.38%	68.36%	0.26%
25	Punjab and Sind Bank	12,70,482	21.85%	77.75%	0.40%
26	AU small Finance Bank	12,05,454	26.12%	73.58%	0.30%
27	Karur Vysya Bank	10,91,573	36.66%	63.05%	0.29%
28	Fincare Small Finance Bank Ltd	10,70,333	7.28%	92.43%	0.29%
29	Rajasthan Marudhara Gramin Bank	8,98,857	16.33%	81.33%	2.34%
30	DBS Bank India Limited	8,17,359	24.84%	74.92%	0.23%
31	Equitas Bank	8,13,633	16.29%	83.54%	0.16%
32	South Indian Bank	7,42,664	42.09%	57.82%	0.10%
33	Tamilnad Mercantile Bank	6,77,826	26.50%	73.22%	0.28%
34	RBL	6,13,381	10.99%	88.19%	0.82%
35	City Union Bank	6,06,611	32.73%	66.87%	0.40%
36	Andhra Pradesh Grameena Vikas Bank	5,60,164	18.14%	79.56%	2.30%
37	Maharashtra Gramin Bank	5,24,407	14.09%	83.93%	1.99%
38	Jammu and Kashmir Bank	5,02,263	38.96%	60.26%	0.78%
39	NSDL Payments Bank	4,71,643	9.89%	87.67%	2.44%
40	Jio Payments Bank	4,48,513	14.70%	83.72%	1.58%
41	Saraswat Bank	4,35,194	36.61%	63.00%	0.39%
42	Pragathi Krishna Gramin Bank	3,81,368	25.48%	72.70%	1.82%
43	Standard Chartered	3,53,100	59.11%	40.69%	0.20%
44	Andhra Pragathi Grameena Bank	3,38,420	18.77%	75.97%	5.27%
45	UTKARSH SMALL FINANCE BANK LIMITED	3,03,186	15.50%	84.13%	0.37%
46	CHATISGARH R G BANK	2,97,708	12.21%	85.71%	2.09%
47	Suryoday Small Finance Bank Ltd.	2,60,436	11.23%	88.21%	0.55%
48	Karnataka Vikas Grameena Bank	2,59,043	15.10%	79.09%	5.82%
49	Kerala Gramin Bank	2,44,846	33.24%	65.25%	1.51%
50	Indusind Bank M2P	2,19,845	13.00%	86.41%	0.59%

Remarks

Execution refers to the transaction wherein the recurring debit is done on the remitting account.

Glossary

Business Decline (BD) - Transaction decline due to a customer entering an invalid pin, incorrect beneficiary account, insufficient funds 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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.

PSP Wise Registration

UPI Autopay Registration - Payer PSP Performance (May'24)
Sr. No.	Payer PSP	Total Volume	Approved %	TD %	BD %
1	Yes Bank Ltd	1,04,64,328	93.61%	5.74%	0.00%
2	Axis Bank Ltd	55,74,243	93.85%	5.49%	0.00%
3	ICICI Bank	44,14,545	94.33%	5.45%	0.00%
4	HDFC Bank Ltd	24,24,847	92.23%	7.56%	0.00%
5	State Bank Of India	13,88,735	85.78%	14.02%	0.00%
6	BHIM	1,30,302	94.61%	5.08%	0.00%
7	Jio Payments Bank	11,598	89.18%	8.54%	0.00%
8	DBS Bank India Limited	3,139	90.83%	9.14%	0.00%
9	Canara Bank	2,430	91.56%	8.15%	0.00%
10	IndusInd Bank	1,124	86.57%	11.65%	0.00%
11	Central Bank Of India	967	76.22%	23.78%	0.00%
12	Punjab National Bank	59	23.73%	76.27%	0.00%
13	Bank of India	229	75.98%	24.02%	0.00%
14	Dhanlaxmi Bank Ltd	16	56.25%	25.00%	0.00%
15	Equitas Small Finance Bank	1	100.00%	0.00%	0.00%

UPI Autopay Registration - Payee PSP Performance (May'24)
Sr. No.	Payee PSP	Total Volume	Approved %	TD %	BD %
1	Yes Bank Ltd	1,23,05,371	97.12%	2.56%	0.00%
2	HDFC Bank Ltd	64,74,154	99.99%	0.01%	0.00%
3	Axis Bank Ltd	31,43,088	99.62%	0.38%	0.00%
4	ICICI Bank	25,75,705	99.39%	0.59%	0.00%
5	IndusInd Bank	5,44,173	99.99%	0.01%	0.00%
6	HSBC Bank	1,43,150	100.00%	0.00%	0.00%
7	IDFC FIRST Bank	56,349	100.00%	0.00%	0.00%
8	Kotak Mahindra Bank	1,040	100.00%	0.00%	0.00%

Glossary

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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
PSP - Payment Service Provider
Payer PSP - Under this function a bank can onboard a customer, create his/ her UPI ID, create device binding which is used as a first factor of Authentication, using this customer can enter their UPI PIN to approve a financial transaction or non-financial request where ever necessary.
Payee PSP - Under this function a bank can onboard a customer/merchant & allow them to receive money basis allocated UPI ID or raise a Collect request. It is also known as beneficiary PSP/resolving PSP.

PSP Wise Execution

UPI Autopay Execution - Payer PSP Performance (May'24)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	5,07,92,835	97.65%	2.34%	0.01%
2	Axis Bank Ltd	1,67,26,688	96.22%	3.77%	0.01%
3	ICICI Bank	1,39,31,494	96.18%	3.82%	0.01%
4	HDFC Bank Ltd	73,15,474	94.18%	5.82%	0.00%
5	State Bank Of India	33,19,971	94.35%	5.65%	0.00%
6	BHIM	5,07,114	90.67%	9.33%	0.00%
7	DBS Bank India Limited	17,585	42.55%	57.45%	0.01%
8	Jio Payments Bank	15,785	74.96%	2.39%	22.65%
9	Canara Bank	7,718	98.37%	1.63%	0.00%
10	IndusInd Bank	3,410	42.64%	57.36%	0.00%
11	Bank of Baroda	2,419	98.93%	1.07%	0.00%
12	Central Bank Of India	757	91.55%	8.32%	0.13%
13	Punjab National Bank	122	99.18%	0.82%	0.00%
14	Dhanlaxmi Bank Ltd	57	100.00%	0.00%	0.00%
15	Equitas Small Finance Bank	1	100.00%	0.00%	0.00%

UPI Autopay Execution - Payee PSP Performance (May'24)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	5,37,62,025	99.94%	0.05%	0.02%
2	HDFC Bank Ltd	1,35,81,717	99.66%	0.32%	0.03%
3	ICICI Bank	1,12,16,184	99.96%	0.01%	0.02%
4	Axis Bank Ltd	64,07,415	99.90%	0.10%	0.00%
5	IndusInd Bank	40,16,550	99.04%	0.00%	0.96%
6	HSBC Bank	2,44,898	99.88%	0.00%	0.12%
7	IDFC FIRST Bank	1,89,835	100.00%	0.00%	0.00%
8	Kotak Mahindra Bank	37,696	99.99%	0.00%	0.01%

Glossary

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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
PSP - Payment Service Provider
Payer PSP - Under this function a bank can onboard a customer, create his/ her UPI ID, create device binding which is used as a first factor of Authentication, using this customer can enter their UPI PIN to approve a financial transaction or non-financial request where ever necessary.
Payee PSP - Under this function a bank can onboard a customer/merchant & allow them to receive money basis allocated UPI ID or raise a Collect request. It is also known as beneficiary PSP/resolving PSP.

AutoPay Banks Performance (Apr'24)

AutoPay Remitter Banks - Mandate Registration (Apr'24)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	46,34,900	99.20%	0.00%	0.80%
2	HDFC Bank Ltd	19,62,731	99.96%	0.00%	0.04%
3	Bank of Baroda	11,17,170	98.66%	0.00%	1.34%
4	Punjab National Bank	10,72,080	95.97%	0.00%	4.03%
5	ICICI Bank	10,52,122	99.32%	0.00%	0.68%
6	Kotak Mahindra Bank	10,36,887	99.02%	0.00%	0.98%
7	Union Bank of India	9,28,345	99.76%	0.00%	0.24%
8	Axis Bank Ltd	8,45,420	99.83%	0.00%	0.17%
9	Canara Bank	7,51,859	99.22%	0.00%	0.78%
10	Bank of India	4,93,948	99.69%	0.00%	0.31%
11	Indian Bank	4,59,536	99.66%	0.00%	0.34%
12	India Post Payment Bank	3,50,960	97.29%	0.00%	2.71%
13	Federal Bank	3,24,485	99.24%	0.00%	0.76%
14	Central Bank Of India	2,83,884	90.34%	0.00%	9.66%
15	IDBI Bank Limited	2,31,037	78.48%	0.00%	21.52%
16	UCO Bank	2,28,285	98.94%	0.00%	1.06%
17	Indian Overseas Bank	2,21,524	99.37%	0.00%	0.63%
18	IndusInd Bank	2,10,639	93.40%	0.00%	6.60%
19	Bank of Maharashtra	1,54,965	99.16%	0.00%	0.84%
20	Yes Bank Ltd	1,15,976	99.00%	0.00%	1.00%
21	Airtel Payments Bank	1,07,851	76.36%	0.00%	23.64%
22	Karnataka Bank	1,04,646	92.70%	0.00%	7.30%
23	IDFC FIRST Bank	1,03,182	99.51%	0.00%	0.49%
24	Karur Vysya Bank	79,187	99.16%	0.00%	0.84%
25	Jammu and Kashmir Bank	77,740	99.87%	0.00%	0.13%
26	South Indian Bank	76,884	99.96%	0.00%	0.04%
27	Equitas Small Finance Bank	69,149	49.38%	0.00%	50.62%
28	AU Small Finance bank	65,859	99.80%	0.00%	0.20%
29	Punjab and Sind Bank	60,105	90.91%	0.00%	9.09%
30	City Union Bank	50,846	99.75%	0.00%	0.25%
31	Standard Chartered	49,918	99.85%	0.00%	0.15%
32	DBS Bank Ltd	41,419	99.82%	0.00%	0.18%
33	Tamilnad Mercantile Bank	36,939	99.00%	0.00%	1.00%
34	Saraswat Bank	31,090	99.66%	0.00%	0.34%
35	Kerala Gramin Bank	30,076	99.45%	0.00%	0.55%
36	Fincare Small Finance Bank	29,302	99.91%	0.00%	0.09%
37	Jio Payments Bank	28,777	99.91%	0.00%	0.09%
38	Rajasthan Marudhara Gramin Bank	27,900	99.87%	0.00%	0.13%
39	Andhra Pradesh Grameena Vikas Bank	23,059	99.28%	0.00%	0.72%
40	NSDL Payments Bank	22,665	91.21%	0.00%	8.79%
41	HSBC Bank	20,825	99.38%	0.00%	0.62%
42	RBL Bank	18,721	99.05%	0.00%	0.95%
43	Andhra Pragathi Grameena Bank	18,610	99.77%	0.00%	0.23%
44	Maharashtra Gramin Bank	18,313	99.50%	0.00%	0.50%
45	Pragathi Krishna Gramin Bank	17,671	90.93%	0.00%	9.07%
46	Cosmos Bank	16,009	94.85%	0.00%	5.15%
47	TJSB Sahakari Bank Ltd	11,274	99.55%	0.00%	0.45%
48	DCB Bank Ltd	10,810	99.82%	0.00%	0.18%
49	Catholic Syrian Bank	10,799	96.39%	0.00%	3.61%
50	Karnataka Vikas Grameena Bank	10,003	99.63%	0.00%	0.37%

Remarks

Mandate Registration refers to the transaction wherein the consumer creates a recurring mandate against consumers account for the payments which are recurring in nature. For example: Utility bill payments, insurance premium etc.

