Ecosystem Statistics

AutoPay Banks Performance (August'25)

AutoPay Remitter Banks - Mandate Registration (August'25)
Sr. No.	Remitter Bank	Total Volume(Mn)	Approved%	BD%	TD%
1	State Bank of India	14.91	95.85%	4.07%	0.08%
2	HDFC Bank Ltd	4.40	96.72%	3.17%	0.10%
3	Bank of Baroda	4.31	95.29%	4.22%	0.49%
4	Punjab National Bank	3.74	94.54%	4.96%	0.50%
5	Airtel Payments Bank	3.55	93.87%	5.96%	0.17%
6	Union Bank of India	3.28	94.92%	4.46%	0.61%
7	Kotak Mahindra Bank	3.10	95.28%	4.60%	0.12%
8	India Post Payment Bank	2.73	94.06%	5.64%	0.31%
9	Canara Bank	2.46	92.80%	7.08%	0.12%
10	Axis Bank Ltd	2.20	96.84%	3.14%	0.03%
11	ICICI Bank	2.02	96.97%	2.85%	0.17%
12	Indian Bank	1.73	96.56%	3.39%	0.05%
13	Bank of India	1.72	94.12%	4.52%	1.36%
14	Central Bank of India	1.08	92.85%	6.87%	0.28%
15	Fino Payments Bank	1.07	93.99%	5.36%	0.65%
16	Indian Overseas Bank	0.95	78.42%	0.69%	20.90%
17	UCO Bank	0.93	94.87%	4.87%	0.25%
18	PPI Wallets	0.87	100.00%	0.00%	0.00%
19	Federal Bank	0.81	95.48%	3.80%	0.72%
20	IndusInd Bank	0.77	94.87%	5.07%	0.06%
21	Bank of Maharashtra	0.58	96.44%	3.54%	0.01%
22	IDBI Bank Limited	0.57	96.33%	2.99%	0.67%
23	Jio Payments Bank	0.41	92.17%	7.31%	0.53%
24	IDFC FIRST Bank	0.35	96.07%	3.92%	0.01%
25	Yes Bank Ltd	0.34	91.84%	7.32%	0.84%
26	Karnataka Bank	0.33	95.31%	4.32%	0.37%
27	Jammu and Kashmir Bank	0.32	93.99%	5.86%	0.14%
28	NSDL Payments Bank	0.29	87.98%	4.58%	7.45%
29	AU Small Finance bank	0.27	95.00%	3.71%	1.29%
30	Karur Vysya Bank	0.22	91.86%	7.90%	0.24%
31	Punjab and Sind Bank	0.20	94.26%	5.50%	0.24%
32	South Indian Bank	0.18	96.17%	3.82%	0.01%
33	Ujjivan Small Finance Bank	0.16	92.02%	7.67%	0.31%
34	City Union Bank	0.13	92.33%	6.40%	1.27%
35	Rajasthan Marudhara Gramin Bank	0.13	95.02%	4.26%	0.73%
36	Tamilnad Mercantile Bank	0.12	89.17%	4.39%	6.44%
37	Kerala Gramin Bank	0.11	90.84%	7.05%	2.11%
38	Maharashtra Gramin Bank	0.10	95.54%	4.18%	0.28%
39	DBS Bank Ltd	0.09	96.35%	3.23%	0.42%
40	North East Small Finance Bank	0.09	96.86%	2.92%	0.22%
41	Pragathi Krishna Gramin Bank	0.08	91.69%	8.09%	0.21%
42	Equitas Small Finance Bank	0.08	95.63%	4.30%	0.07%
43	Andhra Pragathi Grameena Bank	0.07	94.96%	4.67%	0.37%
44	Karnataka Vikas Grameena Bank	0.07	59.99%	39.94%	0.07%
45	Saraswat Bank	0.07	95.81%	3.70%	0.49%
46	Standard Chartered	0.07	98.18%	1.63%	0.19%
47	RBL Bank	0.07	91.17%	4.84%	3.99%
48	Jana Small Finance Bank Ltd	0.05	46.53%	3.01%	50.45%
49	Andhra Pradesh Grameena Vikas Bank	0.05	76.81%	16.06%	7.12%
50	HSBC Bank	0.05	97.96%	1.82%	0.22%

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 (August'25)
Sr. No.	Remitter Bank	Total Volume(Mn)	Approved%	BD%	TD%
1	State Bank of India	212.61	36.14%	63.04%	0.83%
2	Bank of Baroda	64.90	30.89%	69.02%	0.08%
3	Kotak Mahindra Bank	57.06	26.07%	73.63%	0.29%
4	Airtel Payments Bank Limited	56.89	10.49%	89.36%	0.15%
5	HDFC Bank	56.79	45.28%	54.71%	0.01%
6	Punjab National Bank	55.47	30.68%	69.18%	0.14%
7	Union Bank of India	54.96	30.30%	69.20%	0.50%
8	India Post Payments Bank Limited	42.91	13.96%	85.38%	0.67%
9	Canara Bank	38.81	34.63%	64.91%	0.46%
10	Axis Bank	33.51	36.79%	63.20%	0.01%
11	Indian Bank	28.97	28.06%	71.87%	0.07%
12	Bank of India	27.80	32.15%	63.96%	3.89%
13	ICICI Bank	22.63	52.53%	46.99%	0.47%
14	Fino Payments Bank	17.11	13.69%	85.74%	0.57%
15	Central Bank of India	15.00	30.70%	68.52%	0.78%
16	Indusind Bank	14.61	23.55%	75.14%	1.31%
17	UCO Bank	13.79	27.37%	72.02%	0.61%
18	Indian Overseas Bank	12.42	28.75%	70.65%	0.60%
19	Federal Bank	12.02	27.88%	71.67%	0.45%
20	IDBI Bank	8.91	35.19%	64.04%	0.78%
21	Bank of Maharashtra	8.08	32.94%	66.90%	0.16%
22	Karnataka Bank	7.30	34.53%	65.31%	0.15%
23	IDFC First Bank Ltd	5.98	30.26%	69.59%	0.15%
24	Yes Bank Limited	5.65	25.30%	73.69%	1.01%
25	Au Small Finance Bank	5.04	22.92%	74.89%	2.19%
26	Jio Payments Bank Ltd	4.73	13.93%	84.89%	1.18%
27	NSDL Payments Bank Limited	4.09	10.48%	88.33%	1.19%
28	The Jammu & Kashmir Bank Limited	3.68	29.28%	68.73%	1.99%
29	Punjab And Sind Bank	3.37	26.60%	72.78%	0.62%
30	Karur Vysya Bank	3.19	36.72%	62.69%	0.59%
31	Ujjivan Small Finance Bank Limited	2.50	23.28%	75.78%	0.94%
32	The South Indian Bank Limited	2.08	43.36%	56.51%	0.13%
33	Paytm Payments Bank Limited (Pti)	2.04	0.04%	99.70%	0.26%
34	Rajasthan Marudhara Gramin Bank	2.02	21.85%	75.29%	2.86%
35	City Union Bank	1.98	33.67%	64.90%	1.43%
36	Maharashtra Gramin Bank	1.83	18.33%	78.49%	3.18%
37	Karnataka Gramin Bank (Erstwhile Pragathi Krishna Gramin Bank)	1.83	29.11%	69.14%	1.75%
38	Tamilnad Mercantile Bank Limited	1.69	35.08%	64.62%	0.30%
39	DBS Bank India Limited	1.56	29.75%	69.60%	0.65%
40	RBL Bank Limited	1.38	16.22%	83.06%	0.73%
41	Andhra Pragathi Grameena Bank	1.37	19.65%	76.83%	3.52%
42	Karnataka Vikas Grameena Bank	1.35	19.00%	77.32%	3.69%
43	Equitas Small Finance Bank	1.11	21.04%	78.71%	0.26%
44	Saraswat Co-Operative Bank	1.05	40.78%	58.83%	0.39%
45	Kerala Gramin Bank	1.01	35.10%	62.42%	2.48%
46	Telangana Grameena Bank	0.88	21.55%	75.90%	2.55%
47	Utkarsh Small Finance Bank Limited	0.83	19.92%	79.85%	0.23%
48	Chhattisgarh Rajya Gramin Bank	0.80	18.32%	80.33%	1.34%
49	Standard Chartered Bank	0.77	50.68%	48.96%	0.36%
50	Suryoday Small Finance Bank Limited	0.75	13.63%	83.11%	3.26%

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 (August'25)
Sr. No.	Payer PSP	Total Volume (Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	25.72	94.93%	2.59%	2.48%
2	Axis Bank Ltd	14.43	95.06%	3.08%	1.86%
3	ICICI Bank	11.25	95.75%	2.57%	1.68%
4	State Bank Of India	5.48	93.11%	5.07%	1.82%
5	HDFC Bank Ltd	5.40	92.53%	4.60%	2.88%
6	BHIM	0.37	92.46%	6.34%	1.20%
7	Slice Small Finance Bank	0.06	97.87%	0.97%	1.17%
8	Kotak Mahindra Bank	0.06	87.30%	10.56%	2.14%
9	Airtel Payments Bank	0.05	96.41%	0.77%	2.82%
10	RBL Bank	0.02	88.82%	4.18%	7.00%
11	Jio Payments Bank	0.01	61.11%	17.27%	21.62%
12	Federal Bank	0.01	92.18%	2.55%	5.27%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

UPI Autopay Registration - Payee PSP Performance (August'25)
Sr. No.	Payee PSP	Total Volume (Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	29.29	95.06%	1.11%	3.83%
2	Axis Bank Ltd	11.78	99.92%	0.05%	0.02%
3	HDFC Bank Ltd	9.55	99.56%	0.17%	0.27%
4	ICICI Bank	4.45	98.61%	1.15%	0.24%
5	NSDL Payments Bank	1.80	99.92%	0.03%	0.05%
6	Airtel Payments Bank	1.75	99.84%	0.05%	0.11%
7	RBL Bank	1.02	99.91%	0.07%	0.02%
8	IndusInd Bank	0.90	99.32%	0.55%	0.13%
9	HSBC Bank	0.33	100.00%	0.00%	0.00%
10	IDFC FIRST Bank	0.17	97.83%	1.65%	0.52%
11	Kotak Mahindra Bank	0.10	99.80%	0.11%	0.09%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

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 (August'25)
Sr. No.	Payer PSP	Total Volume(Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	129.88	97.68%	2.29%	0.03%
2	Axis Bank Ltd	67.94	97.03%	2.94%	0.02%
3	ICICI Bank	47.51	98.81%	1.15%	0.04%
4	HDFC Bank Ltd	26.82	98.51%	1.49%	0.00%
5	State Bank Of India	18.66	99.44%	0.54%	0.02%
6	BHIM	1.40	95.74%	4.26%	0.00%
7	Kotak Mahindra Bank	0.23	33.80%	66.20%	0.00%
8	Slice Small Finance Bank	0.19	43.81%	52.62%	3.57%
9	Airtel Payments Bank	0.12	23.26%	76.17%	0.57%
10	Jio Payments Bank	0.06	14.90%	3.19%	81.92%
11	Federal Bank	0.05	30.02%	69.98%	0.00%
12	RBL Bank	0.05	97.69%	2.31%	0.00%
13	DBS Bank India Limited	0.03	37.26%	62.73%	0.01%
14	Unity Small Finance Bank	0.03	45.66%	54.34%	0.00%
15	Canara Bank	0.02	74.54%	25.46%	0.00%
16	IndusInd Bank	0.02	23.43%	76.57%	0.00%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

UPI Autopay Execution - Payee PSP Performance (August'25)
Sr. No.	Payee PSP	Total Volume(Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	179.66	99.92%	0.00%	0.08%
2	HDFC Bank Ltd	44.97	99.86%	0.13%	0.01%
3	Axis Bank Ltd	24.21	99.95%	0.04%	0.00%
4	ICICI Bank	21.62	99.68%	0.08%	0.24%
5	IndusInd Bank	7.88	99.06%	0.00%	0.94%
6	Airtel Payments Bank	2.02	99.99%	0.00%	0.01%
7	NSDL Payments Bank	1.97	98.72%	1.05%	0.22%
8	HSBC Bank	1.58	96.93%	0.00%	3.07%
9	RBL Bank	1.56	100.00%	0.00%	0.00%
10	IDFC FIRST Bank	0.88	99.76%	0.00%	0.24%
11	Kotak Mahindra Bank	0.36	99.91%	0.07%	0.02%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

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 (July'25)

AutoPay Remitter Banks - Mandate Registration (July'25)
Sr. No.	Remitter Bank	Total Volume(Mn)	Approved%	BD%	TD%
1	State Bank Of India	13.06	95.69%	3.79%	0.52%
2	HDFC Bank Ltd	4.10	96.85%	3.03%	0.13%
3	Bank of Baroda	3.69	95.74%	3.96%	0.30%
4	Punjab National Bank	3.18	94.02%	5.06%	0.92%
5	Union Bank of India	2.80	95.65%	4.29%	0.06%
6	Kotak Mahindra Bank	2.73	95.36%	4.54%	0.09%
7	Airtel Payments Bank	2.70	93.97%	5.92%	0.11%
8	India Post Payment Bank	2.16	92.79%	6.59%	0.62%
9	Canara Bank	2.15	93.18%	6.71%	0.11%
10	Axis Bank Ltd	1.99	96.99%	2.94%	0.07%
11	ICICI Bank	1.91	97.08%	2.68%	0.24%
12	Bank of India	1.50	95.46%	4.21%	0.33%
13	Indian Bank	1.45	96.58%	3.18%	0.25%
14	Central Bank Of India	0.90	93.29%	6.42%	0.29%
15	Indian Overseas Bank	0.89	95.35%	4.23%	0.42%
16	Fino Payments Bank	0.79	94.05%	5.45%	0.51%
17	UCO Bank	0.78	95.28%	4.48%	0.24%
18	Federal Bank	0.72	96.28%	3.65%	0.08%
19	IndusInd Bank	0.64	94.97%	5.01%	0.02%
20	Bank of Maharashtra	0.52	96.67%	3.31%	0.02%
21	IDBI Bank Limited	0.51	96.72%	2.84%	0.44%
22	PPIW	0.45	100.00%	0.00%	0.00%
23	Jio Payments Bank	0.32	92.68%	6.93%	0.39%
24	IDFC FIRST Bank	0.31	96.66%	3.32%	0.02%
25	Yes Bank Ltd	0.31	92.25%	7.05%	0.70%
26	Karnataka Bank	0.30	95.36%	3.93%	0.71%
27	Jammu and Kashmir Bank	0.28	95.67%	4.07%	0.27%
28	AU Small Finance bank	0.23	96.18%	3.57%	0.26%
29	NSDL Payments Bank	0.21	87.69%	4.66%	7.65%
30	Karur Vysya Bank	0.20	91.76%	6.89%	1.35%
31	Punjab and Sind Bank	0.17	94.82%	4.72%	0.46%
32	South Indian Bank	0.16	96.41%	3.58%	0.01%
33	Ujjivan Small Finance Bank	0.14	92.75%	6.99%	0.26%
34	City Union Bank	0.12	92.65%	6.44%	0.91%
35	Rajasthan Marudhara Gramin Bank	0.12	95.49%	4.14%	0.36%
36	Tamilnad Mercantile Bank	0.11	90.35%	4.04%	5.61%
37	DBS Bank Ltd	0.09	96.55%	3.31%	0.14%
38	Kerala Gramin Bank	0.09	93.95%	5.42%	0.63%
39	Maharashtra Gramin Bank	0.08	95.91%	4.01%	0.08%
40	Equitas Small Finance Bank	0.07	95.97%	4.00%	0.03%
41	Pragathi Krishna Gramin Bank	0.07	92.31%	7.67%	0.02%
42	Saraswat Bank	0.07	96.38%	3.57%	0.04%
43	Standard Chartered	0.07	98.25%	1.57%	0.18%
44	Andhra Pragathi Grameena Bank	0.06	94.87%	4.86%	0.27%
45	North East Small Finance Bank	0.06	96.80%	2.99%	0.21%
46	RBL Bank	0.06	90.87%	4.69%	4.44%
47	Karnataka Vikas Grameena Bank	0.05	95.02%	4.87%	0.11%
48	HSBC Bank	0.04	97.83%	1.41%	0.76%
49	Jana Small Finance Bank Ltd	0.04	50.21%	3.30%	46.50%
50	Andhra Pradesh Grameena Vikas Bank	0.04	81.78%	18.19%	0.03%

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 (July'25)
Sr. No.	Remitter Bank	Total Volume(Mn)	Approved%	BD%	TD%
1	State Bank of India	185.73	34.23%	64.77%	1.00%
2	Bank of Baroda	55.74	28.98%	70.83%	0.18%
9	Kotak Mahindra Bank	52.23	24.42%	75.09%	0.49%
3	HDFC Bank	51.69	43.11%	56.73%	0.16%
4	Union Bank Of India	48.96	28.13%	71.58%	0.29%
5	Punjab national Bank	47.53	29.15%	70.59%	0.25%
6	AIRTEL PAYMENTS BANK LIMITED	44.08	9.62%	90.22%	0.15%
7	INDIA POST PAYMENTS BANK LIMITED	34.24	12.78%	87.11%	0.11%
8	Canara Bank	34.07	32.09%	67.44%	0.47%
10	Axis Bank	31.15	34.16%	65.80%	0.04%
11	Indian Bank	24.89	26.22%	73.30%	0.48%
12	Bank Of India	24.20	30.46%	67.70%	1.84%
13	ICICI Bank	21.39	48.87%	51.00%	0.12%
15	Fino Payments Bank Limited FIP	12.91	11.67%	88.07%	0.25%
14	Central Bank of India	12.85	28.46%	70.39%	1.15%
16	Indusind Bank	12.48	22.16%	77.08%	0.77%
17	UCO Bank	12.20	26.04%	73.36%	0.60%
18	Indian Overseas Bank	11.70	25.25%	73.92%	0.83%
19	Federal Bank	11.31	25.34%	74.25%	0.42%
20	IDBI Bank	8.01	33.11%	66.21%	0.68%
21	Bank of Maharashtra	7.14	31.10%	68.68%	0.22%
22	Karnataka Bank	6.31	32.28%	67.00%	0.72%
23	IDFC First Bank Ltd	5.51	27.82%	71.81%	0.37%
24	YES BANK LIMITED	5.28	23.54%	75.30%	1.16%
25	AU SMALL FINANCE BANK	4.58	21.20%	78.02%	0.78%
26	JIO PAYMENTS BANK LTD	3.59	12.94%	86.29%	0.78%
27	NSDL Payments Bank Limited	3.00	9.38%	89.87%	0.75%
28	The Jammu & Kashmir Bank Limited	3.00	28.14%	69.07%	2.80%
29	Punjab and Sind Bank	2.93	24.18%	75.13%	0.69%
30	Karur Vysya Bank	2.90	34.10%	65.17%	0.73%
31	Paytm Payments Bank Limited	2.70	0.03%	99.90%	0.07%
32	Rajasthan Marudhara Gramin Bank	2.02	19.57%	77.32%	3.11%
33	UJJIVAN SMALL FINANCE BANK LIMITED	2.01	22.05%	77.15%	0.79%
34	The South Indian Bank Limited	1.83	38.60%	61.36%	0.04%
35	City Union Bank	1.75	30.98%	68.25%	0.76%
36	Maharashtra Gramin Bank	1.60	16.52%	80.07%	3.40%
37	Karnataka Gramin Bank (Erstwhile Pragathi Krishna Gramin Bank)	1.55	27.49%	71.92%	0.59%
38	Tamilnad Mercantile Bank Limited	1.46	32.41%	67.08%	0.51%
39	DBS Bank India Limited	1.44	27.91%	72.04%	0.05%
40	RBL Bank Limited	1.25	15.13%	83.94%	0.93%
41	Karnataka Vikas Grameena Bank	1.11	17.83%	78.71%	3.46%
42	Andhra Pragathi Grameena Bank	1.10	18.43%	76.75%	4.82%
43	EQUITAS SMALL FINANCE BANK	1.08	18.44%	81.53%	0.02%
44	Saraswat Co-operative Bank	1.03	36.13%	63.75%	0.12%
45	KERALA GRAMIN BANK	0.94	31.41%	67.09%	1.50%
46	TELANGANA GRAMEENA BANK	0.92	20.66%	77.11%	2.23%
47	Andhra Pradesh Grameena Vikas Bank	0.91	8.99%	90.29%	0.72%
48	Standard Chartered Bank	0.83	45.29%	54.55%	0.16%
49	UTKARSH SMALL FINANCE BANK LIMITED	0.70	19.05%	80.68%	0.27%
50	CHHATTISGARH RAJYA GRAMIN BANK	0.66	17.48%	81.36%	1.16%

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 (July'25)
Sr. No.	Payer PSP	Total Volume (Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	21.90	94.06%	3.29%	2.65%
2	Axis Bank Ltd	13.11	93.81%	3.63%	2.56%
3	ICICI Bank	10.91	94.87%	2.91%	2.21%
4	HDFC Bank Ltd	5.37	91.86%	5.10%	3.04%
5	State Bank Of India	3.08	87.86%	9.82%	2.32%
6	BHIM	0.34	89.89%	6.98%	3.13%
7	Slice Small Finance Bank	0.05	95.46%	0.80%	3.74%
8	Kotak Mahindra Bank	0.05	87.89%	10.24%	1.87%
9	RBL Bank	0.03	92.39%	3.60%	4.02%
10	Airtel Payments Bank	0.02	94.24%	1.58%	4.18%
11	Jio Payments Bank	0.01	63.37%	18.61%	18.02%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

UPI Autopay Registration - Payee PSP Performance (July'25)
Sr. No.	Payee PSP	Total Volume (Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	24.25	94.37%	1.31%	4.32%
2	Axis Bank Ltd	11.26	99.87%	0.06%	0.08%
3	HDFC Bank Ltd	9.31	98.15%	0.12%	1.73%
4	ICICI Bank	5.12	98.71%	0.99%	0.31%
5	RBL Bank	0.93	99.93%	0.05%	0.01%
6	IndusInd Bank	0.75	99.50%	0.39%	0.11%
7	Airtel Payments Bank	0.63	99.64%	0.03%	0.33%
8	HSBC Bank	0.30	100.00%	0.00%	0.00%
9	NSDL Payments Bank	0.20	99.81%	0.03%	0.17%
10	IDFC FIRST Bank	0.16	98.10%	1.65%	0.25%
11	Kotak Mahindra Bank	0.08	99.96%	0.01%	0.04%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

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 (July'25)
Sr. No.	Payer PSP	Total Volume(Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	118.20	98.55%	1.39%	0.06%
2	Axis Bank Ltd	63.18	98.53%	1.42%	0.05%
3	ICICI Bank	45.05	98.29%	1.64%	0.08%
4	HDFC Bank Ltd	25.74	98.12%	1.88%	0.00%
5	State Bank Of India	15.57	99.33%	0.65%	0.02%
6	BHIM	1.18	98.22%	1.78%	0.00%
7	Kotak Mahindra Bank	0.19	34.74%	65.26%	0.00%
8	Slice Small Finance Bank	0.13	51.75%	38.04%	10.21%
9	Jio Payments Bank	0.07	13.36%	1.86%	84.78%
10	RBL Bank	0.06	96.96%	3.04%	0.00%
11	Airtel Payments Bank	0.05	30.23%	69.43%	0.34%
12	Federal Bank	0.04	28.59%	71.41%	0.00%
13	DBS Bank India Limited	0.03	33.70%	66.29%	0.01%
14	Canara Bank	0.02	77.54%	22.46%	0.00%
15	IndusInd Bank	0.01	21.32%	78.68%	0.00%
16	Unity Small Finance Bank	0.01	54.68%	45.32%	0.00%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

UPI Autopay Execution - Payee PSP Performance (July'25)
Sr. No.	Payee PSP	Total Volume(Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	164.06	99.98%	0.00%	0.02%
2	HDFC Bank Ltd	43.11	99.86%	0.10%	0.04%
3	Axis Bank Ltd	23.26	99.95%	0.05%	0.01%
4	ICICI Bank	22.33	99.79%	0.03%	0.18%
5	IndusInd Bank	7.77	99.71%	0.00%	0.29%
6	HSBC Bank	1.44	99.39%	0.03%	0.59%
7	RBL Bank	1.33	100.00%	0.00%	0.00%
8	IDFC FIRST Bank	0.84	99.92%	0.00%	0.08%
9	Airtel Payments Bank	0.68	100.00%	0.00%	0.00%
10	Kotak Mahindra Bank	0.29	99.98%	0.01%	0.00%
11	NSDL Payments Bank	0.18	97.37%	2.41%	0.23%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

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'25)

AutoPay Remitter Banks - Mandate Registration (Jun'25)
Sr. No.	Remitter Bank	Total Volume(Mn)	Approved%	BD%	TD%
1	State Bank Of India	11.82	95.95%	3.98%	0.07%
2	HDFC Bank Ltd	3.91	96.48%	3.39%	0.13%
3	Bank of Baroda	3.29	95.70%	4.19%	0.12%
4	Punjab National Bank	2.93	93.81%	5.58%	0.61%
5	Union Bank of India	2.54	95.36%	4.50%	0.14%
6	Kotak Mahindra Bank	2.46	95.35%	4.58%	0.07%
7	Airtel Payments Bank	2.31	93.43%	6.36%	0.21%
8	Canara Bank	1.96	93.33%	6.63%	0.04%
9	Axis Bank Ltd	1.86	96.54%	3.02%	0.44%
10	India Post Payment Bank	1.82	92.70%	6.76%	0.54%
11	ICICI Bank	1.81	97.23%	2.64%	0.13%
12	Bank of India	1.38	94.10%	4.49%	1.41%
13	Indian Bank	1.29	96.50%	3.34%	0.16%
14	Central Bank Of India	0.81	93.49%	6.37%	0.14%
15	UCO Bank	0.70	94.85%	4.59%	0.57%
16	Indian Overseas Bank	0.69	95.30%	4.58%	0.12%
17	Fino Payments Bank	0.69	94.01%	5.52%	0.46%
18	Federal Bank	0.68	96.17%	3.76%	0.07%
19	IndusInd Bank	0.57	94.77%	5.13%	0.10%
20	IDBI Bank Limited	0.47	96.61%	3.01%	0.38%
21	Bank of Maharashtra	0.47	96.50%	3.46%	0.04%
22	IDFC FIRST Bank	0.28	96.58%	3.41%	0.01%
23	Yes Bank Ltd	0.28	92.96%	6.09%	0.95%
24	Karnataka Bank	0.28	95.56%	4.03%	0.42%
25	Jio Payments Bank	0.27	92.92%	6.88%	0.20%
26	Jammu and Kashmir Bank	0.23	95.52%	4.30%	0.17%
27	AU Small Finance bank	0.20	96.31%	3.66%	0.03%
28	Karur Vysya Bank	0.18	92.55%	7.16%	0.29%
29	NSDL Payments Bank	0.18	86.40%	4.76%	8.85%
30	Punjab and Sind Bank	0.16	94.50%	4.68%	0.82%
31	South Indian Bank	0.15	96.27%	3.69%	0.03%
32	Ujjivan Small Finance Bank	0.12	92.73%	7.13%	0.14%
33	City Union Bank	0.11	92.49%	6.57%	0.94%
34	Rajasthan Marudhara Gramin Bank	0.10	95.43%	4.32%	0.25%
35	Tamilnad Mercantile Bank	0.10	90.95%	4.00%	5.05%
36	Kerala Gramin Bank	0.09	91.85%	6.78%	1.37%
37	DBS Bank Ltd	0.08	96.69%	3.26%	0.06%
38	Maharashtra Gramin Bank	0.07	95.42%	4.36%	0.22%
39	Equitas Small Finance Bank	0.07	95.95%	4.00%	0.06%
40	Standard Chartered	0.07	98.50%	1.47%	0.03%
41	Pragathi Krishna Gramin Bank	0.06	88.64%	8.43%	2.93%
42	Saraswat Bank	0.06	96.29%	3.64%	0.07%
43	Andhra Pragathi Grameena Bank	0.06	94.95%	4.62%	0.43%
44	RBL Bank	0.05	89.90%	4.65%	5.46%
45	Karnataka Vikas Grameena Bank	0.04	94.46%	5.16%	0.39%
46	HSBC Bank	0.04	98.27%	1.51%	0.22%
47	North East Small Finance Bank	0.04	90.48%	3.15%	6.37%
48	Jana Small Finance Bank Ltd	0.04	50.90%	3.38%	45.72%
49	The Gujarat State Cooperative Bank	0.03	94.64%	3.97%	1.39%
50	Utkarsh Small Finance Bank	0.03	93.12%	6.57%	0.31%

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'25)
Sr. No.	Remitter Bank	Total Volume(Mn)	Approved%	BD%	TD%
1	State Bank of India	185.73	35.28%	63.75%	0.97%
2	Bank of Baroda	55.74	29.85%	70.10%	0.05%
9	HDFC Bank	52.23	43.62%	56.05%	0.33%
3	Kotak Mahindra Bank	51.69	25.02%	74.90%	0.07%
4	Union Bank Of India	48.96	28.75%	71.01%	0.24%
5	Punjab national Bank	47.53	30.79%	69.13%	0.08%
6	AIRTEL PAYMENTS BANK LIMITED	44.08	10.55%	88.82%	0.63%
7	Canara Bank	34.24	32.91%	66.71%	0.38%
8	INDIA POST PAYMENTS BANK LIMITED	34.07	13.33%	86.01%	0.66%
10	Axis Bank	31.15	35.07%	64.66%	0.27%
11	Indian Bank	24.89	27.11%	72.69%	0.20%
12	Bank Of India	24.20	32.05%	66.31%	1.64%
13	ICICI Bank	21.39	50.60%	49.23%	0.17%
15	Central Bank of India	12.91	29.80%	69.50%	0.69%
14	Indusind Bank	12.85	22.96%	76.04%	1.00%
16	Fino Payments Bank Limited	12.48	12.90%	86.59%	0.51%
17	Indian Overseas Bank	12.20	24.85%	74.66%	0.49%
18	UCO Bank	11.70	27.12%	72.23%	0.65%
19	Federal Bank	11.31	25.98%	73.79%	0.23%
20	IDBI Bank	8.01	34.28%	65.41%	0.32%
21	Bank of Maharashtra	7.14	32.17%	67.79%	0.03%
22	Karnataka Bank	6.31	33.27%	66.04%	0.69%
23	IDFC First Bank Ltd	5.51	28.41%	71.42%	0.17%
24	YES BANK LIMITED	5.28	23.98%	75.26%	0.76%
25	AU SMALL FINANCE BANK	4.58	21.80%	77.92%	0.28%
26	JIO PAYMENTS BANK LTD	3.59	13.50%	85.96%	0.53%
27	Punjab and Sind Bank	3.00	25.88%	73.24%	0.88%
28	The Jammu & Kashmir Bank Limited	3.00	29.52%	70.17%	0.30%
29	NSDL Payments Bank Limited	2.93	9.72%	89.85%	0.43%
30	Karur Vysya Bank	2.90	34.78%	65.08%	0.14%
31	Paytm Payments Bank Limited	2.70	0.03%	99.81%	0.16%
32	Rajasthan Marudhara Gramin Bank	2.02	21.00%	76.92%	2.08%
33	The South Indian Bank Limited	2.01	39.04%	60.90%	0.06%
34	City Union Bank	1.83	31.43%	67.34%	1.23%
35	UJJIVAN SMALL FINANCE BANK LIMITED	1.75	25.28%	74.54%	0.18%
36	Maharashtra Gramin Bank	1.60	17.95%	79.44%	2.60%
37	Tamilnad Mercantile Bank Limited	1.55	33.21%	66.63%	0.16%
38	DBS Bank India Limited	1.46	28.61%	71.25%	0.14%
39	Karnataka Gramin Bank (Erstwhile Pragathi Krishna Gramin Bank)	1.44	29.31%	69.06%	1.63%
40	RBL Bank Limited	1.24	16.06%	83.21%	0.72%
41	Andhra Pragathi Grameena Bank	1.11	19.50%	75.83%	4.67%
42	Karnataka Vikas Grameena Bank	1.10	19.02%	77.32%	3.65%
43	EQUITAS SMALL FINANCE BANK	1.08	19.07%	80.92%	0.01%
44	Saraswat Co-operative Bank	1.03	36.88%	63.03%	0.09%
45	TELANGANA GRAMEENA BANK	0.94	24.37%	74.20%	1.42%
46	KERALA GRAMIN BANK	0.92	32.26%	65.92%	1.82%
47	Andhra Pradesh Grameena Vikas Bank	0.91	7.71%	91.68%	0.61%
48	Standard Chartered Bank	0.83	45.39%	54.10%	0.51%
49	UTKARSH SMALL FINANCE BANK LIMITED	0.70	20.41%	79.46%	0.13%
50	CHHATTISGARH RAJYA GRAMIN BANK	0.66	18.75%	80.25%	0.99%

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'25)
Sr. No.	Payer PSP	Total Volume (Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	18.75	92.96%	4.00%	3.04%
2	Axis Bank Ltd	12.91	93.08%	3.74%	3.18%
3	ICICI Bank	9.65	94.01%	3.42%	2.57%
4	HDFC Bank Ltd	4.92	91.50%	5.60%	2.90%
5	State Bank Of India	2.94	86.89%	10.40%	2.71%
6	BHIM	0.30	90.76%	6.91%	2.33%
7	Slice Small Finance Bank	0.05	91.49%	1.60%	6.91%
8	Kotak Mahindra Bank	0.04	87.46%	11.20%	1.34%
9	Airtel Payments Bank	0.02	91.81%	2.93%	5.25%
10	RBL Bank	0.02	88.88%	5.09%	6.03%
11	Jio Payments Bank	0.01	57.12%	21.30%	21.58%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

UPI Autopay Registration - Payee PSP Performance (Jun'25)
Sr. No.	Payee PSP	Total Volume (Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	22.84	93.69%	1.23%	5.08%
2	Axis Bank Ltd	9.29	99.50%	0.05%	0.45%
3	HDFC Bank Ltd	8.86	98.14%	0.25%	1.61%
4	ICICI Bank	5.18	97.99%	1.86%	0.16%
5	IndusInd Bank	0.53	99.42%	0.49%	0.09%
6	RBL Bank	0.46	99.98%	0.02%	0.01%
7	HSBC Bank	0.28	100.00%	0.00%	0.00%
8	IDFC FIRST Bank	0.17	98.13%	1.66%	0.21%
9	Kotak Mahindra Bank	0.08	99.99%	0.00%	0.01%
10	Airtel Payments Bank	0.06	99.28%	0.01%	0.71%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