AutoPay Remitter Banks - Mandate Execution (Apr'24)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	6,42,75,989	31.95%	66.61%	1.44%
2	Kotak Mahindra Bank	2,10,10,379	22.39%	76.26%	1.35%
3	HDFC BANK LTD	1,92,87,792	44.99%	54.91%	0.09%
4	Bank of Baroda	1,87,73,855	26.83%	72.27%	0.90%
5	Union Bank of India	1,72,55,328	25.13%	72.57%	2.30%
6	Punjab National Bank	1,66,18,344	27.56%	71.29%	1.15%
7	Canara Bank	1,10,58,466	30.41%	68.62%	0.98%
8	Axis Bank Ltd.	1,03,36,976	37.31%	62.65%	0.03%
9	ICICI Bank	93,48,147	49.39%	50.47%	0.13%
10	Bank of India	87,64,021	28.29%	71.08%	0.63%
11	India Post Payment Bank	86,53,291	9.47%	87.87%	2.66%
12	Indian Bank	84,72,546	24.48%	75.28%	0.24%
13	PTI	78,65,025	0.46%	98.93%	0.61%
14	Federal Bank	48,06,371	24.02%	75.92%	0.06%
15	INDUSIND BANK	45,68,396	22.39%	76.70%	0.91%
16	Central Bank Of India	43,02,281	26.91%	70.62%	2.47%
17	UCO Bank	35,75,474	23.32%	75.79%	0.88%
18	Indian Overseas Bank	31,28,666	29.29%	69.89%	0.82%
19	Bank of Maharashtra	26,45,584	26.69%	72.21%	1.11%
20	IDBI Bank Limited	26,10,545	30.82%	68.04%	1.15%
21	IDC	23,01,952	23.31%	75.19%	1.50%
22	Yes Bank Ltd	20,21,720	22.81%	75.95%	1.24%
23	Karnataka Bank	16,51,862	31.66%	67.60%	0.74%
24	Punjab and Sind Bank	11,21,393	20.06%	67.52%	12.42%
25	AU small Finance Bank	10,01,378	26.62%	72.99%	0.39%
26	Karur Vysya Bank	9,85,667	36.41%	63.15%	0.44%
27	Fincare Small Finance Bank Ltd	9,48,400	7.45%	92.26%	0.29%
28	Rajasthan Marudhara Gramin Bank	7,73,185	16.14%	82.70%	1.16%
29	DBS Bank India Limited	7,39,703	24.70%	74.44%	0.85%
30	Equitas Bank	7,30,143	15.86%	84.13%	0.01%
31	South Indian Bank	6,40,579	43.02%	56.89%	0.09%
32	Tamilnad Mercantile Bank	5,97,527	26.48%	73.17%	0.35%
33	City Union Bank	5,34,751	31.33%	68.40%	0.27%
34	RBL	5,29,868	10.83%	88.59%	0.58%
35	Andhra Pradesh Grameena Vikas Bank	5,06,563	17.92%	79.91%	2.17%
36	Maharashtra Gramin Bank	4,39,654	14.00%	84.15%	1.84%
37	NSDL Payments Bank	3,89,488	9.69%	86.68%	3.63%
38	Saraswat Bank	3,69,705	36.33%	63.07%	0.60%
39	Jio Payments Bank	3,33,395	14.13%	83.87%	1.99%
40	Pragathi Krishna Gramin Bank	3,29,522	25.63%	72.27%	2.10%
41	Andhra Pragathi Grameena Bank	3,00,625	17.79%	76.93%	5.28%
42	Standard Chartered	2,97,164	58.82%	41.04%	0.14%
43	Jammu and Kashmir Bank	2,75,305	45.20%	54.12%	0.68%
44	CHATISGARH R G BANK	2,68,859	12.10%	86.67%	1.23%
45	UTKARSH SMALL FINANCE BANK LIMITED	2,52,225	15.91%	82.60%	1.49%
46	Suryoday Small Finance Bank Ltd.	2,31,708	11.11%	88.59%	0.31%
47	Karnataka Vikas Grameena Bank	2,21,692	14.88%	75.14%	9.98%
48	Telangana Grameena bank	1,97,125	20.92%	76.87%	2.20%
49	Kerala Gramin Bank	1,96,653	35.40%	63.58%	1.02%
50	TJSB Sahakari Bank Ltd	1,67,438	30.94%	67.70%	1.36%

Remarks

Execution refers to the transaction wherein the recurring debit is done on the remitting account.

Glossary

Business Decline (BD) - Transaction decline due to a customer entering an invalid pin, incorrect beneficiary account, insufficient funds 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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.

PSP Wise Registration

UPI Autopay Registration - Payer PSP Performance (Apr'24)
Sr. No.	Payer PSP	Total Volume	Approved %	TD %	BD %
1	Yes Bank Ltd	54,92,223	94.49%	5.34%	0.00%
2	Axis Bank Ltd	41,58,414	93.76%	5.83%	0.00%
3	ICICI Bank	31,50,004	94.12%	5.76%	0.00%
4	Paytm Payments Bank	29,32,093	93.74%	5.92%	0.00%
5	HDFC Bank Ltd	17,47,852	91.45%	8.47%	0.00%
6	State Bank Of India	11,31,072	85.67%	14.25%	0.00%
7	BHIM	1,21,151	85.73%	14.03%	0.00%
8	Jio Payments Bank	7,289	86.18%	12.77%	0.00%
9	DBS Bank India Limited	2,502	91.69%	8.27%	0.00%
10	Canara Bank	1,867	94.75%	4.66%	0.00%
11	Central Bank Of India	782	78.01%	21.36%	0.00%
12	IndusInd Bank	780	75.38%	24.62%	0.00%
13	Punjab National Bank	182	13.19%	86.81%	0.00%
14	Bank of India	164	66.46%	33.54%	0.00%
15	Dhanlaxmi Bank Ltd	13	15.38%	69.23%	0.00%
16	Equitas Small Finance Bank	1	100.00%	0.00%	0.00%

UPI Autopay Registration - Payee PSP Performance (Apr'24)
Sr. No.	Payee PSP	Total Volume	Approved %	TD %	BD %
1	Yes Bank Ltd	52,44,956	96.56%	3.38%	0.00%
2	HDFC Bank Ltd	44,91,092	99.98%	0.02%	0.00%
3	Axis Bank Ltd	24,42,098	99.91%	0.09%	0.00%
4	Paytm Payments Bank	23,24,593	95.49%	4.37%	0.00%
5	ICICI Bank	22,80,015	99.59%	0.40%	0.00%
6	IndusInd Bank	7,03,895	99.95%	0.05%	0.00%
7	HSBC Bank	1,21,850	100.00%	0.00%	0.00%
8	IDFC FIRST Bank	48,481	100.00%	0.00%	0.00%
9	Kotak Mahindra Bank	10,893	99.99%	0.01%	0.00%

Glossary

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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
PSP - Payment Service Provider
Payer PSP - Under this function a bank can onboard a customer, create his/ her UPI ID, create device binding which is used as a first factor of Authentication, using this customer can enter their UPI PIN to approve a financial transaction or non-financial request where ever necessary.
Payee PSP - Under this function a bank can onboard a customer/merchant & allow them to receive money basis allocated UPI ID or raise a Collect request. It is also known as beneficiary PSP/resolving PSP.

PSP Wise Execution

UPI Autopay Execution - Payer PSP Performance (Apr'24)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	2,62,62,003	97.60%	2.39%	0.01%
2	Paytm Payments Bank	1,86,48,370	99.29%	0.71%	0.00%
3	Axis Bank Ltd	1,37,75,340	94.49%	5.51%	0.01%
4	ICICI Bank	1,17,65,202	93.76%	6.23%	0.01%
5	HDFC Bank Ltd	58,51,776	94.42%	5.58%	0.00%
6	State Bank Of India	26,97,083	96.55%	3.45%	0.00%
7	BHIM	4,55,510	90.09%	9.91%	0.00%
8	Jio Payments Bank	15,651	47.25%	1.59%	51.16%
9	DBS Bank India Limited	14,100	48.30%	51.67%	0.03%
10	Canara Bank	6,583	99.47%	0.53%	0.00%
11	IndusInd Bank	2,685	39.59%	60.41%	0.00%
12	Bank of Baroda	2,197	98.18%	1.64%	0.18%
13	Central Bank Of India	621	94.20%	5.80%	0.00%
14	Punjab National Bank	164	99.39%	0.61%	0.00%
15	Dhanlaxmi Bank Ltd	55	90.91%	9.09%	0.00%
16	Equitas Small Finance Bank	1	100.00%	0.00%	0.00%

UPI Autopay Execution - Payee PSP Performance (Apr'24)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	3,00,15,080	99.98%	0.01%	0.02%
2	Paytm Payments Bank	1,69,69,412	99.84%	0.15%	0.01%
3	HDFC Bank Ltd	1,05,84,934	99.83%	0.15%	0.02%
4	ICICI Bank	1,00,42,112	99.38%	0.61%	0.01%
5	Axis Bank Ltd	53,17,617	99.90%	0.10%	0.00%
6	IndusInd Bank	35,63,361	97.84%	0.31%	1.86%
7	IDFC FIRST Bank	1,58,068	99.96%	0.00%	0.04%
8	HSBC Bank	1,54,537	99.79%	0.01%	0.20%
9	Kotak Mahindra Bank	40,548	99.24%	0.01%	0.75%

Glossary

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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
PSP - Payment Service Provider
Payer PSP - Under this function a bank can onboard a customer, create his/ her UPI ID, create device binding which is used as a first factor of Authentication, using this customer can enter their UPI PIN to approve a financial transaction or non-financial request where ever necessary.
Payee PSP - Under this function a bank can onboard a customer/merchant & allow them to receive money basis allocated UPI ID or raise a Collect request. It is also known as beneficiary PSP/resolving PSP.

AutoPay Banks Performance (Mar'24)

AutoPay Remitter Banks - Mandate Registration (Mar'24)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	39,16,231	99.61%	0.39%	0.00%
2	HDFC Bank Ltd	16,78,225	99.95%	0.05%	0.00%
3	ICICI Bank	9,02,223	99.27%	0.73%	0.00%
4	Bank of Baroda	8,92,157	98.81%	1.19%	0.00%
5	Punjab National Bank	8,65,304	99.92%	0.08%	0.00%
6	Kotak Mahindra Bank	8,60,384	99.87%	0.13%	0.00%
7	Union Bank of India	7,82,568	99.94%	0.06%	0.00%
8	Axis Bank Ltd	7,22,253	99.87%	0.13%	0.00%
9	Canara Bank	6,26,275	98.81%	1.19%	0.00%
10	Bank of India	4,17,072	99.53%	0.47%	0.00%
11	Indian Bank	3,82,490	98.92%	1.08%	0.00%
12	India Post Payment Bank	3,02,043	94.85%	5.15%	0.00%
13	Federal Bank	2,81,630	99.44%	0.56%	0.00%
14	Central Bank Of India	2,57,897	90.98%	9.02%	0.00%
15	IDBI Bank Limited	2,14,120	75.79%	24.21%	0.00%
16	UCO Bank	1,90,208	99.49%	0.51%	0.00%
17	Indian Overseas Bank	1,83,330	99.24%	0.76%	0.00%
18	IndusInd Bank	1,71,623	99.55%	0.45%	0.00%
19	Bank of Maharashtra	1,34,891	97.46%	2.54%	0.00%
20	IDFC FIRST Bank	1,05,517	99.97%	0.03%	0.00%
21	Yes Bank Ltd	97,989	99.22%	0.78%	0.00%
22	Karnataka Bank	86,492	98.71%	1.29%	0.00%
23	Karur Vysya Bank	68,155	97.42%	2.58%	0.00%
24	South Indian Bank	65,790	99.95%	0.05%	0.00%
25	Equitas Small Finance Bank	60,845	55.88%	44.12%	0.00%
26	AU Small Finance bank	56,621	99.78%	0.22%	0.00%
27	Punjab and Sind Bank	48,420	98.27%	1.73%	0.00%
28	City Union Bank	46,299	99.92%	0.08%	0.00%
29	Standard Chartered	44,604	99.90%	0.10%	0.00%
30	Jammu and Kashmir Bank	41,605	99.84%	0.16%	0.00%
31	DBS Bank Ltd	37,640	99.84%	0.16%	0.00%
32	Tamilnad Mercantile Bank	31,459	99.06%	0.94%	0.00%
33	Fincare Small Finance Bank	26,285	99.88%	0.12%	0.00%
34	Rajasthan Marudhara Gramin Bank	25,524	98.63%	1.37%	0.00%
35	Saraswat Bank	24,738	99.72%	0.28%	0.00%
36	Kerala Gramin Bank	21,994	99.60%	0.40%	0.00%
37	Jio Payments Bank	21,825	99.96%	0.04%	0.00%
38	Andhra Pradesh Grameena Vikas Bank	20,749	97.77%	2.23%	0.00%
39	HSBC Bank	18,634	98.99%	1.01%	0.00%
40	RBL Bank	16,648	94.58%	5.42%	0.00%
41	Maharashtra Gramin Bank	16,636	99.98%	0.02%	0.00%
42	NSDL Payments Bank	16,106	90.62%	9.38%	0.00%
43	Pragathi Krishna Gramin Bank	15,478	93.73%	6.27%	0.00%
44	Andhra Pragathi Grameena Bank	14,945	99.83%	0.17%	0.00%
45	Cosmos Bank	14,257	83.99%	16.01%	0.00%
46	DCB Bank Ltd	9,020	99.49%	0.51%	0.00%
47	TJSB Sahakari Bank Ltd	8,945	99.73%	0.27%	0.00%
48	Catholic Syrian Bank	8,925	97.31%	2.69%	0.00%
49	Dhanlaxmi Bank Ltd	7,969	99.49%	0.51%	0.00%
50	Karnataka Vikas Grameena Bank	7,908	99.87%	0.13%	0.00%

Remarks

Mandate Registration refers to the transaction wherein the consumer creates a recurring mandate against consumers account for the payments which are recurring in nature. For example: Utility bill payments, insurance premium etc.