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'25)
Sr. No.	Payer PSP	Total Volume(Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	106.73	98.97%	1.03%	0.01%
2	Axis Bank Ltd	60.50	96.24%	3.76%	0.00%
3	ICICI Bank	41.35	98.48%	1.50%	0.02%
4	HDFC Bank Ltd	23.93	98.13%	1.87%	0.00%
5	State Bank Of India	14.69	99.36%	0.63%	0.00%
6	BHIM	1.01	98.39%	1.61%	0.00%
7	Kotak Mahindra Bank	0.14	41.68%	58.32%	0.00%
8	Slice Small Finance Bank	0.09	67.20%	31.17%	1.63%
9	Jio Payments Bank	0.05	15.93%	2.36%	81.72%
10	RBL Bank	0.05	98.33%	1.67%	0.00%
11	Federal Bank	0.04	32.88%	67.12%	0.00%
12	DBS Bank India Limited	0.03	36.39%	63.57%	0.04%
13	Airtel Payments Bank	0.02	63.93%	35.96%	0.11%
14	Canara Bank	0.01	92.69%	7.31%	0.00%
15	IndusInd Bank	0.01	25.05%	74.93%	0.02%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

UPI Autopay Execution - Payee PSP Performance (Jun'25)
Sr. No.	Payee PSP	Total Volume(Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	151.35	99.97%	0.00%	0.03%
2	HDFC Bank Ltd	40.96	99.87%	0.05%	0.08%
3	ICICI Bank	21.05	99.80%	0.08%	0.12%
4	Axis Bank Ltd	20.25	99.84%	0.05%	0.11%
5	IndusInd Bank	7.19	99.45%	0.00%	0.55%
6	HSBC Bank	1.34	99.60%	0.01%	0.39%
7	RBL Bank	0.83	99.99%	0.00%	0.00%
8	IDFC FIRST Bank	0.79	99.98%	0.00%	0.02%
9	Kotak Mahindra Bank	0.25	99.93%	0.02%	0.05%
10	Airtel Payments Bank	0.07	99.99%	0.00%	0.01%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

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'25)

AutoPay Remitter Banks - Mandate Registration (May'25)
Sr. No.	Remitter Bank	Total Volume(Mn)	Approved%	BD%	TD%
1	State Bank Of India	10.44	95.79%	4.00%	0.21%
2	HDFC Bank Ltd	3.71	86.97%	2.76%	10.27%
3	Bank of Baroda	2.87	93.76%	4.09%	2.15%
4	Punjab National Bank	2.53	93.37%	5.47%	1.16%
5	Union Bank of India	2.22	95.38%	4.62%	0.00%
6	Kotak Mahindra Bank	2.14	95.31%	4.61%	0.09%
7	Airtel Payments Bank	2.00	92.49%	6.18%	1.33%
8	Canara Bank	1.73	93.51%	6.41%	0.07%
9	Axis Bank Ltd	1.65	96.96%	3.02%	0.03%
10	ICICI Bank	1.63	97.37%	2.59%	0.04%
11	India Post Payment Bank	1.53	92.63%	7.08%	0.28%
12	Bank of India	1.19	94.51%	4.79%	0.70%
13	Indian Bank	1.15	95.86%	3.38%	0.76%
14	Central Bank Of India	0.70	93.34%	6.47%	0.18%
15	UCO Bank	0.60	95.13%	4.68%	0.19%
16	Fino Payments Bank	0.60	93.72%	5.53%	0.75%
17	Federal Bank	0.60	96.28%	3.67%	0.05%
18	Indian Overseas Bank	0.58	95.34%	4.60%	0.06%
19	IndusInd Bank	0.50	94.80%	5.18%	0.02%
20	IDBI Bank Limited	0.41	96.32%	3.05%	0.63%
21	Bank of Maharashtra	0.40	96.38%	3.53%	0.10%
22	Karnataka Bank	0.25	95.54%	4.01%	0.45%
23	IDFC FIRST Bank	0.25	96.57%	3.37%	0.06%
24	Yes Bank Ltd	0.24	93.70%	5.75%	0.56%
25	Jio Payments Bank	0.24	93.57%	6.29%	0.14%
26	Jammu and Kashmir Bank	0.20	95.40%	4.39%	0.21%
27	AU Small Finance bank	0.18	96.45%	3.51%	0.04%
28	Karur Vysya Bank	0.17	92.19%	6.99%	0.82%
29	NSDL Payments Bank	0.16	82.69%	4.67%	12.64%
30	Punjab and Sind Bank	0.14	94.68%	5.16%	0.15%
31	South Indian Bank	0.14	96.29%	3.70%	0.01%
32	Ujjivan Small Finance Bank	0.11	92.79%	7.13%	0.08%
33	City Union Bank	0.10	91.87%	6.94%	1.19%
34	Tamilnad Mercantile Bank	0.09	92.02%	3.91%	4.07%
35	Rajasthan Marudhara Gramin Bank	0.08	95.62%	4.15%	0.23%
36	DBS Bank Ltd	0.07	97.01%	2.97%	0.02%
37	Kerala Gramin Bank	0.07	93.57%	5.93%	0.51%
38	Standard Chartered	0.07	98.41%	1.47%	0.12%
39	Equitas Small Finance Bank	0.06	96.26%	3.72%	0.03%
40	Maharashtra Gramin Bank	0.06	95.63%	4.25%	0.13%
41	Pragathi Krishna Gramin Bank	0.06	90.84%	9.01%	0.15%
42	Saraswat Bank	0.06	96.18%	3.76%	0.06%
43	RBL Bank	0.05	88.43%	4.83%	6.75%
44	Andhra Pragathi Grameena Bank	0.05	94.88%	5.05%	0.07%
45	HSBC Bank	0.04	98.19%	1.55%	0.26%
46	Karnataka Vikas Grameena Bank	0.04	94.61%	5.38%	0.00%
47	Slice Small Finance Bank	0.03	96.38%	3.33%	0.29%
48	Jana Small Finance Bank Ltd	0.03	50.18%	3.42%	46.40%
49	The Gujarat State Cooperative Bank	0.03	94.23%	4.16%	1.61%
50	DCB Bank Ltd	0.02	96.03%	3.43%	0.55%

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'25)
Sr. No.	Remitter Bank	Total Volume(Mn)	Approved%	BD%	TD%
1	State Bank of India	184.29	33.29%	65.72%	0.99%
2	Bank of Baroda	54.65	28.51%	71.34%	0.15%
3	Kotak Mahindra Bank	52.64	23.28%	76.38%	0.35%
4	Union Bank Of India	48.96	27.09%	72.74%	0.17%
5	Punjab national Bank	46.72	28.89%	70.92%	0.19%
6	AIRTEL PAYMENTS BANK LIMITED	44.59	9.24%	89.91%	0.85%
7	Canara Bank	34.75	30.68%	68.92%	0.40%
8	INDIA POST PAYMENTS BANK LIMITED	33.58	11.91%	87.87%	0.22%
9	HDFC Bank	52.72	41.18%	58.75%	0.07%
10	Axis Bank	31.51	33.09%	66.88%	0.03%
11	Indian Bank	25.14	25.26%	74.39%	0.34%
12	Bank Of India	24.01	30.29%	68.19%	1.51%
13	ICICI Bank	21.72	47.71%	52.26%	0.04%
14	Central Bank of India	12.47	28.74%	70.62%	0.64%
15	Indusind Bank	13.19	20.39%	360.99%	0.63%
16	Fino Payments Bank Limited	11.76	11.02%	88.78%	0.20%
17	Federal Bank	11.71	24.04%	75.66%	0.30%
18	Indian Overseas Bank	11.51	25.53%	74.20%	0.27%
19	UCO Bank	11.48	25.73%	73.84%	0.43%
20	IDBI Bank	8.05	32.05%	67.28%	0.68%
21	Bank of Maharashtra	7.06	30.38%	69.43%	0.18%
22	Karnataka Bank	6.41	31.59%	68.02%	0.40%
23	IDFC First Bank Ltd	5.62	26.33%	73.53%	0.15%
24	YES BANK LIMITED	5.43	22.26%	76.78%	0.96%
25	AU SMALL FINANCE BANK	4.71	19.90%	79.82%	0.29%
26	JIO PAYMENTS BANK LTD	3.56	12.54%	87.06%	0.40%
27	Paytm Payments Bank Limited	3.08	0.03%	99.89%	0.08%
28	Karur Vysya Bank	2.99	32.44%	67.40%	0.15%
29	The Jammu & Kashmir Bank Limited	2.98	27.80%	71.48%	0.72%
30	Punjab and Sind Bank	2.95	24.68%	74.73%	0.59%
31	NSDL Payments Bank Limited	2.87	8.66%	90.60%	0.74%
32	The South Indian Bank Limited	2.05	36.74%	63.22%	0.05%
33	Rajasthan Marudhara Gramin Bank	1.92	20.06%	78.18%	1.76%
34	City Union Bank	1.92	29.09%	69.53%	1.38%
35	Tamilnad Mercantile Bank Limited	1.61	30.79%	69.09%	0.13%
36	Maharashtra Gramin Bank	1.55	16.73%	80.11%	3.16%
37	DBS Bank India Limited	1.50	27.00%	72.93%	0.07%
38	Karnataka Gramin Bank (Erstwhile Pragathi Krishna Gramin Bank)	1.49	27.47%	69.81%	2.72%
39	UJJIVAN SMALL FINANCE BANK LIMITED	1.48	25.92%	73.91%	0.17%
40	RBL Bank Limited	1.32	13.71%	84.81%	1.48%
41	Andhra Pragathi Grameena Bank	1.19	16.68%	79.25%	4.07%
42	Karnataka Vikas Grameena Bank	1.14	17.37%	80.63%	2.00%
43	Andhra Pradesh Grameena Vikas Bank	1.13	5.60%	93.37%	1.02%
44	EQUITAS SMALL FINANCE BANK	1.12	17.78%	82.10%	0.13%
45	Saraswat Co-operative Bank	1.01	35.43%	64.54%	0.04%
46	TELANGANA GRAMEENA BANK	0.98	22.40%	76.38%	1.22%
47	KERALA GRAMIN BANK	0.93	29.99%	67.08%	2.93%
48	Standard Chartered Bank	0.86	43.99%	55.60%	0.41%
49	UTKARSH SMALL FINANCE BANK LIMITED	0.71	19.15%	80.68%	0.17%
50	SURYODAY SMALL FINANCE BANK LIMITED	0.64	12.31%	87.33%	0.36%

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 (May'25)
Sr. No.	Payer PSP	Total Volume (Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	15.98	92.92%	3.78%	3.30%
2	Axis Bank Ltd	11.39	93.02%	3.67%	3.31%
3	ICICI Bank	8.53	93.77%	3.25%	2.97%
4	HDFC Bank Ltd	4.33	91.54%	5.37%	3.09%
5	State Bank Of India	2.66	87.84%	9.74%	2.42%
6	BHIM	0.23	90.62%	6.74%	2.64%
7	Slice Small Finance Bank	0.06	92.48%	0.53%	7.00%
8	Kotak Mahindra Bank	0.03	87.80%	10.64%	1.56%
9	RBL Bank	0.02	89.81%	4.88%	5.31%
10	Jio Payments Bank	0.01	44.68%	19.21%	36.11%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

UPI Autopay Registration - Payee PSP Performance (May'25)
Sr. No.	Payee PSP	Total Volume (Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	19.03	92.78%	1.33%	5.89%
2	HDFC Bank Ltd	8.41	99.52%	0.21%	0.27%
3	Axis Bank Ltd	8.04	99.89%	0.05%	0.06%
4	ICICI Bank	4.57	96.48%	0.84%	2.69%
5	IndusInd Bank	0.77	99.33%	0.47%	0.21%
6	RBL Bank	0.34	99.99%	0.01%	0.01%
7	HSBC Bank	0.26	100.00%	0.00%	0.00%
8	IDFC FIRST Bank	0.14	97.51%	1.68%	0.81%
9	Kotak Mahindra Bank	0.08	99.97%	0.01%	0.02%
10	Airtel Payments Bank	0.03	94.28%	0.02%	5.70%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

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'25)
Sr. No.	Payer PSP	Total Volume(Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	100.14	98.57%	1.40%	0.04%
2	Axis Bank Ltd	55.42	98.50%	1.47%	0.03%
3	ICICI Bank	38.69	97.99%	1.96%	0.05%
4	HDFC Bank Ltd	22.78	98.40%	1.59%	0.01%
5	State Bank Of India	14.25	99.46%	0.53%	0.00%
6	BHIM	0.94	89.24%	10.76%	0.00%
7	Kotak Mahindra Bank	0.12	42.39%	57.60%	0.00%
8	Slice Small Finance Bank	0.08	74.15%	20.35%	5.50%
9	Jio Payments Bank	0.06	14.55%	4.85%	80.60%
10	RBL Bank	0.05	99.29%	0.71%	0.00%
11	Federal Bank	0.04	29.37%	70.63%	0.00%
12	DBS Bank India Limited	0.03	34.16%	65.83%	0.01%
13	Canara Bank	0.01	98.01%	1.99%	0.00%
14	IndusInd Bank	0.01	23.42%	76.58%	0.00%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

UPI Autopay Execution - Payee PSP Performance (May'25)
Sr. No.	Payee PSP	Total Volume(Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	140.74	99.97%	0.00%	0.03%
2	HDFC Bank Ltd	39.36	99.94%	0.04%	0.02%
3	ICICI Bank	20.22	99.89%	0.04%	0.07%
4	Axis Bank Ltd	18.53	99.94%	0.03%	0.04%
5	IndusInd Bank	7.22	99.48%	0.00%	0.52%
6	HSBC Bank	1.52	82.44%	0.01%	17.56%
7	IDFC FIRST Bank	0.71	100.00%	0.00%	0.00%
8	RBL Bank	0.70	99.99%	0.01%	0.00%
9	Kotak Mahindra Bank	0.21	99.98%	0.01%	0.02%
10	Airtel Payments Bank	0.03	99.97%	0.00%	0.03%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

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'25)

AutoPay Remitter Banks - Mandate Registration (Apr'25)
Sr. No.	Remitter Bank	Total Volume(Mn)	Approved%	BD%	TD%
1	State Bank Of India	9.76	95.87%	3.91%	0.22%
2	HDFC Bank Ltd	3.23	96.85%	2.93%	0.22%
3	Bank of Baroda	2.66	91.29%	3.81%	4.89%
4	Punjab National Bank	2.29	90.79%	5.20%	4.01%
5	Union Bank of India	2.08	94.95%	4.60%	0.45%
6	Kotak Mahindra Bank	1.93	95.34%	4.53%	0.13%
7	Airtel Payments Bank	1.70	93.05%	6.00%	0.96%
8	Canara Bank	1.66	93.26%	6.23%	0.51%
9	Axis Bank Ltd	1.53	97.03%	2.93%	0.04%
10	ICICI Bank	1.51	97.17%	2.68%	0.15%
11	India Post Payment Bank	1.29	92.24%	7.24%	0.52%
12	Bank of India	1.09	94.31%	4.31%	1.37%
13	Indian Bank	1.07	96.65%	3.23%	0.11%
14	Central Bank Of India	0.66	85.38%	5.43%	9.19%
15	Federal Bank	0.56	96.25%	3.70%	0.05%
16	Indian Overseas Bank	0.55	91.51%	8.25%	0.24%
17	UCO Bank	0.53	95.06%	4.33%	0.61%
18	Fino Payments Bank	0.52	94.12%	5.32%	0.55%
19	IndusInd Bank	0.44	94.81%	5.11%	0.08%
20	IDBI Bank Limited	0.39	96.60%	2.87%	0.53%
21	Bank of Maharashtra	0.37	96.50%	3.35%	0.15%
22	Karnataka Bank	0.26	95.72%	3.77%	0.51%
23	IDFC FIRST Bank	0.22	96.58%	3.34%	0.08%
24	Yes Bank Ltd	0.22	93.74%	5.55%	0.70%
25	Jio Payments Bank	0.18	93.38%	6.34%	0.28%
26	Jammu and Kashmir Bank	0.17	95.69%	4.16%	0.15%
27	Karur Vysya Bank	0.17	91.37%	7.01%	1.62%
28	AU Small Finance bank	0.16	96.50%	3.31%	0.19%
29	NSDL Payments Bank	0.14	79.93%	4.46%	15.61%
30	South Indian Bank	0.13	96.33%	3.62%	0.05%
31	Punjab and Sind Bank	0.12	95.17%	4.47%	0.36%
32	City Union Bank	0.10	91.19%	7.09%	1.72%
33	Ujjivan Small Finance Bank	0.10	92.93%	6.49%	0.58%
34	Tamilnad Mercantile Bank	0.09	92.24%	4.01%	3.75%
35	Rajasthan Marudhara Gramin Bank	0.07	95.95%	3.93%	0.12%
36	Kerala Gramin Bank	0.07	93.75%	5.82%	0.44%
37	DBS Bank Ltd	0.07	96.95%	2.96%	0.08%
38	Pragathi Krishna Gramin Bank	0.06	91.09%	8.59%	0.31%
39	Standard Chartered	0.06	98.15%	1.40%	0.45%
40	Equitas Small Finance Bank	0.06	96.31%	3.55%	0.14%
41	Maharashtra Gramin Bank	0.05	95.48%	3.87%	0.65%
42	Saraswat Bank	0.05	96.19%	3.71%	0.10%
43	Andhra Pragathi Grameena Bank	0.05	94.95%	4.88%	0.17%
44	RBL Bank	0.04	87.81%	5.42%	6.78%
45	Karnataka Vikas Grameena Bank	0.04	94.97%	4.73%	0.31%
46	HSBC Bank	0.04	97.38%	1.55%	1.07%
47	Jana Small Finance Bank Ltd	0.03	46.83%	3.00%	50.16%
48	The Gujarat State Cooperative Bank	0.02	93.79%	4.35%	1.86%
49	Cosmos Bank	0.02	86.44%	3.00%	10.56%
50	DCB Bank Ltd	0.02	95.80%	3.16%	1.04%

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'25)
Sr. No.	Remitter Bank	Total Volume(Mn)	Approved%	BD%	TD%
1	State Bank of India	225.82	24.01%	74.73%	1.25%
2	Kotak Mahindra Bank	70.42	15.77%	83.67%	0.55%
3	Bank of Baroda	68.97	20.06%	79.75%	0.20%
4	HDFC Bank	63.28	31.47%	68.38%	0.15%
5	Union Bank Of India	62.11	18.91%	80.66%	0.44%
6	AIRTEL PAYMENTS BANK LIMITED	61.04	5.82%	93.34%	0.84%
7	Punjab national Bank	60.06	19.68%	78.22%	2.10%
8	INDIA POST PAYMENTS BANK LIMITED	45.66	7.37%	92.13%	0.50%
9	Canara Bank	43.94	21.76%	77.60%	0.65%
10	Axis Bank	39.08	24.32%	75.64%	0.05%
11	Indian Bank	33.46	16.91%	82.89%	0.19%
12	Bank Of India	29.98	21.41%	76.48%	2.11%
13	ICICI Bank	25.24	37.90%	61.93%	0.18%
14	Indusind Bank	16.21	14.80%	84.90%	0.30%
15	Federal Bank	15.67	16.49%	82.85%	0.66%
16	Central Bank of India	15.61	19.99%	79.22%	0.79%
17	Fino Payments Bank Limited	15.20	4.96%	94.93%	0.12%
18	UCO Bank	14.94	17.14%	82.40%	0.46%
19	Indian Overseas Bank	14.33	18.86%	80.52%	0.62%
20	IDBI Bank	9.65	24.03%	75.24%	0.73%
21	Bank of Maharashtra	8.77	21.51%	78.12%	0.38%
22	Karnataka Bank	8.34	22.14%	75.98%	1.87%
23	IDFC First Bank Ltd	7.43	17.96%	81.75%	0.28%
24	YES BANK LIMITED	7.40	14.86%	84.22%	0.92%
25	AU SMALL FINANCE BANK	6.67	12.52%	87.09%	0.40%
26	Paytm Payments Bank Limited	5.27	0.02%	99.21%	0.77%
27	JIO PAYMENTS BANK LTD	4.81	7.01%	91.90%	1.09%
28	NSDL Payments Bank Limited	3.87	5.29%	93.47%	1.25%
29	Punjab and Sind Bank	3.75	17.13%	82.26%	0.61%
30	Karur Vysya Bank	3.64	24.48%	74.99%	0.53%
31	The Jammu & Kashmir Bank Limited	3.59	19.93%	79.11%	0.96%
32	Rajasthan Marudhara Gramin Bank	2.62	12.74%	86.40%	0.85%
33	The South Indian Bank Limited	2.41	28.41%	71.47%	0.12%
34	City Union Bank	2.34	21.98%	76.10%	1.92%
35	Tamilnad Mercantile Bank Limited	2.04	22.19%	77.42%	0.39%
36	Karnataka Gramin Bank (Erstwhile Pragathi Krishna Gramin Bank)	1.99	19.02%	79.27%	1.71%
37	DBS Bank India Limited	1.95	19.10%	80.65%	0.25%
38	Maharashtra Gramin Bank	1.92	11.52%	84.81%	3.66%
39	RBL Bank Limited	1.82	9.02%	90.17%	0.81%
40	Andhra Pradesh Grameena Vikas Bank	1.80	3.14%	95.83%	1.03%
41	Karnataka Vikas Grameena Bank	1.63	11.44%	84.88%	3.69%
42	Andhra Pragathi Grameena Bank	1.58	11.14%	79.16%	9.70%
43	UJJIVAN SMALL FINANCE BANK LIMITED	1.52	18.72%	80.72%	0.56%
44	EQUITAS SMALL FINANCE BANK	1.39	13.20%	86.67%	0.13%
45	TELANGANA GRAMEENA BANK	1.22	15.37%	83.01%	1.62%
46	Saraswat Co-operative Bank	1.20	26.03%	73.81%	0.16%
47	KERALA GRAMIN BANK	1.14	21.93%	76.60%	1.48%
48	Standard Chartered Bank	1.00	36.47%	62.90%	0.63%
49	Indusind Bank	0.98	8.98%	90.56%	0.46%
50	UTKARSH SMALL FINANCE BANK LIMITED	0.95	12.68%	86.92%	0.40%

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'25)
Sr. No.	Payer PSP	Total Volume (Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	14.30	93.70%	3.44%	2.86%
2	Axis Bank Ltd	10.52	93.76%	3.45%	2.79%
3	ICICI Bank	7.71	94.34%	2.98%	2.68%
4	HDFC Bank Ltd	4.12	92.55%	4.98%	2.47%
5	State Bank Of India	2.46	88.57%	9.36%	2.06%
6	BHIM	0.18	90.34%	7.18%	2.48%
7	Slice Small Finance Bank	0.06	94.38%	0.50%	5.12%
8	Kotak Mahindra Bank	0.02	87.57%	10.56%	1.87%
9	RBL Bank	0.02	90.19%	3.75%	6.06%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

UPI Autopay Registration - Payee PSP Performance (Apr'25)
Sr. No.	Payee PSP	Total Volume (Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	17.33	93.31%	1.24%	5.45%
2	HDFC Bank Ltd	8.11	99.70%	0.10%	0.20%
3	Axis Bank Ltd	7.15	99.93%	0.04%	0.04%
4	ICICI Bank	3.72	99.74%	0.12%	0.13%
5	IndusInd Bank	0.93	99.63%	0.25%	0.12%
6	RBL Bank	0.30	99.96%	0.02%	0.02%
7	HSBC Bank	0.25	100.00%	0.00%	0.00%
8	IDFC FIRST Bank	0.14	97.56%	1.74%	0.70%
9	Kotak Mahindra Bank	0.08	99.99%	0.00%	0.01%
10	Airtel Payments Bank	0.01	99.73%	0.02%	0.25%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

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'25)
Sr. No.	Payer PSP	Total Volume(Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	88.33	98.18%	1.49%	0.33%
2	Axis Bank Ltd	50.02	97.44%	2.31%	0.25%
3	ICICI Bank	34.30	97.16%	2.51%	0.33%
4	HDFC Bank Ltd	21.58	95.98%	4.02%	0.00%
5	State Bank Of India	13.35	99.32%	0.68%	0.00%
6	BHIM	0.95	78.46%	21.54%	0.00%
7	Kotak Mahindra Bank	0.10	44.75%	55.23%	0.02%
8	Slice Small Finance Bank	0.07	77.62%	18.08%	4.30%
9	Jio Payments Bank	0.06	11.68%	2.65%	85.67%
10	RBL Bank	0.04	98.88%	1.12%	0.00%
11	DBS Bank India Limited	0.03	33.12%	66.87%	0.01%
12	Federal Bank	0.03	36.54%	63.46%	0.00%
13	IndusInd Bank	0.01	25.88%	74.12%	0.00%
14	Canara Bank	0.01	97.44%	2.56%	0.00%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

UPI Autopay Execution - Payee PSP Performance (Apr'25)
Sr. No.	Payee PSP	Total Volume(Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	121.73	99.95%	0.00%	0.05%
2	HDFC Bank Ltd	37.63	99.96%	0.01%	0.03%
3	ICICI Bank	18.53	99.44%	0.32%	0.24%
4	Axis Bank Ltd	16.50	99.95%	0.02%	0.02%
5	IndusInd Bank	7.01	97.80%	0.01%	2.19%
6	HSBC Bank	1.28	91.98%	0.01%	8.01%
7	IDFC FIRST Bank	0.64	99.98%	0.00%	0.02%
8	RBL Bank	0.62	99.98%	0.01%	0.02%
9	Kotak Mahindra Bank	0.17	99.98%	0.02%	0.01%
10	Airtel Payments Bank	0.01	100.00%	0.00%	0.00%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

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'25)

AutoPay Remitter Banks - Mandate Registration (Mar'25)
Sr. No.	Remitter Bank	Total Volume(Mn)	Approved%	BD%	TD%
1	State Bank Of India	13.03	95.93%	3.39%	0.68%
2	HDFC Bank Ltd	4.15	96.91%	2.86%	0.22%
3	Bank of Baroda	3.33	96.35%	3.59%	0.06%
4	Punjab National Bank	2.97	94.73%	4.56%	0.70%
5	Union Bank of India	2.74	95.72%	4.23%	0.05%
6	Kotak Mahindra Bank	2.37	95.63%	4.15%	0.22%
7	Airtel Payments Bank	2.13	92.95%	5.63%	1.42%
8	Canara Bank	2.10	94.51%	5.36%	0.13%
9	Axis Bank Ltd	1.99	97.25%	2.65%	0.09%
10	ICICI Bank	1.98	97.34%	2.44%	0.21%
11	India Post Payment Bank	1.63	92.81%	6.89%	0.30%
12	Bank of India	1.47	95.97%	3.83%	0.20%
13	Indian Bank	1.37	97.04%	2.87%	0.10%
14	Central Bank Of India	0.87	91.14%	4.95%	3.91%
15	Indian Overseas Bank	0.71	87.62%	12.10%	0.28%
16	UCO Bank	0.69	96.13%	3.64%	0.23%
17	Fino Payments Bank	0.68	94.57%	4.87%	0.56%
18	Federal Bank	0.66	96.43%	3.45%	0.12%
19	IndusInd Bank	0.55	95.01%	4.80%	0.19%
20	IDBI Bank Limited	0.51	97.18%	2.50%	0.32%
21	Bank of Maharashtra	0.49	96.95%	2.95%	0.10%
22	Karnataka Bank	0.32	96.21%	3.28%	0.52%
23	Yes Bank Ltd	0.28	94.37%	5.05%	0.58%
24	IDFC FIRST Bank	0.28	96.96%	3.02%	0.02%
25	Karur Vysya Bank	0.21	92.60%	6.75%	0.65%
26	Jammu and Kashmir Bank	0.21	95.99%	3.72%	0.29%
27	Jio Payments Bank	0.21	90.63%	6.48%	2.89%
28	AU Small Finance bank	0.20	96.90%	3.00%	0.10%
29	South Indian Bank	0.15	96.34%	3.64%	0.03%
30	Punjab and Sind Bank	0.15	95.24%	3.90%	0.87%
31	NSDL Payments Bank	0.15	91.59%	4.75%	3.66%
32	Ujjivan Small Finance Bank	0.13	93.93%	5.64%	0.43%
33	City Union Bank	0.12	91.28%	7.85%	0.87%
34	Tamilnad Mercantile Bank	0.11	93.12%	3.60%	3.28%
35	Rajasthan Marudhara Gramin Bank	0.09	96.28%	3.53%	0.19%
36	Pragathi Krishna Gramin Bank	0.08	88.34%	6.86%	4.80%
37	Maharashtra Gramin Bank	0.08	96.36%	3.37%	0.26%
38	Standard Chartered	0.08	98.56%	1.37%	0.07%
39	DBS Bank Ltd	0.08	97.31%	2.60%	0.09%
40	Kerala Gramin Bank	0.07	93.30%	5.68%	1.02%
41	Saraswat Bank	0.07	96.01%	3.49%	0.50%
42	Equitas Small Finance Bank	0.07	96.20%	3.51%	0.29%
43	Andhra Pragathi Grameena Bank	0.06	95.32%	4.58%	0.10%
44	RBL Bank	0.06	89.87%	4.51%	5.62%
45	Karnataka Vikas Grameena Bank	0.05	95.49%	4.26%	0.25%
46	HSBC Bank	0.04	97.88%	1.42%	0.70%
47	Jana Small Finance Bank Ltd	0.04	39.66%	2.11%	58.23%
48	The Gujarat State Cooperative Bank	0.04	95.43%	3.55%	1.01%
49	Andhra Pradesh Grameena Vikas Bank	0.03	90.49%	9.45%	0.06%
50	TJSB Sahakari Bank Ltd	0.03	96.25%	3.36%	0.39%

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'25)
Sr. No.	Remitter Bank	Total Volume(Mn)	Approved%	BD%	TD%
1	State Bank of India	233.46	23.51%	75.52%	0.97%
2	Kotak Mahindra Bank	77.24	14.59%	85.32%	0.09%
3	Bank of Baroda	73.23	19.27%	80.47%	0.26%
4	HDFC Bank	70.35	28.89%	71.02%	0.10%
5	Union Bank Of India	65.52	18.20%	81.58%	0.22%
6	Punjab national Bank	63.62	18.92%	80.49%	0.59%
7	AIRTEL PAYMENTS BANK LIMITED	56.05	6.74%	92.69%	0.57%
8	Canara Bank	45.00	21.40%	78.02%	0.58%
9	INDIA POST PAYMENTS BANK LIMITED	43.70	8.27%	91.40%	0.33%
10	Axis Bank	43.27	22.24%	77.64%	0.12%
11	Indian Bank	33.14	17.45%	82.31%	0.24%
12	Bank Of India	31.62	20.79%	78.19%	1.02%
13	ICICI Bank	27.56	35.40%	64.37%	0.23%
14	Indusind Bank	17.39	13.97%	85.79%	0.24%
15	Central Bank of India	16.56	19.47%	79.98%	0.55%
16	Federal Bank	16.14	16.19%	83.54%	0.27%
17	UCO Bank	14.74	17.77%	81.95%	0.28%
18	Indian Overseas Bank	14.44	18.73%	80.29%	0.98%
19	Fino Payments Bank Limited	11.99	6.59%	93.25%	0.16%
20	IDBI Bank	10.17	23.10%	76.66%	0.24%
21	Bank of Maharashtra	9.07	21.54%	78.06%	0.41%
22	Karnataka Bank	8.25	22.57%	76.78%	0.65%
23	IDFC First Bank Ltd	8.05	16.67%	83.20%	0.13%
24	YES BANK LIMITED YBS	7.75	14.56%	83.59%	1.84%
25	AU SMALL FINANCE BANK	7.07	12.03%	87.41%	0.55%
26	Paytm Payments Bank Limited	6.51	0.02%	99.64%	0.34%
27	JIO PAYMENTS BANK LTD	4.16	8.68%	88.60%	2.72%
28	Karur Vysya Bank	3.98	22.34%	77.34%	0.32%
29	Punjab and Sind Bank	3.92	16.71%	82.29%	1.00%
30	NSDL Payments Bank Limited	3.57	5.93%	90.35%	3.72%
31	The Jammu & Kashmir Bank Limited	3.27	22.04%	76.55%	1.41%
32	Rajasthan Marudhara Gramin Bank	2.54	12.26%	85.57%	2.17%
33	The South Indian Bank Limited	2.53	26.84%	73.00%	0.16%
34	City Union Bank	2.33	22.19%	76.79%	1.02%
35	Andhra Pradesh Grameena Vikas Bank	2.16	2.63%	96.94%	0.43%
36	Tamilnad Mercantile Bank Limited	2.03	22.14%	77.45%	0.41%
37	DBS Bank India Limited	1.97	19.19%	80.61%	0.21%
38	Karnataka Gramin Bank (Erstwhile Pragathi Krishna Gramin Bank)	1.89	20.20%	78.96%	0.84%
39	Maharashtra Gramin Bank	1.87	12.53%	84.56%	2.90%
40	RBL Bank Limited	1.81	9.32%	89.70%	0.98%
41	Andhra Pragathi Grameena Bank	1.51	12.11%	76.26%	11.63%
42	Karnataka Vikas Grameena Bank	1.47	12.86%	81.71%	5.43%
43	EQUITAS SMALL FINANCE BANK	1.41	13.37%	86.55%	0.08%
44	Saraswat Co-operative Bank	1.33	23.82%	75.83%	0.35%
45	TELANGANA GRAMEENA BANK	1.10	17.17%	80.70%	2.14%
46	KERALA GRAMIN BANK	1.09	22.38%	75.83%	1.79%
47	UJJIVAN SMALL FINANCE BANK LIMITED	1.06	23.69%	75.81%	0.50%
48	UTKARSH SMALL FINANCE BANK LIMITED	1.01	11.84%	87.15%	1.01%
49	Standard Chartered Bank	0.94	41.59%	58.33%	0.07%
50	SURYODAY SMALL FINANCE BANK LIMITED	0.93	7.85%	91.33%	0.82%

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'25)
Sr. No.	Payer PSP	Total Volume (Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	18.11	95.14%	3.47%	1.40%
2	Axis Bank Ltd	13.38	95.01%	3.28%	1.72%
3	ICICI Bank	10.32	95.68%	2.73%	1.59%
4	HDFC Bank Ltd	5.55	93.75%	4.59%	1.67%
5	State Bank Of India	3.08	88.25%	9.98%	1.76%
6	BHIM	0.19	92.15%	5.09%	2.76%
7	Slice Small Finance Bank	0.04	84.58%	6.24%	9.18%
8	Kotak Mahindra Bank	0.02	86.93%	10.80%	2.28%
9	RBL Bank	0.02	89.14%	5.32%	5.54%
10	Jio Payments Bank	0.01	43.94%	20.57%	35.49%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

UPI Autopay Registration - Payee PSP Performance (Mar'25)
Sr. No.	Payee PSP	Total Volume (Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	25.51	96.90%	0.78%	2.33%
2	HDFC Bank Ltd	10.60	99.78%	0.04%	0.17%
3	Axis Bank Ltd	7.34	99.85%	0.03%	0.12%
4	ICICI Bank	4.15	99.59%	0.10%	0.30%
5	IndusInd Bank	0.45	99.80%	0.14%	0.06%
6	RBL Bank	0.33	99.96%	0.01%	0.03%
7	HSBC Bank	0.28	100.00%	0.00%	0.00%
8	IDFC FIRST Bank	0.13	98.22%	1.43%	0.34%
9	Kotak Mahindra Bank	0.06	100.00%	0.00%	0.00%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