AutoPay Remitter Banks - Mandate Execution (Mar'24)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	5,43,30,625	34.64%	64.54%	0.82%
2	Kotak Mahindra Bank	1,71,99,887	24.82%	75.08%	0.11%
3	HDFC BANK LTD	1,65,40,489	48.99%	50.91%	0.10%
4	Bank of Baroda	1,55,06,602	28.95%	70.74%	0.31%
5	Union Bank of India	1,43,19,691	27.68%	71.19%	1.13%
6	Punjab National Bank	1,36,22,148	30.68%	69.16%	0.16%
7	Canara Bank	89,88,606	33.84%	65.36%	0.80%
8	Axis Bank Ltd.	87,61,950	40.60%	59.38%	0.03%
9	ICICI Bank	82,60,623	53.23%	46.61%	0.16%
10	India Post Payment Bank	75,31,587	11.03%	85.07%	3.90%
11	Bank of India	73,59,446	30.54%	68.81%	0.66%
12	Indian Bank	69,56,014	26.88%	72.58%	0.54%
13	PTI	68,90,219	1.14%	98.62%	0.24%
14	Paytm Payments Bank	57,28,830	6.68%	93.19%	0.13%
15	Federal Bank	40,40,011	26.32%	73.56%	0.11%
16	INDUSIND BANK	36,97,914	25.08%	74.22%	0.71%
17	Central Bank Of India	36,35,671	28.82%	68.89%	2.29%
18	UCO Bank	29,12,748	25.60%	73.09%	1.31%
19	IDBI Bank Limited	27,23,327	26.69%	72.90%	0.41%
20	Indian Overseas Bank	25,65,677	31.63%	67.24%	1.13%
21	Bank of Maharashtra	21,49,455	29.33%	68.27%	2.40%
22	IDC	19,44,677	26.73%	72.43%	0.83%
23	Yes Bank Ltd	16,72,697	25.54%	73.94%	0.52%
24	Karnataka Bank	13,54,539	35.49%	63.92%	0.59%
25	Punjab and Sind Bank	9,06,670	23.76%	73.15%	3.09%
26	Karur Vysya Bank	8,17,599	39.19%	54.57%	6.23%
27	AU small Finance Bank	7,66,046	30.35%	69.33%	0.32%
28	Fincare Small Finance Bank Ltd	7,61,859	8.75%	91.03%	0.21%
29	Equitas Bank	6,78,013	16.77%	83.19%	0.04%
30	Rajasthan Marudhara Gramin Bank	6,34,603	17.91%	79.00%	3.10%
31	DBS Bank India Limited	6,30,612	27.84%	71.09%	1.06%
32	City Union Bank	5,84,288	23.97%	75.56%	0.47%
33	South Indian Bank	5,18,192	46.62%	53.37%	0.02%
34	Tamilnad Mercantile Bank	4,76,260	30.16%	68.34%	1.50%
35	RBL	4,48,731	10.74%	82.40%	6.86%
36	Andhra Pradesh Grameena Vikas Bank	4,19,092	20.42%	76.95%	2.63%
37	Maharashtra Gramin Bank	3,67,795	15.28%	83.12%	1.60%
38	Saraswat Bank	3,08,110	39.72%	60.01%	0.27%
39	NSDL Payments Bank	3,05,937	10.50%	88.32%	1.18%
40	Pragathi Krishna Gramin Bank	2,69,276	27.72%	71.37%	0.91%
41	Standard Chartered	2,62,306	61.72%	38.18%	0.10%
42	Jio Payments Bank	2,59,803	14.27%	84.51%	1.22%
43	Andhra Pragathi Grameena Bank	2,47,206	19.59%	77.13%	3.28%
44	CHATISGARH R G BANK	2,29,943	14.19%	82.97%	2.84%
45	UTKARSH SMALL FINANCE BANK LIMITED	2,09,624	16.53%	82.25%	1.22%
46	Karnataka Vikas Grameena Bank	1,84,788	16.69%	77.51%	5.79%
47	Suryoday Small Finance Bank Ltd.	1,81,125	13.08%	86.72%	0.21%
48	Telangana Grameena bank	1,61,309	23.68%	75.45%	0.87%
49	Kerala Gramin Bank	1,50,004	36.77%	62.53%	0.70%
50	TJSB Sahakari Bank Ltd	1,35,770	34.41%	64.84%	0.74%

Remarks

Execution refers to the transaction wherein the recurring debit is done on the remitting account.

Glossary

Business Decline (BD) - Transaction decline due to a customer entering an invalid pin, incorrect beneficiary account, insufficient funds 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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.

PSP Wise Registration

UPI Autopay Registration - Payer PSP Performance (Mar'24)
Sr. No.	Payer PSP	Total Volume	Approved %	BD%	TD%
1	Yes Bank Ltd	47,68,237	93.18%	6.65%	0.00%
2	Axis Bank Ltd	34,79,213	92.83%	6.80%	0.00%
3	ICICI Bank	26,61,105	93.14%	6.59%	0.00%
4	Paytm Payments Bank	24,12,905	90.82%	8.67%	0.00%
5	HDFC Bank Ltd	14,88,958	90.48%	9.31%	0.00%
6	State Bank Of India	10,60,083	86.03%	13.88%	0.00%
7	BHIM	1,21,820	90.53%	9.13%	0.00%
8	Jio Payments Bank	7,944	86.87%	10.37%	0.00%
9	DBS Bank India Limited	2,494	94.83%	5.09%	0.00%
10	Canara Bank	1,624	92.06%	7.02%	0.00%
11	IndusInd Bank	901	76.80%	23.20%	0.00%
12	Central Bank Of India	616	79.22%	20.62%	0.00%
13	Bank of India	205	74.63%	23.90%	0.00%
14	Dhanlaxmi Bank Ltd	17	64.71%	23.53%	0.00%
15	Punjab National Bank	13	69.23%	30.77%	0.00%
16	Equitas Small Finance Bank	4	100.00%	0.00%	0.00%

UPI Autopay Registration - Payee PSP Performance (Mar'24)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	37,71,302	96.28%	3.58%	0.00%
2	HDFC Bank Ltd	32,21,797	99.94%	0.06%	0.00%
3	ICICI Bank	30,07,260	99.82%	0.18%	0.00%
4	Axis Bank Ltd	22,90,947	99.84%	0.16%	0.00%
5	Paytm Payments Bank	19,19,410	93.30%	6.47%	0.00%
6	IndusInd Bank	6,56,395	99.94%	0.06%	0.00%
7	HSBC Bank	1,09,883	100.00%	0.00%	0.00%
8	IDFC FIRST Bank	37,610	100.00%	0.00%	0.00%
9	Kotak Mahindra Bank	10,789	100.00%	0.00%	0.00%

Glossary

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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
PSP - Payment Service Provider
Payer PSP - Under this function a bank can onboard a customer, create his/ her UPI ID, create device binding which is used as a first factor of Authentication, using this customer can enter their UPI PIN to approve a financial transaction or non-financial request where ever necessary.
Payee PSP - Under this function a bank can onboard a customer/merchant & allow them to receive money basis allocated UPI ID or raise a Collect request. It is also known as beneficiary PSP/resolving PSP.

PSP Wise Execution

UPI Autopay Execution - Payer PSP Performance (Mar'24)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	2,46,49,756	98.29%	1.70%	0.01%
2	Paytm Payments Bank	1,71,60,797	98.82%	1.18%	0.00%
3	Axis Bank Ltd	1,19,33,209	96.89%	3.10%	0.01%
4	ICICI Bank	1,04,73,971	96.21%	3.78%	0.01%
5	HDFC Bank Ltd	51,71,076	97.02%	2.97%	0.01%
6	State Bank Of India	25,57,434	95.88%	4.12%	0.00%
7	BHIM	3,65,870	89.95%	10.05%	0.00%
8	Jio Payments Bank	20,963	37.17%	1.16%	61.67%
9	DBS Bank India Limited	13,693	52.17%	47.81%	0.03%
10	Canara Bank	6,214	99.18%	0.82%	0.00%
11	IndusInd Bank	2,501	44.78%	55.22%	0.00%
12	Bank of India	1,532	43.08%	56.92%	0.00%
13	Central Bank Of India	480	87.92%	12.08%	0.00%
14	Punjab National Bank	168	100.00%	0.00%	0.00%
15	Dhanlaxmi Bank Ltd	68	100.00%	0.00%	0.00%
16	Equitas Small Finance Bank	3	100.00%	0.00%	0.00%

UPI Autopay Execution - Payee PSP Performance (Mar'24)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	2,78,87,168	99.96%	0.00%	0.04%
2	Paytm Payments Bank	1,53,46,278	99.87%	0.13%	0.01%
3	ICICI Bank	1,06,50,415	99.68%	0.15%	0.17%
4	HDFC Bank Ltd	89,46,560	99.89%	0.11%	0.00%
5	Axis Bank Ltd	48,47,807	99.88%	0.11%	0.01%
6	IndusInd Bank	28,04,151	99.67%	0.12%	0.21%
7	IDFC FIRST Bank	1,33,581	99.93%	0.00%	0.07%
8	HSBC Bank	1,08,778	99.77%	0.01%	0.23%
9	Kotak Mahindra Bank	39,601	99.79%	0.01%	0.21%

Glossary

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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
PSP - Payment Service Provider
Payer PSP - Under this function a bank can onboard a customer, create his/ her UPI ID, create device binding which is used as a first factor of Authentication, using this customer can enter their UPI PIN to approve a financial transaction or non-financial request where ever necessary.
Payee PSP - Under this function a bank can onboard a customer/merchant & allow them to receive money basis allocated UPI ID or raise a Collect request. It is also known as beneficiary PSP/resolving PSP.

AutoPay Banks Performance (Feb'24)

AutoPay Remitter Banks - Mandate Registration (Feb'24)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	34,06,918	99.41%	0.59%	0.00%
2	HDFC Bank Ltd	14,91,177	99.48%	0.52%	0.00%
3	ICICI Bank	8,13,151	92.36%	7.64%	0.00%
4	Bank of Baroda	8,02,014	94.49%	5.51%	0.00%
5	Kotak Mahindra Bank	7,64,881	99.88%	0.12%	0.00%
6	Punjab National Bank	7,34,510	99.93%	0.07%	0.00%
7	Union Bank of India	7,12,448	98.97%	1.03%	0.00%
8	Axis Bank Ltd	6,32,154	99.88%	0.12%	0.00%
9	Canara Bank	5,40,626	98.82%	1.18%	0.00%
10	Bank of India	3,66,837	99.23%	0.77%	0.00%
11	Indian Bank	3,31,600	99.44%	0.56%	0.00%
12	Paytm Payments Bank	3,28,262	99.95%	0.05%	0.00%
13	India Post Payment Bank	2,67,162	94.31%	5.69%	0.00%
14	Central Bank Of India	2,42,885	78.56%	21.44%	0.00%
15	Federal Bank	2,32,337	99.50%	0.50%	0.00%
16	UCO Bank	1,58,256	99.68%	0.32%	0.00%
17	IDBI Bank Limited	1,57,378	93.95%	6.05%	0.00%
18	Indian Overseas Bank	1,50,626	99.27%	0.73%	0.00%
19	IndusInd Bank	1,49,355	99.48%	0.52%	0.00%
20	Bank of Maharashtra	1,16,272	98.03%	1.97%	0.00%
21	IDFC FIRST Bank	92,503	99.96%	0.04%	0.00%
22	Yes Bank Ltd	85,291	99.00%	1.00%	0.00%
23	Karnataka Bank	83,634	88.35%	11.65%	0.00%
24	Karur Vysya Bank	60,978	98.34%	1.66%	0.00%
25	Equitas Small Finance Bank	54,749	52.02%	47.98%	0.00%
26	South Indian Bank	50,315	99.95%	0.05%	0.00%
27	AU Small Finance bank	47,633	99.88%	0.12%	0.00%
28	Punjab and Sind Bank	40,619	98.39%	1.61%	0.00%
29	Standard Chartered	38,946	99.06%	0.94%	0.00%
30	City Union Bank	38,360	99.88%	0.12%	0.00%
31	DBS Bank Ltd	33,856	99.92%	0.08%	0.00%
32	Tamilnad Mercantile Bank	28,017	98.91%	1.09%	0.00%
33	Fincare Small Finance Bank	24,195	99.23%	0.77%	0.00%
34	Rajasthan Marudhara Gramin Bank	21,754	99.56%	0.44%	0.00%
35	Saraswat Bank	21,553	99.79%	0.21%	0.00%
36	Andhra Pradesh Grameena Vikas Bank	19,996	99.48%	0.52%	0.00%
37	Jio Payments Bank	17,889	99.87%	0.13%	0.00%
38	HSBC Bank	16,628	99.86%	0.14%	0.00%
39	Kerala Gramin Bank	15,034	97.67%	2.33%	0.00%
40	RBL Bank	14,614	95.89%	4.11%	0.00%
41	Maharashtra Gramin Bank	13,872	99.67%	0.33%	0.00%
42	Andhra Pragathi Grameena Bank	13,761	99.70%	0.30%	0.00%
43	Pragathi Krishna Gramin Bank	13,661	99.73%	0.27%	0.00%
44	Cosmos Bank	13,035	85.00%	15.00%	0.00%
45	NSDL Payments Bank	12,849	90.09%	9.91%	0.00%
46	TJSB Sahakari Bank Ltd	7,745	99.61%	0.39%	0.00%
47	Catholic Syrian Bank	7,279	93.89%	6.11%	0.00%
48	Karnataka Vikas Grameena Bank	6,871	99.67%	0.33%	0.00%
49	Dhanlaxmi Bank Ltd	6,257	96.20%	3.80%	0.00%
50	Utkarsh Small Finance Bank	5,923	99.81%	0.19%	0.00%

Remarks

Mandate Registration refers to the transaction wherein the consumer creates a recurring mandate against consumers account for the payments which are recurring in nature. For example: Utility bill payments, insurance premium etc.

AutoPay Remitter Banks - Mandate Execution (Feb'24)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	3,23,53,447	48.39%	50.48%	1.14%
2	HDFC BANK LTD	1,15,55,944	60.93%	38.70%	0.37%
3	Kotak Mahindra Bank	92,82,073	35.75%	62.34%	1.93%
4	Paytm Payments Bank	84,09,953	16.90%	82.93%	0.18%
5	Bank of Baroda	83,59,797	41.49%	57.55%	0.98%
6	Punjab National Bank	75,79,073	43.22%	56.60%	0.19%
7	Union Bank of India	70,84,761	41.77%	57.67%	0.65%
8	ICICI Bank	62,09,286	64.64%	35.19%	0.17%
9	Axis Bank Ltd.	56,02,500	54.03%	45.84%	0.13%
10	Canara Bank	51,15,581	46.41%	53.17%	0.43%
11	Bank of India	41,68,453	43.53%	55.64%	0.84%
12	Indian Bank	37,34,917	39.35%	60.49%	0.16%
13	India Post Payment Bank	33,25,177	18.45%	78.72%	2.87%
14	Federal Bank	24,03,711	36.06%	63.83%	0.12%
15	Central Bank Of India	20,82,926	38.85%	56.00%	5.21%
16	IDBI Bank Limited	18,37,224	30.96%	62.13%	7.36%
17	INDUSIND BANK	17,38,145	38.59%	60.22%	1.20%
18	Indian Overseas Bank	14,61,446	42.68%	56.50%	0.99%
19	UCO Bank	14,17,637	40.17%	59.44%	0.39%
20	Bank of Maharashtra	12,17,503	41.67%	56.35%	2.04%
21	IDC	11,09,398	37.99%	61.57%	0.44%
22	Yes Bank Ltd	9,57,269	36.78%	62.23%	1.00%
23	Karnataka Bank	7,41,740	46.64%	53.01%	0.35%
24	Punjab and Sind Bank	4,97,031	33.81%	63.89%	2.30%
25	Karur Vysya Bank	4,31,111	52.45%	46.89%	0.67%
26	Equitas Bank	4,25,318	23.94%	76.05%	0.02%
27	DBS Bank India Limited	3,82,218	38.66%	59.83%	1.51%
28	AU small Finance Bank	3,73,426	42.68%	57.12%	0.32%
29	RBL	3,64,710	10.08%	68.25%	21.88%
30	City Union Bank	3,37,326	39.27%	59.71%	1.03%
31	Fincare Small Finance Bank Ltd	3,36,712	14.92%	84.50%	0.57%
32	South Indian Bank	3,20,173	55.39%	44.59%	0.06%
33	Rajasthan Marudhara Gramin Bank	2,78,874	30.04%	68.76%	1.20%
34	Tamilnad Mercantile Bank	2,49,809	42.28%	57.41%	0.31%
35	Andhra Pradesh Grameena Vikas Bank	2,33,043	28.60%	70.08%	1.31%
36	Standard Chartered	2,16,173	66.40%	32.63%	0.97%
37	Saraswat Bank	1,95,010	50.23%	49.47%	0.30%
38	Maharashtra Gramin Bank	1,82,515	23.83%	73.85%	2.32%
39	UTKARSH SMALL FINANCE BANK LIMITED	1,42,097	17.59%	81.41%	1.25%
40	NSDL Payments Bank	1,38,356	16.40%	82.03%	1.57%
41	Pragathi Krishna Gramin Bank	1,36,176	39.28%	57.69%	3.04%
42	Andhra Pragathi Grameena Bank	1,35,944	28.14%	68.55%	3.31%
43	Jio Payments Bank	1,29,309	22.10%	77.74%	0.15%
44	HSBC	97,053	69.96%	29.74%	0.30%
45	CHATISGARH R G BANK	91,705	30.48%	66.20%	3.32%
46	Karnataka Vikas Grameena Bank	89,624	24.74%	69.50%	5.76%
47	Kerala Gramin Bank	84,066	42.67%	55.73%	1.60%
48	Telangana Grameena bank	81,547	32.79%	65.37%	1.84%
49	TJSB Sahakari Bank Ltd	81,328	45.12%	54.39%	0.49%
50	Suryoday Small Finance Bank Ltd.	78,026	22.07%	77.51%	0.43%

Remarks

Execution refers to the transaction wherein the recurring debit is done on the remitting account.

Glossary

Business Decline (BD) - Transaction decline due to a customer entering an invalid pin, incorrect beneficiary account, insufficient funds 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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.

PSP Wise Registration

UPI Autopay Registration - Payer PSP Performance (Feb'24)
Sr. No.	Payer PSP	Total Volume	Approved %	BD%	TD%
1	Yes Bank Ltd	42,87,379	93.41%	6.36%	0.00%
2	Axis Bank Ltd	28,15,352	91.74%	7.85%	0.00%
3	Paytm Payments Bank	26,03,802	89.69%	9.92%	0.00%
4	ICICI Bank	22,54,890	91.90%	7.73%	0.00%
5	HDFC Bank Ltd	12,80,768	89.03%	10.59%	0.00%
6	State Bank Of India	9,34,409	85.62%	14.30%	0.00%
7	BHIM	1,16,112	93.55%	5.90%	0.00%
8	Jio Payments Bank	11,201	88.48%	7.13%	0.00%
9	DBS Bank India Limited	2,195	93.76%	5.97%	0.00%
10	Canara Bank	1,516	92.88%	6.93%	0.00%
11	Central Bank Of India	515	74.56%	25.44%	0.00%
12	IndusInd Bank	424	76.89%	23.11%	0.00%
13	Bank of India	262	77.10%	22.14%	0.00%
14	Punjab National Bank	31	64.52%	19.35%	0.00%
15	Dhanlaxmi Bank Ltd	13	46.15%	53.85%	0.00%
16	Equitas Small Finance Bank	2	0.00%	100.00%	0.00%

UPI Autopay Registration - Payee PSP Performance (Feb'24)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	34,93,870	95.47%	4.38%	0.00%
2	ICICI Bank	30,89,347	98.87%	1.11%	0.00%
3	Paytm Payments Bank	21,67,207	93.73%	6.19%	0.00%
4	HDFC Bank Ltd	21,59,638	99.88%	0.12%	0.00%
5	Axis Bank Ltd	18,40,684	99.92%	0.08%	0.00%
6	IndusInd Bank	5,90,433	99.94%	0.06%	0.00%
7	IDFC FIRST Bank	33,671	100.00%	0.00%	0.00%
8	HSBC Bank	28,387	100.00%	0.00%	0.00%
9	Kotak Mahindra Bank	8,792	100.00%	0.00%	0.00%

Glossary

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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
PSP - Payment Service Provider
Payer PSP - Under this function a bank can onboard a customer, create his/ her UPI ID, create device binding which is used as a first factor of Authentication, using this customer can enter their UPI PIN to approve a financial transaction or non-financial request where ever necessary.
Payee PSP - Under this function a bank can onboard a customer/merchant & allow them to receive money basis allocated UPI ID or raise a Collect request. It is also known as beneficiary PSP/resolving PSP.

PSP Wise Execution

UPI Autopay Execution - Payer PSP Performance (Feb'24)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	2,12,39,370	99.06%	0.93%	0.01%
2	Paytm Payments Bank	1,36,07,284	98.19%	1.81%	0.00%
3	Axis Bank Ltd	94,42,079	97.50%	2.49%	0.01%
4	ICICI Bank	84,18,118	97.31%	2.68%	0.01%
5	HDFC Bank Ltd	45,03,010	91.68%	8.32%	0.00%
6	State Bank Of India	22,14,758	95.49%	4.51%	0.00%
7	BHIM	4,70,499	88.59%	11.41%	0.00%
8	Jio Payments Bank	25,165	40.58%	2.25%	57.17%
9	DBS Bank India Limited	11,769	53.34%	46.66%	0.01%
10	Canara Bank	5,406	99.67%	0.33%	0.00%
11	IndusInd Bank	1,966	35.30%	64.70%	0.00%
12	Bank of India	1,446	46.13%	53.87%	0.00%
13	Central Bank Of India	375	92.00%	7.47%	0.53%
14	Punjab National Bank	170	100.00%	0.00%	0.00%
15	Dhanlaxmi Bank Ltd	67	88.06%	11.94%	0.00%
16	Equitas Small Finance Bank	-	-	-	-

UPI Autopay Execution - Payee PSP Performance (Feb'24)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	2,36,55,852	99.98%	0.00%	0.02%
2	Paytm Payments Bank	1,15,79,154	99.96%	0.03%	0.01%
3	ICICI Bank	97,59,145	99.86%	0.01%	0.13%
4	HDFC Bank Ltd	73,81,621	99.80%	0.09%	0.12%
5	Axis Bank Ltd	41,04,420	99.92%	0.07%	0.02%
6	IndusInd Bank	19,40,605	97.67%	0.74%	1.60%
7	IDFC FIRST Bank	1,08,775	99.97%	0.00%	0.03%
8	Kotak Mahindra Bank	36,525	92.65%	0.00%	7.35%
9	HSBC Bank	31,531	99.87%	0.01%	0.12%

Glossary

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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
PSP - Payment Service Provider
Payer PSP - Under this function a bank can onboard a customer, create his/ her UPI ID, create device binding which is used as a first factor of Authentication, using this customer can enter their UPI PIN to approve a financial transaction or non-financial request where ever necessary.
Payee PSP - Under this function a bank can onboard a customer/merchant & allow them to receive money basis allocated UPI ID or raise a Collect request. It is also known as beneficiary PSP/resolving PSP.

AutoPay Banks Performance (Jan'24)

AutoPay Remitter Banks - Mandate Registration (Jan'24)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	37,44,784	99.74%	0.26%	0.00%
2	HDFC Bank Ltd	16,27,155	99.73%	0.27%	0.00%
3	ICICI Bank	8,89,671	98.57%	1.43%	0.00%
4	Bank of Baroda	8,30,414	99.91%	0.09%	0.00%
5	Kotak Mahindra Bank	7,96,275	99.95%	0.05%	0.00%
6	Punjab National Bank	7,95,506	99.76%	0.24%	0.00%
7	Union Bank of India	7,50,086	98.83%	1.17%	0.00%
8	Paytm Payments Bank	7,13,060	99.77%	0.23%	0.00%
9	Axis Bank Ltd	6,83,773	99.35%	0.65%	0.00%
10	Canara Bank	5,85,767	98.80%	1.20%	0.00%
11	Bank of India	4,00,950	99.70%	0.30%	0.00%
12	Indian Bank	3,58,147	99.56%	0.44%	0.00%
13	India Post Payment Bank	3,36,624	97.46%	2.54%	0.00%
14	Federal Bank	2,47,224	99.40%	0.60%	0.00%
15	Central Bank Of India	2,39,741	90.54%	9.46%	0.00%
16	UCO Bank	1,79,258	98.04%	1.96%	0.00%
17	IDBI Bank Limited	1,65,910	98.60%	1.40%	0.00%
18	Indian Overseas Bank	1,62,058	99.52%	0.48%	0.00%
19	IndusInd Bank	1,59,405	91.10%	8.90%	0.00%
20	Bank of Maharashtra	1,32,361	99.32%	0.68%	0.00%
21	IDFC FIRST Bank	96,151	99.88%	0.12%	0.00%
22	Yes Bank Ltd	88,089	99.55%	0.45%	0.00%
23	Karnataka Bank	87,106	93.59%	6.41%	0.00%
24	Karur Vysya Bank	70,043	99.40%	0.60%	0.00%
25	Equitas Small Finance Bank	56,875	52.68%	47.32%	0.00%
26	South Indian Bank	56,259	99.83%	0.17%	0.00%
27	AU Small Finance bank	48,564	99.93%	0.07%	0.00%
28	Standard Chartered	42,604	99.74%	0.26%	0.00%
29	Punjab and Sind Bank	42,405	99.87%	0.13%	0.00%
30	City Union Bank	41,987	99.61%	0.39%	0.00%
31	DBS Bank Ltd	36,713	99.93%	0.07%	0.00%
32	Tamilnad Mercantile Bank	30,509	99.45%	0.55%	0.00%
33	Fincare Small Finance Bank	24,804	99.17%	0.83%	0.00%
34	Rajasthan Marudhara Gramin Bank	23,491	99.76%	0.24%	0.00%
35	Saraswat Bank	23,463	99.66%	0.34%	0.00%
36	Andhra Pradesh Grameena Vikas Bank	22,340	99.25%	0.75%	0.00%
37	Jio Payments Bank	19,544	99.96%	0.04%	0.00%
38	HSBC Bank	19,015	99.80%	0.20%	0.00%
39	Kerala Gramin Bank	16,023	98.95%	1.05%	0.00%
40	RBL Bank	15,424	97.90%	2.10%	0.00%
41	Maharashtra Gramin Bank	15,197	99.48%	0.52%	0.00%
42	Andhra Pragathi Grameena Bank	15,003	99.72%	0.28%	0.00%
43	Pragathi Krishna Gramin Bank	13,677	99.61%	0.39%	0.00%
44	Cosmos Bank	13,171	87.15%	12.85%	0.00%
45	NSDL Payments Bank	12,052	89.90%	10.10%	0.00%
46	TJSB Sahakari Bank Ltd	8,529	99.88%	0.12%	0.00%
47	Catholic Syrian Bank	8,064	92.37%	7.63%	0.00%
48	Dhanlaxmi Bank Ltd	7,453	89.45%	10.55%	0.00%
49	Karnataka Vikas Grameena Bank	7,283	99.59%	0.41%	0.00%
50	Utkarsh Small Finance Bank	6,019	99.72%	0.28%	0.00%

Remarks

Mandate Registration refers to the transaction wherein the consumer creates a recurring mandate against consumers account for the payments which are recurring in nature. For example: Utility bill payments, insurance premium etc.