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'25)
Sr. No.	Payer PSP	Total Volume(Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	89.01	98.53%	1.44%	0.04%
2	Axis Bank Ltd	50.82	97.95%	2.03%	0.03%
3	ICICI Bank	35.67	97.45%	2.52%	0.03%
4	HDFC Bank Ltd	21.95	95.27%	4.73%	0.00%
5	State Bank Of India	13.21	99.05%	0.95%	0.00%
6	BHIM	0.93	80.74%	19.26%	0.00%
7	Kotak Mahindra Bank	0.09	48.09%	51.90%	0.01%
8	Jio Payments Bank	0.05	17.32%	2.98%	79.71%
9	RBL Bank	0.05	99.45%	0.55%	0.00%
10	Slice Small Finance Bank	0.04	87.82%	11.35%	0.84%
11	DBS Bank India Limited	0.03	33.23%	66.77%	0.01%
12	Federal Bank	0.02	48.87%	51.13%	0.00%
13	IndusInd Bank	0.01	33.14%	66.86%	0.00%
14	Canara Bank	0.01	97.37%	2.63%	0.00%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

UPI Autopay Execution - Payee PSP Performance (Mar'25)
Sr. No.	Payee PSP	Total Volume(Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	124.51	99.95%	0.00%	0.05%
2	HDFC Bank Ltd	38.44	99.95%	0.02%	0.03%
3	ICICI Bank	19.17	99.39%	0.46%	0.15%
4	Axis Bank Ltd	15.74	99.88%	0.08%	0.04%
5	IndusInd Bank	7.11	98.92%	0.00%	1.08%
6	HSBC Bank	1.18	99.76%	0.01%	0.23%
7	RBL Bank	0.63	99.99%	0.01%	0.00%
8	IDFC FIRST Bank	0.60	99.99%	0.00%	0.01%
9	Kotak Mahindra Bank	0.13	99.99%	0.01%	0.00%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

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'25)

AutoPay Remitter Banks - Mandate Registration (Feb'25)
Sr. No.	Remitter Bank	Total Volume(Mn)	Approved%	BD%	TD%
1	State Bank Of India	11.33	95.85%	3.38%	0.77%
2	HDFC Bank Ltd	3.62	97.21%	2.65%	0.14%
3	Bank of Baroda	2.83	96.33%	3.60%	0.06%
4	Punjab National Bank	2.65	94.78%	3.89%	1.33%
5	Union Bank of India	2.37	95.78%	4.17%	0.05%
6	Kotak Mahindra Bank	2.11	95.39%	4.12%	0.49%
7	Airtel Payments Bank	2.01	87.57%	5.43%	7.00%
8	Canara Bank	1.80	94.54%	5.33%	0.12%
9	Axis Bank Ltd	1.73	97.28%	2.62%	0.10%
10	ICICI Bank	1.70	97.35%	2.36%	0.29%
11	India Post Payment Bank	1.44	91.66%	7.25%	1.09%
12	Bank of India	1.29	95.65%	3.76%	0.59%
13	Indian Bank	1.16	96.91%	2.91%	0.18%
14	Central Bank Of India	0.77	87.78%	4.52%	7.70%
15	UCO Bank	0.69	78.64%	2.83%	18.52%
16	Fino Payments Bank	0.64	93.61%	5.97%	0.42%
17	Federal Bank	0.58	95.50%	3.48%	1.02%
18	Indian Overseas Bank	0.55	96.19%	3.70%	0.11%
19	IndusInd Bank	0.48	95.11%	4.86%	0.03%
20	IDBI Bank Limited	0.44	96.87%	2.50%	0.63%
21	Bank of Maharashtra	0.42	96.65%	2.97%	0.38%
22	Karnataka Bank	0.27	96.58%	3.14%	0.29%
23	Yes Bank Ltd	0.25	94.31%	5.11%	0.59%
24	Jammu and Kashmir Bank	0.24	95.90%	3.76%	0.34%
25	IDFC FIRST Bank	0.24	96.90%	3.07%	0.03%
26	Karur Vysya Bank	0.17	90.59%	6.74%	2.66%
27	Jio Payments Bank	0.17	94.01%	5.68%	0.31%
28	AU Small Finance bank	0.17	96.60%	3.03%	0.37%
29	Punjab and Sind Bank	0.14	94.89%	4.51%	0.59%
30	NSDL Payments Bank Limited	0.13	91.55%	4.70%	3.76%
31	South Indian Bank	0.13	96.35%	3.56%	0.09%
32	Ujjivan Small Finance Bank	0.11	94.40%	5.46%	0.14%
33	City Union Bank	0.10	92.74%	6.34%	0.92%
34	Tamilnad Mercantile Bank	0.09	94.00%	3.76%	2.24%
35	Rajasthan Marudhara Gramin Bank	0.08	86.34%	2.91%	10.75%
36	Standard Chartered	0.07	98.68%	1.30%	0.02%
37	DBS Bank Ltd	0.07	97.10%	2.63%	0.27%
38	Maharashtra Gramin Bank	0.06	96.46%	3.42%	0.11%
39	Pragathi Krishna Gramin Bank	0.06	92.35%	7.44%	0.21%
40	Saraswat Bank	0.06	94.90%	3.52%	1.58%
41	Kerala Gramin Bank	0.06	93.42%	6.36%	0.22%
42	Equitas Small Finance Bank	0.06	92.09%	3.10%	4.81%
43	Andhra Pragathi Grameena Bank	0.05	95.62%	4.36%	0.02%
44	RBL Bank	0.05	90.22%	4.97%	4.81%
45	Karnataka Vikas Grameena Bank	0.04	95.56%	4.43%	0.01%
46	HSBC Bank	0.04	97.54%	1.40%	1.05%
47	Jana Small Finance Bank Ltd	0.04	38.72%	2.39%	58.88%
48	The Gujarat State Cooperative Bank	0.03	95.29%	3.80%	0.91%
49	Andhra Pradesh Grameena Vikas Bank	0.03	90.12%	9.80%	0.08%
50	TJSB Sahakari Bank Ltd	0.02	95.96%	3.12%	0.91%

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'25)
Sr. No.	Remitter Bank	Total Volume(Mn)	Approved%	BD%	TD%
1	State Bank of India	210.81	22.87%	75.98%	1.16%
2	Kotak Mahindra Bank	69.96	14.18%	85.54%	0.27%
3	Bank of Baroda	64.97	19.06%	80.62%	0.32%
4	HDFC Bank	64.35	28.01%	71.88%	0.11%
5	Union Bank Of India	57.33	18.00%	81.65%	0.35%
6	Punjab national Bank	56.49	18.77%	80.92%	0.31%
7	AIRTEL PAYMENTS BANK LIMITED	45.26	7.01%	91.75%	1.24%
8	Axis Bank	40.57	21.05%	78.93%	0.02%
9	Canara Bank	39.49	21.09%	78.15%	0.77%
10	INDIA POST PAYMENTS BANK LIMITED	37.27	8.27%	90.87%	0.86%
11	Indian Bank	28.83	17.30%	82.61%	0.09%
12	Bank Of India	28.28	20.36%	77.89%	1.75%
13	ICICI Bank	26.94	33.15%	66.71%	0.14%
14	Indusind Bank	16.55	13.25%	85.86%	0.89%
15	Federal Bank	14.65	15.63%	83.97%	0.40%
16	Central Bank of India	14.50	19.38%	79.92%	0.71%
17	UCO Bank	12.71	17.80%	81.69%	0.51%
18	Indian Overseas Bank	12.57	18.59%	81.01%	0.41%
19	IDBI Bank	9.12	22.33%	77.09%	0.58%
20	Bank of Maharashtra	8.14	21.15%	78.47%	0.38%
21	IDFC First Bank Ltd	7.51	15.62%	84.32%	0.05%
22	YES BANK LIMITED	7.22	13.83%	83.11%	3.07%
23	Karnataka Bank	6.98	22.30%	76.90%	0.81%
24	Paytm Payments Bank Limited	6.58	0.03%	99.70%	0.28%
25	AU SMALL FINANCE BANK	6.29	11.75%	87.68%	0.57%
26	Fino Payments Bank	5.34	11.19%	88.57%	0.24%
27	Karur Vysya Bank	3.56	21.13%	78.58%	0.29%
28	Punjab and Sind Bank	3.38	16.88%	82.59%	0.53%
29	JIO PAYMENTS BANK LTD	3.19	9.67%	89.91%	0.43%
30	The Jammu & Kashmir Bank Limited	3.10	22.25%	75.21%	2.54%
31	NSDL Payments Bank Limited	2.95	6.04%	86.39%	7.57%
32	Rajasthan Marudhara Gramin Bank	2.24	13.21%	83.48%	3.31%
33	The South Indian Bank Limited	2.11	27.81%	72.15%	0.04%
34	City Union Bank	2.03	21.70%	77.35%	0.96%
35	Andhra Pradesh Grameena Vikas Bank	1.99	2.27%	96.23%	1.50%
36	Tamilnad Mercantile Bank Limited	1.74	21.80%	77.77%	0.43%
37	DBS Bank India Limited	1.69	19.61%	80.32%	0.07%
38	RBL Bank Limited	1.65	8.80%	89.72%	1.48%
39	Maharashtra Gramin Bank	1.60	12.01%	84.97%	3.02%
40	Karnataka Gramin Bank (Erstwhile Pragathi Krishna Gramin Bank)	1.54	20.35%	79.04%	0.61%
41	EQUITAS SMALL FINANCE BANK	1.32	12.73%	87.10%	0.17%
42	Andhra Pragathi Grameena Bank	1.24	11.98%	77.51%	10.51%
43	Saraswat Co-operative Bank	1.22	23.17%	76.35%	0.47%
44	Karnataka Vikas Grameena Bank	1.19	12.76%	83.53%	3.71%
45	KERALA GRAMIN BANK	0.93	22.92%	76.69%	0.38%
46	Standard Chartered Bank	0.90	39.85%	60.09%	0.06%
47	UTKARSH SMALL FINANCE BANK LIMITED	0.88	11.62%	87.85%	0.53%
48	TELANGANA GRAMEENA BANK	0.82	17.17%	78.39%	4.44%
49	SURYODAY SMALL FINANCE BANK LIMITED	0.80	8.07%	90.79%	1.13%
50	CHHATTISGARH RAJYA GRAMIN BANK	0.64	12.93%	83.92%	3.14%

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'25)
Sr. No.	Payer PSP	Total Volume (Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	15.32	95.15%	3.82%	1.03%
2	Axis Bank Ltd	11.76	95.20%	3.39%	1.41%
3	ICICI Bank	8.97	95.83%	2.87%	1.30%
4	HDFC Bank Ltd	4.86	93.86%	4.71%	1.42%
5	State Bank Of India	2.85	88.38%	10.13%	1.49%
6	BHIM	0.21	92.23%	4.22%	3.56%
7	Kotak Mahindra Bank	0.02	85.81%	11.15%	3.04%
8	Slice Small Finance Bank	0.02	78.11%	7.07%	14.82%
9	RBL Bank	0.02	88.99%	6.07%	4.94%
10	Jio Payments Bank	0.01	43.92%	23.49%	32.59%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

UPI Autopay Registration - Payee PSP Performance (Feb'25)
Sr. No.	Payee PSP	Total Volume (Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	21.75	97.34%	0.79%	1.87%
2	HDFC Bank Ltd	9.20	99.50%	0.02%	0.47%
3	Axis Bank Ltd	6.96	99.80%	0.03%	0.17%
4	ICICI Bank	3.66	99.63%	0.11%	0.27%
5	RBL Bank	0.26	99.98%	0.01%	0.01%
6	HSBC Bank	0.23	100.00%	0.00%	0.00%
7	IndusInd Bank	0.14	99.92%	0.05%	0.04%
8	IDFC FIRST Bank	0.11	98.46%	1.20%	0.34%
9	Kotak Mahindra Bank	0.05	100.00%	0.00%	0.00%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

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'25)
Sr. No.	Payer PSP	Total Volume(Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	78.74	97.75%	2.09%	0.16%
2	Axis Bank Ltd	44.75	97.05%	2.94%	0.01%
3	ICICI Bank	31.60	96.45%	3.53%	0.02%
4	HDFC Bank Ltd	20.31	90.37%	9.62%	0.00%
5	State Bank Of India	11.50	99.01%	0.92%	0.07%
6	BHIM	0.83	86.27%	13.73%	0.00%
7	Kotak Mahindra Bank	0.07	50.62%	49.32%	0.06%
8	Jio Payments Bank	0.04	20.07%	3.34%	76.58%
9	RBL Bank	0.04	99.24%	0.76%	0.00%
10	DBS Bank India Limited	0.03	32.03%	67.97%	0.00%
11	Slice Small Finance Bank	0.01	89.92%	3.19%	6.89%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

UPI Autopay Execution - Payee PSP Performance (Feb'25)
Sr. No.	Payee PSP	Total Volume(Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	107.22	99.96%	0.00%	0.04%
2	HDFC Bank Ltd	33.13	99.97%	0.01%	0.02%
3	ICICI Bank	17.35	99.74%	0.06%	0.20%
4	Axis Bank Ltd	14.66	95.88%	4.09%	0.02%
5	IndusInd Bank	7.63	99.83%	0.00%	0.17%
6	HSBC Bank	1.10	95.43%	0.00%	4.57%
7	RBL Bank	0.54	99.99%	0.01%	0.00%
8	IDFC FIRST Bank	0.52	100.00%	0.00%	0.00%
9	Kotak Mahindra Bank	0.09	99.99%	0.01%	0.00%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

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'25)

AutoPay Remitter Banks - Mandate Registration (Jan'25)
Sr. No.	Remitter Bank	Total Volume(Mn)	Approved%	TD%	BD%
1	State Bank Of India	9.40	96.44%	0.13%	3.44%
2	HDFC Bank Ltd	3.30	97.28%	0.15%	2.57%
3	Punjab National Bank	2.38	81.38%	15.30%	3.31%
4	Bank of Baroda	2.35	95.96%	0.36%	3.69%
5	Union Bank of India	2.04	92.05%	0.21%	7.74%
6	Kotak Mahindra Bank	1.92	96.00%	0.11%	3.89%
7	Airtel Payments Bank	1.65	98.48%	0.78%	0.74%
8	Canara Bank	1.60	94.26%	0.28%	5.47%
9	ICICI Bank	1.58	97.49%	0.19%	2.32%
10	Axis Bank Ltd	1.54	97.36%	0.03%	2.60%
11	India Post Payment Bank	1.27	91.69%	0.44%	7.87%
12	Bank of India	1.03	96.04%	0.05%	3.91%
13	Indian Bank	1.02	96.67%	0.16%	3.17%
14	Fino Payments Bank	0.76	24.59%	73.42%	1.99%
15	Central Bank Of India	0.64	83.50%	12.04%	4.46%
16	Federal Bank	0.56	95.46%	1.08%	3.46%
17	Indian Overseas Bank	0.51	96.17%	0.15%	3.68%
18	UCO Bank	0.49	96.12%	0.18%	3.69%
19	IndusInd Bank	0.42	95.51%	0.02%	4.47%
20	IDBI Bank Limited	0.37	96.34%	0.69%	2.97%
21	Bank of Maharashtra	0.35	96.94%	0.12%	2.95%
22	Karnataka Bank	0.25	96.49%	0.26%	3.25%
23	IDFC FIRST Bank	0.22	96.60%	0.45%	2.95%
24	Yes Bank Ltd	0.22	94.27%	0.34%	5.39%
25	Jammu and Kashmir Bank	0.17	95.99%	0.32%	3.69%
26	Karur Vysya Bank	0.17	92.23%	1.04%	6.73%
27	Jio Payments Bank	0.16	93.36%	0.39%	6.25%
28	AU Small Finance bank	0.15	96.41%	0.62%	2.97%
29	South Indian Bank	0.13	96.29%	0.12%	3.59%
30	Punjab and Sind Bank	0.12	95.93%	0.15%	3.92%
31	NSDL Payments Bank	0.12	89.02%	6.69%	4.28%
32	City Union Bank	0.11	92.84%	1.00%	6.16%
33	Tamilnad Mercantile Bank	0.09	94.13%	1.64%	4.24%
34	Equitas Small Finance Bank	0.08	69.27%	30.72%	0.01%
35	Standard Chartered	0.07	98.57%	0.11%	1.32%
36	DBS Bank Ltd	0.07	96.83%	0.16%	3.02%
37	Rajasthan Marudhara Gramin Bank	0.07	92.83%	3.59%	3.58%
38	Pragathi Krishna Gramin Bank	0.06	90.67%	1.78%	7.55%
39	Kerala Gramin Bank	0.06	93.59%	0.65%	5.76%
40	Saraswat Bank	0.06	94.88%	1.79%	3.33%
41	Maharashtra Gramin Bank	0.05	96.26%	0.03%	3.71%
42	Andhra Pragathi Grameena Bank	0.05	95.03%	0.34%	4.63%
43	RBL Bank	0.04	94.08%	0.97%	4.95%
44	Karnataka Vikas Grameena Bank	0.04	95.41%	0.22%	4.37%
45	HSBC Bank	0.04	97.95%	0.71%	1.34%
46	Andhra Pradesh Grameena Vikas Bank	0.03	91.57%	0.15%	8.28%
47	Jana Small Finance Bank Ltd	0.02	50.60%	46.30%	3.10%
48	The Gujarat State Cooperative Bank	0.02	94.72%	1.65%	3.62%
49	DCB Bank Ltd	0.02	95.83%	0.82%	3.35%
50	Utkarsh Small Finance Bank	0.02	94.52%	0.25%	5.24%

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'25)
Sr. No.	Remitter Bank	Total Volume(Mn)	Approved%	BD%	TD%
1	State Bank of India	215.10	21.95%	76.89%	1.16%
2	Kotak Mahindra Bank	72.87	13.56%	86.32%	0.12%
3	HDFC Bank	68.17	26.68%	73.23%	0.09%
4	Bank of Baroda	65.44	18.30%	81.44%	0.26%
5	Union Bank Of India	58.95	16.86%	82.55%	0.60%
6	Punjab national Bank	57.86	17.84%	81.99%	0.17%
7	AIRTEL PAYMENTS BANK LIMITED	42.03	7.25%	92.12%	0.63%
8	Axis Bank	40.42	21.04%	78.93%	0.03%
9	Canara Bank	39.58	20.25%	79.34%	0.41%
10	INDIA POST PAYMENTS BANK LIMITED	37.78	7.58%	91.66%	0.76%
11	Indian Bank	28.79	16.80%	83.03%	0.17%
12	Bank Of India	28.67	19.64%	79.61%	0.75%
13	ICICI Bank	27.51	33.09%	66.65%	0.25%
14	Indusind Bank	16.95	12.89%	86.85%	0.26%
15	Federal Bank	15.75	14.67%	84.89%	0.44%
16	Central Bank of India	14.90	18.20%	80.47%	1.34%
17	Paytm Payments Bank Limited	12.97	0.02%	99.82%	0.16%
18	UCO Bank	12.48	17.70%	81.96%	0.34%
19	Indian Overseas Bank	12.28	18.49%	81.04%	0.47%
20	IDBI Bank	9.26	21.70%	78.00%	0.30%
21	Bank of Maharashtra	8.47	20.22%	79.58%	0.20%
22	IDFC First Bank Ltd	7.85	14.89%	85.07%	0.04%
23	YES BANK LIMITED	7.38	13.65%	83.24%	3.11%
24	Karnataka Bank	6.84	21.38%	78.44%	0.18%
25	AU SMALL FINANCE BANK	5.61	12.67%	86.88%	0.45%
26	Karur Vysya Bank	3.50	21.15%	78.38%	0.47%
27	Punjab and Sind Bank	3.50	15.86%	83.84%	0.31%
28	The Jammu & Kashmir Bank Limited	2.90	21.59%	78.03%	0.38%
29	JIO PAYMENTS BANK LTD	2.89	9.88%	89.71%	0.41%
30	NSDL Payments Bank Limited	2.64	6.11%	91.90%	1.99%
31	Andhra Pradesh Grameena Vikas Bank	2.61	1.61%	97.16%	1.23%
32	Rajasthan Marudhara Gramin Bank	2.29	12.67%	84.56%	2.77%
33	The South Indian Bank Limited	2.17	27.13%	72.76%	0.11%
34	City Union Bank	1.96	21.86%	77.40%	0.74%
35	DBS Bank India Limited	1.76	19.24%	80.69%	0.07%
36	Tamilnad Mercantile Bank Limited	1.73	21.24%	78.57%	0.19%
37	RBL Bank Limited	1.67	8.46%	90.40%	1.14%
38	Maharashtra Gramin Bank	1.66	10.77%	86.15%	3.08%
39	EQUITAS SMALL FINANCE BANK	1.60	10.80%	89.11%	0.09%
40	Karnataka Gramin Bank (Erstwhile Pragathi Krishna Gramin Bank)	1.49	19.19%	77.67%	3.14%
41	Saraswat Co-operative Bank	1.28	21.97%	77.51%	0.51%
42	Andhra Pragathi Grameena Bank	1.20	11.56%	72.98%	15.47%
43	Karnataka Vikas Grameena Bank	1.06	12.81%	83.13%	4.06%
44	KERALA GRAMIN BANK	0.93	22.53%	76.39%	1.08%
45	Standard Chartered Bank	0.93	39.37%	60.34%	0.29%
46	UTKARSH SMALL FINANCE BANK LIMITED	0.91	10.83%	88.77%	0.40%
47	SURYODAY SMALL FINANCE BANK LIMITED	0.82	7.69%	91.14%	1.18%
48	TELANGANA GRAMEENA BANK	0.69	15.86%	81.69%	2.45%
49	CHHATTISGARH RAJYA GRAMIN BANK	0.64	12.37%	86.14%	1.50%
50	Fino Payments Bank Limited	0.51	32.60%	67.30%	0.10%

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'25)
Sr. No.	Payer PSP	Total Volume (Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	12.46	94.08%	0.78%	5.14%
2	Axis Bank Ltd	10.39	94.74%	0.73%	4.53%
3	ICICI Bank	7.68	95.21%	0.58%	4.21%
4	HDFC Bank Ltd	4.37	93.42%	0.94%	5.64%
5	State Bank Of India	2.68	89.20%	1.58%	9.22%
6	BHIM	0.18	93.11%	1.39%	5.50%
7	RBL Bank	0.02	89.09%	2.53%	8.39%
8	Jio Payments Bank	0.01	37.69%	4.43%	57.88%
9	Kotak Mahindra Bank	0.01	88.53%	1.15%	10.31%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

UPI Autopay Registration - Payee PSP Performance (Jan'25)
Sr. No.	Payee PSP	Total Volume (Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	16.04	96.39%	1.24%	2.37%
2	HDFC Bank Ltd	8.54	98.09%	0.01%	1.91%
3	Axis Bank Ltd	7.85	99.90%	0.03%	0.07%
4	ICICI Bank	3.01	99.56%	0.14%	0.30%
5	RBL Bank	0.33	99.96%	0.01%	0.03%
6	HSBC Bank	0.26	100.00%	0.00%	0.00%
7	IndusInd Bank	0.16	99.93%	0.04%	0.03%
8	IDFC FIRST Bank	0.11	97.74%	1.34%	0.92%
9	Kotak Mahindra Bank	0.05	100.00%	0.00%	0.00%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

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'25)
Sr. No.	Payer PSP	Total Volume(Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	78.44	97.98%	2.00%	0.02%
2	Axis Bank Ltd	43.34	96.88%	3.11%	0.01%
3	ICICI Bank	30.67	96.55%	3.44%	0.01%
4	HDFC Bank Ltd	19.55	90.59%	9.41%	0.00%
5	State Bank Of India	10.69	98.90%	1.06%	0.04%
6	BHIM	0.72	92.27%	7.73%	0.00%
7	Kotak Mahindra Bank	0.06	51.60%	48.39%	0.00%
8	Jio Payments Bank	0.05	20.33%	2.15%	77.52%
9	RBL Bank	0.05	99.65%	0.35%	0.00%
10	DBS Bank India Limited	0.03	35.94%	64.06%	0.00%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

UPI Autopay Execution - Payee PSP Performance (Jan'25)
Sr. No.	Payee PSP	Total Volume(Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	104.07	99.98%	0.00%	0.01%
2	HDFC Bank Ltd	30.14	99.97%	0.01%	0.02%
3	ICICI Bank	17.06	99.67%	0.07%	0.26%
4	Axis Bank Ltd	14.82	99.97%	0.02%	0.01%
5	IndusInd Bank	9.36	99.88%	0.00%	0.12%
6	HSBC Bank	1.03	97.52%	0.02%	2.47%
7	RBL Bank	0.60	99.99%	0.01%	0.00%
8	IDFC FIRST Bank	0.49	100.00%	0.00%	0.00%
9	Kotak Mahindra Bank	0.08	100.00%	0.00%	0.00%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

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'24)

AutoPay Remitter Banks - Mandate Registration (Dec'24)
Sr. No.	Remitter Bank	Total Volume(Mn)	Approved%	TD%	BD%
1	State Bank Of India	8.80	96.44%	0.32%	3.25%
2	HDFC Bank Ltd	3.24	97.37%	0.12%	2.51%
3	Bank of Baroda	2.19	96.32%	0.08%	3.60%
4	Punjab National Bank	2.03	95.27%	0.72%	4.01%
5	Union Bank of India	1.94	88.16%	0.08%	11.76%
6	Kotak Mahindra Bank	1.82	96.27%	0.04%	3.69%
7	ICICI Bank	1.58	97.48%	0.26%	2.26%
8	Canara Bank	1.51	94.21%	0.52%	5.27%
9	Axis Bank Ltd	1.48	97.38%	0.09%	2.53%
10	Airtel Payments Bank	1.38	99.40%	0.60%	0.00%
11	India Post Payment Bank	1.11	89.66%	2.94%	7.40%
12	Bank of India	0.97	96.10%	0.12%	3.78%
13	Indian Bank	0.95	96.74%	0.41%	2.85%
14	Central Bank Of India	0.57	91.38%	3.98%	4.65%
15	Federal Bank	0.55	93.64%	0.90%	5.46%
16	Indian Overseas Bank	0.47	95.75%	0.58%	3.67%
17	UCO Bank	0.46	96.33%	0.10%	3.56%
18	IndusInd Bank	0.39	95.36%	0.04%	4.60%
19	IDBI Bank Limited	0.36	97.36%	0.31%	2.34%
20	Bank of Maharashtra	0.33	97.11%	0.12%	2.77%
21	Fino Payments Bank	0.31	9.15%	0.29%	90.56%
22	Karnataka Bank	0.23	96.58%	0.10%	3.32%
23	Yes Bank Ltd	0.21	94.22%	0.30%	5.47%
24	IDFC FIRST Bank	0.21	97.03%	0.10%	2.88%
25	Karur Vysya Bank	0.17	92.56%	1.03%	6.42%
26	Jammu and Kashmir Bank	0.16	96.10%	0.14%	3.76%
27	Jio Payments Bank	0.13	93.83%	0.41%	5.76%
28	South Indian Bank	0.12	96.50%	0.12%	3.38%
29	AU Small Finance bank	0.12	97.26%	0.05%	2.69%
30	Punjab and Sind Bank	0.11	96.00%	0.08%	3.92%
31	City Union Bank	0.11	93.00%	0.82%	6.18%
32	NSDL Payments Bank	0.10	87.93%	7.67%	4.40%
33	Equitas Small Finance Bank	0.09	71.44%	28.55%	0.01%
34	Tamilnad Mercantile Bank	0.08	94.94%	0.77%	4.30%
35	Standard Chartered	0.07	98.54%	0.14%	1.32%
36	DBS Bank Ltd	0.07	97.22%	0.03%	2.75%
37	Rajasthan Marudhara Gramin Bank	0.06	95.73%	0.62%	3.64%
38	Pragathi Krishna Gramin Bank	0.06	80.74%	12.89%	6.37%
39	Saraswat Bank	0.05	96.52%	0.41%	3.07%
40	Kerala Gramin Bank	0.05	91.93%	2.53%	5.53%
41	Maharashtra Gramin Bank	0.04	95.27%	1.01%	3.73%
42	Andhra Pragathi Grameena Bank	0.04	95.65%	0.03%	4.33%
43	Andhra Pradesh Grameena Vikas Bank	0.04	94.99%	0.78%	4.23%
44	RBL Bank	0.04	94.07%	0.45%	5.49%
45	Fincare Small Finance Bank	0.04	89.50%	0.15%	10.35%
46	HSBC Bank	0.04	98.15%	0.39%	1.45%
47	Karnataka Vikas Grameena Bank	0.03	95.34%	0.22%	4.44%
48	Jana Small Finance Bank Ltd	0.02	52.56%	43.63%	3.81%
49	TJSB Sahakari Bank Ltd	0.02	97.19%	0.11%	2.71%
50	DCB Bank Ltd	0.02	96.87%	0.46%	2.67%

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'24)
Sr. No.	Remitter Bank	Total Volume(Mn)	Approved%	BD%	TD%
1	State Bank of India	187.19	23.03%	76.30%	0.67%
2	Kotak Mahindra Bank	66.51	13.85%	86.06%	0.09%
3	HDFC Bank	62.84	27.20%	72.69%	0.11%
4	Bank of Baroda	58.74	18.63%	81.23%	0.14%
5	Union Bank Of India	53.04	17.06%	82.74%	0.20%
6	Punjab national Bank	51.26	18.82%	80.60%	0.58%
7	Axis Bank	36.51	21.68%	78.28%	0.03%
8	Canara Bank	35.11	20.54%	78.22%	1.24%
9	AIRTEL PAYMENTS BANK LIMITED	31.94	8.01%	91.43%	0.55%
10	INDIA POST PAYMENTS BANK LIMITED	29.48	8.21%	88.99%	2.79%
11	Bank Of India	25.73	20.04%	79.54%	0.43%
12	ICICI Bank	25.60	33.86%	66.03%	0.11%
13	Indian Bank	24.73	17.69%	81.90%	0.41%
14	Paytm Payments Bank Limited	14.44	0.02%	99.56%	0.42%
15	Federal Bank	14.23	15.05%	84.73%	0.23%
16	Indusind Bank	13.56	13.94%	85.78%	0.28%
17	Central Bank of India	13.38	18.63%	80.84%	0.53%
18	UCO Bank	10.47	19.09%	80.34%	0.57%
19	Indian Overseas Bank	10.12	20.11%	79.19%	0.70%
20	IDBI Bank	8.30	22.06%	77.65%	0.29%
21	Bank of Maharashtra	7.79	19.86%	79.25%	0.90%
22	IDFC First Bank Ltd	7.21	15.07%	84.88%	0.05%
23	YES BANK LIMITED YBS	6.52	14.47%	81.74%	3.79%
24	Karnataka Bank	5.69	22.44%	77.49%	0.07%
25	AU SMALL FINANCE BANK	3.78	15.73%	83.88%	0.38%
26	Punjab and Sind Bank	3.08	16.87%	82.77%	0.35%
27	Karur Vysya Bank	3.05	22.12%	77.52%	0.36%
28	The Jammu & Kashmir Bank Limited	2.41	24.00%	74.22%	1.78%
29	JIO PAYMENTS BANK LTD	2.24	10.41%	89.39%	0.20%
30	Rajasthan Marudhara Gramin Bank	2.02	13.10%	85.59%	1.31%
31	NSDL Payments Bank Limited	1.97	8.36%	90.69%	0.95%
32	The South Indian Bank Limited	1.91	28.57%	71.41%	0.03%
33	AU Small Finance Bank (Erstwhile Fincare)	1.73	5.31%	94.44%	0.25%
34	DBS Bank India Limited	1.65	19.33%	80.60%	0.07%
35	City Union Bank	1.62	24.07%	75.39%	0.53%
36	Tamilnad Mercantile Bank Limited	1.47	22.36%	77.39%	0.24%
37	RBL Bank Limited	1.46	8.89%	90.58%	0.53%
38	Maharashtra Gramin Bank	1.41	11.29%	85.40%	3.32%
39	EQUITAS SMALL FINANCE BANK	1.39	12.74%	87.22%	0.04%
40	Karnataka Gramin Bank (Erstwhile Pragathi Krishna Gramin Bank)	1.22	19.88%	77.42%	2.71%
41	Saraswat Co-operative Bank	1.18	22.52%	76.58%	0.90%
42	Andhra Pradesh Grameena Vikas Bank - IMPS	1.17	13.05%	85.13%	1.83%
43	Andhra Pragathi Grameena Bank	1.01	12.24%	73.98%	13.78%
44	Standard Chartered Bank	0.86	41.06%	58.29%	0.65%
45	Indusind Bank M2P	0.83	9.32%	90.33%	0.35%
46	Karnataka Vikas Grameena Bank	0.80	13.73%	80.49%	5.78%
47	KERALA GRAMIN BANK	0.78	23.76%	73.10%	3.14%
48	UTKARSH SMALL FINANCE BANK LIMITED	0.75	12.25%	86.66%	1.09%
49	SURYODAY SMALL FINANCE BANK LIMITED	0.70	8.26%	91.09%	0.65%
50	CHHATTISGARH RAJYA GRAMIN BANK	0.54	12.44%	85.75%	1.81%

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'24)
Sr. No.	Payer PSP *	Total Volume(Mn)	Approved %	TD %	BD %
1	Yes Bank Ltd	11.48	94.39%	5.28%	0.34%
2	Axis Bank Ltd	9.65	94.31%	5.34%	0.35%
3	ICICI Bank	7.23	94.96%	4.80%	0.24%
4	HDFC Bank Ltd	4.24	92.65%	6.97%	0.38%
5	State Bank Of India	2.78	87.37%	12.17%	0.46%
6	BHIM	0.16	93.09%	5.99%	0.93%
7	RBL Bank	0.02	86.44%	11.30%	2.26%
8	Kotak Mahindra Bank	0.02	87.44%	12.40%	0.17%
9	Jio Payments Bank	0.01	51.56%	46.56%	1.88%
10	Federal Bank	0.01	95.31%	3.80%	0.89%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

UPI Autopay Registration - Payee PSP Performance (Dec'24)
Sr. No.	Payee PSP *	Total Volume(Mn)	Approved %	TD %	BD %
1	Yes Bank Ltd	13.48	97.73%	0.84%	1.43%
2	HDFC Bank Ltd	8.60	98.61%	1.39%	0.01%
3	Axis Bank Ltd	7.46	99.86%	0.11%	0.03%
4	ICICI Bank	3.38	99.71%	0.14%	0.15%
5	RBL Bank	0.33	99.98%	0.01%	0.01%
6	IndusInd Bank	0.26	99.62%	0.35%	0.03%
7	HSBC Bank	0.20	100.00%	0.00%	0.00%
8	IDFC FIRST Bank	0.09	98.24%	0.51%	1.25%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

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'24)
Sr. No.	Payer PSP *	Total Volume(Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	72.91	98.17%	1.09%	0.74%
2	Axis Bank Ltd	39.48	96.47%	3.53%	0.01%
3	ICICI Bank	27.89	96.78%	3.21%	0.01%
4	HDFC Bank Ltd	18.07	89.54%	10.44%	0.02%
5	State Bank Of India	9.58	98.83%	1.14%	0.03%
6	BHIM	0.66	93.24%	6.76%	0.00%
7	RBL Bank	0.04	99.84%	0.16%	0.00%
8	Jio Payments Bank	0.04	21.44%	2.64%	75.93%
9	Kotak Mahindra Bank	0.04	53.81%	46.19%	0.00%
10	DBS Bank India Limited	0.03	35.45%	64.49%	0.06%
11	IndusInd Bank	0.01	26.94%	73.06%	0.00%
12	Canara Bank	0.01	97.75%	2.25%	0.00%
13	Federal Bank	0.01	84.78%	15.22%	0.00%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

UPI Autopay Execution - Payee PSP Performance (Dec'24)
Sr. No.	Payee PSP *	Total Volume(Mn)	Approved %	BD %	TD %
1	Yes Bank Ltd	92.56	99.96%	0.00%	0.04%
2	HDFC Bank Ltd	27.49	99.91%	0.06%	0.03%
3	ICICI Bank	16.95	99.93%	0.02%	0.05%
4	Axis Bank Ltd	13.93	99.96%	0.03%	0.02%
5	IndusInd Bank	10.00	99.76%	0.00%	0.24%
6	HSBC Bank	0.93	97.46%	0.00%	2.54%
7	RBL Bank	0.59	99.99%	0.01%	0.00%
8	IDFC FIRST Bank	0.45	99.99%	0.00%	0.01%
9	Kotak Mahindra Bank	0.05	99.99%	0.01%	0.00%

* All Payer and Payee PSP contributing to total volume of more than 10,000 are listed above.

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'24)

AutoPay Remitter Banks - Mandate Registration (Nov'24)
Sr. No.	Remitter Bank	Total Volume	Approved%	TD%	BD%
1	State Bank Of India	80,58,214	96.09%	3.91%	0.00%
2	HDFC Bank Ltd	30,59,788	97.39%	2.61%	0.00%
3	Bank of Baroda	19,85,558	95.68%	4.32%	0.00%
4	Punjab National Bank	18,20,364	95.67%	4.33%	0.00%
5	Kotak Mahindra Bank	16,84,330	96.25%	3.75%	0.00%
6	Union Bank of India	16,72,806	96.06%	3.94%	0.00%
7	ICICI Bank	14,98,122	97.27%	2.73%	0.00%
8	Axis Bank Ltd	13,91,646	97.44%	2.56%	0.00%
9	Canara Bank	13,55,582	94.56%	5.44%	0.00%
10	Airtel Payments Bank	11,45,620	99.27%	0.73%	0.00%
11	India Post Payment Bank	9,10,075	91.01%	8.99%	0.00%
12	Bank of India	8,96,808	95.24%	4.76%	0.00%
13	Indian Bank	8,39,334	97.08%	2.92%	0.00%
14	Central Bank Of India	5,20,061	87.08%	12.92%	0.00%
15	Federal Bank	5,01,741	88.80%	11.20%	0.00%
16	Indian Overseas Bank	4,17,776	95.86%	4.14%	0.00%
17	UCO Bank	4,03,533	96.39%	3.61%	0.00%
18	IndusInd Bank	3,53,515	95.77%	4.23%	0.00%
19	IDBI Bank Limited	3,29,446	96.87%	3.13%	0.00%
20	Bank of Maharashtra	3,00,950	96.61%	3.39%	0.00%
21	Fino Payments Bank	2,52,232	9.27%	90.73%	0.00%
22	Karnataka Bank	2,15,835	95.46%	4.54%	0.00%
23	Yes Bank Ltd	2,02,390	91.80%	8.20%	0.00%
24	IDFC FIRST Bank	1,95,201	97.04%	2.96%	0.00%
25	Jammu and Kashmir Bank	1,54,408	95.95%	4.05%	0.00%
26	Karur Vysya Bank	1,52,503	92.96%	7.04%	0.00%
27	South Indian Bank	1,08,397	96.75%	3.25%	0.00%
28	AU Small Finance bank	1,03,605	97.36%	2.64%	0.00%
29	Jio Payments Bank	1,01,917	94.05%	5.95%	0.00%
30	Punjab and Sind Bank	98,160	95.90%	4.10%	0.00%
31	City Union Bank	94,666	92.75%	7.25%	0.00%
32	Equitas Small Finance Bank	84,444	69.37%	30.63%	0.00%
33	NSDL Payments Bank	79,965	87.52%	12.48%	0.00%
34	Tamilnad Mercantile Bank	75,676	95.92%	4.08%	0.00%
35	Standard Chartered	69,231	98.44%	1.56%	0.00%
36	DBS Bank Ltd	62,802	96.56%	3.44%	0.00%
37	Rajasthan Marudhara Gramin Bank	51,651	96.03%	3.97%	0.00%
38	Saraswat Bank	51,646	96.74%	3.26%	0.00%
39	Pragathi Krishna Gramin Bank	49,421	92.23%	7.77%	0.00%
40	Andhra Pradesh Grameena Vikas Bank	47,449	92.68%	7.32%	0.00%
41	Fincare Small Finance Bank	45,067	94.25%	5.75%	0.00%
42	Kerala Gramin Bank	43,625	92.52%	7.48%	0.00%
43	Maharashtra Gramin Bank	39,877	96.14%	3.86%	0.00%
44	Andhra Pragathi Grameena Bank	37,412	95.08%	4.92%	0.00%
45	RBL Bank	35,736	93.09%	6.91%	0.00%
46	HSBC Bank	33,053	98.04%	1.96%	0.00%
47	Karnataka Vikas Grameena Bank	30,966	95.23%	4.77%	0.00%
48	TJSB Sahakari Bank Ltd	19,973	96.69%	3.31%	0.00%
49	Jana Small Finance Bank Ltd	19,877	50.90%	49.10%	0.00%
50	DCB Bank Ltd	18,865	96.61%	3.39%	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 (Nov'24)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	16,42,44,054	23.73%	75.51%	0.76%
2	Kotak Mahindra Bank	5,79,45,249	14.50%	85.06%	0.44%
3	HDFC Bank	5,59,43,931	28.14%	71.69%	0.17%
4	Bank Of Baroda	5,07,17,401	19.46%	80.42%	0.12%
5	Union Bank Of India	4,55,90,829	18.04%	81.57%	0.39%
6	Punjab National Bank	4,47,78,507	19.47%	80.46%	0.07%
7	Axis Bank	3,16,17,701	22.96%	77.00%	0.04%
8	Canara Bank	2,97,15,216	21.68%	77.89%	0.44%
9	Airtel Payments Bank Limited	2,56,10,087	8.28%	90.16%	1.56%
10	India Post Payments Bank Limited	2,47,02,967	8.57%	90.20%	1.23%
11	ICICI Bank	2,26,94,105	35.50%	64.35%	0.15%
12	Bank Of India	2,24,95,169	20.76%	76.94%	2.30%
13	Indian Bank	2,12,62,294	18.44%	81.28%	0.28%
14	Paytm Payments Bank Limited	1,40,27,173	0.02%	99.78%	0.20%
15	Federal Bank	1,25,84,357	15.43%	84.41%	0.17%
16	Indusind Bank	1,21,98,273	14.55%	84.95%	0.50%
17	Central Bank Of India	1,15,52,981	19.63%	79.30%	1.08%
18	UCO Bank	88,31,479	19.92%	79.27%	0.82%
19	Indian Overseas Bank	86,24,261	21.02%	78.23%	0.75%
20	IDBI Bank	75,28,081	21.34%	78.30%	0.36%
21	Bank Of Maharashtra	69,21,777	20.05%	79.79%	0.16%
22	IDFC First Bank Ltd	62,02,704	15.80%	81.66%	2.54%
23	Yes Bank Limited	55,96,299	15.37%	80.57%	4.06%
24	Karnataka Bank	45,98,334	23.38%	75.69%	0.93%
25	Au Small Finance Bank	31,61,502	16.85%	82.99%	0.16%
26	Punjab And Sind Bank	26,98,582	17.23%	82.61%	0.16%
27	Karur Vysya Bank	25,96,052	23.19%	76.60%	0.22%
28	AU Small Finance Bank	21,60,941	5.30%	94.43%	0.27%
29	The Jammu & Kashmir Bank Limited	20,26,239	25.93%	72.24%	1.83%
30	Rajasthan Marudhara Gramin Bank	18,03,387	13.01%	85.53%	1.46%
31	Jio Payments Bank Ltd	17,39,706	10.97%	87.55%	1.49%
32	The South Indian Bank Limited	16,32,217	30.36%	69.62%	0.02%
33	NSDL Payments Bank Limited	15,98,932	8.55%	90.64%	0.80%
34	DBS Bank India Limited	15,46,985	18.81%	80.82%	0.37%
35	City Union Bank	13,47,690	25.58%	73.85%	0.57%
36	Tamilnad Mercantile Bank Limited	12,66,202	22.91%	76.78%	0.31%
37	RBL Bank Limited	12,54,315	9.43%	90.02%	0.56%
38	Equitas Small Finance Bank	12,28,717	13.88%	86.12%	0.00%
39	Maharashtra Gramin Bank	12,10,634	11.74%	85.43%	2.83%
40	Andhra Pradesh Grameena Vikas Bank	11,20,499	13.34%	82.16%	4.50%
41	Saraswat Co-Operative Bank	10,35,418	23.74%	75.86%	0.40%
42	Karnataka Gramin Bank	9,93,574	21.09%	77.51%	1.39%
43	Andhra Pragathi Grameena Bank	7,67,132	14.19%	77.64%	8.17%
44	Standard Chartered Bank	7,58,729	43.25%	56.40%	0.35%
45	Indusind Bank	6,99,815	9.94%	89.59%	0.47%
46	Kerala Gramin Bank	6,59,093	24.79%	72.37%	2.85%
47	Utkarsh Small Finance Bank Limited	6,44,238	12.68%	86.99%	0.33%
48	Karnataka Vikas Grameena Bank	6,37,705	14.76%	80.60%	4.64%
49	Suryoday Small Finance Bank Limited	5,96,615	8.51%	91.04%	0.45%
50	Chhattisgarh Rajya Gramin Bank	4,78,523	12.45%	84.21%	3.34%

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'24)
Sr. No.	Payer PSP	Total Volume	Approved %	TD %	BD %
1	Yes Bank Ltd	1,08,26,164	95.05%	4.51%	0.00%
2	Axis Bank Ltd	85,47,183	94.76%	4.76%	0.00%
3	ICICI Bank	65,53,356	95.64%	4.02%	0.00%
4	HDFC Bank Ltd	37,42,538	93.23%	6.27%	0.00%
5	State Bank Of India	23,56,526	86.74%	12.31%	0.00%
6	BHIM	1,36,741	92.60%	6.11%	0.00%
7	Jio Payments Bank	6,464	56.67%	40.16%	0.00%
8	DBS Bank India Limited	3,030	91.49%	8.09%	0.00%
9	Canara Bank	1,236	78.48%	17.39%	0.00%
10	IndusInd Bank	1,067	83.79%	15.09%	0.00%
11	Central Bank Of India	902	77.16%	22.28%	0.00%
12	Bank of Baroda	670	70.60%	21.64%	0.00%
13	Punjab National Bank	198	0.00%	100.00%	0.00%
14	Dhanlaxmi Bank Ltd	19	42.11%	47.37%	0.00%
15	Equitas Small Finance Bank	2	100.00%	0.00%	0.00%

UPI Autopay Registration - Payee PSP Performance (Nov'24)
Sr. No.	Payee PSP	Total Volume	Approved %	TD %	BD %
1	Yes Bank Ltd	1,28,98,354	97.93%	2.02%	0.00%
2	HDFC Bank Ltd	75,17,463	99.96%	0.04%	0.00%
3	Axis Bank Ltd	60,65,239	99.95%	0.05%	0.00%
4	ICICI Bank	31,40,848	99.80%	0.19%	0.00%
5	IndusInd Bank	4,22,639	99.95%	0.05%	0.00%
6	HSBC Bank	1,99,760	100.00%	0.00%	0.00%
7	IDFC FIRST Bank	99,606	98.02%	1.97%	0.00%
8	Kotak Mahindra Bank	8,499	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'24)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	6,87,32,268	96.40%	3.50%	0.09%
2	Axis Bank Ltd	3,53,48,910	95.88%	4.06%	0.06%
3	ICICI Bank	2,54,40,638	95.38%	4.54%	0.08%
4	HDFC Bank Ltd	1,59,33,934	90.03%	9.97%	0.00%
5	State Bank Of India	80,38,253	98.89%	1.07%	0.04%
6	BHIM	6,18,078	92.21%	7.79%	0.00%
7	DBS Bank India Limited	28,028	34.40%	65.60%	0.00%
8	Jio Payments Bank	32,642	24.39%	2.53%	73.08%
9	IndusInd Bank	8,926	23.40%	76.60%	0.00%
10	Canara Bank	7,069	98.10%	1.90%	0.00%
11	Bank of Baroda	4,421	99.32%	0.68%	0.00%
12	Central Bank Of India	639	93.43%	6.26%	0.31%
13	Punjab National Bank	109	100.00%	0.00%	0.00%
14	Dhanlaxmi Bank Ltd	52	98.08%	1.92%	0.00%
15	Equitas Small Finance Bank	2	100.00%	0.00%	0.00%

UPI Autopay Execution - Payee PSP Performance (Nov'24)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	8,34,98,017	99.96%	0.00%	0.04%
2	HDFC Bank Ltd	2,35,49,433	99.82%	0.14%	0.04%
3	ICICI Bank	1,61,74,014	99.74%	0.03%	0.23%
4	Axis Bank Ltd	1,20,74,555	99.97%	0.02%	0.01%
5	IndusInd Bank	1,04,84,543	99.95%	0.03%	0.02%
6	HSBC Bank	8,36,767	93.13%	0.00%	6.87%
7	IDFC FIRST Bank	3,69,199	99.95%	0.00%	0.05%
8	Kotak Mahindra Bank	43,240	99.99%	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.

AutoPay Banks Performance (Oct'24)

AutoPay Remitter Banks - Mandate Registration (Oct'24)
Sr. No.	Remitter Bank	Total Volume	Approved%	TD%	BD%
1	State Bank Of India	82,10,285	96.32%	3.68%	0.00%
2	HDFC Bank Ltd	31,54,434	97.43%	2.57%	0.00%
3	Bank of Baroda	19,77,867	95.65%	4.35%	0.00%
4	Punjab National Bank	18,69,725	93.69%	6.31%	0.00%
5	Kotak Mahindra Bank	17,10,499	96.49%	3.51%	0.00%
6	Union Bank of India	16,75,584	95.79%	4.21%	0.00%
7	ICICI Bank	15,69,925	97.32%	2.68%	0.00%
8	Axis Bank Ltd	14,33,982	97.39%	2.61%	0.00%
9	Canara Bank	13,94,449	93.62%	6.38%	0.00%
10	Airtel Payments Bank	10,92,759	99.88%	0.12%	0.00%
11	India Post Payment Bank	9,10,649	85.70%	14.30%	0.00%
12	Bank of India	8,83,244	95.77%	4.23%	0.00%
13	Indian Bank	8,41,820	96.88%	3.12%	0.00%
14	Central Bank Of India	5,15,232	86.66%	13.34%	0.00%
15	Federal Bank	4,85,113	95.84%	4.16%	0.00%
16	Indian Overseas Bank	4,31,644	94.31%	5.69%	0.00%
17	UCO Bank	4,00,957	96.34%	3.66%	0.00%
18	IndusInd Bank	3,54,904	95.71%	4.29%	0.00%
19	IDBI Bank Limited	3,32,883	97.20%	2.80%	0.00%
20	Bank of Maharashtra	3,08,272	96.28%	3.72%	0.00%
21	Fino Payments Bank	2,38,466	10.24%	89.76%	0.00%
22	Karnataka Bank	2,33,467	96.50%	3.50%	0.00%
23	Yes Bank Ltd	2,03,106	94.52%	5.48%	0.00%
24	IDFC FIRST Bank	1,82,896	96.86%	3.14%	0.00%
25	Karur Vysya Bank	1,57,247	92.65%	7.35%	0.00%
26	Jammu and Kashmir Bank	1,33,263	94.86%	5.14%	0.00%
27	South Indian Bank	1,08,179	96.70%	3.30%	0.00%
28	AU Small Finance bank	1,07,910	97.29%	2.71%	0.00%
29	Punjab and Sind Bank	96,802	94.37%	5.63%	0.00%
30	Jio Payments Bank	92,405	94.27%	5.73%	0.00%
31	City Union Bank	90,945	93.48%	6.52%	0.00%
32	Equitas Small Finance Bank	87,377	68.49%	31.51%	0.00%
33	Tamilnad Mercantile Bank	77,308	96.00%	4.00%	0.00%
34	Standard Chartered	73,643	98.42%	1.58%	0.00%
35	NSDL Payments Bank	72,680	84.90%	15.10%	0.00%
36	DBS Bank Ltd	66,428	97.24%	2.76%	0.00%
37	Pragathi Krishna Gramin Bank	60,141	92.89%	7.11%	0.00%
38	Rajasthan Marudhara Gramin Bank	51,873	95.78%	4.22%	0.00%
39	Saraswat Bank	51,235	96.46%	3.54%	0.00%
40	Andhra Pradesh Grameena Vikas Bank	46,337	95.70%	4.30%	0.00%
41	Fincare Small Finance Bank	44,573	94.31%	5.69%	0.00%
42	Maharashtra Gramin Bank	42,615	95.89%	4.11%	0.00%
43	Kerala Gramin Bank	40,665	94.39%	5.61%	0.00%
44	Karnataka Vikas Grameena Bank	40,349	95.56%	4.44%	0.00%
45	Andhra Pragathi Grameena Bank	36,067	95.45%	4.55%	0.00%
46	RBL Bank	35,375	93.54%	6.46%	0.00%
47	HSBC Bank	34,637	97.73%	2.27%	0.00%
48	Jana Small Finance Bank Ltd	19,078	50.29%	49.71%	0.00%
49	TJSB Sahakari Bank Ltd	19,037	97.03%	2.97%	0.00%
50	DCB Bank Ltd	18,015	96.74%	3.26%	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 (Oct'24)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	14,58,91,494	25.07%	73.45%	1.48%
2	Kotak Mahindra Bank	5,11,95,850	15.62%	84.26%	0.12%
3	HDFC BANK LTD	4,96,45,948	29.70%	70.15%	0.15%
4	Bank of Baroda	4,48,03,565	20.71%	79.09%	0.20%
5	Union Bank of India	4,01,25,109	19.04%	80.60%	0.35%
6	Punjab National Bank	3,98,61,036	20.69%	79.12%	0.19%
7	Axis Bank Ltd.	2,81,18,456	24.28%	75.64%	0.08%
8	Canara Bank	2,58,61,249	23.13%	76.39%	0.48%
9	India Post Payment Bank	2,11,33,310	9.30%	89.98%	0.71%
10	ICICI Bank	2,07,00,388	36.73%	63.24%	0.03%
11	Airtel Payments Bank	2,04,59,769	9.66%	89.62%	0.72%
12	Bank of India	1,96,61,873	22.44%	76.92%	0.64%
13	Indian Bank	1,82,74,374	20.31%	79.46%	0.23%
14	Paytm Payments Bank	1,26,85,029	0.03%	99.45%	0.52%
15	Federal Bank	1,10,66,139	16.75%	82.52%	0.73%
16	INDUSIND BANK	1,05,75,449	15.89%	83.56%	0.55%
17	Central Bank Of India	1,02,45,960	20.91%	78.09%	1.00%
18	UCO Bank	78,48,083	20.93%	78.49%	0.58%
19	Indian Overseas Bank	73,28,012	23.12%	75.05%	1.84%
20	IDBI Bank Limited	66,56,148	22.35%	77.14%	0.51%
21	Bank of Maharashtra	60,65,140	21.94%	77.62%	0.44%
22	IDFC Bank	53,84,394	16.47%	76.01%	7.52%
23	Yes Bank Ltd	47,53,271	17.22%	79.59%	3.19%
24	Karnataka Bank	38,05,212	25.68%	73.95%	0.37%
25	AU small Finance Bank	26,58,584	18.93%	80.98%	0.09%
26	Punjab and Sind Bank	24,24,262	17.95%	81.83%	0.22%
27	Karur Vysya Bank	23,12,684	24.69%	75.05%	0.27%
28	Fincare Small Finance Bank Ltd	18,71,986	5.79%	94.05%	0.16%
29	Jammu and Kashmir Bank	17,44,725	27.11%	70.34%	2.54%
30	Rajasthan Marudhara Gramin Bank	16,11,335	14.04%	83.87%	2.09%
31	DBS Bank India Limited	14,93,143	18.70%	81.13%	0.18%
32	South Indian Bank	14,74,850	31.39%	68.43%	0.18%
33	Jio Payments Bank	13,22,327	12.55%	85.35%	2.10%
34	NSDL Payments Bank	13,17,310	9.17%	89.30%	1.53%
35	City Union Bank	11,35,114	28.62%	71.02%	0.35%
36	Equitas Bank	11,32,467	14.93%	85.06%	0.01%
37	Tamilnad Mercantile Bank	10,99,578	25.14%	74.62%	0.24%
38	RBL	10,85,855	10.42%	88.99%	0.58%
39	Maharashtra Gramin Bank	10,21,048	13.10%	82.85%	4.05%
40	Saraswat Bank	9,68,172	24.40%	75.17%	0.43%
41	Andhra Pradesh Grameena Vikas Bank	9,17,084	14.86%	83.14%	2.00%
42	Pragathi Krishna Gramin Bank	8,21,842	23.03%	75.59%	1.38%
43	Standard Chartered	6,64,083	46.59%	52.66%	0.75%
44	Andhra Pragathi Grameena Bank	6,06,421	15.49%	71.50%	13.01%
45	UTKARSH SMALL FINANCE BANK LIMITED	5,74,039	13.32%	84.48%	2.20%
46	Kerala Gramin Bank	5,69,409	26.29%	73.12%	0.59%
47	Indusind Bank M2P	5,67,541	11.47%	87.09%	1.43%
48	Karnataka Vikas Grameena Bank	5,34,902	16.53%	74.52%	8.95%
49	Suryoday Small Finance Bank Ltd.	5,21,574	9.06%	90.41%	0.52%
50	CHATISGARH R G BANK	4,24,474	13.66%	79.99%	6.35%

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'24)
Sr. No.	Payer PSP	Total Volume	Approved %	TD %	BD %
1	Yes Bank Ltd	1,10,50,715	95.24%	4.31%	0.00%
2	Axis Bank Ltd	86,92,266	95.15%	4.35%	0.00%
3	ICICI Bank	64,81,776	95.89%	3.74%	0.00%
4	HDFC Bank Ltd	37,38,058	93.89%	5.64%	0.00%
5	State Bank Of India	22,96,483	87.82%	11.22%	0.00%
6	BHIM	1,39,455	92.75%	5.90%	0.00%
7	Jio Payments Bank	5,998	68.09%	27.94%	0.00%
8	DBS Bank India Limited	3,360	90.45%	9.05%	0.00%
9	Canara Bank	1,588	67.51%	26.70%	0.00%
10	IndusInd Bank	1,325	82.34%	12.98%	0.00%
11	Central Bank Of India	895	77.32%	21.56%	0.00%
12	Bank of Baroda	772	77.59%	19.04%	0.00%
13	Punjab National Bank	529	0.19%	99.81%	0.00%
14	Dhanlaxmi Bank Ltd	11	36.36%	63.64%	0.00%
15	Equitas Small Finance Bank	0	0.00%	0.00%	0.00%

UPI Autopay Registration - Payee PSP Performance (Oct'24)
Sr. No.	Payee PSP	Total Volume	Approved %	TD %	BD %
1	Yes Bank Ltd	1,31,30,442	98.03%	1.89%	0.00%
2	HDFC Bank Ltd	79,37,223	99.97%	0.03%	0.00%
3	Axis Bank Ltd	60,18,065	99.94%	0.06%	0.00%
4	ICICI Bank	27,52,845	99.56%	0.41%	0.00%
5	IndusInd Bank	3,77,762	99.97%	0.03%	0.00%
6	HSBC Bank	2,58,794	100.00%	0.00%	0.00%
7	IDFC FIRST Bank	1,59,540	99.14%	0.86%	0.00%
8	Kotak Mahindra Bank	13,057	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 (Oct'24)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	6,62,76,202	95.92%	4.05%	0.03%
2	Axis Bank Ltd	3,27,15,134	95.78%	4.21%	0.02%
3	ICICI Bank	2,37,33,275	95.40%	4.58%	0.02%
4	HDFC Bank Ltd	1,50,03,943	87.62%	12.38%	0.00%
5	State Bank Of India	70,95,509	98.83%	1.13%	0.04%
6	BHIM	6,10,353	91.41%	8.59%	0.00%
7	DBS Bank India Limited	25,556	36.49%	63.50%	0.01%
8	Jio Payments Bank	25,238	31.42%	3.32%	65.27%
9	IndusInd Bank	9,424	23.55%	76.45%	0.00%
10	Canara Bank	7,131	98.36%	1.64%	0.00%
11	Bank of Baroda	4,292	99.35%	0.65%	0.00%
12	Central Bank Of India	632	94.15%	5.38%	0.47%
13	Punjab National Bank	105	100.00%	0.00%	0.00%
14	Dhanlaxmi Bank Ltd	52	98.08%	1.92%	0.00%
15	Equitas Small Finance Bank	0	0.00%	0.00%	0.00%

UPI Autopay Execution - Payee PSP Performance (Oct'24)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	7,84,02,085	99.98%	0.00%	0.00%
2	HDFC Bank Ltd	2,18,64,366	99.87%	0.12%	0.00%
3	ICICI Bank	1,52,37,343	99.92%	0.02%	0.00%
4	Axis Bank Ltd	1,10,49,648	99.94%	0.02%	0.00%
5	IndusInd Bank	1,02,30,579	99.04%	0.88%	0.00%
6	HSBC Bank	8,01,421	95.23%	0.01%	0.00%
7	IDFC FIRST Bank	3,80,335	99.99%	0.00%	0.00%
8	Kotak Mahindra Bank	44,181	99.97%	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 (Sep'24)

AutoPay Remitter Banks - Mandate Registration (Sep'24)
Sr. No.	Remitter Bank	Total Volume	Approved%	TD%	BD%
1	State Bank Of India	68,89,931	95.47%	4.53%	0.00%
2	HDFC Bank Ltd	27,56,265	97.31%	2.69%	0.00%
3	Bank of Baroda	16,84,259	96.00%	4.00%	0.00%
4	Punjab National Bank	15,86,945	93.68%	6.32%	0.00%
5	Kotak Mahindra Bank	14,80,840	96.27%	3.73%	0.00%
6	Union Bank of India	14,26,417	95.78%	4.22%	0.00%
7	ICICI Bank	13,74,709	97.22%	2.78%	0.00%
8	Axis Bank Ltd	12,45,147	97.23%	2.77%	0.00%
9	Canara Bank	11,44,724	93.58%	6.42%	0.00%
10	Airtel Payments Bank	10,98,843	99.85%	0.15%	0.00%
11	India Post Payment Bank	8,04,513	91.51%	8.49%	0.00%
12	Bank of India	7,66,962	95.61%	4.39%	0.00%
13	Indian Bank	6,88,455	97.01%	2.99%	0.00%
14	Central Bank Of India	4,38,958	88.66%	11.34%	0.00%
15	Federal Bank	4,26,174	96.20%	3.80%	0.00%
16	UCO Bank	3,44,360	96.04%	3.96%	0.00%
17	Indian Overseas Bank	3,41,706	93.82%	6.18%	0.00%
18	IndusInd Bank	3,19,825	95.37%	4.63%	0.00%
19	IDBI Bank Limited	2,90,593	96.57%	3.43%	0.00%
20	Bank of Maharashtra	2,80,950	96.61%	3.39%	0.00%
21	Fino Payments Bank	2,39,087	7.36%	92.64%	0.00%
22	Karnataka Bank	1,82,671	93.62%	6.38%	0.00%
23	Yes Bank Ltd	1,77,255	94.34%	5.66%	0.00%
24	Karur Vysya Bank	1,24,513	90.69%	9.31%	0.00%
25	IDFC FIRST Bank	1,23,849	96.33%	3.67%	0.00%
26	Jammu and Kashmir Bank	1,17,522	95.33%	4.67%	0.00%
27	South Indian Bank	96,423	96.58%	3.42%	0.00%
28	AU Small Finance bank	94,389	96.87%	3.13%	0.00%
29	Punjab and Sind Bank	84,603	93.71%	6.29%	0.00%
30	Equitas Small Finance Bank	76,760	66.05%	33.95%	0.00%
31	City Union Bank	75,390	91.83%	8.17%	0.00%
32	Jio Payments Bank	73,673	93.64%	6.36%	0.00%
33	NSDL Payments Bank	67,342	85.92%	14.08%	0.00%
34	Standard Chartered	63,123	98.57%	1.43%	0.00%
35	Tamilnad Mercantile Bank	57,928	96.32%	3.68%	0.00%
36	DBS Bank Ltd	56,198	97.50%	2.50%	0.00%
37	Saraswat Bank	47,701	96.50%	3.50%	0.00%
38	Rajasthan Marudhara Gramin Bank	43,810	95.60%	4.40%	0.00%
39	Fincare Small Finance Bank	42,384	94.12%	5.88%	0.00%
40	Pragathi Krishna Gramin Bank	41,129	92.45%	7.55%	0.00%
41	Kerala Gramin Bank	39,874	93.52%	6.48%	0.00%
42	Maharashtra Gramin Bank	37,737	95.65%	4.35%	0.00%
43	Andhra Pradesh Grameena Vikas Bank	36,089	95.51%	4.49%	0.00%
44	RBL Bank	31,553	89.69%	10.31%	0.00%
45	HSBC Bank	29,202	98.11%	1.89%	0.00%
46	Andhra Pragathi Grameena Bank	27,996	95.07%	4.93%	0.00%
47	Karnataka Vikas Grameena Bank	24,132	94.33%	5.67%	0.00%
48	Jana Small Finance Bank Ltd	18,346	47.06%	52.94%	0.00%
49	TJSB Sahakari Bank Ltd	18,189	96.68%	3.32%	0.00%
50	DCB Bank Ltd	16,026	96.76%	3.24%	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 (Sep'24)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	10,86,92,223	29.38%	69.62%	1.00%
2	HDFC BANK LTD	3,58,70,872	36.86%	63.05%	0.09%
3	Kotak Mahindra Bank	3,57,07,322	19.67%	79.64%	0.69%
4	Bank of Baroda	3,34,64,187	24.11%	75.73%	0.17%
5	Punjab National Bank	3,03,03,454	24.05%	75.75%	0.20%
6	Union Bank of India	2,96,96,278	22.19%	76.99%	0.82%
7	Axis Bank Ltd.	2,00,40,529	30.16%	69.80%	0.04%
8	Canara Bank	1,86,67,664	27.69%	71.89%	0.42%
9	India Post Payment Bank	1,70,08,105	9.38%	90.29%	0.33%
10	Airtel Payments Bank	1,59,97,458	9.87%	89.87%	0.26%
11	ICICI Bank	1,51,89,321	45.45%	54.52%	0.04%
12	Bank of India	1,46,82,322	26.30%	73.01%	0.70%
13	Indian Bank	1,36,62,190	23.26%	76.67%	0.07%
14	Central Bank Of India	77,39,387	24.33%	74.44%	1.23%
15	INDUSIND BANK	77,10,868	19.29%	80.30%	0.41%
16	Federal Bank	73,40,266	22.24%	77.65%	0.11%
17	UCO Bank	61,52,651	23.52%	75.12%	1.37%
18	Paytm Payments Bank	54,62,033	0.08%	99.50%	0.42%
19	Indian Overseas Bank	53,60,421	26.76%	70.67%	2.57%
20	IDBI Bank Limited	49,17,473	26.22%	73.09%	0.69%
21	Bank of Maharashtra	45,94,579	25.52%	72.87%	1.61%
22	IDFC Bank	36,14,504	21.05%	74.68%	4.27%
23	Yes Bank Ltd	33,05,711	21.70%	76.41%	1.88%
24	Karnataka Bank	26,82,064	30.23%	69.49%	0.28%
25	Punjab and Sind Bank	18,91,246	20.47%	79.06%	0.48%
26	AU small Finance Bank	18,38,477	23.66%	76.17%	0.17%
27	Karur Vysya Bank	16,70,062	29.35%	69.59%	1.06%
28	Jammu and Kashmir Bank	14,12,793	29.22%	69.45%	1.32%
29	Fincare Small Finance Bank Ltd	13,22,674	6.93%	92.95%	0.12%
30	Rajasthan Marudhara Gramin Bank	12,34,168	15.83%	82.35%	1.81%
31	DBS Bank India Limited	11,11,060	22.33%	77.64%	0.03%
32	South Indian Bank	11,07,468	37.18%	62.80%	0.02%
33	NSDL Payments Bank	10,49,387	8.80%	89.43%	1.77%
34	Equitas Bank	8,85,741	17.19%	82.74%	0.07%
35	Jio Payments Bank	8,63,828	14.20%	83.87%	1.94%
36	City Union Bank	8,39,271	32.78%	66.41%	0.81%
37	Tamilnad Mercantile Bank	8,25,245	28.21%	71.56%	0.23%
38	RBL	7,92,499	12.35%	86.15%	1.50%
39	Maharashtra Gramin Bank	7,49,116	14.82%	82.24%	2.94%
40	Saraswat Bank	7,27,141	29.82%	69.63%	0.54%
41	Andhra Pradesh Grameena Vikas Bank	6,51,918	17.43%	81.32%	1.25%
42	Pragathi Krishna Gramin Bank	5,75,660	25.26%	73.40%	1.34%
43	Standard Chartered	4,82,920	57.81%	41.70%	0.49%
44	Andhra Pragathi Grameena Bank	4,50,718	16.70%	76.79%	6.51%
45	UTKARSH SMALL FINANCE BANK LIMITED	4,31,653	15.05%	82.56%	2.39%
46	Indusind Bank M2P	4,16,575	13.07%	85.69%	1.25%
47	Kerala Gramin Bank	4,12,653	31.02%	68.06%	0.93%
48	Suryoday Small Finance Bank Ltd.	4,06,852	9.75%	89.98%	0.26%
49	Karnataka Vikas Grameena Bank	3,97,840	15.88%	77.33%	6.79%
50	CHATISGARH R G BANK	3,22,685	15.06%	82.53%	2.41%