AutoPay Remitter Banks - Mandate Execution (Jan'24)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	2,93,15,156	52.93%	46.13%	0.99%
2	HDFC BANK LTD	1,07,10,774	66.46%	33.44%	0.11%
3	Kotak Mahindra Bank	78,67,060	40.99%	58.24%	0.84%
4	Bank of Baroda	73,49,384	45.85%	53.94%	0.30%
5	Paytm Payments Bank	72,01,423	30.53%	69.27%	0.20%
6	Punjab National Bank	66,88,267	47.12%	52.56%	0.38%
7	Union Bank of India	66,21,533	46.38%	52.13%	1.51%
8	ICICI Bank	60,28,475	68.49%	31.47%	0.05%
9	Axis Bank Ltd.	50,98,269	58.43%	41.38%	0.22%
10	Canara Bank	45,36,074	50.48%	48.91%	0.65%
11	Bank of India	37,37,759	47.79%	51.65%	0.56%
12	Indian Bank	32,04,707	44.10%	55.57%	0.33%
13	India Post Payment Bank	31,08,455	16.98%	78.92%	7.87%
14	Federal Bank	21,29,556	40.32%	59.58%	0.17%
15	Central Bank Of India	19,08,093	42.00%	53.44%	6.30%
16	IDBI Bank Limited	15,21,214	40.11%	46.39%	15.83%
17	INDUSIND BANK	14,70,845	43.64%	55.17%	1.24%
18	Indian Overseas Bank	12,83,114	46.97%	52.42%	1.99%
19	UCO Bank	12,40,022	41.83%	55.68%	2.49%
20	Bank of Maharashtra	10,61,876	47.89%	51.46%	2.17%
21	IDC	9,46,726	43.14%	56.31%	0.55%
22	Yes Bank Ltd	8,18,259	42.34%	55.38%	2.31%
23	Karnataka Bank	6,35,722	50.87%	48.75%	0.38%
24	Punjab and Sind Bank	4,37,523	37.09%	62.30%	0.61%
25	Karur Vysya Bank	4,11,523	54.46%	44.38%	1.16%
26	Equitas Bank	4,09,096	26.11%	73.87%	0.02%
27	DBS Bank India Limited	3,40,548	43.31%	55.32%	1.37%
28	AU small Finance Bank	2,98,384	47.44%	52.47%	0.63%
29	South Indian Bank	2,98,055	58.41%	41.56%	0.33%
30	City Union Bank	2,86,477	48.23%	50.46%	1.39%
31	RBL	2,83,089	13.75%	34.82%	52.68%
32	Fincare Small Finance Bank Ltd	2,64,025	17.75%	81.19%	1.06%
33	Rajasthan Marudhara Gramin Bank	2,38,121	33.45%	65.14%	1.41%
34	Tamilnad Mercantile Bank	2,20,359	46.91%	52.96%	0.14%
35	Standard Chartered	1,98,572	71.92%	27.78%	0.30%
36	Andhra Pradesh Grameena Vikas Bank	1,97,438	32.98%	63.97%	3.06%
37	Saraswat Bank	1,84,520	51.59%	48.02%	0.40%
38	Maharashtra Gramin Bank	1,51,616	27.93%	69.71%	2.35%
39	UTKARSH SMALL FINANCE BANK LIMITED	1,32,716	15.84%	83.48%	27.04%
40	Andhra Pragathi Grameena Bank	1,16,582	31.45%	65.20%	3.35%
41	NSDL Payments Bank	1,11,278	18.60%	79.97%	1.44%
42	Jio Payments Bank	1,06,538	26.36%	73.54%	0.10%
43	HSBC	98,066	56.01%	43.63%	0.38%
44	Pragathi Krishna Gramin Bank	93,582	48.65%	49.24%	2.19%
45	CHATISGARH R G BANK	83,892	33.41%	65.18%	1.41%
46	Karnataka Vikas Grameena Bank	73,285	26.92%	65.61%	7.46%
47	TJSB Sahakari Bank Ltd	70,604	50.12%	49.70%	0.18%
48	Telangana Grameena bank	69,770	36.96%	62.03%	1.02%
49	Kerala Gramin Bank	69,454	47.06%	50.53%	2.43%
50	Suryoday Small Finance Bank Ltd.	60,174	25.46%	74.28%	0.26%

Remarks

Execution refers to the transaction wherein the recurring debit is done on the remitting account.

Glossary

Business Decline (BD) - Transaction decline due to a customer entering an invalid pin, incorrect beneficiary account, insufficient funds 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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.

PSP Wise Registration

UPI Autopay Registration - Payer PSP Performance (Jan'24)
Sr. No.	Payer PSP	Total Volume	Approved %	BD%	TD%
1	Yes Bank Ltd	47,04,459	93.85%	6.01%	0.00%
2	Paytm Payments Bank	37,36,934	92.12%	7.65%	0.00%
3	Axis Bank Ltd	28,01,898	91.42%	8.38%	0.00%
4	ICICI Bank	23,10,077	92.24%	7.63%	0.00%
5	HDFC Bank Ltd	12,97,017	88.64%	11.27%	0.00%
6	State Bank Of India	9,43,812	84.40%	15.52%	0.00%
7	BHIM	1,29,623	93.89%	6.00%	0.00%
8	Jio Payments Bank	21,447	81.94%	9.86%	0.00%
9	IndusInd Bank	3,056	94.60%	5.20%	0.00%
10	DBS Bank India Limited	2,401	94.21%	5.29%	0.00%
11	Bank of India	1,942	92.07%	4.02%	0.00%
12	Canara Bank	1,894	91.92%	7.71%	0.00%
13	Central Bank Of India	1,152	82.90%	14.06%	0.00%
14	Punjab National Bank	45	46.67%	46.67%	0.00%
15	Dhanlaxmi Bank Ltd	27	77.78%	22.22%	0.00%
16	Equitas Small Finance Bank	4	50.00%	0.00%	0.00%

UPI Autopay Registration - Payee PSP Performance (Jan'24)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	35,30,392	95.63%	4.22%	0.00%
2	Paytm Payments Bank	33,01,549	94.07%	5.84%	0.00%
3	ICICI Bank	32,66,729	99.80%	0.16%	0.00%
4	Axis Bank Ltd	22,62,650	99.99%	0.01%	0.00%
5	HDFC Bank Ltd	20,15,891	99.98%	0.02%	0.00%
6	IndusInd Bank	5,82,893	99.99%	0.01%	0.00%
7	IDFC FIRST Bank	42,165	100.00%	0.00%	0.00%
8	HSBC Bank	11,941	100.00%	0.00%	0.00%
9	Kotak Mahindra Bank	10,969	100.00%	0.00%	0.00%

Glossary

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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
PSP - Payment Service Provider
Payer PSP - Under this function a bank can onboard a customer, create his/ her UPI ID, create device binding which is used as a first factor of Authentication, using this customer can enter their UPI PIN to approve a financial transaction or non-financial request where ever necessary.
Payee PSP - Under this function a bank can onboard a customer/merchant & allow them to receive money basis allocated UPI ID or raise a Collect request. It is also known as beneficiary PSP/resolving PSP.

PSP Wise Execution

UPI Autopay Execution - Payer PSP Performance (Jan'24)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	2,12,75,461	98.89%	1.10%	0.00%
2	Paytm Payments Bank	1,48,63,113	98.61%	1.39%	0.00%
3	Axis Bank Ltd	88,11,467	97.75%	2.25%	0.00%
4	ICICI Bank	79,63,228	97.50%	2.50%	0.00%
5	HDFC Bank Ltd	40,65,980	98.56%	1.43%	0.01%
6	State Bank Of India	21,43,308	95.79%	4.21%	0.00%
7	BHIM	4,88,707	88.11%	11.89%	0.00%
8	Jio Payments Bank	31,309	56.16%	0.86%	42.98%
9	DBS Bank India Limited	11,385	55.74%	44.25%	0.01%
10	Canara Bank	5,337	99.29%	0.71%	0.00%
11	IndusInd Bank	3,458	87.71%	12.29%	0.00%
12	Bank of India	2,948	73.24%	26.76%	0.00%
13	Central Bank Of India	947	95.78%	4.22%	0.00%
14	Punjab National Bank	124	100.00%	0.00%	0.00%
15	Dhanlaxmi Bank Ltd	85	87.06%	12.94%	0.00%
16	Equitas Small Finance Bank	2	100.00%	0.00%	0.00%

UPI Autopay Execution - Payee PSP Performance (Jan'24)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	2,30,34,595	99.94%	0.00%	0.06%
2	Paytm Payments Bank	1,26,41,253	99.97%	0.01%	0.02%
3	ICICI Bank	99,81,952	99.89%	0.08%	0.03%
4	HDFC Bank Ltd	70,25,009	99.90%	0.09%	0.01%
5	Axis Bank Ltd	44,86,014	99.81%	0.15%	0.04%
6	IndusInd Bank	13,57,528	99.76%	0.12%	0.12%
7	IDFC FIRST Bank	94,132	100.00%	0.00%	0.00%
8	Kotak Mahindra Bank	32,599	99.75%	0.01%	0.24%
9	HSBC Bank	19,426	99.10%	0.01%	0.90%

Glossary

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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
PSP - Payment Service Provider
Payer PSP - Under this function a bank can onboard a customer, create his/ her UPI ID, create device binding which is used as a first factor of Authentication, using this customer can enter their UPI PIN to approve a financial transaction or non-financial request where ever necessary.
Payee PSP - Under this function a bank can onboard a customer/merchant & allow them to receive money basis allocated UPI ID or raise a Collect request. It is also known as beneficiary PSP/resolving PSP.