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 (Sep'24)
Sr. No.	Payer PSP	Total Volume	Approved %	TD %	BD %
1	Yes Bank Ltd	96,87,305	94.76%	4.42%	0.00%
2	Axis Bank Ltd	73,76,718	94.68%	4.48%	0.00%
3	ICICI Bank	56,07,070	95.64%	3.94%	0.00%
4	HDFC Bank Ltd	32,12,135	93.43%	6.06%	0.00%
5	State Bank Of India	18,85,063	87.12%	11.76%	0.00%
6	BHIM	97,810	92.02%	6.41%	0.00%
7	Jio Payments Bank	5,635	69.12%	25.89%	0.00%
8	DBS Bank India Limited	2,882	92.05%	7.84%	0.00%
9	IndusInd Bank	1,788	79.53%	8.39%	0.00%
10	Canara Bank	1,405	71.60%	19.86%	0.00%
11	Bank of Baroda	1,368	82.53%	8.48%	0.00%
12	Central Bank Of India	886	77.43%	20.20%	0.00%
13	Punjab National Bank	390	0.26%	99.74%	0.00%
14	Dhanlaxmi Bank Ltd	27	33.33%	37.04%	0.00%
15	Equitas Small Finance Bank	2	50.00%	50.00%	0.00%

UPI Autopay Registration - Payee PSP Performance (Sep'24)
Sr. No.	Payee PSP	Total Volume	Approved %	TD %	BD %
1	Yes Bank Ltd	1,16,53,317	96.96%	2.95%	0.00%
2	HDFC Bank Ltd	61,41,612	99.93%	0.07%	0.00%
3	Axis Bank Ltd	50,95,588	99.90%	0.10%	0.00%
4	ICICI Bank	25,79,466	99.40%	0.58%	0.00%
5	IndusInd Bank	6,06,741	99.97%	0.03%	0.00%
6	HSBC Bank	1,57,437	100.00%	0.00%	0.00%
7	IDFC FIRST Bank	59,357	99.43%	0.57%	0.00%
8	Kotak Mahindra Bank	6,566	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 (Sep'24)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	6,06,39,477	94.44%	5.49%	0.07%
2	Axis Bank Ltd	2,80,38,239	94.10%	5.89%	0.01%
3	ICICI Bank	2,06,76,384	94.53%	5.47%	0.01%
4	HDFC Bank Ltd	1,28,12,704	88.73%	11.27%	0.00%
5	State Bank Of India	59,24,424	98.20%	1.65%	0.15%
6	BHIM	5,52,982	93.31%	6.69%	0.00%
7	DBS Bank India Limited	19,691	44.53%	55.47%	0.00%
8	Jio Payments Bank	16,981	41.15%	5.29%	53.55%
9	IndusInd Bank	9,761	24.54%	75.46%	0.00%
10	Canara Bank	7,056	98.71%	1.29%	0.00%
11	Bank of Baroda	4,395	99.39%	0.61%	0.00%
12	Central Bank Of India	671	88.97%	10.28%	0.75%
13	Punjab National Bank	111	100.00%	0.00%	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 (Sep'24)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	6,72,15,946	99.94%	0.01%	0.06%
2	HDFC Bank Ltd	1,92,24,603	99.86%	0.14%	0.00%
3	ICICI Bank	1,43,51,557	99.46%	0.05%	0.49%
4	Axis Bank Ltd	99,10,409	99.97%	0.02%	0.00%
5	IndusInd Bank	89,41,340	99.92%	0.08%	0.00%
6	HSBC Bank	5,96,668	98.98%	0.00%	1.02%
7	IDFC FIRST Bank	2,88,425	99.89%	0.02%	0.09%
8	Kotak Mahindra Bank	44,263	98.70%	0.01%	1.29%

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 (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	9,26,06,703	30.69%	68.62%	0.70%
2	Kotak Mahindra Bank	3,00,57,289	21.33%	78.05%	0.62%
3	HDFC BANK LTD	2,99,28,992	39.50%	60.36%	0.14%
4	Bank of Baroda	2,74,06,093	26.35%	72.90%	0.75%
5	Punjab National Bank	2,56,29,705	25.57%	73.87%	0.56%
6	Union Bank of India	2,48,09,026	23.82%	75.72%	0.46%
7	Axis Bank Ltd.	1,59,15,137	33.73%	66.20%	0.07%
8	Canara Bank	1,56,71,839	29.39%	69.83%	0.79%
9	India Post Payment Bank	1,43,91,277	9.33%	88.30%	2.37%
10	ICICI Bank	1,30,82,079	47.68%	52.16%	0.17%
11	Bank of India	1,24,42,687	27.60%	71.25%	1.16%
12	Indian Bank	1,17,27,987	24.13%	75.75%	0.12%
13	Airtel Payments Bank	94,23,686	11.83%	87.54%	0.63%
14	Central Bank Of India	65,44,816	25.27%	74.12%	0.61%
15	Federal Bank	64,76,804	23.23%	76.61%	0.17%
16	INDUSIND BANK	63,51,680	21.21%	78.05%	0.73%
17	UCO Bank	53,50,609	23.96%	75.20%	0.84%
18	Paytm Payments Bank	53,41,772	0.14%	99.64%	0.22%
19	Indian Overseas Bank	44,43,320	28.80%	70.74%	0.46%
20	IDBI Bank Limited	38,88,450	29.86%	69.19%	0.95%
21	Bank of Maharashtra	37,65,842	27.20%	71.38%	1.43%
22	IDFC First Bank LTD	31,38,068	23.42%	74.09%	2.49%
23	Yes Bank Ltd	28,47,211	22.37%	76.19%	1.44%
24	Karnataka Bank	22,26,866	31.89%	67.62%	0.49%
25	Punjab and Sind Bank	15,87,750	21.60%	77.85%	0.54%
26	AU small Finance Bank	14,97,230	25.76%	74.03%	0.20%
27	Karur Vysya Bank	13,90,800	32.06%	67.53%	0.41%
28	Fincare Small Finance Bank Ltd	12,02,837	6.77%	92.93%	0.31%
29	South Indian Bank	9,76,083	37.61%	62.11%	0.29%
30	Rajasthan Marudhara Gramin Bank	9,62,225	17.86%	78.75%	3.39%
31	DBS Bank India Limited	9,56,157	24.27%	75.59%	0.14%
32	Equitas Bank	9,25,584	16.17%	83.60%	0.23%
33	Tamilnad Mercantile Bank	8,24,096	25.08%	74.35%	0.57%
34	Jammu and Kashmir Bank	8,12,395	34.92%	63.83%	1.25%
35	City Union Bank	7,51,708	32.02%	67.38%	0.59%
36	NSDL Payments Bank	7,33,376	9.71%	87.49%	2.80%
37	RBL	7,20,202	11.81%	86.93%	1.26%
38	Jio Payments Bank	6,18,786	15.45%	82.65%	1.90%
39	Maharashtra Gramin Bank	5,97,540	14.49%	82.83%	2.68%
40	Saraswat Bank	5,83,572	32.82%	66.65%	0.53%
41	Andhra Pradesh Grameena Vikas Bank	5,46,203	17.57%	80.62%	1.80%
42	Pragathi Krishna Gramin Bank	4,71,518	25.76%	72.61%	1.63%
43	Standard Chartered	4,12,593	60.45%	39.49%	0.07%
44	UTKARSH SMALL FINANCE BANK LIMITED	3,78,742	14.81%	83.40%	1.79%
45	Andhra Pragathi Grameena Bank	3,66,845	15.90%	80.91%	3.19%
46	Kerala Gramin Bank	3,43,383	31.09%	67.75%	1.17%
47	Indusind Bank M2P	3,21,242	14.88%	84.41%	0.71%
48	Karnataka Vikas Grameena Bank	3,06,014	14.90%	81.94%	3.16%
49	Suryoday Small Finance Bank Ltd.	3,03,118	10.85%	87.78%	1.37%
50	CHATISGARH R G BANK	2,85,078	14.78%	82.80%	2.42%

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 known as beneficiary PSP/resolving PSP.

PSP Wise Execution

UPI Autopay Execution - Payer PSP Performance (Oct'23)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	1,85,11,224	97.78%	2.22%	0.00%
2	Paytm Payments Bank	1,24,86,659	98.26%	1.74%	0.00%
3	Axis Bank Ltd	68,05,322	96.64%	3.35%	0.00%
4	ICICI Bank	62,20,185	91.68%	8.32%	0.01%
5	HDFC Bank Ltd	29,20,606	98.41%	1.59%	0.00%
6	State Bank Of India	17,72,752	94.22%	5.76%	0.02%
7	BHIM	4,56,871	89.92%	10.04%	0.04%
8	Jio Payments Bank	70,544	76.92%	0.30%	22.78%
9	DBS Bank India Limited	10,683	60.63%	39.34%	0.03%
10	IndusInd Bank	8,421	98.75%	1.25%	0.00%
11	Canara Bank	3,688	99.48%	0.52%	0.00%
12	Bank of India	2,385	75.51%	24.49%	0.00%
13	Central Bank Of India	337	81.31%	18.69%	0.00%
14	Punjab National Bank	68	97.06%	2.94%	0.00%
15	Dhanlaxmi Bank Ltd	52	100.00%	0.00%	0.00%
16	Equitas Small Finance Bank	10	90.00%	10.00%	0.00%

UPI Autopay Execution - Payee PSP Performance (Oct'23)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	1,90,89,024	99.98%	0.00%	0.02%
2	Paytm Payments Bank	1,03,06,274	99.97%	0.02%	0.01%
3	ICICI Bank	81,31,917	99.63%	0.00%	0.36%
4	HDFC Bank Ltd	56,21,729	99.75%	0.10%	0.15%
5	Axis Bank Ltd	42,03,144	99.88%	0.10%	0.02%
6	IndusInd Bank	3,44,547	99.82%	0.07%	0.11%
7	IDFC FIRST Bank	31,428	99.39%	0.57%	0.04%
8	HSBC Bank	14,963	99.91%	0.01%	0.08%
9	Kotak Mahindra Bank	11,259	99.70%	0.00%	0.30%

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 (Sep'23)

AutoPay Remitter Banks - Mandate Registration (Sep'23)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	2,737,261	99.66%	0.00%	0.34%
2	HDFC Bank Ltd	1,222,639	98.76%	0.00%	1.24%
3	ICICI Bank	682,808	99.17%	0.00%	0.83%
4	Bank of Baroda	584,490	99.73%	0.00%	0.26%
5	Kotak Mahindra Bank	559,694	99.96%	0.00%	0.04%
6	Paytm Payments Bank	557,716	99.93%	0.00%	0.06%
7	Union Bank of India	539,224	99.37%	0.00%	0.63%
8	Punjab National Bank	528,382	99.66%	0.00%	0.33%
9	Axis Bank Ltd	514,185	99.90%	0.00%	0.10%
10	Canara Bank	414,027	98.89%	0.00%	1.11%
11	Bank of India	285,875	99.81%	0.00%	0.19%
12	Indian Bank	246,546	97.40%	0.00%	2.60%
13	Federal Bank	191,052	99.79%	0.00%	0.21%
14	Central Bank Of India	167,994	94.97%	0.00%	5.03%
15	India Post Payment Bank	167,537	96.70%	0.00%	3.30%
16	UCO Bank	129,292	97.16%	0.00%	2.84%
17	IDBI Bank Limited	121,734	99.44%	0.00%	0.56%
18	Indian Overseas Bank	110,606	96.12%	0.00%	3.88%
19	IndusInd Bank	103,441	96.70%	0.00%	3.29%
20	Bank of Maharashtra	93,004	98.76%	0.00%	1.24%
21	IDFC FIRST Bank	72,482	99.43%	0.00%	0.57%
22	Yes Bank Ltd	63,204	99.18%	0.00%	0.82%
23	Karnataka Bank	61,262	95.45%	0.00%	4.55%
24	Karur Vysya Bank	47,936	98.89%	0.00%	1.11%
25	Equitas Small Finance Bank	45,421	53.33%	0.00%	46.67%
26	South Indian Bank	41,829	99.54%	0.00%	0.46%
27	Standard Chartered	35,671	99.34%	0.00%	0.66%
28	AU Small Finance bank	32,033	99.53%	0.00%	0.47%
29	DBS Bank Ltd	30,996	99.94%	0.00%	0.06%
30	City Union Bank	29,959	99.66%	0.00%	0.34%
31	Punjab and Sind Bank	29,412	99.79%	0.00%	0.21%
32	Tamilnad Mercantile Bank	20,163	99.65%	0.00%	0.35%
33	Fincare Small Finance Bank	18,114	99.41%	0.00%	0.59%
34	Saraswat Bank	18,006	99.78%	0.01%	0.21%
35	Jio Payments Bank	17,068	99.94%	0.00%	0.06%
36	Andhra Pradesh Grameena Vikas Bank	17,020	97.87%	0.00%	2.13%
37	Rajasthan Marudhara Gramin Bank	14,507	99.48%	0.00%	0.52%
38	HSBC Bank	13,050	98.54%	0.00%	1.46%
39	RBL Bank	12,485	97.75%	0.02%	2.23%
40	Kerala Gramin Bank	12,433	99.37%	0.00%	0.63%
41	Maharashtra Gramin Bank	11,373	99.29%	0.00%	0.71%
42	Andhra Pragathi Grameena Bank	10,728	99.94%	0.00%	0.06%
43	Pragathi Krishna Gramin Bank	9,542	99.86%	0.00%	0.14%
44	Cosmos Bank	9,193	92.23%	0.00%	7.77%
45	NSDL Payments Bank	7,767	94.44%	0.00%	5.56%
46	TJSB Sahakari Bank Ltd	6,307	99.76%	0.00%	0.24%
47	Bharat Co-op Bank Mumbai	5,202	99.08%	0.00%	0.92%
48	Dhanlaxmi Bank Ltd	4,897	96.75%	0.00%	3.25%
49	Catholic Syrian Bank	4,773	94.83%	0.00%	5.17%
50	Suryoday Small Finance Bank Ltd.	4,221	99.91%	0.00%	0.09%

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 (Sep'23)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	23,117,932	50.15%	48.91%	0.94%
2	HDFC Bank Ltd	8,036,360	65.50%	33.70%	0.80%
3	Paytm Payments Bank	6,622,723	27.27%	72.38%	0.35%
4	Kotak Mahindra Bank	6,057,029	37.49%	62.25%	0.26%
5	Bank of Baroda	5,704,837	43.70%	55.83%	0.47%
6	Union Bank of India	4,881,720	44.30%	54.68%	1.01%
7	ICICI Bank	4,725,742	66.79%	32.87%	0.34%
8	Punjab National Bank	4,725,479	47.33%	52.54%	0.13%
9	Axis Bank Ltd	3,800,076	58.01%	41.83%	0.16%
10	Canara Bank	3,213,684	49.74%	49.60%	0.66%
11	Bank of India	2,773,813	48.07%	51.43%	0.49%
12	India Post Payment Bank	2,441,504	15.50%	82.89%	1.61%
13	Indian Bank	2,218,592	43.22%	54.88%	1.90%
14	Federal Bank	1,628,451	39.03%	60.88%	0.10%
15	Central Bank Of India	1,486,517	42.29%	53.67%	4.04%
16	IndusInd Bank	1,065,908	43.92%	54.93%	1.15%
17	IDBI Bank Limited	1,050,850	41.91%	45.44%	12.66%
18	Indian Overseas Bank	882,444	44.99%	53.91%	1.09%
19	UCO Bank	849,420	42.40%	53.17%	4.44%
20	Bank of Maharashtra	753,108	46.83%	51.53%	1.64%
21	IDFC FIRST Bank	703,512	41.39%	58.08%	0.52%
22	Yes Bank Ltd	585,423	43.27%	53.68%	3.05%
23	Equitas Small Finance Bank	418,442	22.99%	76.96%	0.05%
24	Karnataka Bank	380,723	50.50%	46.81%	2.69%
25	Punjab and Sind Bank	334,942	35.55%	63.99%	0.46%
26	Karur Vysya Bank	304,072	54.37%	44.63%	1.00%
27	DBS Bank Ltd	252,243	45.82%	53.29%	0.89%
28	South Indian Bank	215,311	53.69%	45.53%	0.78%
29	RBL Bank	189,165	17.07%	15.26%	67.67%
30	Fincare Small Finance Bank Ltd	183,972	17.67%	79.59%	2.74%
31	Rajasthan Marudhara Gramin Bank	167,278	31.46%	67.11%	1.44%
32	City Union Bank	165,380	52.36%	46.79%	0.85%
33	Maharashtra Gramin Bank	130,434	26.27%	70.81%	2.92%
34	Andhra Pradesh Grameena Vikas Bank	125,009	29.22%	67.20%	3.58%
35	AU small Finance Bank	124,518	49.18%	50.56%	0.26%
36	Standard Chartered	123,714	73.00%	25.22%	1.78%
37	Tamilnad Mercantile Bank	120,562	49.44%	49.46%	1.09%
38	Saraswat Bank	117,747	57.25%	42.47%	0.28%
39	Karnataka Vikas Grameena Bank	78,243	23.54%	41.64%	34.82%
40	HSBC Bank	77,308	70.96%	27.78%	1.26%
41	NSDL Payments Bank	72,948	18.26%	80.76%	0.97%
42	Utkarsh Small Finance Bank Ltd	71,779	18.75%	80.31%	0.95%
43	Andhra Pragathi Grameena Bank	67,509	31.38%	64.42%	4.20%
44	Jio Payments Bank	65,420	31.74%	68.05%	0.21%
45	Pragathi Krishna Gramin Bank	64,211	43.56%	55.77%	0.67%
46	Kerala Gramin Bank	53,230	38.59%	60.60%	0.81%
47	TJSB Sahakari Bank Ltd	48,853	51.45%	48.34%	0.21%
48	Suryoday Small Finance Bank Ltd.	47,438	23.73%	75.68%	0.59%
49	Telangana Grameena bank	44,963	32.96%	64.56%	2.48%
50	CSB Bank Ltd	35,315	47.59%	40.89%	11.52%

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 (Sep'23)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	3,794,347	92.76%	6.87%	0.37%
2	Paytm Payments Bank	2,396,073	87.57%	11.62%	0.81%
3	Axis Bank Ltd	1,960,861	89.48%	10.05%	0.47%
4	ICICI Bank	1,630,284	90.29%	9.24%	0.47%
5	HDFC Bank Ltd	964,514	86.42%	12.81%	0.77%
6	State Bank Of India	885,584	81.73%	16.58%	1.69%
7	BHIM	103,022	91.50%	5.08%	3.42%
8	Jio Payments Bank	68,806	98.42%	1.36%	0.21%
9	IndusInd Bank	8,796	98.58%	0.61%	0.81%
10	DBS Bank India Limited	2,244	96.26%	1.38%	2.36%
11	Bank of India	1,670	93.35%	2.93%	3.71%
12	Canara Bank	1,454	91.20%	1.31%	7.50%
13	Central Bank Of India	332	69.88%	15.66%	14.46%
14	Punjab National Bank	67	47.76%	40.30%	11.94%
15	Dhanlaxmi Bank Ltd	18	77.78%	11.11%	11.11%

UPI Autopay Registration - Payee PSP Performance (Sep'23)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	2,927,836	95.42%	0.16%	4.41%
2	ICICI Bank	2,767,689	99.97%	0.00%	0.03%
3	Axis Bank Ltd	2,019,320	99.97%	0.03%	0.00%
4	Paytm Payments Bank	1,616,286	93.66%	0.19%	6.15%
5	HDFC Bank Ltd	1,368,261	99.97%	0.00%	0.03%
6	IndusInd Bank	95,577	99.97%	0.00%	0.03%
7	IDFC FIRST Bank	26,489	100.00%	0.00%	0.00%
8	HSBC Bank	3,994	100.00%	0.00%	0.00%
9	Kotak Mahindra Bank	3,842	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 (Sep'23)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	17,056,773	97.31%	2.69%	0.00%
2	Paytm Payments Bank	11,196,485	97.60%	2.39%	0.01%
3	Axis Bank Ltd	6,017,207	96.38%	3.62%	0.00%
4	ICICI Bank	5,680,403	90.84%	9.15%	0.01%
5	HDFC Bank Ltd	2,601,579	98.10%	1.89%	0.01%
6	State Bank Of India	1,578,581	93.53%	6.40%	0.07%
7	BHIM	429,050	88.24%	11.75%	0.01%
8	Jio Payments Bank	81,025	81.42%	0.12%	18.46%
9	DBS Bank India Limited	9,055	58.55%	41.42%	0.02%
10	IndusInd Bank	8,703	98.86%	1.02%	0.11%
11	Canara Bank	3,223	99.50%	0.50%	0.00%
12	Bank of India	2,521	73.38%	26.62%	0.00%
13	Central Bank Of India	222	93.69%	6.31%	0.00%
14	Punjab National Bank	70	97.14%	2.86%	0.00%
15	Dhanlaxmi Bank Ltd	42	100.00%	0.00%	0.00%

UPI Autopay Execution - Payee PSP Performance (Sep'23)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	17,266,794	100.00%	0.00%	0.00%
2	Paytm Payments Bank	9,236,222	99.98%	0.02%	0.01%
3	ICICI Bank	7,145,103	99.90%	0.01%	0.09%
4	HDFC Bank Ltd	5,293,462	99.53%	0.08%	0.39%
5	Axis Bank Ltd	3,827,959	99.66%	0.19%	0.15%
6	IndusInd Bank	240,525	99.51%	0.03%	0.46%
7	IDFC FIRST Bank	14,902	99.97%	0.00%	0.03%
8	HSBC Bank	9,035	99.70%	0.01%	0.29%
9	Kotak Mahindra Bank	3,394	99.85%	0.06%	0.09%

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 (Aug'23)

AutoPay Remitter Banks - Mandate Registration (Aug'23)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	24,50,276	96.36%	2.88%	0.76%
2	HDFC Bank Ltd	10,96,047	97.65%	2.17%	0.18%
3	ICICI Bank	6,18,603	94.70%	1.87%	3.43%
4	Bank of Baroda	5,69,659	88.86%	10.28%	0.87%
5	Paytm Payments Bank	5,59,629	89.71%	10.26%	0.02%
6	Kotak Mahindra Bank	5,06,915	91.15%	8.78%	0.08%
7	Punjab National Bank	4,81,036	92.07%	3.45%	4.48%
8	Union Bank of India	4,69,037	95.03%	3.94%	1.03%
9	Axis Bank Ltd	4,60,216	96.93%	2.75%	0.32%
10	Canara Bank	3,70,811	93.91%	4.88%	1.22%
11	Bank of India	2,54,436	95.93%	3.74%	0.33%
12	Indian Bank	2,19,392	96.63%	2.90%	0.47%
13	Federal Bank	1,77,202	98.14%	1.21%	0.65%
14	India Post Payment Bank	1,58,589	90.70%	8.03%	1.27%
15	Central Bank Of India	1,52,798	88.90%	4.50%	6.60%
16	UCO Bank	1,16,838	92.04%	7.59%	0.37%
17	Indian Overseas Bank	1,13,903	82.65%	15.55%	1.80%
18	IDBI Bank Limited	1,08,413	95.75%	3.13%	1.11%
19	IndusInd Bank	92,922	91.70%	4.42%	3.87%
20	Bank of Maharashtra	88,170	94.56%	4.44%	1.00%
21	IDFC FIRST Bank	65,685	95.53%	3.49%	0.98%
22	Yes Bank Ltd	58,710	91.85%	7.69%	0.46%
23	Karnataka Bank	54,272	89.45%	4.13%	6.42%
24	Karur Vysya Bank	45,571	92.64%	6.90%	0.47%
25	South Indian Bank	38,937	96.63%	3.18%	0.20%
26	Equitas Small Finance Bank	34,012	84.49%	0.01%	15.50%
27	Standard Chartered	32,359	98.12%	1.19%	0.68%
28	City Union Bank	29,756	93.53%	4.99%	1.47%
29	DBS Bank Ltd	29,371	97.03%	2.60%	0.36%
30	AU Small Finance bank	28,303	89.48%	2.67%	7.85%
31	Punjab and Sind Bank	27,316	92.09%	5.41%	2.49%
32	Tamilnad Mercantile Bank	19,486	96.19%	3.58%	0.24%
33	Fincare Small Finance Bank	19,423	95.25%	3.93%	0.82%
34	Saraswat Bank	15,771	97.14%	2.36%	0.50%
35	Rajasthan Marudhara Gramin Bank	13,416	95.39%	3.85%	0.75%
36	Jio Payments Bank	12,836	96.87%	3.06%	0.07%
37	RBL Bank	12,290	85.56%	12.74%	1.70%
38	Kerala Gramin Bank	12,136	94.00%	3.83%	2.17%
39	Andhra Pradesh Grameena Vikas Bank	12,087	93.37%	4.03%	2.60%
40	HSBC Bank	11,889	96.93%	1.45%	1.62%
41	Pragathi Krishna Gramin Bank	10,924	59.73%	6.35%	33.92%
42	Maharashtra Gramin Bank	10,620	95.34%	4.46%	0.20%
43	Andhra Pragathi Grameena Bank	10,215	62.49%	37.45%	0.06%
44	Cosmos Bank	7,088	90.59%	2.91%	6.50%
45	NSDL Payments Bank	6,603	90.58%	6.09%	3.33%
46	Suryoday Small Finance Bank Ltd.	5,950	97.41%	2.35%	0.24%
47	TJSB Sahakari Bank Ltd	5,625	96.44%	2.26%	1.30%
48	Catholic Syrian Bank	5,607	94.35%	3.64%	2.02%
49	Bharat Co-op Bank Mumbai	5,069	78.87%	16.55%	4.58%
50	Dhanlaxmi Bank Ltd	4,712	93.04%	4.05%	2.91%

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'23)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	2,25,86,879	49.30%	47.91%	2.79%
2	HDFC Bank Ltd	74,42,496	67.69%	31.99%	0.31%
3	Paytm Payments Bank	62,71,066	28.72%	70.88%	0.40%
4	Bank of Baroda	54,75,286	44.61%	54.51%	0.88%
5	Kotak Mahindra Bank	53,50,125	41.40%	58.45%	0.15%
6	Union Bank of India	46,08,535	45.11%	53.76%	1.13%
7	ICICI Bank	43,98,508	69.85%	29.46%	0.69%
8	Punjab National Bank	43,88,419	48.35%	50.99%	0.66%
9	Axis Bank Ltd	36,12,154	58.48%	41.08%	0.44%
10	Canara Bank	30,25,570	50.16%	49.30%	0.54%
11	Bank of India	26,99,263	48.41%	50.70%	0.89%
12	India Post Payment Bank	21,82,724	17.44%	81.54%	1.02%
13	Indian Bank	20,64,011	44.69%	54.64%	0.67%
14	Federal Bank	16,95,928	35.06%	64.80%	0.14%
15	Central Bank Of India	14,35,542	43.39%	54.25%	2.37%
16	IndusInd Bank	10,12,650	44.01%	53.36%	2.63%
17	IDBI Bank Limited	9,42,125	42.13%	42.05%	15.82%
18	Indian Overseas Bank	8,12,246	45.93%	53.25%	0.82%
19	UCO Bank	8,11,583	42.66%	55.50%	1.84%
20	Bank of Maharashtra	7,35,155	46.29%	52.35%	1.36%
21	IDFC FIRST Bank	6,72,689	40.88%	58.38%	0.73%
22	Yes Bank Ltd	5,62,110	43.36%	53.59%	3.05%
23	Equitas Small Finance Bank	4,26,932	24.37%	75.57%	0.06%
24	Karnataka Bank	3,79,401	38.82%	58.07%	3.11%
25	Punjab and Sind Bank	3,07,785	37.89%	59.88%	2.23%
26	Karur Vysya Bank	2,83,556	55.25%	43.87%	0.89%
27	DBS Bank Ltd	2,39,329	46.43%	52.42%	1.15%
28	South Indian Bank	1,75,784	61.21%	38.64%	0.15%
29	Fincare Small Finance Bank Ltd	1,70,008	19.16%	78.56%	2.28%
30	Rajasthan Marudhara Gramin Bank	1,51,554	33.37%	64.69%	1.94%
31	City Union Bank	1,49,128	52.70%	45.31%	1.99%
32	RBL Bank	1,35,139	21.62%	18.92%	59.46%
33	Maharashtra Gramin Bank	1,19,260	32.71%	64.95%	2.34%
34	Standard Chartered	1,04,694	74.00%	24.42%	1.57%
35	Andhra Pradesh Grameena Vikas Bank	1,02,531	30.32%	66.71%	2.97%
36	Saraswat Bank	1,01,995	59.35%	40.13%	0.53%
37	Tamilnad Mercantile Bank	98,997	51.53%	48.18%	0.28%
38	AU small Finance Bank	83,718	51.58%	48.24%	0.18%
39	HSBC Bank	72,766	71.14%	27.83%	1.03%
40	NSDL Payments Bank	63,689	18.24%	81.00%	0.76%
41	Andhra Pragathi Grameena Bank	59,106	29.12%	68.46%	2.42%
42	Pragathi Krishna Gramin Bank	57,406	41.78%	57.33%	0.90%
43	Jio Payments Bank	56,713	28.95%	70.92%	0.14%
44	Utkarsh Small Finance Bank Ltd	52,365	22.84%	76.40%	0.75%
45	TJSB Sahakari Bank Ltd	44,270	52.44%	47.00%	0.57%
46	Kerala Gramin Bank	44,146	41.74%	56.49%	1.77%
47	Suryoday Small Finance Bank Ltd.	39,831	30.67%	69.09%	0.24%
48	Telangana Grameena bank	35,525	32.84%	63.24%	3.93%
49	CSB Bank Ltd	34,801	49.39%	40.17%	10.45%
50	Dhanlaxmi Bank Ltd	28,212	54.01%	44.91%	1.08%

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'23)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	31,18,146	92.40%	7.35%	0.25%
2	Paytm Payments Bank	21,40,480	88.88%	10.63%	0.50%
3	Axis Bank Ltd	17,21,819	89.25%	10.25%	0.50%
4	ICICI Bank	14,03,311	90.07%	9.43%	0.51%
5	HDFC Bank Ltd	8,87,321	87.16%	12.37%	0.47%
6	State Bank Of India	8,02,851	83.95%	15.20%	0.86%
7	BHIM	94,795	91.97%	4.23%	3.79%
8	Jio Payments Bank	44,566	98.14%	1.57%	0.30%
9	DBS Bank India Limited	2,182	95.92%	2.06%	2.02%
10	Canara Bank	1,348	91.39%	1.48%	7.12%
11	Bank of India	674	88.43%	7.27%	4.30%
12	Central Bank Of India	352	79.26%	9.66%	11.08%
13	Punjab National Bank	192	14.06%	13.02%	72.92%
14	IndusInd Bank	189	71.43%	5.29%	23.28%
15	Dhanlaxmi Bank Ltd	27	70.37%	18.52%	11.11%

UPI Autopay Registration - Payee PSP Performance (Aug'23)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	ICICI Bank	23,04,369	99.81%	0.02%	0.17%
2	Yes Bank Ltd	21,62,425	93.99%	4.82%	1.19%
3	Axis Bank Ltd	19,70,372	99.92%	0.01%	0.07%
4	HDFC Bank Ltd	14,49,641	100.00%	0.00%	0.00%
5	Paytm Payments Bank	14,06,759	94.19%	3.61%	2.20%
6	IndusInd Bank	85,160	99.96%	0.00%	0.04%
7	IDFC FIRST Bank	16,766	100.00%	0.00%	0.00%
8	HSBC Bank	561	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'23)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	1,64,80,725	97.59%	2.41%	0.00%
2	Paytm Payments Bank	1,12,94,872	97.45%	2.55%	0.00%
3	Axis Bank Ltd	55,89,844	96.57%	3.40%	0.03%
4	ICICI Bank	52,58,491	91.59%	8.41%	0.00%
5	HDFC Bank Ltd	26,48,365	86.23%	13.76%	0.01%
6	State Bank Of India	14,52,465	90.01%	9.98%	0.01%
7	BHIM	4,95,877	73.67%	26.24%	0.09%
8	Jio Payments Bank	59,022	71.92%	1.48%	26.59%
9	DBS Bank India Limited	8,525	59.70%	40.25%	0.06%
10	Canara Bank	2,841	99.12%	0.88%	0.00%
11	Bank of India	1,425	57.61%	42.39%	0.00%
12	Central Bank Of India	273	94.87%	5.13%	0.00%
13	IndusInd Bank	251	84.06%	15.54%	0.40%
14	Punjab National Bank	56	98.21%	1.79%	0.00%
15	Dhanlaxmi Bank Ltd	44	100.00%	0.00%	0.00%

UPI Autopay Execution - Payee PSP Performance (Aug'23)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	1,66,61,722	99.94%	0.00%	0.06%
2	Paytm Payments Bank	91,86,327	99.91%	0.02%	0.07%
3	ICICI Bank	63,79,315	99.47%	0.00%	0.52%
4	HDFC Bank Ltd	52,93,147	99.84%	0.11%	0.05%
5	Axis Bank Ltd	36,78,869	99.84%	0.08%	0.09%
6	IndusInd Bank	1,75,488	99.15%	0.00%	0.85%
7	IDFC FIRST Bank	8,804	98.69%	0.00%	1.31%
8	HSBC Bank	6,761	98.85%	0.00%	1.15%

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'23)

AutoPay Remitter Banks - Mandate Registration (Jul'23)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	2,360,254	96.04%	3.38%	0.58%
2	HDFC Bank Ltd	1,068,275	97.36%	2.55%	0.09%
3	ICICI Bank	618,843	94.63%	2.31%	3.06%
4	Bank of Baroda	564,132	87.95%	11.25%	0.80%
5	Paytm Payments Bank	557,089	88.58%	11.35%	0.08%
6	Kotak Mahindra Bank	474,851	95.44%	4.36%	0.19%
7	Punjab National Bank	463,179	95.32%	4.16%	0.52%
8	Union Bank of India	460,744	95.08%	4.63%	0.29%
9	Axis Bank Ltd	449,795	96.77%	3.14%	0.09%
10	Canara Bank	368,912	91.78%	5.63%	2.60%
11	Bank of India	254,141	95.39%	4.48%	0.14%
12	Indian Bank	217,171	93.90%	3.06%	3.04%
13	Federal Bank	168,552	98.40%	1.35%	0.25%
14	India Post Payment Bank	155,594	88.31%	8.67%	3.02%
15	Central Bank Of India	142,161	92.64%	5.42%	1.94%
16	UCO Bank	124,371	91.61%	7.68%	0.71%
17	Indian Overseas Bank	112,129	82.17%	16.80%	1.03%
18	IDBI Bank Limited	107,663	95.63%	3.76%	0.61%
19	IndusInd Bank	90,955	94.18%	5.10%	0.72%
20	Bank of Maharashtra	85,384	93.43%	5.35%	1.21%
21	IDFC FIRST Bank	68,381	95.69%	4.07%	0.24%
22	Yes Bank Ltd	59,090	90.83%	8.84%	0.32%
23	Karnataka Bank	54,980	88.24%	5.45%	6.30%
24	Karur Vysya Bank	44,217	91.09%	8.00%	0.90%
25	South Indian Bank	37,155	96.09%	3.63%	0.28%
26	Standard Chartered	31,811	98.28%	1.36%	0.36%
27	Equitas Small Finance Bank	31,460	95.35%		4.65%
28	DBS Bank Ltd	28,403	96.78%	2.83%	0.39%
29	City Union Bank	28,392	92.62%	5.92%	1.45%
30	Punjab and Sind Bank	26,664	93.26%	6.21%	0.54%
31	AU Small Finance bank	25,457	66.84%		33.16%
32	Tamilnad Mercantile Bank	19,178	95.71%	4.03%	0.27%
33	Saraswat Bank	16,305	96.73%	2.48%	0.79%
34	Fincare Small Finance Bank	13,120	93.59%	5.76%	0.65%
35	Rajasthan Marudhara Gramin Bank	12,833	94.71%	4.22%	1.07%
36	Andhra Pradesh Grameena Vikas Bank	12,826	93.13%	4.90%	1.96%
37	RBL Bank	11,975	89.56%	10.28%	0.16%
38	HSBC Bank	11,618	98.02%	1.60%	0.38%
39	Kerala Gramin Bank	11,023	94.93%	4.88%	0.19%
40	Maharashtra Gramin Bank	10,886	94.48%	4.67%	0.85%
41	NSDL Payments Bank	9,677	93.28%	3.63%	3.09%
42	Jio Payments Bank	9,134	88.18%	11.58%	0.24%
43	Pragathi Krishna Gramin Bank	9,004	90.18%	9.45%	0.37%
44	Andhra Pragathi Grameena Bank	8,992	87.31%	11.79%	0.90%
45	Cosmos Bank	8,017	90.18%	3.06%	6.76%
46	TJSB Sahakari Bank Ltd	5,676	96.28%	2.94%	0.78%
47	Catholic Syrian Bank	5,473	92.69%	3.60%	3.71%
48	Bharat Co-op Bank Mumbai	4,892	82.89%	16.48%	0.63%
49	Suryoday Small Finance Bank Ltd.	4,732	95.58%	3.78%	0.63%
50	Dhanlaxmi Bank Ltd	4,635	93.74%	4.49%	1.77%

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'23)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	20,944,682	51.07%	47.23%	1.70%
2	HDFC Bank Ltd	6,897,896	68.48%	30.95%	0.57%
3	Paytm Payments Bank	5,557,389	31.23%	68.37%	0.40%
4	Bank of Baroda	5,017,911	45.95%	53.21%	0.85%
5	Kotak Mahindra Bank	4,803,133	43.12%	56.16%	0.72%
6	Union Bank of India	4,162,707	46.88%	52.61%	0.51%
7	Punjab National Bank	4,071,740	49.32%	49.66%	1.02%
8	ICICI Bank	4,038,640	71.61%	28.07%	0.32%
9	Axis Bank Ltd	3,315,925	59.99%	39.14%	0.88%
10	Canara Bank	2,787,411	50.96%	48.04%	1.00%
11	Bank of India	2,519,565	49.21%	50.37%	0.42%
12	India Post Payment Bank	1,935,637	18.28%	79.55%	2.18%
13	Indian Bank	1,902,589	45.42%	51.78%	2.80%
14	Federal Bank	1,572,628	35.72%	64.07%	0.21%
15	Central Bank Of India	1,362,337	44.31%	53.16%	2.53%
16	UCO Bank	929,048	27.59%	67.25%	5.16%
17	IndusInd Bank	904,415	46.89%	52.24%	0.88%
18	IDBI Bank Limited	837,327	44.12%	42.59%	13.29%
19	Indian Overseas Bank	733,265	47.10%	51.39%	1.50%
20	Bank of Maharashtra	682,745	48.37%	49.73%	1.90%
21	IDFC FIRST Bank	528,539	46.62%	52.76%	0.62%
22	Yes Bank Ltd	513,294	44.79%	52.38%	2.83%
23	Equitas Small Finance Bank	396,800	25.41%	74.40%	0.19%
24	Karnataka Bank	352,254	35.59%	60.22%	4.19%
25	Punjab and Sind Bank	279,084	39.61%	58.67%	1.72%
26	Karur Vysya Bank	259,383	56.03%	43.17%	0.80%
27	DBS Bank Ltd	218,697	48.05%	50.84%	1.11%
28	South Indian Bank	166,827	58.52%	40.84%	0.64%
29	City Union Bank	159,678	44.52%	54.39%	1.09%
30	Fincare Small Finance Bank Ltd	143,392	17.46%	79.90%	2.64%
31	Rajasthan Marudhara Gramin Bank	141,145	32.55%	63.42%	4.02%
32	RBL Bank	123,153	22.11%	18.25%	59.64%
33	Tamilnad Mercantile Bank	110,348	37.13%	62.74%	0.13%
34	Saraswat Bank	92,759	60.77%	38.62%	0.62%
35	Andhra Pradesh Grameena Vikas Bank	92,404	32.39%	63.66%	3.94%
36	Standard Chartered	84,985	76.18%	22.80%	1.03%
37	HSBC Bank	67,373	71.25%	27.81%	0.94%
38	NSDL Payments Bank	55,327	24.04%	73.78%	2.17%
39	Pragathi Krishna Gramin Bank	53,782	44.42%	54.34%	1.24%
40	Andhra Pragathi Grameena Bank	52,062	32.18%	63.04%	4.78%
41	Utkarsh Small Finance Bank Ltd	47,982	23.30%	76.38%	0.33%
42	Jio Payments Bank	47,865	24.41%	70.66%	4.93%
43	Kerala Gramin Bank	41,677	43.77%	55.80%	0.43%
44	TJSB Sahakari Bank Ltd	40,856	53.18%	45.77%	1.05%
45	CSB Bank Ltd	34,929	45.58%	39.57%	14.85%
46	Suryoday Small Finance Bank Ltd.	33,899	30.52%	67.52%	1.96%
47	Telangana Grameena bank	31,209	34.63%	61.63%	3.74%
48	Dhanlaxmi Bank Ltd	28,112	50.38%	48.91%	0.70%
49	AU small Finance Bank	27,408	69.31%	28.93%	1.76%
50	GP Parsik Bank	20,416	50.03%	49.82%	0.15%

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'23)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	3,142,718	91.92%	7.91%	0.17%
2	Paytm Payments Bank	2,153,227	88.89%	10.84%	0.28%
3	Axis Bank Ltd	1,698,208	89.41%	10.38%	0.21%
4	ICICI Bank	1,346,987	89.77%	9.91%	0.32%
5	HDFC Bank Ltd	829,891	86.44%	13.17%	0.38%
6	State Bank Of India	747,732	80.60%	15.68%	3.71%
7	BHIM	94,178	92.76%	4.65%	2.60%
8	Jio Payments Bank	7,245	94.34%	5.01%	0.65%
9	DBS Bank India Limited	2,073	96.53%	1.74%	1.74%
10	Canara Bank	1,323	85.34%	1.21%	13.45%
11	Bank of India	290	71.72%	20.34%	7.93%
12	IndusInd Bank	264	86.74%	6.82%	6.44%
13	Central Bank Of India	233	78.97%	6.44%	14.59%
14	Punjab National Bank	61	31.15%	57.38%	11.48%
15	Dhanlaxmi Bank Ltd	17	70.59%	29.41%	0.00%

UPI Autopay Registration - Payee PSP Performance (Jul'23)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Axis Bank Ltd	2,687,113	100.00%	0.00%	0.00%
2	ICICI Bank	2,552,305	100.00%	0.00%	0.00%
3	Yes Bank Ltd	2,297,291	100.00%	0.00%	0.00%
4	HDFC Bank Ltd	1,515,648	100.00%	0.00%	0.00%
5	Paytm Payments Bank	1,466,925	100.00%	0.00%	0.00%
6	IndusInd Bank	103,002	100.00%	0.00%	0.00%
7	HSBC Bank	713	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'23)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	15,732,230	98.55%	1.44%	0.00%
2	Paytm Payments Bank	10,795,501	97.96%	2.04%	0.00%
3	Axis Bank Ltd	5,082,006	97.63%	2.32%	0.05%
4	ICICI Bank	4,715,728	93.20%	6.79%	0.00%
5	HDFC Bank Ltd	2,210,907	91.59%	8.38%	0.02%
6	State Bank Of India	1,246,288	89.83%	10.16%	0.01%
7	BHIM	398,562	92.41%	7.31%	0.28%
8	Jio Payments Bank	21,026	31.63%	3.26%	65.11%
9	DBS Bank India Limited	7,891	61.11%	38.85%	0.04%
10	Canara Bank	2,368	99.07%	0.93%	0.00%
11	Bank of India	1,082	45.47%	54.53%	0.00%
12	IndusInd Bank	300	91.67%	8.33%	0.00%
13	Central Bank Of India	172	93.60%	6.40%	0.00%
14	Dhanlaxmi Bank Ltd	50	88.00%	10.00%	2.00%
15	Punjab National Bank	44	100.00%	0.00%	0.00%

UPI Autopay Execution - Payee PSP Performance (Jul'23)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	36,362,687	99.91%	0.04%	0.05%
2	Paytm Payments Bank	21,926,439	99.99%	0.01%	0.01%
3	ICICI Bank	10,793,167	99.95%	0.00%	0.04%
4	HDFC Bank Ltd	7,414,267	98.71%	1.20%	0.09%
5	Axis Bank Ltd	4,360,090	99.97%	0.01%	0.01%
6	IndusInd Bank	174,380	99.76%	0.01%	0.24%
7	HSBC Bank	27,022	99.94%	0.00%	0.06%

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'23)

AutoPay Remitter Banks - Mandate Registration (Jun'23)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	2,287,579	96.58%	3.36%	0.05%
2	HDFC Bank Ltd	1,021,160	97.35%	2.56%	0.09%
3	ICICI Bank	596,849	95.20%	2.26%	2.54%
4	Bank of Baroda	554,381	88.37%	11.13%	0.50%
5	Paytm Payments Bank	497,253	88.35%	11.62%	0.03%
6	Kotak Mahindra Bank	455,261	95.21%	4.12%	0.67%
7	Punjab National Bank	448,160	95.38%	4.32%	0.30%
8	Union Bank of India	439,101	95.20%	4.50%	0.30%
9	Axis Bank Ltd	432,484	96.75%	3.10%	0.15%
10	Canara Bank	358,129	92.09%	5.47%	2.44%
11	Bank of India	247,312	95.51%	4.34%	0.15%
12	Indian Bank	203,427	95.58%	3.13%	1.29%
13	Federal Bank	162,713	97.45%	1.44%	1.12%
14	India Post Payment Bank	148,339	86.20%	9.09%	4.72%
15	UCO Bank	143,737	86.33%	5.74%	7.93%
16	Central Bank Of India	141,786	92.96%	5.17%	1.87%
17	IDBI Bank Limited	108,023	95.98%	3.58%	0.44%
18	Indian Overseas Bank	106,563	85.71%	14.03%	0.26%
19	Bank of Maharashtra	86,714	93.80%	5.31%	0.89%
20	IndusInd Bank	86,198	94.42%	4.97%	0.61%
21	IDFC FIRST Bank	63,483	95.41%	4.45%	0.14%
22	Yes Bank Ltd	56,733	91.01%	8.72%	0.27%
23	Karnataka Bank	55,548	86.12%	4.77%	9.11%
24	Karur Vysya Bank	42,384	91.09%	8.71%	0.20%
25	South Indian Bank	38,345	96.43%	3.53%	0.04%
26	Standard Chartered	30,417	98.25%	1.46%	0.29%
27	Equitas Small Finance Bank	29,557	96.31%	0.00%	3.69%
28	DBS Bank Ltd	27,035	97.34%	2.59%	0.07%
29	Punjab and Sind Bank	26,493	92.16%	7.18%	0.66%
30	City Union Bank	26,335	92.68%	5.58%	1.74%
31	Tamilnad Mercantile Bank	19,734	95.75%	3.93%	0.32%
32	Saraswat Bank	16,959	95.48%	2.69%	1.83%
33	Rajasthan Marudhara Gramin Bank	13,686	93.19%	4.60%	2.21%
34	RBL Bank	11,972	90.14%	9.66%	0.20%
35	Kerala Gramin Bank	11,557	93.49%	6.08%	0.42%
36	Andhra Pradesh Grameena Vikas Bank	11,459	92.01%	5.11%	2.89%
37	Maharashtra Gramin Bank	11,154	93.82%	4.30%	1.87%
38	Fincare Small Finance Bank	10,583	87.26%	6.27%	6.46%
39	HSBC Bank	10,450	98.07%	1.62%	0.32%
40	Pragathi Krishna Gramin Bank	9,757	77.02%	9.57%	13.41%
41	Andhra Pragathi Grameena Bank	8,506	84.16%	15.41%	0.42%
42	Cosmos Bank	8,350	90.92%	3.54%	5.53%
43	Jio Payments Bank	7,355	92.21%	7.70%	0.10%
44	NSDL Payments Bank	7,117	89.77%	5.31%	4.92%
45	Catholic Syrian Bank	5,581	94.10%	3.82%	2.08%
46	TJSB Sahakari Bank Ltd	5,580	96.00%	3.21%	0.79%
47	Bharat Co-op Bank Mumbai	4,833	83.07%	15.81%	1.12%
48	Dhanlaxmi Bank Ltd	4,702	94.32%	3.91%	1.77%
49	Karnataka Vikas Grameena Bank	4,573	95.85%	3.46%	0.70%
50	Suryoday Small Finance Bank Ltd.	3,813	96.41%	3.41%	0.18%

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'23)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	18,494,546	52.85%	46.01%	1.15%
2	HDFC Bank Ltd	6,129,566	70.63%	29.21%	0.16%
3	Paytm Payments Bank	4,675,909	33.45%	66.23%	0.33%
4	Bank of Baroda	4,533,563	46.68%	52.85%	0.46%
5	Kotak Mahindra Bank	4,340,802	43.12%	54.81%	2.07%
6	Union Bank of India	3,693,545	47.82%	51.55%	0.63%
7	ICICI Bank	3,679,493	71.96%	27.08%	0.96%
8	Punjab National Bank	3,604,158	51.48%	48.22%	0.29%
9	Axis Bank Ltd	2,982,646	61.54%	38.09%	0.37%
10	Canara Bank	2,467,842	52.66%	46.04%	1.30%
11	Bank of India	2,247,899	51.01%	48.68%	0.31%
12	India Post Payment Bank	1,842,276	18.07%	75.89%	6.03%
13	Indian Bank	1,632,347	47.68%	51.48%	0.84%
14	Federal Bank	1,407,773	35.76%	63.96%	0.29%
15	Central Bank Of India	1,313,291	41.93%	54.81%	3.26%
16	UCO Bank	935,560	19.17%	68.66%	12.17%
17	IndusInd Bank	796,797	48.61%	50.74%	0.66%
18	IDBI Bank Limited	736,328	45.10%	39.01%	15.88%
19	Bank of Maharashtra	661,439	44.75%	54.03%	1.22%
20	Indian Overseas Bank	656,285	47.24%	51.90%	0.86%
21	Yes Bank Ltd	473,725	43.89%	49.30%	6.81%
22	IDFC FIRST Bank	426,067	50.05%	48.83%	1.12%
23	Equitas Small Finance Bank	377,876	25.23%	74.61%	0.16%
24	Karnataka Bank	326,505	32.67%	61.31%	6.02%
25	Punjab and Sind Bank	249,913	40.47%	57.75%	1.78%
26	Karur Vysya Bank	222,236	58.14%	41.42%	0.44%
27	DBS Bank Ltd	196,802	49.51%	49.36%	1.13%
28	City Union Bank	148,008	41.73%	56.59%	1.67%
29	South Indian Bank	142,922	63.04%	36.90%	0.06%
30	Fincare Small Finance Bank Ltd	129,348	16.19%	78.28%	5.53%
31	Rajasthan Marudhara Gramin Bank	128,420	33.26%	63.68%	3.06%
32	RBL Bank	107,472	22.86%	20.64%	56.50%
33	Tamilnad Mercantile Bank	96,803	34.89%	64.94%	0.17%
34	Andhra Pradesh Grameena Vikas Bank	81,733	31.34%	62.44%	6.22%
35	Saraswat Bank	81,662	63.42%	35.89%	0.68%
36	Standard Chartered	60,878	82.10%	17.31%	0.59%
37	HSBC Bank	58,759	74.89%	24.72%	0.39%
38	Andhra Pragathi Grameena Bank	50,498	28.32%	67.62%	4.05%
39	Utkarsh Small Finance Bank Ltd	46,845	20.83%	78.14%	1.03%
40	NSDL Payments Bank	46,197	23.87%	72.46%	3.66%
41	Pragathi Krishna Gramin Bank	44,839	47.12%	52.21%	0.67%
42	CSB Bank Ltd	40,600	33.96%	58.47%	7.57%
43	Jio Payments Bank	38,107	25.88%	72.89%	1.23%
44	TJSB Sahakari Bank Ltd	36,741	54.02%	45.34%	0.64%
45	Kerala Gramin Bank	33,669	49.81%	49.67%	0.52%
46	Suryoday Small Finance Bank Ltd.	27,668	30.48%	68.76%	0.77%
47	Telangana Grameena bank	27,446	34.68%	61.81%	3.51%
48	Dhanlaxmi Bank Ltd	26,506	49.06%	50.24%	0.70%
49	SBM Bank India Ltd.	24,232	13.35%	34.19%	52.46%
50	GP Parsik Bank	17,279	52.28%	47.55%	0.17%

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'23)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	3,151,893	93.51%	6.37%	0.12%
2	Paytm Payments Bank	1,907,622	89.49%	10.30%	0.21%
3	Axis Bank Ltd	1,496,078	89.25%	10.59%	0.16%
4	ICICI Bank	1,345,332	90.91%	8.88%	0.21%
5	HDFC Bank Ltd	807,078	87.21%	12.36%	0.43%
6	State Bank Of India	739,252	84.11%	15.49%	0.41%
7	BHIM	88,045	89.97%	4.05%	5.97%
8	Jio Payments Bank	2,313	86.29%	13.23%	0.48%
9	DBS Bank India Limited	2,061	98.16%	1.31%	0.53%
10	Canara Bank	1,169	84.09%	1.45%	14.46%
11	Bank of India	949	47.95%	52.05%	0.00%
12	Bank of India	209	79.43%	16.27%	4.31%
13	Punjab National Bank	42	66.67%	19.05%	14.29%
14	Dhanlaxmi Bank Ltd	27	62.96%	37.04%	0.00%

UPI Autopay Registration - Payee PSP Performance (Jun'23)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	ICICI Bank	2,565,012	100.00%	0.00%	0.00%
2	Yes Bank Ltd	2,414,655	100.00%	0.00%	0.00%
3	Axis Bank Ltd	2,280,903	100.00%	0.00%	0.00%
4	HDFC Bank Ltd	1,534,928	100.00%	0.00%	0.00%
5	Paytm Payments Bank	1,224,561	100.00%	0.00%	0.00%
6	IndusInd Bank	81,591	100.00%	0.00%	0.00%
7	HSBC Bank	801	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'23)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	14,397,298	98.88%	1.12%	0.00%
2	Paytm Payments Bank	9,857,727	99.21%	0.79%	0.00%
3	Axis Bank Ltd	4,444,282	98.25%	1.75%	0.00%
4	ICICI Bank	4,190,562	94.72%	5.26%	0.03%
5	HDFC Bank Ltd	2,030,769	90.48%	9.51%	0.01%
6	State Bank Of India	1,160,859	81.58%	18.42%	0.00%
7	BHIM	359,400	93.75%	6.23%	0.02%
8	Jio Payments Bank	8,517	22.13%	23.28%	54.58%
9	DBS Bank India Limited	7,297	61.78%	38.17%	0.05%
10	Canara Bank	1,852	99.14%	0.86%	0.00%
11	Bank of India	949	47.95%	52.05%	0.00%
12	IndusInd Bank	86	94.19%	5.81%	0.00%
13	Dhanlaxmi Bank Ltd	48	97.92%	2.08%	0.00%
14	Punjab National Bank	41	100.00%	0.00%	0.00%

UPI Autopay Execution - Payee PSP Performance (Jun'23)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	33,148,809	100.00%	0.00%	0.00%
2	Paytm Payments Bank	19,072,001	100.00%	0.00%	0.00%
3	ICICI Bank	8,710,094	100.00%	0.00%	0.00%
4	HDFC Bank Ltd	7,024,338	100.00%	0.00%	0.00%
5	Axis Bank Ltd	3,870,239	100.00%	0.00%	0.00%
6	IndusInd Bank	117,936	100.00%	0.00%	0.00%
7	HSBC Bank	23,964	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.

AutoPay Banks Performance (May'23)

AutoPay Remitter Banks - Mandate Registration (May'23)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	20,74,529	96.12%	3.76%	0.13%
2	HDFC Bank Ltd	9,30,913	97.09%	2.73%	0.19%
3	ICICI Bank	5,45,175	94.60%	2.31%	3.09%
4	Bank of Baroda	5,14,587	87.60%	11.88%	0.52%
5	Punjab National Bank	4,88,827	69.46%	3.13%	27.41%
6	Paytm Payments Bank	4,84,431	88.01%	11.94%	0.04%
7	Kotak Mahindra Bank	4,29,856	94.87%	4.17%	0.96%
8	Union Bank of India	4,05,116	94.16%	4.95%	0.88%
9	Axis Bank Ltd	3,94,840	96.66%	3.26%	0.07%
10	Canara Bank	3,25,476	92.83%	6.02%	1.15%
11	Bank of India	2,23,889	94.18%	5.20%	0.62%
12	Indian Bank	1,84,198	95.35%	3.40%	1.25%
13	India Post Payment Bank	1,60,869	88.56%	9.57%	1.87%
14	Federal Bank	1,53,125	98.26%	1.65%	0.09%
15	UCO Bank	1,30,991	84.96%	5.71%	9.33%
16	Central Bank Of India	1,29,424	93.62%	5.67%	0.71%
17	Indian Overseas Bank	98,148	73.39%	25.84%	0.77%
18	IDBI Bank Limited	98,010	94.92%	4.09%	0.99%
19	Bank of Maharashtra	78,886	92.03%	5.89%	2.08%
20	IndusInd Bank	77,697	93.79%	5.72%	0.49%
21	IDFC FIRST Bank	59,637	94.74%	4.53%	0.73%
22	Yes Bank Ltd	51,690	90.64%	9.30%	0.05%
23	Karnataka Bank	48,738	86.20%	4.21%	9.59%
24	Karur Vysya Bank	38,329	90.14%	9.39%	0.47%
25	South Indian Bank	34,778	95.28%	4.66%	0.05%
26	Standard Chartered	29,737	99.08%	0.56%	0.36%
27	Equitas Small Finance Bank	29,417	97.49%	0.00%	2.51%
28	DBS Bank Ltd	25,690	96.94%	2.81%	0.25%
29	Punjab and Sind Bank	24,632	92.37%	6.93%	0.70%
30	City Union Bank	24,357	91.19%	6.63%	2.19%
31	Tamilnad Mercantile Bank	17,967	94.88%	4.07%	1.05%
32	Saraswat Bank	15,042	96.12%	2.88%	1.00%
33	Rajasthan Marudhara Gramin Bank	12,353	94.24%	5.06%	0.70%
34	RBL Bank	11,627	89.09%	10.59%	0.33%
35	Kerala Gramin Bank	11,061	94.75%	5.14%	0.11%
36	Fincare Small Finance Bank	10,956	89.85%	6.30%	3.85%
37	Andhra Pradesh Grameena Vikas Bank	10,163	93.38%	5.80%	0.83%
38	HSBC Bank	10,127	98.23%	1.37%	0.39%
39	Maharashtra Gramin Bank	9,429	93.55%	5.35%	1.10%
40	Cosmos Bank	7,841	88.80%	4.17%	7.03%
41	Andhra Pragathi Grameena Bank	7,770	69.09%	29.65%	1.26%
42	Pragathi Krishna Gramin Bank	7,357	85.69%	12.57%	1.74%
43	Jio Payments Bank	6,918	93.90%	6.00%	0.10%
44	NSDL Payments Bank	6,344	90.73%	5.69%	3.58%
45	TJSB Sahakari Bank Ltd	5,260	96.12%	3.38%	0.49%
46	Catholic Syrian Bank	5,016	95.24%	3.67%	1.10%
47	Dhanlaxmi Bank Ltd	4,310	94.20%	4.66%	1.14%
48	Bharat Co-op Bank Mumbai	4,299	80.34%	18.38%	1.28%
49	Karnataka Vikas Grameena Bank	3,709	93.69%	5.18%	1.13%
50	Utkarsh Small Finance Bank	2,807	91.24%	7.66%	1.10%

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'23)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	1,84,83,231	51.78%	47.38%	0.84%
2	HDFC Bank Ltd	59,67,350	69.75%	30.03%	0.22%
3	Paytm Payments Bank	45,33,643	33.56%	66.01%	0.43%
4	Bank of Baroda	44,93,660	46.84%	52.88%	0.28%
5	Kotak Mahindra Bank	41,54,359	42.81%	56.40%	0.79%
6	Union Bank of India	36,69,046	47.24%	51.97%	0.78%
7	ICICI Bank	35,67,473	71.24%	27.95%	0.81%
8	Punjab National Bank	34,67,267	50.31%	49.19%	0.49%
9	Axis Bank Ltd	29,33,796	61.04%	38.66%	0.30%
10	Canara Bank	24,31,490	52.78%	46.17%	1.05%
11	Bank of India	22,66,828	50.95%	48.45%	0.60%
12	India Post Payment Bank	18,86,555	17.59%	79.61%	2.81%
13	Indian Bank	15,97,732	47.27%	51.62%	1.10%
14	Federal Bank	13,78,049	34.92%	65.01%	0.07%
15	Central Bank Of India	13,46,437	40.62%	57.69%	1.69%
16	UCO Bank	9,36,116	19.31%	67.84%	12.85%
17	Bank of Maharashtra	7,69,553	37.47%	46.11%	16.42%
18	IndusInd Bank	7,57,594	49.02%	50.45%	0.53%
19	Indian Overseas Bank	6,47,777	45.50%	54.16%	0.34%
20	IDBI Bank Limited	6,39,996	45.79%	37.86%	16.35%
21	Yes Bank Ltd	4,61,734	43.44%	53.80%	2.76%
22	IDFC FIRST Bank	4,35,284	47.56%	51.11%	1.33%
23	Equitas Small Finance Bank	3,90,888	25.22%	74.73%	0.05%
24	Punjab and Sind Bank	2,42,374	39.82%	55.77%	4.41%
25	Karnataka Bank	2,40,014	35.76%	57.73%	6.51%
26	Karur Vysya Bank	2,18,535	57.85%	41.62%	0.52%
27	DBS Bank Ltd	1,93,486	48.97%	49.50%	1.53%
28	City Union Bank	1,37,458	41.99%	55.97%	2.04%
29	Fincare Small Finance Bank Ltd	1,27,537	17.52%	79.01%	3.47%
30	Rajasthan Marudhara Gramin Bank	1,26,539	31.17%	63.71%	5.12%
31	South Indian Bank	1,17,283	66.12%	33.79%	0.09%
32	RBL Bank	90,460	25.00%	22.98%	52.01%
33	Andhra Pradesh Grameena Vikas Bank	79,807	30.22%	63.63%	6.15%
34	Saraswat Bank	69,203	66.06%	33.58%	0.36%
35	HSBC Bank	56,546	74.77%	24.96%	0.27%
36	Andhra Pragathi Grameena Bank	47,808	28.56%	67.84%	3.60%
37	Utkarsh Small Finance Bank Ltd	44,006	20.24%	78.78%	0.98%
38	NSDL Payments Bank	41,730	20.07%	78.60%	1.33%
39	Pragathi Krishna Gramin Bank	39,690	47.76%	51.83%	0.41%
40	Jio Payments Bank	37,250	25.58%	74.32%	0.10%
41	CSB Bank Ltd	37,080	35.27%	58.11%	6.62%
42	Standard Chartered	36,053	89.50%	9.81%	0.70%
43	TJSB Sahakari Bank Ltd	34,527	54.40%	45.30%	0.30%
44	SBM Bank India Ltd.	32,397	5.04%	8.70%	86.27%
45	Kerala Gramin Bank	29,197	51.31%	48.33%	0.37%
46	Dhanlaxmi Bank Ltd	25,900	46.69%	52.83%	0.48%
47	Suryoday Small Finance Bank Ltd.	25,186	27.66%	71.22%	1.12%
48	Telangana Grameena bank	22,868	34.70%	60.33%	4.97%
49	Tamilnad Mercantile Bank	16,876	89.54%	10.14%	0.32%
50	GP Parsik Bank	16,616	52.10%	47.57%	0.33%

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'23)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	27,73,121	92.81%	7.06%	0.13%
2	Paytm Payments Bank	18,72,844	89.30%	10.50%	0.19%
3	Axis Bank Ltd	13,75,932	88.53%	11.31%	0.16%
4	ICICI Bank	12,22,588	90.11%	9.61%	0.29%
5	HDFC Bank Ltd	7,46,112	86.26%	13.13%	0.61%
6	State Bank Of India	6,95,156	82.65%	16.49%	0.86%
7	BHIM	60,996	85.62%	3.97%	10.41%
8	Jio Payments Bank	2,457	86.45%	11.27%	2.28%
9	DBS Bank India Limited	2,079	97.07%	1.73%	1.20%
10	Canara Bank	927	85.76%	8.74%	5.50%
11	Bank of India	280	73.93%	19.29%	6.79%
12	Punjab National Bank	569	4.22%	0.88%	94.90%
13	Bank of India	367	82.02%	11.44%	6.54%
14	Dhanlaxmi Bank Ltd	19	68.42%	31.58%	0.00%

UPI Autopay Registration - Payee PSP Performance (May'23)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	ICICI Bank	24,18,336	100.00%	0.00%	0.00%
2	Axis Bank Ltd	22,10,114	100.00%	0.00%	0.00%
3	Yes Bank Ltd	20,59,514	100.00%	0.00%	0.00%
4	HDFC Bank Ltd	16,13,288	100.00%	0.00%	0.00%
5	Paytm Payments Bank	10,88,251	100.00%	0.00%	0.00%
6	IndusInd Bank	43,009	100.00%	0.00%	0.00%
7	HSBC Bank	806	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'23)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	1,41,93,788	98.37%	1.62%	0.01%
2	Paytm Payments Bank	98,19,620	99.47%	0.52%	0.01%
3	Axis Bank Ltd	42,54,613	97.98%	2.00%	0.01%
4	ICICI Bank	38,61,121	96.17%	3.81%	0.02%
5	HDFC Bank Ltd	18,51,197	90.87%	9.12%	0.01%
6	State Bank Of India	9,37,620	84.19%	15.80%	0.01%
7	BHIM	3,44,204	91.44%	8.54%	0.02%
8	DBS Bank India Limited	7,073	61.97%	37.99%	0.04%
9	Jio Payments Bank	7,056	26.09%	51.77%	22.14%
10	Canara Bank	1,288	98.52%	1.48%	0.00%
11	Bank of India	975	58.77%	41.23%	0.00%
12	IndusInd Bank	120	92.50%	7.50%	0.00%
13	Dhanlaxmi Bank Ltd	46	89.13%	10.87%	0.00%
14	Punjab National Bank	36	100.00%	0.00%	0.00%

UPI Autopay Execution - Payee PSP Performance (May'23)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	34,222,882	100.00%	0.00%	0.00%
2	Paytm Payments Bank	18,535,621	100.00%	0.00%	0.00%
3	ICICI Bank	7,265,958	100.00%	0.00%	0.00%
4	HDFC Bank Ltd	6,834,491	100.00%	0.00%	0.00%
5	Axis Bank Ltd	3,634,201	100.00%	0.00%	0.00%
6	IndusInd Bank	72,018	100.00%	0.00%	0.00%
7	HSBC Bank	27,229	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.