AutoPay Banks Performance (Dec'23)

AutoPay Remitter Banks - Mandate Registration (Dec'23)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	36,49,053	99.59%	0.41%	0.00%
2	HDFC Bank Ltd	15,88,421	99.84%	0.16%	0.00%
3	ICICI Bank	8,74,269	99.14%	0.86%	0.00%
4	Paytm Payments Bank	7,72,399	99.96%	0.04%	0.00%
5	Punjab National Bank	7,62,519	99.95%	0.05%	0.00%
6	Bank of Baroda	7,43,999	96.83%	3.17%	0.00%
7	Union Bank of India	7,31,460	99.52%	0.48%	0.00%
8	Kotak Mahindra Bank	7,10,340	99.71%	0.29%	0.00%
9	Axis Bank Ltd	6,66,627	99.75%	0.25%	0.00%
10	Canara Bank	5,66,817	99.30%	0.70%	0.00%
11	Bank of India	3,89,631	99.24%	0.76%	0.00%
12	Indian Bank	3,53,948	99.66%	0.34%	0.00%
13	Federal Bank	2,47,549	99.75%	0.25%	0.00%
14	India Post Payment Bank	2,40,423	97.84%	2.16%	0.00%
15	Central Bank Of India	2,26,174	95.42%	4.58%	0.00%
16	UCO Bank	1,70,475	99.64%	0.36%	0.00%
17	Indian Overseas Bank	1,60,633	99.09%	0.91%	0.00%
18	IDBI Bank Limited	1,59,065	99.40%	0.60%	0.00%
19	IndusInd Bank	1,50,905	91.77%	8.23%	0.00%
20	Bank of Maharashtra	1,24,227	99.03%	0.97%	0.00%
21	IDFC FIRST Bank	99,001	99.94%	0.06%	0.00%
22	Karnataka Bank	86,288	86.30%	13.70%	0.00%
23	Yes Bank Ltd	85,776	99.67%	0.33%	0.00%
24	Karur Vysya Bank	74,235	99.27%	0.73%	0.00%
25	Equitas Small Finance Bank	57,676	53.95%	46.05%	0.00%
26	South Indian Bank	55,052	99.86%	0.14%	0.00%
27	AU Small Finance bank	47,020	99.97%	0.03%	0.00%
28	City Union Bank	44,356	99.82%	0.18%	0.00%
29	Punjab and Sind Bank	44,325	89.90%	10.10%	0.00%
30	Standard Chartered	43,523	98.96%	1.04%	0.00%
31	DBS Bank Ltd	37,440	99.94%	0.06%	0.00%
32	Tamilnad Mercantile Bank	30,971	99.38%	0.62%	0.00%
33	Saraswat Bank	23,002	99.27%	0.73%	0.00%
34	Fincare Small Finance Bank	22,709	99.48%	0.52%	0.00%
35	Andhra Pradesh Grameena Vikas Bank	22,230	97.97%	2.03%	0.00%
36	Rajasthan Marudhara Gramin Bank	21,392	99.58%	0.42%	0.00%
37	Jio Payments Bank	18,647	99.79%	0.21%	0.00%
38	Andhra Pragathi Grameena Bank	15,612	99.58%	0.42%	0.00%
39	HSBC Bank	15,502	99.75%	0.25%	0.00%
40	Kerala Gramin Bank	15,458	99.80%	0.20%	0.00%
41	RBL Bank	15,337	96.12%	3.88%	0.00%
42	Maharashtra Gramin Bank	14,261	99.12%	0.88%	0.00%
43	Pragathi Krishna Gramin Bank	13,604	99.81%	0.19%	0.00%
44	Cosmos Bank	11,649	88.28%	11.72%	0.00%
45	NSDL Payments Bank	11,581	89.54%	10.46%	0.00%
46	Catholic Syrian Bank	8,171	87.87%	12.13%	0.00%
47	TJSB Sahakari Bank Ltd	8,027	99.09%	0.91%	0.00%
48	Dhanlaxmi Bank Ltd	7,374	89.80%	10.20%	0.00%
49	Karnataka Vikas Grameena Bank	6,221	99.69%	0.31%	0.00%
50	Suryoday Small Finance Bank Ltd.	5,403	99.91%	0.09%	0.00%

Remarks

Mandate Registration refers to the transaction wherein the consumer creates a recurring mandate against consumers account for the payments which are recurring in nature. For example: Utility bill payments, insurance premium etc.

AutoPay Remitter Banks - Mandate Execution (Dec'23)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	2,69,98,410	53.36%	45.65%	1.08%
2	HDFC BANK LTD	98,59,995	67.73%	31.88%	0.41%
3	Kotak Mahindra Bank	71,13,933	41.73%	57.78%	0.63%
4	Paytm Payments Bank	68,30,872	31.18%	68.55%	0.27%
5	Bank of Baroda	66,97,653	45.66%	53.78%	0.68%
6	Union Bank of India	60,80,847	46.42%	52.60%	0.98%
7	Punjab National Bank	59,33,318	49.12%	50.57%	0.44%
8	ICICI Bank	56,55,017	69.52%	30.15%	0.33%
9	Axis Bank Ltd.	47,19,987	58.68%	41.19%	0.16%
10	Canara Bank	41,34,388	51.17%	48.38%	0.51%
11	Bank of India	33,72,478	49.84%	49.53%	0.63%
12	Indian Bank	28,55,604	44.98%	54.56%	0.46%
13	India Post Payment Bank	25,43,388	20.48%	76.48%	3.24%
14	Federal Bank	19,43,343	41.50%	58.24%	0.38%
15	Central Bank Of India	17,99,795	41.45%	56.17%	5.46%
16	IDBI Bank Limited	13,66,785	41.47%	39.59%	22.07%
17	INDUSIND BANK	13,48,362	43.90%	54.50%	1.69%
18	Indian Overseas Bank	11,37,518	48.08%	50.96%	3.34%
19	UCO Bank	11,16,095	42.28%	55.30%	2.43%
20	Bank of Maharashtra	9,56,851	48.28%	50.81%	3.83%
21	IDC	8,71,422	44.14%	55.13%	0.72%
22	Yes Bank Ltd	7,27,306	44.86%	51.95%	3.23%
23	Karnataka Bank	5,77,295	51.89%	46.43%	1.68%
24	Punjab and Sind Bank	4,05,266	37.16%	60.60%	2.24%
25	Equitas Bank	3,89,239	26.41%	73.56%	0.03%
26	Karur Vysya Bank	3,59,671	55.15%	42.92%	1.92%
27	South Indian Bank	3,34,167	46.68%	53.29%	0.58%
28	DBS Bank India Limited	3,15,770	44.60%	54.52%	0.90%
29	City Union Bank	2,53,916	50.54%	48.17%	2.26%
30	AU small Finance Bank	2,48,050	49.04%	50.53%	1.07%
31	RBL	2,44,103	15.12%	13.04%	73.45%
32	Fincare Small Finance Bank Ltd	2,29,954	17.36%	81.09%	1.55%
33	Rajasthan Marudhara Gramin Bank	2,03,740	34.65%	64.24%	1.11%
34	Tamilnad Mercantile Bank	1,89,021	49.62%	50.12%	0.28%
35	Standard Chartered	1,80,178	74.05%	24.77%	1.17%
36	Andhra Pradesh Grameena Vikas Bank	1,66,246	33.75%	64.76%	1.50%
37	Saraswat Bank	1,63,348	54.53%	44.83%	0.65%
38	Maharashtra Gramin Bank	1,44,265	27.55%	69.67%	2.78%
39	Andhra Pragathi Grameena Bank	1,04,799	31.82%	64.10%	4.08%
40	UTKARSH SMALL FINANCE BANK LIMITED	1,00,961	19.23%	79.97%	10.11%
41	Pragathi Krishna Gramin Bank	92,897	47.53%	52.17%	0.43%
42	NSDL Payments Bank	92,075	19.01%	79.72%	1.27%
43	Jio Payments Bank	91,485	26.39%	73.56%	0.06%
44	HSBC	91,118	72.36%	26.99%	0.67%
45	CHATISGARH R G BANK	81,897	33.13%	65.96%	0.91%
46	Karnataka Vikas Grameena Bank	66,857	26.31%	65.85%	7.84%
47	TJSB Sahakari Bank Ltd	63,708	51.27%	47.91%	0.82%
48	Kerala Gramin Bank	63,074	49.48%	50.25%	0.47%
49	Telangana Grameena bank	59,562	36.68%	61.44%	1.88%
50	Suryoday Small Finance Bank Ltd.	54,938	24.82%	74.64%	0.54%

Remarks

Execution refers to the transaction wherein the recurring debit is done on the remitting account.

Glossary

Business Decline (BD) - Transaction decline due to a customer entering an invalid pin, incorrect beneficiary account, insufficient funds 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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.

PSP Wise Registration

UPI Autopay Registration - Payer PSP Performance (Dec'23)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	42,76,068	93.53%	6.40%	0.00%
2	Paytm Payments Bank	41,18,577	93.37%	6.50%	0.00%
3	Axis Bank Ltd	24,34,319	91.11%	8.76%	0.00%
4	ICICI Bank	21,01,651	91.83%	8.11%	0.00%
5	HDFC Bank Ltd	12,59,033	88.46%	11.50%	0.00%
6	State Bank Of India	10,03,448	85.10%	14.85%	0.00%
7	BHIM	1,30,668	94.39%	5.54%	0.00%
8	Jio Payments Bank	26,728	82.50%	17.49%	0.00%
9	IndusInd Bank	10,757	98.32%	1.68%	0.00%
10	DBS Bank India Limited	3,013	96.28%	3.55%	0.00%
11	Canara Bank	1,828	94.58%	5.14%	0.00%
12	Central Bank Of India	1,292	89.63%	10.37%	0.00%
13	Bank of India	919	91.95%	7.62%	0.00%
14	Punjab National Bank	54	48.15%	31.48%	0.00%
15	Dhanlaxmi Bank Ltd	18	66.67%	16.67%	0.00%
16	Equitas Small Finance Bank	18	100.00%	0.00%	0.00%

UPI Autopay Registration - Payee PSP Performance (Dec'23)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Paytm Payments Bank	35,83,301	100.00%	0.00%	0.00%
2	ICICI Bank	31,55,090	100.00%	0.00%	0.00%
3	Yes Bank Ltd	28,30,178	100.00%	0.00%	0.00%
4	Axis Bank Ltd	22,50,622	100.00%	0.00%	0.00%
5	HDFC Bank Ltd	19,54,420	100.00%	0.00%	0.00%
6	IndusInd Bank	3,27,908	100.00%	0.00%	0.00%
7	IDFC FIRST Bank	30,192	100.00%	0.00%	0.00%
8	Kotak Mahindra Bank	7,994	100.00%	0.00%	0.00%
9	HSBC Bank	7,976	100.00%	0.00%	0.00%

Glossary

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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
PSP - Payment Service Provider
Payer PSP - Under this function a bank can onboard a customer, create his/ her UPI ID, create device binding which is used as a first factor of Authentication, using this customer can enter their UPI PIN to approve a financial transaction or non-financial request where ever necessary.
Payee PSP - Under this function a bank can onboard a customer/merchant & allow them to receive money basis allocated UPI ID or raise a Collect request. It is also known as beneficiary PSP/resolving PSP.

PSP Wise Execution

UPI Autopay Execution - Payer PSP Performance (Dec'23)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	1,97,36,877	99.12%	0.88%	0.00%
2	Paytm Payments Bank	1,45,40,024	98.41%	1.59%	0.00%
3	Axis Bank Ltd	77,34,016	97.71%	2.29%	0.00%
4	ICICI Bank	71,37,950	97.56%	2.43%	0.01%
5	HDFC Bank Ltd	36,70,482	98.92%	1.04%	0.04%
6	State Bank Of India	21,04,895	95.28%	4.64%	0.09%
7	BHIM	4,90,748	87.17%	12.77%	0.06%
8	Jio Payments Bank	37,246	58.82%	0.45%	40.74%
9	DBS Bank India Limited	11,928	56.91%	43.08%	0.01%
10	IndusInd Bank	10,449	99.01%	0.99%	0.00%
11	Canara Bank	4,626	98.83%	1.12%	0.04%
12	Bank of India	1,861	63.51%	36.49%	0.00%
13	Central Bank Of India	1,110	95.41%	4.59%	0.00%
14	Punjab National Bank	112	100.00%	0.00%	0.00%
15	Dhanlaxmi Bank Ltd	63	96.83%	3.17%	0.00%
16	Equitas Small Finance Bank	18	100.00%	0.00%	0.00%

UPI Autopay Execution - Payee PSP Performance (Dec'23)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	2,08,30,861	99.99%	0.00%	0.01%
2	Paytm Payments Bank	1,24,75,261	99.97%	0.01%	0.01%
3	ICICI Bank	93,42,407	99.89%	0.00%	0.11%
4	HDFC Bank Ltd	66,62,621	99.61%	0.09%	0.30%
5	Axis Bank Ltd	43,60,400	99.93%	0.06%	0.01%
6	IndusInd Bank	7,96,349	99.46%	0.02%	0.52%
7	IDFC FIRST Bank	66,254	100.00%	0.00%	0.00%
8	Kotak Mahindra Bank	22,791	99.95%	0.03%	0.02%
9	HSBC Bank	17,496	99.79%	0.03%	0.18%

Glossary

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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
PSP - Payment Service Provider
Payer PSP - Under this function a bank can onboard a customer, create his/ her UPI ID, create device binding which is used as a first factor of Authentication, using this customer can enter their UPI PIN to approve a financial transaction or non-financial request where ever necessary.
Payee PSP - Under this function a bank can onboard a customer/merchant & allow them to receive money basis allocated UPI ID or raise a Collect request. It is also known as beneficiary PSP/resolving PSP.

AutoPay Banks Performance (Nov'23)

AutoPay Remitter Banks - Mandate Registration (Nov'23)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	38,41,439	99.40%	0.00%	0.60%
2	HDFC Bank Ltd	16,87,736	99.93%	0.00%	0.07%
3	ICICI Bank	9,47,491	99.72%	0.00%	0.28%
4	Bank of Baroda	8,40,335	99.89%	0.00%	0.11%
5	Paytm Payments Bank	8,23,773	99.97%	0.00%	0.03%
6	Punjab National Bank	7,98,663	99.91%	0.00%	0.09%
7	Kotak Mahindra Bank	7,87,526	99.97%	0.00%	0.03%
8	Union Bank of India	7,74,540	99.59%	0.00%	0.41%
9	Axis Bank Ltd	7,16,616	99.93%	0.00%	0.07%
10	Canara Bank	5,91,994	99.48%	0.00%	0.52%
11	Bank of India	4,13,422	98.14%	0.00%	1.86%
12	Indian Bank	3,67,043	99.86%	0.00%	0.14%
13	Federal Bank	2,43,537	99.32%	0.00%	0.68%
14	Central Bank Of India	2,36,188	94.31%	0.00%	5.69%
15	India Post Payment Bank	2,08,424	98.77%	0.00%	1.23%
16	UCO Bank	1,71,768	99.61%	0.00%	0.39%
17	IDBI Bank Limited	1,71,314	98.91%	0.00%	1.09%
18	Indian Overseas Bank	1,66,913	99.67%	0.00%	0.33%
19	IndusInd Bank	1,50,900	94.45%	0.00%	5.55%
20	Karur Vysya Bank	1,33,623	99.45%	0.00%	0.55%
21	Bank of Maharashtra	1,26,702	99.55%	0.00%	0.45%
22	IDFC FIRST Bank	1,02,785	99.85%	0.00%	0.15%
23	Yes Bank Ltd	88,879	98.83%	0.00%	1.17%
24	Karnataka Bank	78,768	95.60%	0.00%	4.40%
25	Equitas Small Finance Bank	59,328	56.21%	0.00%	43.79%
26	South Indian Bank	54,621	99.79%	0.00%	0.21%
27	AU Small Finance bank	46,236	99.97%	0.00%	0.03%
28	City Union Bank	45,444	99.94%	0.00%	0.06%
29	Standard Chartered	45,443	99.87%	0.00%	0.13%
30	Punjab and Sind Bank	43,289	99.89%	0.00%	0.11%
31	DBS Bank Ltd	39,445	99.96%	0.00%	0.04%
32	Tamilnad Mercantile Bank	31,720	99.62%	0.00%	0.38%
33	Jio Payments Bank	25,052	99.98%	0.00%	0.02%
34	Saraswat Bank	24,479	99.83%	0.00%	0.17%
35	Andhra Pradesh Grameena Vikas Bank	21,732	99.83%	0.00%	0.17%
36	Fincare Small Finance Bank	19,987	99.66%	0.00%	0.34%
37	Rajasthan Marudhara Gramin Bank	19,236	99.90%	0.00%	0.10%
38	RBL Bank	16,247	95.67%	0.00%	4.33%
39	Andhra Pragathi Grameena Bank	16,037	99.83%	0.00%	0.17%
40	Kerala Gramin Bank	15,722	98.84%	0.00%	1.16%
41	Maharashtra Gramin Bank	13,832	99.54%	0.00%	0.46%
42	HSBC Bank	13,161	99.79%	0.00%	0.21%
43	Pragathi Krishna Gramin Bank	12,966	94.05%	0.00%	5.95%
44	Cosmos Bank	12,762	94.04%	0.00%	5.96%
45	NSDL Payments Bank	9,957	91.91%	0.00%	8.09%
46	TJSB Sahakari Bank Ltd	8,921	99.71%	0.00%	0.29%
47	Catholic Syrian Bank	8,272	89.85%	0.00%	10.15%
48	Dhanlaxmi Bank Ltd	7,028	91.15%	0.00%	8.85%
49	Utkarsh Small Finance Bank	5,318	98.80%	0.00%	1.20%
50	Bharat Co-op Bank Mumbai	5,199	97.35%	0.00%	2.65%

Remarks

Mandate Registration refers to the transaction wherein the consumer creates a recurring mandate against consumers account for the payments which are recurring in nature. For example: Utility bill payments, insurance premium etc.

AutoPay Remitter Banks - Mandate Execution (Nov'23)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	2,47,54,739	54.87%	44.25%	0.88%
2	HDFC Bank Ltd	89,81,606	69.12%	30.70%	0.18%
3	Kotak Mahindra Bank	63,01,665	44.49%	55.26%	0.24%
4	Paytm Payments Bank	62,86,627	32.92%	66.82%	0.26%
5	Bank of Baroda	58,37,311	49.32%	50.40%	0.28%
6	ICICI Bank	53,56,467	69.06%	30.69%	0.24%
7	Union Bank of India	53,41,535	48.94%	50.38%	0.68%
8	Punjab National Bank	52,64,896	51.11%	48.58%	0.31%
9	Axis Bank Ltd	42,76,196	60.73%	39.19%	0.08%
10	Canara Bank	36,64,781	53.75%	45.64%	0.61%
11	Bank of India	30,21,662	51.26%	46.48%	2.26%
12	Indian Bank	25,27,184	47.10%	52.77%	0.13%
13	India Post Payment Bank	21,87,455	21.19%	77.60%	1.22%
14	Federal Bank	17,39,477	42.78%	57.00%	0.22%
15	Central Bank Of India	15,45,345	46.88%	51.14%	1.98%
16	IDBI Bank Limited	12,12,256	42.61%	35.30%	22.09%
17	IndusInd Bank	11,71,988	46.90%	52.50%	0.60%
18	Indian Overseas Bank	9,99,156	50.59%	48.86%	0.54%
19	UCO Bank	9,67,196	44.86%	54.28%	0.86%
20	Bank of Maharashtra	8,40,281	50.93%	48.59%	0.48%
21	IDFC FIRST Bank	7,74,400	45.70%	53.61%	0.70%
22	Yes Bank Ltd	6,42,743	47.25%	49.34%	3.41%
23	Karnataka Bank	4,98,686	52.94%	45.14%	1.92%
24	Punjab and Sind Bank	3,65,473	38.74%	60.78%	0.49%
25	Equitas Small Finance Bank	3,65,071	27.74%	72.25%	0.01%
26	Karur Vysya Bank	3,18,406	35.68%	22.97%	41.35%
27	DBS Bank Ltd	2,81,112	48.01%	51.23%	0.77%
28	South Indian Bank	2,63,660	54.31%	45.58%	0.12%
29	City Union Bank	2,13,271	54.20%	44.62%	1.17%
30	RBL Bank	2,00,365	17.65%	13.13%	69.22%
31	Fincare Small Finance Bank Ltd	1,93,783	18.25%	79.66%	2.09%
32	AU small Finance Bank	1,93,477	52.20%	47.58%	0.21%
33	Rajasthan Marudhara Gramin Bank	1,79,145	34.94%	64.48%	0.58%
34	Standard Chartered	1,61,209	73.98%	25.80%	0.22%
35	Tamilnad Mercantile Bank	1,56,136	51.46%	48.26%	0.28%
36	Saraswat Bank	1,39,575	58.36%	41.35%	0.29%
37	Andhra Pradesh Grameena Vikas Bank	1,39,491	34.42%	64.42%	1.16%
38	Maharashtra Gramin Bank	1,22,643	28.59%	69.07%	2.34%
39	HSBC Bank	83,783	71.45%	28.22%	0.33%
40	Andhra Pragathi Grameena Bank	82,512	35.59%	60.69%	3.71%
41	Jio Payments Bank	82,272	34.88%	65.07%	0.05%
42	Utkarsh Small Finance Bank Ltd	79,906	21.60%	76.60%	1.79%
43	NSDL Payments Bank	77,244	18.88%	80.29%	0.82%
44	Pragathi Krishna Gramin Bank	74,543	49.89%	49.67%	0.44%
45	Karnataka Vikas Grameena Bank	58,238	27.18%	66.16%	6.66%
46	Kerala Gramin Bank	57,680	42.71%	56.42%	0.86%
47	TJSB Sahakari Bank Ltd	55,282	54.57%	45.28%	0.15%
48	Chatisgarh R G Bank	47,295	45.83%	53.63%	0.55%
49	Suryoday Small Finance Bank Ltd.	46,841	26.76%	73.10%	0.14%
50	Telangana Grameena bank	46,623	38.48%	60.82%	0.70%

Remarks

Execution refers to the transaction wherein the recurring debit is done on the remitting account.

Glossary

Business Decline (BD) - Transaction decline due to a customer entering an invalid pin, incorrect beneficiary account, insufficient funds 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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.

PSP Wise Registration

UPI Autopay Registration - Payer PSP Performance (Nov'23)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Paytm Payments Bank	50,09,365	94.23%	5.30%	0.47%
2	Yes Bank Ltd	44,91,221	93.89%	5.81%	0.30%
3	Axis Bank Ltd	23,62,293	90.17%	8.82%	1.01%
4	ICICI Bank	20,26,174	91.60%	8.00%	0.40%
5	HDFC Bank Ltd	11,84,672	87.92%	11.34%	0.74%
6	State Bank Of India	10,26,604	83.69%	14.97%	1.34%
7	BHIM	1,35,865	93.71%	4.99%	1.30%
8	Jio Payments Bank	44,083	93.42%	0.97%	5.61%
9	IndusInd Bank	7,723	98.58%	1.10%	0.32%
10	DBS Bank India Limited	2,589	94.75%	1.85%	3.40%
11	Canara Bank	1,639	96.71%	0.55%	2.75%
12	Bank of India	1,000	89.80%	3.90%	6.30%
13	Central Bank Of India	812	83.37%	6.16%	10.47%
14	Punjab National Bank	55	47.27%	43.64%	9.09%
15	Dhanlaxmi Bank Ltd	16	81.25%	12.50%	6.25%
16	Equitas Small Finance Bank	1	100.00%	0.00%	0.00%

UPI Autopay Registration - Payee PSP Performance (Nov'23)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	46,72,020	94.34%	0.10%	5.55%
2	ICICI Bank	33,32,738	96.47%	0.07%	3.46%
3	Paytm Payments Bank	32,51,385	99.96%	0.00%	0.04%
4	Axis Bank Ltd	20,77,968	100.00%	0.00%	0.00%
5	HDFC Bank Ltd	18,09,625	100.00%	0.00%	0.00%
6	IndusInd Bank	1,99,597	99.96%	0.00%	0.04%
7	IDFC FIRST Bank	43,635	99.99%	0.00%	0.01%
8	Kotak Mahindra Bank	13,558	100.00%	0.00%	0.00%
9	HSBC Bank	8,989	100.00%	0.00%	0.00%

Glossary

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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
PSP - Payment Service Provider
Payer PSP - Under this function a bank can onboard a customer, create his/ her UPI ID, create device binding which is used as a first factor of Authentication, using this customer can enter their UPI PIN to approve a financial transaction or non-financial request where ever necessary.
Payee PSP - Under this function a bank can onboard a customer/merchant & allow them to receive money basis allocated UPI ID or raise a Collect request. It is also known as beneficiary PSP/resolving PSP.

PSP Wise Execution

UPI Autopay Execution - Payer PSP Performance (Nov'23)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	1,86,27,394	99.33%	0.67%	0.00%
2	Paytm Payments Bank	1,41,48,754	98.38%	1.62%	0.00%
3	Axis Bank Ltd	70,19,724	98.42%	1.58%	0.00%
4	ICICI Bank	63,53,220	97.21%	2.79%	0.00%
5	HDFC Bank Ltd	31,82,160	98.63%	1.36%	0.00%
6	State Bank Of India	18,98,622	94.46%	5.38%	0.17%
7	BHIM	4,76,857	85.57%	14.43%	0.00%
8	Jio Payments Bank	53,995	72.86%	0.33%	26.81%
9	DBS Bank India Limited	10,013	58.97%	41.02%	0.01%
10	IndusInd Bank	7,279	97.94%	2.06%	0.00%
11	Canara Bank	4,120	99.22%	0.75%	0.02%
12	Bank of India	1,813	63.60%	36.35%	0.06%
13	Central Bank Of India	614	97.23%	2.77%	0.00%
14	Punjab National Bank	80	100.00%	0.00%	0.00%
15	Dhanlaxmi Bank Ltd	52	98.08%	1.92%	0.00%
16	Equitas Small Finance Bank	1	100.00%	0.00%	0.00%

UPI Autopay Execution - Payee PSP Performance (Nov'23)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	1,94,81,950	100.00%	0.00%	0.00%
2	Paytm Payments Bank	1,21,85,576	99.98%	0.01%	0.00%
3	ICICI Bank	85,52,051	99.77%	0.01%	0.21%
4	HDFC Bank Ltd	59,63,949	99.78%	0.15%	0.07%
5	Axis Bank Ltd	41,98,813	99.77%	0.16%	0.07%
6	IndusInd Bank	5,04,084	99.71%	0.01%	0.28%
7	IDFC FIRST Bank	51,801	92.76%	1.98%	5.26%
8	HSBC Bank	18,095	99.79%	0.00%	0.21%
9	Kotak Mahindra Bank	16,137	99.98%	0.02%	0.00%

Glossary

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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
PSP - Payment Service Provider
Payer PSP - Under this function a bank can onboard a customer, create his/ her UPI ID, create device binding which is used as a first factor of Authentication, using this customer can enter their UPI PIN to approve a financial transaction or non-financial request where ever necessary.
Payee PSP - Under this function a bank can onboard a customer/merchant & allow them to receive money basis allocated UPI ID or raise a Collect request. It is also known as beneficiary PSP/resolving PSP.