AutoPay Banks Performance (Apr'23)

AutoPay Remitter Banks - Mandate Registration (Apr'23)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	19,20,478	95.45%	3.90%	0.64%
2	HDFC Bank Ltd	8,52,960	96.75%	2.77%	0.47%
3	ICICI Bank	5,00,040	93.78%	2.28%	3.94%
4	Bank of Baroda	4,64,914	87.90%	11.75%	0.35%
5	Paytm Payments Bank	4,41,428	87.81%	12.15%	0.05%
6	Kotak Mahindra Bank	3,78,692	95.14%	4.11%	0.75%
7	Punjab National Bank	3,76,932	92.77%	4.57%	2.67%
8	Union Bank of India	3,69,277	93.98%	5.35%	0.66%
9	Axis Bank Ltd	3,65,041	96.56%	3.40%	0.04%
10	Canara Bank	2,96,519	93.07%	6.68%	0.25%
11	Bank of India	2,02,792	94.80%	4.93%	0.28%
12	Indian Bank	1,68,962	95.78%	3.44%	0.78%
13	India Post Payment Bank	1,59,739	79.92%	9.61%	10.47%
14	Federal Bank	1,42,872	98.17%	1.73%	0.10%
15	Central Bank Of India	1,20,225	92.61%	5.96%	1.43%
16	UCO Bank	1,13,054	87.54%	5.87%	6.59%
17	IDBI Bank Limited	92,683	93.75%	4.43%	1.83%
18	Indian Overseas Bank	90,590	69.85%	29.55%	0.61%
19	IndusInd Bank	70,595	92.83%	5.73%	1.45%
20	Bank of Maharashtra	68,204	87.12%	11.52%	1.36%
21	IDFC FIRST Bank	55,577	94.87%	4.65%	0.48%
22	Yes Bank Ltd	49,387	86.42%	13.06%	0.52%
23	Karnataka Bank	46,995	86.77%	4.24%	8.99%
24	Karur Vysya Bank	35,989	91.65%	7.79%	0.56%
25	South Indian Bank	32,778	95.69%	4.16%	0.15%
26	Equitas Small Finance Bank	26,963	97.27%		2.73%
27	Punjab and Sind Bank	25,310	88.78%	7.62%	3.61%
28	DBS Bank Ltd	24,406	97.06%	2.84%	0.10%
29	City Union Bank	22,772	91.25%	7.23%	1.52%
30	Standard Chartered	22,107	99.62%		0.38%
31	Tamilnad Mercantile Bank	16,576	96.18%	3.76%	0.06%
32	Saraswat Bank	13,691	96.28%	3.16%	0.56%
33	Rajasthan Marudhara Gramin Bank	12,742	94.70%	4.30%	1.00%
34	RBL Bank	10,780	88.41%	11.44%	0.15%
35	Kerala Gramin Bank	10,380	93.85%	6.05%	0.10%
36	Andhra Pradesh Grameena Vikas Bank	10,233	93.84%	5.49%	0.66%
37	Fincare Small Finance Bank	9,871	88.31%	6.43%	5.26%
38	HSBC Bank	9,546	98.18%	1.52%	0.30%
39	Andhra Pragathi Grameena Bank	8,962	58.35%	40.57%	1.08%
40	Maharashtra Gramin Bank	8,557	94.13%	5.47%	0.40%
41	Pragathi Krishna Gramin Bank	7,884	82.69%	12.98%	4.34%
42	Cosmos Bank	6,743	89.40%	3.28%	7.33%
43	Jio Payments Bank	6,150	86.42%	11.14%	2.44%
44	NSDL Payments Bank	6,038	91.02%	6.28%	2.70%
45	Catholic Syrian Bank	4,761	95.30%	3.72%	0.99%
46	TJSB Sahakari Bank Ltd	4,620	96.41%	3.23%	0.37%
47	Dhanlaxmi Bank Ltd	4,078	95.66%	3.60%	0.74%
48	Bharat Co-op Bank Mumbai	3,788	80.12%	18.03%	1.85%
49	Karnataka Vikas Grameena Bank	3,430	93.56%	5.31%	1.14%
50	Utkarsh Small Finance Bank	2,595	90.17%	9.09%	0.73%

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'23)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	1,70,25,747	52.09%	45.87%	2.05%
2	HDFC Bank Ltd	54,18,614	70.72%	28.58%	0.70%
3	Paytm Payments Bank	47,77,525	29.59%	70.11%	0.31%
4	Bank of Baroda	42,90,895	45.08%	54.58%	0.34%
5	Kotak Mahindra Bank	38,89,438	40.77%	58.60%	0.63%
6	Punjab National Bank	34,43,017	49.22%	50.07%	0.70%
7	Union Bank of India	34,13,397	46.41%	52.40%	1.18%
8	ICICI Bank	32,30,214	72.55%	27.19%	0.26%
9	Axis Bank Ltd	27,07,267	61.03%	38.56%	0.41%
10	Canara Bank	22,33,355	52.75%	46.68%	0.57%
11	Bank of India	21,51,450	50.96%	48.26%	0.78%
12	India Post Payment Bank	20,81,316	13.83%	79.19%	6.98%
13	Indian Bank	14,43,758	48.04%	50.18%	1.78%
14	Federal Bank	12,74,565	34.38%	64.17%	1.45%
15	Central Bank Of India	12,32,197	41.21%	57.00%	1.79%
16	UCO Bank	8,45,531	21.67%	68.24%	10.08%
17	IndusInd Bank	6,89,292	49.04%	50.29%	0.68%
18	Indian Overseas Bank	6,29,620	42.45%	56.82%	0.73%
19	Bank of Maharashtra	5,73,250	48.31%	50.00%	1.69%
20	IDBI Bank Limited	5,67,646	44.26%	40.38%	15.35%
21	IDFC FIRST Bank	4,32,739	45.14%	53.68%	1.17%
22	Yes Bank Ltd	4,20,726	42.67%	54.77%	2.56%
23	Equitas Small Finance Bank	4,17,153	21.83%	78.08%	0.09%
24	Punjab and Sind Bank	2,34,820	36.28%	50.27%	13.45%
25	Karur Vysya Bank	2,02,669	58.63%	40.72%	0.65%
26	DBS Bank Ltd	1,80,564	48.04%	49.92%	2.04%
27	Karnataka Bank	1,52,386	44.16%	49.96%	5.88%
28	Rajasthan Marudhara Gramin Bank	1,12,936	32.19%	64.04%	3.77%
29	City Union Bank	1,08,442	48.40%	49.81%	1.79%
30	South Indian Bank	99,820	65.95%	33.89%	0.16%
31	Fincare Small Finance Bank Ltd	99,149	21.15%	75.02%	3.83%
32	RBL Bank	75,542	26.74%	23.97%	49.29%
33	Andhra Pradesh Grameena Vikas Bank	69,074	32.72%	62.56%	4.72%
34	Saraswat Bank	58,141	64.63%	34.93%	0.44%
35	HSBC Bank	50,950	76.32%	23.58%	0.10%
36	Utkarsh Small Finance Bank Ltd	50,622	13.36%	85.18%	1.46%
37	NSDL Payments Bank	48,195	13.84%	83.88%	2.28%
38	SBM Bank India Ltd.	41,742	3.56%	6.74%	89.70%
39	Andhra Pragathi Grameena Bank	39,581	31.80%	63.26%	4.94%
40	Pragathi Krishna Gramin Bank	39,130	46.33%	53.26%	0.41%
41	Jio Payments Bank	36,352	22.03%	77.27%	0.70%
42	CSB Bank Ltd	31,359	38.73%	54.62%	6.66%
43	TJSB Sahakari Bank Ltd	30,656	55.26%	44.43%	0.32%
44	Kerala Gramin Bank	25,390	53.95%	45.66%	0.39%
45	Suryoday Small Finance Bank Ltd.	24,540	26.01%	71.10%	2.89%
46	Dhanlaxmi Bank Ltd	22,245	48.61%	50.80%	0.58%
47	Standard Chartered	21,883	46.07%	53.08%	0.85%
48	Tamilnad Mercantile Bank	15,825	89.43%	10.09%	0.47%
49	Janata Sahakari Bank Ltd. Pune	14,797	55.06%	44.66%	0.28%
50	GP Parsik Bank	13,400	55.19%	44.57%	0.24%

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'23)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	25,78,720	93.33%	6.53%	0.14%
2	Paytm Payments Bank	17,89,015	90.27%	9.49%	0.24%
3	Axis Bank Ltd	12,33,844	88.98%	10.81%	0.21%
4	ICICI Bank	10,92,645	90.12%	9.47%	0.41%
5	HDFC Bank Ltd	6,55,370	86.22%	13.36%	0.43%
6	State Bank Of India	5,72,405	82.28%	17.23%	0.49%
7	BHIM	54,860	93.90%	4.55%	1.56%
8	DBS Bank India Limited	1,901	97.58%	1.63%	0.79%
9	Jio Payments Bank	1,576	79.70%	17.20%	3.11%
10	Canara Bank	415	67.71%	30.36%	1.93%
11	Bank of India	280	73.93%	19.29%	6.79%
12	Punjab National Bank	69	21.74%	7.25%	71.01%
13	IndusInd Bank	53	66.04%	3.77%	30.19%
14	Dhanlaxmi Bank Ltd	16	81.25%	12.50%	6.25%

UPI Autopay Registration - Payee PSP Performance (Apr'23)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	ICICI Bank	20,94,928	100.00%	0.00%	0.00%
2	Yes Bank Ltd	19,93,787	100.00%	0.00%	0.00%
3	Axis Bank Ltd	19,12,395	100.00%	0.00%	0.00%
4	HDFC Bank Ltd	13,86,128	100.00%	0.00%	0.00%
5	Paytm Payments Bank	11,12,692	100.00%	0.00%	0.00%
6	IndusInd Bank	23,510	100.00%	0.00%	0.00%
7	HSBC Bank	796	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 (Apr'23)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	1,32,40,776	98.63%	1.37%	0.00%
2	Paytm Payments Bank	93,92,347	98.40%	1.47%	0.13%
3	Axis Bank Ltd	38,40,953	98.45%	1.54%	0.01%
4	ICICI Bank	33,80,564	97.81%	2.19%	0.00%
5	HDFC Bank Ltd	16,33,435	90.23%	9.76%	0.00%
6	State Bank Of India	6,25,603	90.18%	9.77%	0.05%
7	BHIM	3,53,979	85.49%	14.40%	0.11%
8	Jio Payments Bank	10,065	10.54%	46.23%	43.23%
9	DBS Bank India Limited	6,910	57.34%	42.66%	0.00%
10	Bank of India	853	54.28%	45.72%	0.00%
11	Canara Bank	714	99.58%	0.42%	0.00%
12	IndusInd Bank	93	78.49%	21.51%	0.00%
13	Dhanlaxmi Bank Ltd	38	100.00%	0.00%	0.00%
14	Punjab National Bank	18	100.00%	0.00%	0.00%

UPI Autopay Execution - Payee PSP Performance (Apr'23)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	3,16,29,245	100.00%	0.00%	0.00%
2	Paytm Payments Bank	1,96,52,567	100.00%	0.00%	0.00%
3	HDFC Bank Ltd	62,36,453	100.00%	0.00%	0.00%
4	ICICI Bank	54,78,420	100.00%	0.00%	0.00%
5	Axis Bank Ltd	31,84,926	100.00%	0.00%	0.00%
6	IndusInd Bank	50,254	100.00%	0.00%	0.00%
7	HSBC Bank	20,791	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.

AutoPay Banks Performance (Mar'23)

AutoPay Remitter Banks - Mandate Registration (Mar'23)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	2,097,950	95.19%	3.79%	1.02%
2	HDFC Bank Ltd	893,456	97.01%	2.80%	0.20%
3	Bank of Baroda	522,657	87.59%	11.27%	1.13%
4	ICICI Bank	514,870	93.36%	2.36%	4.28%
5	Paytm Payments Bank	488,926	87.91%	11.95%	0.14%
6	Union Bank of India	412,098	94.12%	5.53%	0.35%
7	Punjab National Bank	411,150	95.49%	4.32%	0.18%
8	Kotak Mahindra Bank	407,341	95.01%	3.98%	1.01%
9	Axis Bank Ltd	391,781	96.47%	3.36%	0.17%
10	Canara Bank	324,166	92.71%	6.38%	0.91%
11	Bank of India	230,656	95.07%	4.67%	0.26%
12	Indian Bank	192,638	93.90%	3.20%	2.90%
13	India Post Payment Bank	170,612	85.42%	9.49%	5.09%
14	Federal Bank	142,943	97.84%	1.85%	0.31%
15	Central Bank Of India	132,261	94.21%	5.55%	0.23%
16	UCO Bank	118,103	93.23%	5.00%	1.77%
17	Indian Overseas Bank	98,432	71.22%	28.52%	0.26%
18	IDBI Bank Limited	89,286	94.81%	3.38%	1.81%
19	Bank of Maharashtra	75,394	87.73%	9.93%	2.34%
20	IndusInd Bank	75,070	92.66%	5.85%	1.49%
21	IDFC FIRST Bank	59,935	93.80%	5.34%	0.86%
22	Yes Bank Ltd	57,214	89.60%	9.83%	0.56%
23	Karur Vysya Bank	39,998	91.15%	8.21%	0.64%
24	Karnataka Bank	39,988	89.31%	3.58%	7.11%
25	South Indian Bank	33,126	96.00%	3.87%	0.12%
26	Equitas Small Finance Bank	30,976	96.88%	0.00%	3.12%
27	DBS Bank Ltd	25,889	96.89%	2.90%	0.21%
28	City Union Bank	24,670	90.09%	8.14%	1.76%
29	Punjab and Sind Bank	23,800	91.33%	8.56%	0.11%
30	Tamilnad Mercantile Bank	21,614	44.36%	2.66%	52.98%
31	Rajasthan Marudhara Gramin Bank	14,867	95.22%	4.14%	0.63%
32	Saraswat Bank	12,155	97.04%	2.90%	0.06%
33	Andhra Pradesh Grameena Vikas Bank	12,031	94.37%	4.99%	0.64%
34	RBL Bank	11,381	87.70%	11.91%	0.40%
35	Pragathi Krishna Gramin Bank	11,037	66.37%	9.89%	23.74%
36	Fincare Small Finance Bank	10,709	88.78%	6.80%	4.43%
37	Maharashtra Gramin Bank	10,581	95.40%	4.31%	0.29%
38	HSBC Bank	9,200	98.01%	1.51%	0.48%
39	Kerala Gramin Bank	8,354	94.39%	5.24%	0.37%
40	Andhra Pragathi Grameena Bank	8,312	95.15%	4.70%	0.14%
41	Cosmos Bank	8,041	86.98%	3.54%	9.48%
42	Jio Payments Bank	5,689	93.51%	6.19%	0.30%
43	TJSB Sahakari Bank Ltd	4,995	96.42%	3.44%	0.14%
44	Catholic Syrian Bank	4,992	94.47%	4.73%	0.80%
45	NSDL Payments Bank	4,675	90.91%	5.63%	3.47%
46	Karnataka Vikas Grameena Bank	4,334	95.75%	3.85%	0.39%
47	Dhanlaxmi Bank Ltd	3,888	94.42%	4.01%	1.57%
48	Bharat Co-op Bank Mumbai	3,671	81.20%	17.52%	1.28%
49	Utkarsh Small Finance Bank	2,997	89.06%	9.34%	1.60%
50	State Bank of Mauritius	2,481	95.41%	3.83%	0.77%

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'23)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	16,808,212	49.66%	45.33%	5.01%
2	HDFC Bank Ltd	5,176,972	70.80%	28.66%	0.54%
3	Paytm Payments Bank	4,708,827	28.79%	70.17%	1.04%
4	Bank of Baroda	4,164,363	44.90%	54.39%	0.71%
5	Kotak Mahindra Bank	4,017,423	35.04%	64.27%	0.69%
6	Union Bank of India	3,288,792	46.45%	52.68%	0.87%
7	Punjab National Bank	3,285,471	50.44%	49.39%	0.17%
8	ICICI Bank	3,098,813	72.53%	26.70%	0.77%
9	Axis Bank Ltd	2,573,662	62.05%	37.47%	0.47%
10	Canara Bank	2,156,288	52.64%	46.73%	0.63%
11	Bank of India	2,144,069	51.97%	47.30%	0.73%
12	India Post Payment Bank	1,852,486	18.82%	78.44%	2.74%
13	Indian Bank	1,355,726	48.65%	49.66%	1.69%
14	Central Bank Of India	1,201,035	40.86%	57.51%	1.63%
15	Federal Bank	1,189,957	33.75%	65.62%	0.63%
16	UCO Bank	753,473	25.05%	65.92%	9.03%
17	IndusInd Bank	657,354	48.46%	50.17%	1.36%
18	Indian Overseas Bank	631,069	40.27%	57.48%	2.25%
19	Bank of Maharashtra	588,349	44.21%	50.37%	5.42%
20	IDBI Bank Limited	493,044	44.37%	36.52%	19.11%
21	Yes Bank Ltd	469,162	34.32%	37.29%	28.39%
22	Equitas Small Finance Bank	431,314	21.26%	78.29%	0.46%
23	IDFC FIRST Bank	425,545	44.34%	53.68%	1.98%
24	Punjab and Sind Bank	215,559	40.44%	58.67%	0.89%
25	Karur Vysya Bank	196,258	59.12%	39.71%	1.17%
26	DBS Bank Ltd	175,529	48.10%	49.34%	2.56%
27	Rajasthan Marudhara Gramin Bank	109,734	34.27%	61.36%	4.37%
28	City Union Bank	100,270	49.48%	48.10%	2.42%
29	South Indian Bank	90,632	64.33%	35.06%	0.61%
30	Karnataka Bank	90,599	55.42%	40.65%	3.93%
31	RBL Bank	69,612	27.16%	22.02%	50.82%
32	Utkarsh Small Finance Bank Ltd	56,209	8.53%	37.88%	53.59%
33	Saraswat Bank	49,425	65.62%	34.02%	0.36%
34	HSBC Bank	48,319	74.90%	23.56%	1.54%
35	NSDL Payments Bank	45,853	11.31%	87.59%	1.09%
36	Andhra Pragathi Grameena Bank	42,162	32.85%	62.46%	4.68%
37	SBM Bank India Ltd.	40,212	4.90%	6.37%	88.73%
38	Andhra Pradesh Grameena Vikas Bank	40,131	40.86%	53.80%	5.35%
39	Pragathi Krishna Gramin Bank	34,732	42.98%	54.21%	2.81%
40	CSB Bank Ltd	31,357	36.12%	55.90%	7.98%
41	Jio Payments Bank	31,325	25.93%	73.77%	0.31%
42	TJSB Sahakari Bank Ltd	27,601	55.66%	43.90%	0.44%
43	Suryoday Small Finance Bank Ltd.	22,140	26.44%	71.56%	2.00%
44	Kerala Gramin Bank	21,833	51.77%	46.54%	1.69%
45	Dhanlaxmi Bank Ltd	21,813	46.50%	52.58%	0.91%
46	North East Small Finance Bank Ltd	14,690	12.95%	86.31%	0.74%
47	Janata Sahakari Bank Ltd. Pune	14,101	54.13%	45.37%	0.50%
48	GP Parsik Bank	12,557	56.37%	43.12%	0.50%
49	Apna Sahakari Bank Ltd.	11,779	50.39%	49.15%	0.46%
50	Maharashtra Gramin Bank	11,429	66.66%	30.59%	2.75%

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'23)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	3,044,517	93.11%	6.48%	0.41%
2	Paytm Payments Bank	1,923,074	89.64%	9.88%	0.48%
3	Axis Bank Ltd	1,351,936	88.56%	10.69%	0.75%
4	ICICI Bank	1,189,483	89.25%	9.87%	0.87%
5	HDFC Bank Ltd	673,350	84.37%	13.88%	1.75%
6	State Bank Of India	384,102	82.11%	16.39%	1.51%
7	BHIM	68,626	89.03%	4.40%	6.57%
8	DBS Bank India Limited	2,174	96.04%	3.13%	0.83%
9	Jio Payments Bank	1,501	80.01%	16.26%	3.73%
10	Canara Bank	486	64.61%	26.95%	8.44%
11	Bank of India	283	79.51%	16.96%	3.53%
12	IndusInd Bank	54	37.04%	1.85%	61.11%
13	Dhanlaxmi Bank Ltd	27	88.89%	3.70%	7.41%
14	Punjab National Bank	15	73.33%	0.00%	26.67%

UPI Autopay Registration - Payee PSP Performance (Mar'23)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	2,460,273	100.00%	0.00%	0.00%
2	Axis Bank Ltd	2,046,478	100.00%	0.00%	0.00%
3	ICICI Bank	1,977,754	100.00%	0.00%	0.00%
4	HDFC Bank Ltd	1,583,083	100.00%	0.00%	0.00%
5	Paytm Payments Bank	1,128,147	100.00%	0.00%	0.00%
6	IndusInd Bank	13,595	100.00%	0.00%	0.00%
7	HSBC Bank	903	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'23)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	24,149,272	99.15%	0.85%	0.01%
2	Paytm Payments Bank	22,630,237	99.49%	0.48%	0.04%
3	Axis Bank Ltd	7,584,237	99.20%	0.73%	0.07%
4	ICICI Bank	6,634,601	98.98%	1.02%	0.00%
5	HDFC Bank Ltd	1,971,093	91.98%	7.92%	0.10%
6	BHIM	484,756	97.10%	2.84%	0.06%
7	State Bank Of India	383,036	80.25%	19.74%	0.02%
8	Jio Payments Bank	7,152	13.98%	22.96%	63.06%
9	DBS Bank India Limited	6,409	63.83%	36.07%	0.09%
10	Bank of India	992	59.98%	40.02%	0.00%
11	Canara Bank	985	99.59%	0.41%	0.00%
12	IndusInd Bank	111	77.48%	21.62%	0.90%
13	Dhanlaxmi Bank Ltd	46	97.83%	2.17%	0.00%
14	Punjab National Bank	13	100.00%	0.00%	0.00%

UPI Autopay Execution - Payee PSP Performance (Mar'23)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	30,077,555	99.97%	0.00%	0.03%
2	Paytm Payments Bank	19,737,501	99.98%	0.01%	0.01%
3	HDFC Bank Ltd	6,375,299	99.78%	0.08%	0.14%
4	ICICI Bank	4,537,252	99.41%	0.02%	0.57%
5	Axis Bank Ltd	3,069,218	99.81%	0.09%	0.10%
6	IndusInd Bank	38,939	99.98%	0.00%	0.02%
7	HSBC Bank	22,070	99.93%	0.00%	0.07%

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'23)

AutoPay Remitter Banks - Mandate Registration (Feb'23)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	1,723,274	93.56%	4.47%	1.97%
2	HDFC Bank Ltd	761,143	96.78%	3.11%	0.11%
3	Bank of Baroda	450,616	86.68%	11.70%	1.62%
4	ICICI Bank	436,526	94.31%	2.65%	3.03%
5	Paytm Payments Bank	428,110	87.63%	12.32%	0.06%
6	Kotak Mahindra Bank	407,295	95.53%	3.91%	0.55%
7	Union Bank of India	352,580	93.22%	6.03%	0.74%
8	Punjab National Bank	349,515	94.06%	5.80%	0.15%
9	Axis Bank Ltd	336,794	96.13%	3.54%	0.33%
10	Canara Bank	275,863	92.48%	6.73%	0.79%
11	Bank of India	199,678	94.23%	5.25%	0.52%
12	India Post Payment Bank	176,893	79.11%	10.02%	10.88%
13	Indian Bank	165,222	92.52%	3.54%	3.94%
14	Federal Bank	129,138	97.45%	2.06%	0.49%
15	Central Bank Of India	114,805	92.51%	6.19%	1.30%
16	UCO Bank	91,783	88.61%	5.60%	5.79%
17	Indian Overseas Bank	83,051	69.64%	30.04%	0.31%
18	Bank of Maharashtra	65,498	89.68%	9.54%	0.78%
19	IndusInd Bank	62,483	93.52%	6.28%	0.19%
20	IDFC FIRST Bank	53,151	93.26%	5.17%	1.58%
21	Yes Bank Ltd	50,708	89.05%	10.44%	0.51%
22	IDBI Bank Limited	45,827	96.22%	2.77%	1.01%
23	Karur Vysya Bank	33,663	89.62%	9.05%	1.32%
24	Equitas Small Finance Bank	29,057	97.24%	0.00%	2.76%
25	DBS Bank Ltd	22,803	96.75%	3.03%	0.21%
26	South Indian Bank	22,639	96.08%	3.37%	0.56%
27	Punjab and Sind Bank	20,900	89.09%	10.77%	0.14%
28	City Union Bank	20,781	92.37%	5.59%	2.04%
29	Karnataka Bank	17,010	86.26%	2.65%	11.09%
30	Rajasthan Marudhara Gramin Bank	11,610	94.44%	4.96%	0.59%
31	Andhra Pradesh Grameena Vikas Bank	10,645	92.95%	6.26%	0.80%
32	Maharashtra Gramin Bank	9,825	95.09%	4.65%	0.25%
33	Fincare Small Finance Bank	9,082	88.93%	6.64%	4.43%
34	Pragathi Krishna Gramin Bank	8,329	83.85%	15.49%	0.66%
35	HSBC Bank	7,788	97.30%	1.45%	1.25%
36	Saraswat Bank	7,424	97.39%	2.42%	0.19%
37	RBL Bank	6,772	91.86%	8.05%	0.09%
38	Andhra Pragathi Grameena Bank	6,652	93.69%	5.58%	0.74%
39	Jio Payments Bank	4,894	93.89%	5.15%	0.96%
40	Kerala Gramin Bank	4,627	95.79%	4.13%	0.09%
41	TJSB Sahakari Bank Ltd	4,433	95.13%	4.02%	0.86%
42	Karnataka Vikas Grameena Bank	3,915	95.02%	4.67%	0.31%
43	Catholic Syrian Bank	3,892	95.30%	4.21%	0.49%
44	Cosmos Bank	3,888	76.77%	2.16%	21.06%
45	Dhanlaxmi Bank Ltd	3,425	94.42%	4.88%	0.70%
46	Bharat Co-op Bank Mumbai	3,242	80.41%	17.46%	2.13%
47	Utkarsh Small Finance Bank	2,722	89.31%	10.07%	0.62%
48	NSDL Payments Bank	2,302	88.84%	3.91%	7.25%
49	State Bank of Mauritius	2,166	89.43%	4.94%	5.63%
50	Suryoday Small Finance Bank Ltd.	2,056	92.75%	5.93%	1.31%

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'23)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	13,453,144	52.16%	43.06%	4.79%
2	HDFC Bank Ltd	4,224,389	73.59%	26.14%	0.27%
3	Bank of Baroda	3,326,144	47.99%	51.26%	0.75%
4	Paytm Payments Bank	3,288,489	34.58%	65.20%	0.22%
5	Kotak Mahindra Bank	2,998,808	40.31%	55.24%	4.45%
6	Union Bank of India	2,679,494	48.32%	50.41%	1.27%
7	Punjab National Bank	2,653,303	51.70%	48.09%	0.21%
8	ICICI Bank	2,563,804	74.96%	24.83%	0.21%
9	Axis Bank Ltd	2,106,326	64.32%	35.22%	0.46%
10	Canara Bank	1,766,054	55.21%	44.10%	0.69%
11	Bank of India	1,750,798	54.27%	45.35%	0.38%
12	India Post Payment Bank	1,476,931	16.21%	67.62%	16.17%
13	Indian Bank	1,052,007	52.10%	46.44%	1.45%
14	Central Bank Of India	942,998	43.29%	55.21%	1.51%
15	Federal Bank	890,503	35.91%	63.58%	0.51%
16	Indian Overseas Bank	502,189	42.56%	57.00%	0.44%
17	IndusInd Bank	501,163	52.64%	46.87%	0.49%
18	UCO Bank	494,232	36.17%	62.98%	0.84%
19	Bank of Maharashtra	471,088	49.08%	50.35%	0.57%
20	Yes Bank Ltd	380,156	32.47%	28.49%	39.04%
21	Equitas Small Finance Bank	348,696	20.86%	79.08%	0.06%
22	IDFC FIRST Bank	319,298	47.29%	49.07%	3.64%
23	IDBI Bank Limited	315,110	49.02%	37.70%	13.27%
24	Punjab and Sind Bank	166,924	43.27%	56.28%	0.46%
25	Karur Vysya Bank	161,126	61.17%	37.89%	0.94%
26	DBS Bank Ltd	136,195	51.15%	46.46%	2.39%
27	City Union Bank	74,820	51.59%	45.11%	3.31%
28	South Indian Bank	60,990	59.80%	39.75%	0.45%
29	Rajasthan Marudhara Gramin Bank	42,150	48.03%	47.92%	4.05%
30	HSBC Bank	39,416	75.62%	21.68%	2.70%
31	RBL Bank	39,405	33.47%	23.88%	42.65%
32	Saraswat Bank	33,643	69.51%	30.28%	0.21%
33	Karnataka Bank	33,020	66.10%	30.53%	3.37%
34	Andhra Pragathi Grameena Bank	32,610	35.80%	59.55%	4.65%
35	NSDL Payments Bank	27,751	10.52%	88.44%	1.04%
36	CSB Bank Ltd	22,728	39.68%	53.59%	6.73%
37	Pragathi Krishna Gramin Bank	22,340	53.21%	45.31%	1.47%
38	Jio Payments Bank	21,786	29.40%	70.42%	0.18%
39	TJSB Sahakari Bank Ltd	20,603	59.06%	40.45%	0.50%
40	Dhanlaxmi Bank Ltd	16,789	51.42%	47.79%	0.79%
41	Suryoday Small Finance Bank Ltd.	14,619	33.46%	65.19%	1.35%
42	Kerala Gramin Bank	14,437	55.10%	44.23%	0.67%
43	Utkarsh Small Finance Bank Ltd	11,892	15.86%	7.19%	76.95%
44	Janata Sahakari Bank Ltd. Pune	10,743	60.83%	38.62%	0.55%
45	Andhra Pradesh Grameena Vikas Bank	10,359	65.23%	29.01%	5.76%
46	Maharashtra Gramin Bank	9,764	65.60%	33.07%	1.33%
47	GP Parsik Bank	8,828	60.32%	39.16%	0.52%
48	Fincare Small Finance Bank Ltd	8,416	59.48%	33.94%	6.58%
49	Apna Sahakari Bank Ltd.	8,262	60.88%	39.03%	0.08%
50	North East Small Finance Bank Ltd	8,021	18.02%	81.46%	0.52%

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'23)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	2,597,762	93.04%	6.50%	0.46%
2	Paytm Payments Bank	1,763,744	90.33%	9.39%	0.27%
3	Axis Bank Ltd	1,172,652	88.99%	10.64%	0.36%
4	ICICI Bank	1,030,408	88.97%	10.32%	0.72%
5	HDFC Bank Ltd	586,114	85.25%	14.13%	0.61%
6	BHIM	62,918	86.09%	5.05%	8.86%
7	State Bank Of India	8,424	77.83%	11.18%	10.99%
8	DBS Bank India Limited	1,947	95.79%	1.85%	2.36%
9	Jio Payments Bank	1,193	77.37%	19.70%	2.93%
10	Canara Bank	487	67.76%	28.54%	3.70%
11	Bank of India	257	71.98%	21.79%	6.23%
12	IndusInd Bank	41	75.61%	14.63%	9.76%
13	Dhanlaxmi Bank Ltd	15	73.33%	20.00%	6.67%

UPI Autopay Registration - Payee PSP Performance (Feb'23)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	2,263,399	100.00%	0.00%	0.00%
2	ICICI Bank	1,681,461	100.00%	0.00%	0.00%
3	Axis Bank Ltd	1,526,342	100.00%	0.00%	0.00%
4	HDFC Bank Ltd	1,240,688	100.00%	0.00%	0.00%
5	Paytm Payments Bank	1,071,727	100.00%	0.00%	0.00%
6	IndusInd Bank	13,466	100.00%	0.00%	0.00%
7	HSBC Bank	996	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'23)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	19,982,340	99.52%	0.47%	0.00%
2	Paytm Payments Bank	16,949,084	99.91%	0.09%	0.00%
3	Axis Bank Ltd	6,112,145	97.82%	2.17%	0.01%
4	ICICI Bank	5,295,943	98.98%	1.02%	0.00%
5	HDFC Bank Ltd	1,538,095	94.57%	5.43%	0.00%
6	BHIM	414,816	98.09%	1.68%	0.23%
7	DBS Bank India Limited	4,767	76.34%	23.66%	0.00%
8	State Bank Of India	7,070	95.94%	3.89%	0.17%
9	Jio Payments Bank	1,992	79.27%	3.56%	17.17%
10	Canara Bank	753	98.94%	1.06%	0.00%
11	Bank of India	665	53.98%	46.02%	0.00%
12	IndusInd Bank	81	93.83%	2.47%	3.70%
13	Dhanlaxmi Bank Ltd	33	100.00%	0.00%	0.00%

UPI Autopay Execution - Payee PSP Performance (Feb'23)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	24,853,898	100.00%	0.00%	0.00%
2	Paytm Payments Bank	14,199,540	100.00%	0.00%	0.00%
3	HDFC Bank Ltd	5,636,295	100.00%	0.00%	0.00%
4	ICICI Bank	3,264,755	100.00%	0.00%	0.00%
5	Axis Bank Ltd	2,304,625	100.00%	0.00%	0.00%
6	IndusInd Bank	32,213	100.00%	0.00%	0.00%
7	HSBC Bank	19,824	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.