AutoPay Banks Performance (Oct'23)

AutoPay Remitter Banks - Mandate Registration (Oct'23)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	32,85,972	98.02%	0.00%	1.98%
2	HDFC Bank Ltd	14,41,269	99.92%	0.00%	0.08%
3	ICICI Bank	8,43,301	99.14%	0.00%	0.86%
4	Paytm Payments Bank	7,44,305	99.97%	0.00%	0.03%
5	Bank of Baroda	6,95,140	99.25%	0.00%	0.75%
6	Kotak Mahindra Bank	6,67,769	99.63%	0.00%	0.37%
7	Punjab National Bank	6,58,625	95.59%	0.00%	4.41%
8	Union Bank of India	6,23,252	99.15%	0.00%	0.85%
9	Axis Bank Ltd	5,97,026	99.98%	0.00%	0.02%
10	Canara Bank	4,82,737	98.36%	0.00%	1.64%
11	Bank of India	3,40,018	99.60%	0.00%	0.40%
12	Indian Bank	2,92,509	99.14%	0.00%	0.86%
13	Federal Bank	2,16,068	99.83%	0.00%	0.17%
14	Central Bank Of India	2,10,452	57.45%	0.00%	42.55%
15	India Post Payment Bank	1,73,182	98.04%	0.00%	1.96%
16	UCO Bank	1,52,307	99.77%	0.00%	0.23%
17	IDBI Bank Limited	1,41,779	99.27%	0.00%	0.73%
18	Indian Overseas Bank	1,31,604	99.54%	0.00%	0.46%
19	IndusInd Bank	1,21,330	96.14%	0.00%	3.86%
20	Bank of Maharashtra	1,05,331	99.61%	0.00%	0.39%
21	IDFC FIRST Bank	86,229	99.58%	0.00%	0.42%
22	Yes Bank Ltd	73,335	99.33%	0.00%	0.67%
23	Karnataka Bank	67,817	94.95%	0.00%	5.05%
24	Karur Vysya Bank	58,756	99.07%	0.00%	0.93%
25	Equitas Small Finance Bank	51,793	57.08%	0.00%	42.92%
26	South Indian Bank	46,359	99.81%	0.00%	0.19%
27	Standard Chartered	41,081	99.89%	0.00%	0.11%
28	AU Small Finance bank	38,718	99.80%	0.00%	0.20%
29	City Union Bank	36,099	99.92%	0.00%	0.08%
30	DBS Bank Ltd	35,248	99.63%	0.00%	0.37%
31	Punjab and Sind Bank	33,377	97.22%	0.00%	2.78%
32	Tamilnad Mercantile Bank	25,364	98.31%	0.00%	1.69%
33	Jio Payments Bank	24,674	99.99%	0.00%	0.01%
34	Saraswat Bank	20,643	99.92%	0.00%	0.08%
35	Fincare Small Finance Bank	18,878	99.77%	0.00%	0.23%
36	Rajasthan Marudhara Gramin Bank	17,903	99.72%	0.00%	0.28%
37	Andhra Pradesh Grameena Vikas Bank	16,714	99.28%	0.00%	0.72%
38	Kerala Gramin Bank	14,221	98.73%	0.00%	1.27%
39	HSBC Bank	13,910	99.82%	0.00%	0.18%
40	RBL Bank	13,551	97.96%	0.00%	2.04%
41	Andhra Pragathi Grameena Bank	11,224	99.98%	0.00%	0.02%
42	Maharashtra Gramin Bank	10,975	99.91%	0.00%	0.09%
43	Pragathi Krishna Gramin Bank	10,327	99.85%	0.00%	0.15%
44	Cosmos Bank	9,880	93.38%	0.00%	6.62%
45	NSDL Payments Bank	9,764	95.75%	0.00%	4.25%
46	TJSB Sahakari Bank Ltd	7,281	99.71%	0.00%	0.29%
47	Catholic Syrian Bank	6,753	91.01%	0.00%	8.99%
48	Dhanlaxmi Bank Ltd	5,897	93.57%	0.00%	6.43%
49	Bharat Co-op Bank Mumbai	5,538	98.88%	0.00%	1.12%
50	Suryoday Small Finance Bank Ltd.	4,725	99.92%	0.00%	0.08%

Remarks

Mandate Registration refers to the transaction wherein the consumer creates a recurring mandate against consumers account for the payments which are recurring in nature. For example: Utility bill payments, insurance premium etc.

AutoPay Remitter Banks - Mandate Execution (Oct'23)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	2,46,39,946	51.85%	44.36%	3.79%
2	HDFC Bank Ltd	85,42,200	68.34%	31.36%	0.30%
3	Paytm Payments Bank	64,09,073	31.70%	68.04%	0.26%
4	Kotak Mahindra Bank	60,23,322	43.66%	55.34%	1.00%
5	Bank of Baroda	59,60,203	46.37%	53.01%	0.62%
6	ICICI Bank	53,95,464	63.51%	36.08%	0.41%
7	Union Bank of India	51,17,117	47.00%	51.80%	1.20%
8	Punjab National Bank	50,51,951	48.99%	50.43%	0.58%
9	Axis Bank Ltd	40,94,335	59.55%	40.36%	0.09%
10	Canara Bank	34,87,972	52.01%	47.61%	0.38%
11	Bank of India	29,41,480	49.84%	49.49%	0.67%
12	Indian Bank	24,32,320	45.20%	54.54%	0.27%
13	India Post Payment Bank	20,64,597	19.73%	79.12%	1.15%
14	Federal Bank	17,08,060	41.44%	58.32%	0.25%
15	Central Bank Of India	14,26,101	43.74%	53.68%	2.58%
16	IDBI Bank Limited	11,80,550	40.64%	38.73%	20.63%
17	IndusInd Bank	11,33,272	45.56%	53.60%	0.84%
18	UCO Bank	10,27,449	37.66%	56.35%	5.99%
19	Indian Overseas Bank	9,60,189	47.72%	51.86%	0.42%
20	Bank of Maharashtra	8,11,499	48.70%	50.79%	0.51%
21	IDFC FIRST Bank	7,44,153	43.97%	55.55%	0.49%
22	Yes Bank Ltd	6,27,000	44.93%	52.15%	2.92%
23	Karnataka Bank	4,54,007	53.67%	44.13%	2.21%
24	Equitas Small Finance Bank	3,78,367	26.64%	73.34%	0.03%
25	Karur Vysya Bank	3,43,999	55.37%	42.60%	2.03%
26	Punjab and Sind Bank	3,35,791	37.33%	61.17%	1.50%
27	DBS Bank Ltd	2,72,419	47.36%	51.83%	0.80%
28	South Indian Bank	2,32,376	58.34%	41.57%	0.10%
29	RBL Bank	2,15,394	15.64%	12.50%	71.86%
30	City Union Bank	1,90,413	53.71%	45.62%	0.67%
31	Fincare Small Finance Bank Ltd	1,82,519	19.20%	79.29%	1.51%
32	Rajasthan Marudhara Gramin Bank	1,78,343	32.41%	66.78%	0.81%
33	AU small Finance Bank	1,60,617	51.55%	48.04%	0.41%
34	Standard Chartered	1,44,262	74.65%	24.96%	0.39%
35	Tamilnad Mercantile Bank	1,43,616	49.99%	49.29%	0.72%
36	Andhra Pradesh Grameena Vikas Bank	1,32,016	31.50%	67.25%	1.24%
37	Saraswat Bank	1,29,283	58.05%	41.74%	0.21%
38	Maharashtra Gramin Bank	1,18,686	27.14%	70.88%	1.98%
39	HSBC Bank	83,665	71.17%	28.51%	0.32%
40	Utkarsh Small Finance Bank Ltd	80,147	19.64%	79.43%	0.93%
41	Jio Payments Bank	76,334	36.48%	63.36%	0.15%
42	Andhra Pragathi Grameena Bank	75,590	32.51%	65.40%	2.09%
43	NSDL Payments Bank	73,365	21.27%	77.60%	1.13%
44	Pragathi Krishna Gramin Bank	72,703	47.37%	52.12%	0.51%
45	Karnataka Vikas Grameena Bank	60,045	26.14%	67.79%	6.07%
46	Kerala Gramin Bank	58,711	38.55%	60.24%	1.21%
47	TJSB Sahakari Bank Ltd	52,794	52.67%	47.08%	0.25%
48	Suryoday Small Finance Bank Ltd.	48,016	25.45%	72.07%	2.48%
49	Telangana Grameena bank	45,196	33.78%	65.00%	1.22%
50	CSB Bank Ltd	37,846	50.05%	39.73%	10.22%

Remarks

Execution refers to the transaction wherein the recurring debit is done on the remitting account.

Glossary

Business Decline (BD) - Transaction decline due to a customer entering an invalid pin, incorrect beneficiary account, insufficient funds 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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.

PSP Wise Registration

UPI Autopay Registration - Payer PSP Performance (Oct'23)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	41,66,100	93.13%	6.54%	0.32%
2	Paytm Payments Bank	34,24,528	91.15%	8.08%	0.77%
3	Axis Bank Ltd	22,03,091	90.07%	9.49%	0.43%
4	ICICI Bank	17,97,738	90.37%	9.12%	0.51%
5	HDFC Bank Ltd	10,45,376	86.50%	12.72%	0.79%
6	State Bank Of India	9,68,138	82.22%	16.74%	1.04%
7	BHIM	1,24,680	93.29%	5.32%	1.39%
8	Jio Payments Bank	54,850	98.61%	1.19%	0.20%
9	IndusInd Bank	8,447	98.83%	0.69%	0.49%
10	DBS Bank India Limited	3,108	97.14%	1.64%	1.22%
11	Canara Bank	1,561	91.16%	0.64%	8.20%
12	Bank of India	1,497	94.39%	2.94%	2.67%
13	Central Bank Of India	424	76.89%	9.43%	13.68%
14	Punjab National Bank	150	22.00%	17.33%	60.67%
15	Dhanlaxmi Bank Ltd	25	76.00%	20.00%	4.00%
16	Equitas Small Finance Bank	20	50.00%	15.00%	35.00%

UPI Autopay Registration - Payee PSP Performance (Oct'23)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	32,06,127	95.30%	0.08%	4.61%
2	ICICI Bank	31,39,901	99.88%	0.00%	0.12%
3	Paytm Payments Bank	25,92,687	92.56%	0.07%	7.37%
4	Axis Bank Ltd	22,17,391	100.00%	0.00%	0.00%
5	HDFC Bank Ltd	15,09,472	99.99%	0.00%	0.01%
6	IndusInd Bank	1,44,640	99.93%	0.00%	0.07%
7	IDFC FIRST Bank	36,354	100.00%	0.00%	0.00%
8	Kotak Mahindra Bank	12,526	100.00%	0.00%	0.00%
9	HSBC Bank	6,610	100.00%	0.00%	0.00%

Glossary

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.
Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
PSP - Payment Service Provider
Payer PSP - Under this function a bank can onboard a customer, create his/ her UPI ID, create device binding which is used as a first factor of Authentication, using this customer can enter their UPI PIN to approve a financial transaction or non-financial request where ever necessary.
Payee PSP - Under this function a bank can onboard a customer/merchant & allow them to receive money basis allocated UPI ID or raise a Collect request. It is also

Ecosystem Statistics

AutoPay

Filter:

AutoPay Banks Performance (Aug'24)

Remarks

Remarks

Glossary

PSP Wise Registration

Glossary

PSP Wise Execution

Glossary

AutoPay Banks Performance (Jul'24)

Remarks

Remarks

Glossary

PSP Wise Registration

Glossary

PSP Wise Execution

Glossary

AutoPay Banks Performance (Jun'24)

Remarks

Remarks

Glossary

PSP Wise Registration

Glossary

PSP Wise Execution

Glossary

AutoPay Banks Performance (May'24)

Remarks

Remarks

Glossary

PSP Wise Registration

Glossary

PSP Wise Execution

Glossary

AutoPay Banks Performance (Apr'24)

Remarks

Remarks

Glossary

PSP Wise Registration

Glossary

PSP Wise Execution

Glossary

AutoPay Banks Performance (Mar'24)

Remarks

Remarks

Glossary

PSP Wise Registration

Glossary

PSP Wise Execution

Glossary

AutoPay Banks Performance (Feb'24)

Remarks

Remarks

Glossary

PSP Wise Registration

Glossary

PSP Wise Execution

Glossary

AutoPay Banks Performance (Jan'24)

Remarks

Remarks

Glossary

PSP Wise Registration

Glossary

PSP Wise Execution

Glossary

AutoPay Banks Performance (Dec'23)

Remarks

Remarks

Glossary

PSP Wise Registration

Glossary

PSP Wise Execution

Glossary

AutoPay Banks Performance (Nov'23)

Remarks

Remarks

Glossary

PSP Wise Registration