AutoPay Banks Performance (Jan'23)

AutoPay Remitter Banks - Mandate Registration (Jan'23)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	1,920,339	90.02%	8.71%	1.27%
2	HDFC Bank Ltd	769,645	96.24%	3.62%	0.14%
3	Bank of Baroda	530,173	78.46%	11.43%	10.10%
4	Paytm Payments Bank	450,765	87.14%	12.83%	0.03%
5	ICICI Bank	432,574	95.87%	3.08%	1.05%
6	Punjab National Bank	404,866	87.37%	5.24%	7.39%
7	Union Bank of India	393,201	93.01%	6.66%	0.33%
8	Axis Bank Ltd	370,079	95.94%	3.79%	0.27%
9	Kotak Mahindra Bank	355,789	94.45%	4.63%	0.92%
10	Canara Bank	294,478	91.89%	7.28%	0.83%
11	Bank of India	221,466	93.89%	5.87%	0.23%
12	Indian Bank	174,280	94.39%	4.01%	1.60%
13	Central Bank Of India	152,026	69.08%	30.63%	0.28%
14	India Post Payment Bank	119,907	87.48%	9.26%	3.26%
15	Federal Bank	119,135	97.34%	2.62%	0.04%
16	UCO Bank	115,310	90.57%	5.00%	4.43%
17	Indian Overseas Bank	87,173	66.92%	32.82%	0.26%
18	Bank of Maharashtra	71,989	89.54%	9.82%	0.64%
19	IndusInd Bank	66,434	92.62%	7.19%	0.19%
20	IDFC FIRST Bank	56,236	94.07%	5.44%	0.49%
21	Yes Bank Ltd	53,809	87.68%	11.93%	0.38%
22	IDBI Bank Limited	46,468	95.29%	3.20%	1.51%
23	Karur Vysya Bank	34,635	89.16%	9.81%	1.03%
24	Equitas Small Finance Bank	30,162	99.94%	0.00%	0.06%
25	Punjab and Sind Bank	24,143	82.45%	17.50%	0.05%
26	DBS Bank Ltd	22,754	96.23%	3.68%	0.08%
27	South Indian Bank	21,463	96.11%	3.79%	0.10%
28	City Union Bank	20,610	92.48%	5.99%	1.53%
29	Karnataka Bank	14,079	86.75%	3.45%	9.79%
30	Rajasthan Marudhara Gramin Bank	14,017	94.29%	5.24%	0.47%
31	Maharashtra Gramin Bank	12,936	94.70%	5.23%	0.06%
32	Andhra Pradesh Grameena Vikas Bank	12,769	93.73%	6.05%	0.22%
33	Pragathi Krishna Gramin Bank	10,878	81.48%	18.24%	0.28%
34	Fincare Small Finance Bank	10,181	87.62%	7.77%	4.61%
35	HSBC Bank	9,056	72.36%	26.29%	1.35%
36	Andhra Pragathi Grameena Bank	8,169	94.38%	5.51%	0.11%
37	Saraswat Bank	7,234	97.03%	2.54%	0.43%
38	RBL Bank	6,987	89.01%	9.72%	1.27%
39	TJSB Sahakari Bank Ltd	4,787	95.22%	4.24%	0.54%
40	Kerala Gramin Bank	4,554	94.73%	5.16%	0.11%
41	Karnataka Vikas Grameena Bank	4,422	94.71%	5.18%	0.11%
42	Jio Payments Bank	4,341	92.38%	6.80%	0.83%
43	Catholic Syrian Bank	3,850	94.96%	4.44%	0.60%
44	Cosmos Bank	3,708	88.51%	3.24%	8.25%
45	Dhanlaxmi Bank Ltd	3,431	95.07%	4.66%	0.26%
46	Utkarsh Small Finance Bank	3,254	90.01%	9.56%	0.43%
47	Bharat Co-op Bank Mumbai	3,172	79.13%	18.00%	2.87%
48	Suryoday Small Finance Bank Ltd.	2,497	94.11%	5.61%	0.28%
49	State Bank of Mauritius	2,190	91.10%	4.98%	3.93%
50	GP Parsik Bank	2,122	93.83%	5.80%	0.38%

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'23)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	13,875,193	54.56%	43.55%	1.89%
2	HDFC Bank Ltd	4,378,147	73.70%	26.06%	0.24%
3	Bank of Baroda	3,498,657	46.67%	51.77%	1.56%
4	Paytm Payments Bank	3,210,311	36.73%	63.16%	0.11%
5	Kotak Mahindra Bank	2,949,222	44.30%	54.89%	0.81%
6	Punjab National Bank	2,795,040	50.76%	48.30%	0.94%
7	Union Bank of India	2,785,211	48.69%	50.70%	0.61%
8	ICICI Bank	2,682,182	74.36%	24.86%	0.78%
9	Axis Bank Ltd	2,390,923	56.25%	43.48%	0.27%
10	Bank of India	1,850,461	53.69%	45.59%	0.72%
11	Canara Bank	1,841,478	53.31%	46.28%	0.42%
12	India Post Payment Bank	1,245,274	20.68%	74.79%	4.52%
13	Indian Bank	1,101,779	51.54%	46.99%	1.46%
14	Central Bank Of India	973,964	43.27%	55.21%	1.53%
15	Federal Bank	846,794	40.75%	59.17%	0.08%
16	Indian Overseas Bank	519,915	41.50%	58.01%	0.48%
17	UCO Bank	504,087	32.21%	60.38%	7.41%
18	IndusInd Bank	502,031	53.68%	45.85%	0.47%
19	Bank of Maharashtra	469,696	50.94%	48.26%	0.80%
20	Yes Bank Ltd	392,361	33.51%	26.92%	39.57%
21	Equitas Small Finance Bank	348,828	22.25%	77.05%	0.70%
22	IDFC FIRST Bank	334,072	49.19%	48.99%	1.82%
23	IDBI Bank Limited	330,640	47.93%	37.87%	14.20%
24	Punjab and Sind Bank	171,338	43.04%	56.22%	0.75%
25	Karur Vysya Bank	164,719	61.57%	37.65%	0.79%
26	DBS Bank Ltd	143,224	47.33%	50.47%	2.20%
27	City Union Bank	73,150	46.31%	51.63%	2.06%
28	South Indian Bank	59,915	46.35%	53.50%	0.15%
29	RBL Bank	40,861	28.58%	20.34%	51.08%
30	HSBC Bank	38,755	76.73%	20.36%	2.91%
31	Saraswat Bank	32,679	69.68%	30.05%	0.27%
32	Andhra Pragathi Grameena Bank	32,576	39.02%	58.65%	2.33%
33	NSDL Payments Bank	28,287	11.14%	87.41%	1.45%
34	CSB Bank Ltd	20,454	42.17%	50.59%	7.24%
35	Pragathi Krishna Gramin Bank	19,801	56.56%	42.74%	0.70%
36	TJSB Sahakari Bank Ltd	19,386	58.76%	40.88%	0.36%
37	Jio Payments Bank	18,800	28.90%	71.02%	0.08%
38	Karnataka Bank	16,918	78.38%	20.03%	1.59%
39	Dhanlaxmi Bank Ltd	15,496	52.37%	47.03%	0.59%
40	Rajasthan Marudhara Gramin Bank	13,961	62.45%	34.49%	3.07%
41	Kerala Gramin Bank	13,876	56.63%	42.22%	1.15%
42	SBM Bank India Ltd.	13,593	11.23%	6.63%	82.14%
43	Maharashtra Gramin Bank	12,888	66.53%	30.51%	2.96%
44	Andhra Pradesh Grameena Vikas Bank	12,528	69.44%	27.51%	3.05%
45	Janata Sahakari Bank Ltd. Pune	10,751	60.65%	39.08%	0.26%
46	Fincare Small Finance Bank Ltd	9,668	57.89%	39.32%	2.79%
47	GP Parsik Bank	8,229	60.74%	38.75%	0.51%
48	Apna Sahakari Bank Ltd.	8,197	60.99%	38.97%	0.05%
49	North East Small Finance Bank Ltd	6,425	22.32%	77.23%	0.45%
50	Chatisgarh R G Bank	5,658	70.13%	27.96%	1.91%

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'23)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	3,174,198	94.28%	5.55%	0.17%
2	Paytm Payments Bank	1,950,406	90.77%	9.07%	0.16%
3	Axis Bank Ltd	1,324,570	90.30%	9.16%	0.54%
4	ICICI Bank	1,118,463	91.03%	8.64%	0.33%
5	HDFC Bank Ltd	572,919	85.01%	14.20%	0.78%
6	BHIM	67,066	94.34%	4.45%	1.21%
7	State Bank Of India	3,611	62.50%	10.69%	26.81%
8	DBS Bank India Limited	1,783	95.63%	1.74%	2.64%
9	Jio Payments Bank	1,086	75.51%	20.90%	3.59%
10	Canara Bank	593	78.58%	19.22%	2.19%
11	Bank of India	276	86.59%	9.06%	4.35%
12	IndusInd Bank	42	80.95%	16.67%	2.38%
13	Dhanlaxmi Bank Ltd	17	94.12%	5.88%	0.00%

UPI Autopay Registration - Payee PSP Performance (Jan'23)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	2,694,211	100.00%	0.00%	0.00%
2	Axis Bank Ltd	1,515,263	100.00%	0.00%	0.00%
3	HDFC Bank Ltd	1,452,764	100.00%	0.00%	0.00%
4	ICICI Bank	1,410,114	100.00%	0.00%	0.00%
5	Paytm Payments Bank	1,127,064	100.00%	0.00%	0.00%
6	IndusInd Bank	17,822	100.00%	0.00%	0.00%
7	HSBC Bank	1,602	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'23)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	20,726,044	99.54%	0.46%	0.00%
2	Paytm Payments Bank	17,730,033	99.91%	0.09%	0.00%
3	Axis Bank Ltd	6,129,187	97.82%	2.17%	0.01%
4	ICICI Bank	5,126,624	98.95%	1.05%	0.00%
5	HDFC Bank Ltd	1,471,400	94.33%	5.67%	0.00%
6	BHIM	435,494	98.18%	1.60%	0.22%
7	DBS Bank India Limited	4,195	73.11%	26.89%	0.00%
8	State Bank Of India	2,155	86.68%	12.76%	0.56%
9	Jio Payments Bank	1145	63.93%	6.20%	29.87%
10	Canara Bank	1123	99.29%	0.71%	0.00%
11	Bank of India	748	59.09%	40.91%	0.00%
12	IndusInd Bank	72	93.06%	2.78%	4.17%
13	Dhanlaxmi Bank Ltd	33	100.00%	0.00%	0.00%

UPI Autopay Execution - Payee PSP Performance (Jan'23)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	25,873,796	100.00%	0.00%	0.00%
2	Paytm Payments Bank	14,756,401	100.00%	0.00%	0.00%
3	HDFC Bank Ltd	5,555,914	100.00%	0.00%	0.00%
4	ICICI Bank	3,284,270	100.00%	0.00%	0.00%
5	Axis Bank Ltd	2,111,916	100.00%	0.00%	0.00%
6	IndusInd Bank	28,456	100.00%	0.00%	0.00%
7	HSBC Bank	20,041	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.

AutoPay Banks Performance (Dec'22)

AutoPay Remitter Banks - Mandate Registration (Dec'22)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	1,650,117	94.33%	5.30%	0.37%
2	HDFC Bank Ltd	724,095	96.10%	3.57%	0.33%
3	Bank of Baroda	484,757	74.82%	10.51%	14.67%
4	Paytm Payments Bank	451,972	88.19%	11.72%	0.08%
5	ICICI Bank	426,385	96.16%	3.29%	0.55%
6	Union Bank of India	348,724	92.17%	7.02%	0.80%
7	Kotak Mahindra Bank	335,259	94.59%	4.66%	0.75%
8	Punjab National Bank	333,628	91.43%	5.23%	3.34%
9	Axis Bank Ltd	322,033	93.35%	3.98%	2.67%
10	Canara Bank	274,122	91.75%	7.63%	0.62%
11	Bank of India	197,159	93.54%	6.23%	0.23%
12	India Post Payment Bank	172,033	81.85%	10.99%	7.17%
13	Indian Bank	157,059	94.72%	4.22%	1.06%
14	Central Bank Of India	136,963	63.75%	36.09%	0.16%
15	Federal Bank	121,493	97.01%	2.21%	0.78%
16	UCO Bank	88,063	90.47%	5.65%	3.88%
17	Indian Overseas Bank	85,071	65.67%	33.25%	1.08%
18	Bank of Maharashtra	67,787	87.81%	8.82%	3.37%
19	IndusInd Bank	57,602	91.90%	7.48%	0.63%
20	IDFC FIRST Bank	50,793	93.90%	5.44%	0.66%
21	IDBI Bank Limited	44,148	92.61%	2.92%	4.47%
22	Yes Bank Ltd	43,759	86.12%	13.79%	0.09%
23	Karur Vysya Bank	33,832	88.45%	9.93%	1.63%
24	Equitas Small Finance Bank	29,223	99.77%	0.00%	0.23%
25	DBS Bank Ltd	22,604	96.31%	3.53%	0.16%
26	Punjab and Sind Bank	20,851	91.25%	8.46%	0.29%
27	City Union Bank	20,416	91.67%	6.22%	2.10%
28	South Indian Bank	19,912	96.27%	3.46%	0.26%
29	Andhra Pradesh Grameena Vikas Bank	13,252	91.73%	6.55%	1.73%
30	Rajasthan Marudhara Gramin Bank	12,047	91.94%	6.14%	1.92%
31	Pragathi Krishna Gramin Bank	10,871	10.57%	1.88%	87.55%
32	Maharashtra Gramin Bank	10,055	93.19%	5.81%	1.00%
33	HSBC Bank	9,676	66.66%	32.93%	0.41%
34	Fincare Small Finance Bank	8,119	88.43%	7.51%	4.06%
35	Andhra Pragathi Grameena Bank	7,290	92.53%	6.52%	0.95%
36	Saraswat Bank	6,972	96.97%	2.52%	0.50%
37	RBL Bank	6,680	88.69%	9.54%	1.77%
38	AU Small Finance bank	5,004	70.40%	28.46%	1.14%
39	Kerala Gramin Bank	4,890	94.26%	4.97%	0.78%
40	Karnataka Vikas Grameena Bank	4,120	94.15%	5.44%	0.41%
41	Catholic Syrian Bank	3,994	94.69%	4.15%	1.15%
42	Jio Payments Bank	3,738	94.70%	5.24%	0.06%
43	Bharat Co-op Bank Mumbai	3,652	83.52%	14.67%	1.81%
44	Dhanlaxmi Bank Ltd	3,309	95.62%	3.81%	0.57%
45	TJSB Sahakari Bank Ltd	3,298	95.02%	4.10%	0.88%
46	Cosmos Bank	2,981	94.13%	3.92%	1.95%
47	State Bank of Mauritius	2,055	92.56%	4.09%	3.35%
48	NSDL Payments Bank	2,037	94.99%	4.96%	0.05%
49	Janata Sahakari Bank Ltd. Pune	1,768	94.12%	4.98%	0.90%
50	Utkarsh Small Finance Bank	1,516	91.16%	8.65%	0.20%

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'22)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	13,060,649	52.27%	46.15%	1.58%
2	HDFC Bank Ltd	4,254,743	69.75%	29.64%	0.61%
3	Paytm Payments Bank	3,646,508	29.96%	69.91%	0.13%
4	Bank of Baroda	3,457,395	43.47%	52.99%	3.54%
5	Kotak Mahindra Bank	2,874,531	41.15%	54.86%	3.99%
6	Union Bank of India	2,734,049	44.61%	54.51%	0.89%
7	Punjab National Bank	2,621,747	49.23%	49.34%	1.43%
8	ICICI Bank	2,547,532	73.22%	25.93%	0.84%
9	Axis Bank Ltd	2,033,969	64.06%	35.64%	0.30%
10	Bank of India	1,784,081	49.89%	49.90%	0.21%
11	Canara Bank	1,722,567	50.34%	49.16%	0.50%
12	Indian Bank	1,033,507	48.23%	50.65%	1.11%
13	Central Bank Of India	910,167	40.48%	57.00%	2.52%
14	Federal Bank	761,464	39.46%	60.47%	0.07%
15	Indian Overseas Bank	510,483	36.39%	62.37%	1.24%
16	IndusInd Bank	489,946	51.29%	47.42%	1.29%
17	Bank of Maharashtra	446,306	49.36%	48.24%	2.40%
18	Yes Bank Ltd	355,605	36.05%	41.78%	22.17%
19	UCO Bank	350,839	44.93%	54.23%	0.84%
20	Equitas Small Finance Bank	350,394	21.27%	78.42%	0.31%
21	IDBI Bank Limited	332,232	45.81%	45.55%	8.64%
22	IDFC FIRST Bank	301,997	48.97%	49.54%	1.49%
23	Punjab and Sind Bank	171,146	38.76%	57.74%	3.50%
24	Karur Vysya Bank	151,255	59.10%	39.84%	1.07%
25	DBS Bank Ltd	148,314	43.73%	53.63%	2.64%
26	India Post Payment Bank	140,935	57.53%	36.35%	6.12%
27	Fincare Small Finance Bank Ltd	97,321	5.35%	92.26%	2.39%
28	City Union Bank	60,812	41.84%	56.12%	2.05%
29	South Indian Bank	45,686	41.44%	57.51%	1.05%
30	RBL Bank	39,356	25.88%	17.20%	56.92%
31	NSDL Payments Bank	35,843	10.28%	87.89%	1.82%
32	HSBC Bank	35,630	79.55%	18.77%	1.69%
33	Saraswat Bank	30,452	67.23%	32.51%	0.26%
34	Andhra Pragathi Grameena Bank	27,392	37.27%	58.01%	4.73%
35	CSB Bank Ltd	17,865	41.48%	48.22%	10.31%
36	TJSB Sahakari Bank Ltd	16,430	53.96%	45.47%	0.57%
37	Jio Payments Bank	15,617	28.73%	70.89%	0.38%
38	Kerala Gramin Bank	13,771	50.38%	48.35%	1.27%
39	Dhanlaxmi Bank Ltd	13,050	53.70%	45.69%	0.61%
40	Pragathi Krishna Gramin Bank	13,029	23.12%	75.58%	1.30%
41	Andhra Pradesh Grameena Vikas Bank	12,322	41.21%	46.25%	12.54%
42	Rajasthan Marudhara Gramin Bank	11,217	39.20%	24.85%	35.95%
43	Janata Sahakari Bank Ltd. Pune	9,511	56.07%	43.62%	0.31%
44	Maharashtra Gramin Bank	9,471	61.65%	36.31%	2.04%
45	Apna Sahakari Bank Ltd.	7,413	54.48%	45.34%	0.18%
46	GP Parsik Bank	6,789	55.88%	42.34%	1.78%
47	SBM Bank India Ltd.	6,770	20.51%	7.10%	72.38%
48	Chatisgarh R G Bank	5,639	26.03%	10.73%	63.24%
49	North East Small Finance Bank Ltd	5,043	13.60%	85.86%	0.54%
50	Rajkot Nagrik Sahakari Bank Ltd.	4,208	47.74%	52.16%	0.10%

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'22)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	2,681,441	93.17%	6.61%	0.22%
2	Paytm Payments Bank	1,823,829	90.30%	9.58%	0.12%
3	Axis Bank Ltd	1,190,477	88.60%	10.25%	1.15%
4	ICICI Bank	993,831	89.88%	9.74%	0.38%
5	HDFC Bank Ltd	561,133	82.56%	14.85%	2.59%
6	BHIM	118,538	94.74%	4.34%	0.92%
7	State Bank Of India	5,657	39.38%	6.12%	54.50%
8	DBS Bank India Limited	1,864	96.46%	1.56%	1.98%
9	Jio Payments Bank	1,043	73.92%	24.74%	1.34%
10	Canara Bank	430	74.19%	22.09%	3.72%
11	Bank of India	249	81.93%	12.85%	5.22%
12	IndusInd Bank	33	84.85%	6.06%	9.09%
13	Dhanlaxmi Bank Ltd	16	87.50%	6.25%	6.25%

UPI Autopay Registration - Payee PSP Performance (Dec'22)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	2,061,189	100.00%	0.00%	0.00%
2	ICICI Bank	1,515,740	100.00%	0.00%	0.00%
3	Axis Bank Ltd	1,367,519	100.00%	0.00%	0.00%
4	Paytm Payments Bank	1,346,534	100.00%	0.00%	0.00%
5	HDFC Bank Ltd	1,082,233	100.00%	0.00%	0.00%
6	HSBC Bank	6,472	100.00%	0.00%	0.00%
7	IndusInd Bank	3,030	100.00%	0.00%	0.00%
8	IDFC FIRST Bank	18	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'22)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	18,448,773	99.69%	0.28%	0.03%
2	Paytm Payments Bank	18,244,554	99.84%	0.16%	0.00%
3	Axis Bank Ltd	5,211,793	99.55%	0.40%	0.05%
4	ICICI Bank	4,381,833	98.62%	1.37%	0.02%
5	HDFC Bank Ltd	1,374,672	92.14%	7.50%	0.35%
6	BHIM	462,960	98.26%	1.74%	0.00%
7	DBS Bank India Limited	3,582	77.97%	21.11%	0.92%
8	State Bank Of India	2,154	89.74%	9.98%	0.28%
9	Jio Payments Bank	948	67.19%	7.59%	25.21%
10	Canara Bank	827	99.52%	0.24%	0.24%
11	Bank of India	597	70.52%	29.48%	0.00%
12	Bank of Baroda	368	97.55%	1.36%	1.09%
13	Indian Bank	234	91.45%	8.12%	0.43%
14	Union Bank of India	137	94.89%	5.11%	0.00%
15	Central Bank Of India	128	45.31%	54.69%	0.00%

UPI Autopay Execution - Payee PSP Performance (Dec'22)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	22,404,440	100.00%	0.00%	0.00%
2	Paytm Payments Bank	16,055,488	100.00%	0.00%	0.00%
3	HDFC Bank Ltd	4,942,624	100.00%	0.00%	0.00%
4	ICICI Bank	2,802,279	100.00%	0.00%	0.00%
5	Axis Bank Ltd	1,890,490	100.00%	0.00%	0.00%
6	IndusInd Bank	22,254	100.00%	0.00%	0.00%
7	HSBC Bank	17,407	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.

AutoPay Banks Performance (Nov'22)

AutoPay Remitter Banks - Mandate Registration (Nov'22)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	1,922,963	91.83%	7.54%	0.62%
2	HDFC Bank Ltd	685,414	94.74%	5.04%	0.22%
3	Bank of Baroda	504,016	86.52%	12.64%	0.84%
4	Paytm Payments Bank	442,262	79.95%	19.91%	0.14%
5	Union Bank of India	406,462	91.22%	8.06%	0.72%
6	ICICI Bank	402,099	93.78%	5.82%	0.39%
7	Punjab National Bank	398,773	79.39%	6.87%	13.74%
8	Kotak Mahindra Bank	323,214	92.98%	6.34%	0.68%
9	Axis Bank Ltd	322,579	94.40%	5.33%	0.27%
10	Canara Bank	303,763	90.78%	8.17%	1.05%
11	Bank of India	242,318	91.98%	7.30%	0.73%
12	India Post Payment Bank	174,191	87.00%	11.88%	1.12%
13	Indian Bank	174,085	93.00%	6.24%	0.75%
14	Central Bank Of India	162,900	91.12%	8.12%	0.76%
15	Federal Bank	141,141	90.07%	3.51%	6.42%
16	UCO Bank	98,246	88.11%	6.48%	5.41%
17	Indian Overseas Bank	91,524	62.52%	37.10%	0.38%
18	Bank of Maharashtra	85,587	86.48%	9.78%	3.74%
19	IndusInd Bank	61,889	91.21%	8.43%	0.36%
20	IDFC FIRST Bank	52,016	90.57%	6.12%	3.31%
21	Yes Bank Ltd	41,626	83.94%	15.80%	0.26%
22	IDBI Bank Limited	39,532	92.21%	6.79%	1.00%
23	Karur Vysya Bank	35,396	87.73%	11.81%	0.45%
24	Equitas Small Finance Bank	28,207	97.78%	1.95%	0.28%
25	Maharashtra Gramin Bank	24,414	83.39%	3.87%	12.73%
26	Punjab and Sind Bank	21,374	87.10%	11.90%	1.00%
27	DBS Bank Ltd	21,138	93.95%	5.95%	0.10%
28	City Union Bank	18,687	90.26%	7.97%	1.77%
29	Andhra Pradesh Grameena Vikas Bank	16,357	91.32%	7.42%	1.25%
30	Rajasthan Marudhara Gramin Bank	15,254	90.99%	6.69%	2.31%
31	South Indian Bank	12,246	93.82%	6.08%	0.11%
32	Andhra Pragathi Grameena Bank	10,840	87.65%	4.92%	7.44%
33	Fincare Small Finance Bank	8,983	76.83%	7.57%	15.60%
34	HSBC Bank	7,863	61.50%	37.94%	0.56%
35	Saraswat Bank	6,516	93.60%	6.25%	0.15%
36	Karnataka Vikas Grameena Bank	6,063	93.49%	4.73%	1.78%
37	RBL Bank	5,658	88.34%	11.38%	0.28%
38	Bharat Co-op Bank Mumbai	4,878	85.36%	13.43%	1.21%
39	Kerala Gramin Bank	4,023	92.89%	6.86%	0.25%
40	Catholic Syrian Bank	3,919	92.65%	6.33%	1.02%
41	Dhanlaxmi Bank Ltd	3,095	94.93%	4.62%	0.45%
42	Jio Payments Bank	2,671	90.60%	9.02%	0.37%
43	Janata Sahakari Bank Ltd. Pune	2,405	94.01%	5.65%	0.33%
44	TJSB Sahakari Bank Ltd	2,310	92.99%	6.45%	0.56%
45	Cosmos Bank	1,750	88.11%	6.51%	5.37%
46	NSDL Payments Bank	1,624	88.49%	11.45%	0.06%
47	Apna Sahakari Bank Ltd.	1624	93.97%	5.85%	0.18%
48	State Bank of Mauritius	1555	89.97%	6.75%	3.28%
49	GP Parsik Bank	1063	91.53%	8.28%	0.19%
50	The Gujarat State Cooperative Bank	921	90.12%	8.36%	1.52%

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'22)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	11,071,784	58.62%	39.78%	1.59%
2	HDFC Bank Ltd	3,744,125	71.51%	28.39%	0.10%
3	Bank of Baroda	2,786,508	51.49%	48.21%	0.30%
4	Paytm Payments Bank	2,603,411	38.27%	61.59%	0.14%
5	ICICI Bank	2,226,205	74.50%	25.06%	0.43%
6	Union Bank of India	2,221,388	52.42%	47.10%	0.48%
7	Kotak Mahindra Bank	2,214,497	49.41%	49.90%	0.70%
8	Punjab National Bank	2,032,630	54.85%	43.50%	1.65%
9	Axis Bank Ltd	1,762,344	69.06%	30.72%	0.22%
10	Bank of India	1,491,719	57.08%	42.11%	0.82%
11	Canara Bank	1,436,937	57.00%	41.91%	1.09%
12	Central Bank Of India	940,340	33.49%	61.73%	4.78%
13	Indian Bank	865,042	54.60%	44.55%	0.85%
14	Federal Bank	598,689	39.42%	60.13%	0.46%
15	Indian Overseas Bank	431,201	40.54%	58.66%	0.80%
16	IndusInd Bank	399,235	57.27%	41.91%	0.82%
17	Bank of Maharashtra	368,322	57.07%	41.66%	1.27%
18	UCO Bank	262,724	54.51%	43.98%	1.50%
19	IDBI Bank Limited	260,236	52.28%	43.37%	4.34%
20	IDFC FIRST Bank	250,601	51.07%	42.41%	6.53%
21	Equitas Small Finance Bank	246,150	27.00%	72.84%	0.16%
22	Yes Bank Ltd	244,910	55.10%	44.74%	0.16%
23	India Post Payment Bank	155,293	63.36%	35.54%	1.10%
24	Karur Vysya Bank	133,823	64.87%	34.71%	0.43%
25	Punjab and Sind Bank	130,392	46.02%	52.45%	1.53%
26	DBS Bank Ltd	123,163	45.65%	51.97%	2.38%
27	Fincare Small Finance Bank Ltd	69,405	6.21%	87.17%	6.63%
28	City Union Bank	36,475	53.31%	45.23%	1.46%
29	HSBC Bank	31,694	79.41%	19.52%	1.07%
30	RBL Bank	27,693	33.16%	55.17%	11.67%
31	Saraswat Bank	25,083	70.46%	29.12%	0.42%
32	Andhra Pragathi Grameena Bank	23,932	40.79%	49.76%	9.44%
33	NSDL Payments Bank	22,413	15.39%	83.44%	1.17%
34	Maharashtra Gramin Bank	20,769	46.47%	37.67%	15.86%
35	South Indian Bank	15,897	72.97%	26.94%	0.09%
36	Andhra Pradesh Grameena Vikas Bank	15,411	35.93%	12.34%	51.74%
37	Rajasthan Marudhara Gramin Bank	14,354	35.56%	16.80%	47.65%
38	CSB Bank Ltd	12,710	51.20%	37.56%	11.24%
39	TJSB Sahakari Bank Ltd	12,527	58.59%	40.95%	0.46%
40	Kerala Gramin Bank	10,846	55.95%	43.68%	0.37%
41	Jio Payments Bank	10,547	31.72%	67.04%	1.24%
42	Dhanlaxmi Bank Ltd	9,785	60.97%	37.98%	1.05%
43	Janata Sahakari Bank Ltd. Pune	7,745	65.10%	34.68%	0.22%
44	Pragathi Krishna Gramin Bank	7,618	30.89%	68.80%	0.32%
45	Karnataka Vikas Grameena Bank	5,836	65.08%	24.26%	10.66%
46	Apna Sahakari Bank Ltd.	5,780	63.70%	36.09%	0.21%
47	GP Parsik Bank	5,259	59.50%	40.27%	0.23%
48	Utkarsh Small Finance Bank Ltd	4,872	20.34%	73.75%	5.91%
49	Telangana Grameena bank	4,630	15.53%	82.59%	1.88%
50	Bharat Co-Operative Bank (Mumbai) Ltd.	4,285	14.87%	0.00%	85.13%

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'22)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	34,43,240	87.26%	11.06%	1.68%
2	Paytm Payments Bank	16,21,549	82.22%	16.27%	1.51%
3	Axis Bank Ltd	12,47,381	78.85%	17.86%	3.29%
4	ICICI Bank	10,29,129	79.28%	19.04%	1.68%
5	HDFC Bank Ltd	5,09,097	71.00%	27.02%	1.98%
6	BHIM	1,11,165	89.35%	7.40%	3.25%
7	State Bank Of India	2,254	67.35%	12.64%	20.01%
8	DBS Bank India Limited	1,419	95.77%	1.90%	2.33%
9	Jio Payments Bank	627	80.86%	17.86%	1.28%
10	Kotak Mahindra Bank	418	73.68%	20.57%	5.74%
11	Canara Bank	366	60.66%	34.15%	5.19%
12	Bank of India	201	65.17%	30.35%	4.48%
13	Indian Bank	148	62.84%	14.19%	22.97%
14	IndusInd Bank	39	69.23%	17.95%	12.82%
15	Dhanlaxmi Bank Ltd	4	100.00%	0.00%	0.00%

UPI Autopay Registration - Payee PSP Performance (Nov'22)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	32,29,598	89.24%	9.04%	1.72%
2	ICICI Bank	14,27,902	72.76%	24.59%	2.64%
3	Axis Bank Ltd	14,14,991	76.09%	22.04%	1.87%
4	Paytm Payments Bank	9,70,301	85.96%	12.51%	1.53%
5	HDFC Bank Ltd	9,08,374	83.66%	14.15%	2.19%
6	HSBC Bank	10,575	61.18%	17.36%	21.46%
7	IndusInd Bank	3,925	75.54%	23.24%	1.22%
8	IDFC FIRST Bank	3,459	31.95%	65.65%	2.40%

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'22)
Sr. No.	Payer PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	1,61,93,933	59.83%	38.88%	1.29%
2	Paytm Payments Bank	1,41,24,826	50.90%	48.17%	0.93%
3	Axis Bank Ltd	42,75,499	55.63%	43.17%	1.20%
4	ICICI Bank	34,43,568	53.43%	45.38%	1.19%
5	HDFC Bank Ltd	10,42,973	80.77%	18.42%	0.82%
6	BHIM	3,87,947	77.88%	20.87%	1.25%
7	DBS Bank India Limited	1,992	99.55%	0.45%	0.00%
8	State Bank Of India	1,422	95.92%	3.38%	0.70%
9	Canara Bank	716	71.93%	27.23%	0.84%
10	Jio Payments Bank	362	77.07%	22.10%	0.83%
11	Bank of Baroda	271	81.55%	18.08%	0.37%
12	Bank of India	270	85.19%	14.44%	0.37%
13	Indian Bank	95	96.84%	3.16%	0.00%
14	IndusInd Bank	42	97.62%	2.38%	0.00%
15	Dhanlaxmi Bank Ltd	11	100.00%	0.00%	0.00%

UPI Autopay Execution - Payee PSP Performance (Nov'22)
Sr. No.	Payee PSP	Total Volume	Approved %	BD %	TD %
1	Yes Bank Ltd	1,92,35,352	52.03%	46.72%	1.25%
2	Paytm Payments Bank	1,20,00,011	51.40%	47.65%	0.95%
3	HDFC Bank Ltd	42,09,182	68.34%	30.40%	1.26%
4	ICICI Bank	23,00,761	77.69%	21.25%	1.05%
5	Axis Bank Ltd	16,96,175	81.48%	17.65%	0.87%
6	IndusInd Bank	17,229	87.53%	11.73%	0.74%
7	HSBC Bank	14,689	47.26%	51.68%	1.06%
8	IDFC FIRST Bank	631	91.28%	7.13%	1.58%

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'22)

AutoPay Remitter Banks - Mandate Registration (Oct'22)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	2,354,191	91.81%	7.62%	0.57%
2	HDFC Bank Ltd	726,243	94.61%	5.21%	0.18%
3	Bank of Baroda	580,225	86.96%	12.52%	0.52%
4	Paytm Payments Bank	510,564	79.73%	20.13%	0.14%
5	Union Bank of India	495,214	91.06%	7.83%	1.11%
6	Punjab National Bank	435,998	90.42%	7.70%	1.88%
7	ICICI Bank	435,404	93.65%	6.09%	0.26%
8	Kotak Mahindra Bank	358,697	93.49%	6.23%	0.28%
9	Canara Bank	348,288	91.24%	8.32%	0.44%
10	Axis Bank Ltd	348,214	94.22%	5.55%	0.23%
11	Bank of India	287,205	92.53%	7.17%	0.30%
12	India Post Payment Bank	211,576	87.25%	11.39%	1.36%
13	Indian Bank	201,499	92.44%	6.35%	1.21%
14	Central Bank Of India	169,395	89.45%	7.88%	2.67%
15	Federal Bank	120,406	89.99%	4.00%	6.01%
16	UCO Bank	116,131	90.49%	6.46%	3.05%
17	Indian Overseas Bank	99,481	68.65%	30.93%	0.42%
18	Bank of Maharashtra	98,501	89.42%	9.65%	0.94%
19	IndusInd Bank	68,763	91.40%	8.33%	0.26%
20	IDFC FIRST Bank	54,394	93.28%	6.19%	0.53%
21	Maharashtra Gramin Bank	54,211	90.81%	5.39%	3.80%
22	Yes Bank Ltd	45,351	84.20%	15.56%	0.24%
23	IDBI Bank Limited	39,386	92.11%	7.23%	0.66%
24	Karur Vysya Bank	39,149	87.82%	11.60%	0.58%
25	Equitas Small Finance Bank	34,209	96.73%	1.87%	1.40%
26	Punjab and Sind Bank	27,694	80.41%	17.98%	1.61%
27	DBS Bank Ltd	21,918	93.21%	6.60%	0.19%
28	City Union Bank	20,765	89.35%	8.02%	2.63%
29	Andhra Pradesh Grameena Vikas Bank	18,208	93.16%	4.90%	1.94%
30	Rajasthan Marudhara Gramin Bank	17,511	88.52%	4.80%	6.69%
31	Andhra Pragathi Grameena Bank	14,457	87.16%	4.30%	8.54%
32	Fincare Small Finance Bank	9,751	88.22%	8.86%	2.92%
33	Karnataka Vikas Grameena Bank	9,269	93.96%	4.70%	1.34%
34	Saraswat Bank	6,495	93.92%	5.71%	0.37%
35	HSBC Bank	6,321	95.97%	3.81%	0.22%
36	RBL Bank	5,634	87.74%	11.91%	0.35%
37	Bharat Co-op Bank Mumbai	5,478	84.43%	13.86%	1.72%
38	Catholic Syrian Bank	4,210	92.40%	6.94%	0.67%
39	Dhanlaxmi Bank Ltd	3,279	93.05%	5.46%	1.49%
40	Kerala Gramin Bank	2,918	91.43%	8.33%	0.24%
41	Janata Sahakari Bank Ltd. Pune	2,583	95.55%	4.22%	0.23%
42	Jio Payments Bank	2,464	88.64%	11.24%	0.12%
43	TJSB Sahakari Bank Ltd	2,207	93.20%	5.17%	1.63%
44	Apna Sahakari Bank Ltd.	2,015	92.01%	7.89%	0.10%
45	NSDL Payments Bank	1,554	88.42%	11.33%	0.26%
46	State Bank of Mauritius	1,218	92.12%	7.72%	0.16%
47	GP Parsik Bank	974	92.92%	6.47%	0.62%
48	Nainital Bank	895	92.85%	6.93%	0.22%
49	Deutsche Bank	773	94.70%	1.42%	3.88%
50	The Gujarat State Cooperative Bank	759	88.27%	10.41%	1.32%

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'22)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	11,978,176	59.55%	39.01%	1.44%
2	HDFC Bank Ltd	3,754,690	71.59%	28.29%	0.12%
3	Bank of Baroda	2,954,834	51.94%	47.82%	0.23%
4	Paytm Payments Bank	2,838,682	36.85%	63.08%	0.07%
5	Union Bank of India	2,561,452	53.80%	44.95%	1.25%
6	Punjab National Bank	2,311,425	55.72%	43.83%	0.45%
7	Kotak Mahindra Bank	2,294,386	48.89%	50.90%	0.21%
8	ICICI Bank	2,207,503	75.45%	24.02%	0.53%
9	Axis Bank Ltd	1,766,595	69.74%	30.00%	0.27%
10	Bank of India	1,569,660	57.40%	42.08%	0.52%
11	Canara Bank	1,493,224	57.00%	42.76%	0.24%
12	Indian Bank	907,877	55.53%	43.14%	1.33%
13	Central Bank Of India	838,135	48.81%	46.91%	4.27%
14	Federal Bank	583,643	46.54%	53.32%	0.14%
15	IndusInd Bank	404,655	57.88%	41.22%	0.91%
16	Bank of Maharashtra	383,388	57.80%	41.62%	0.58%
17	Indian Overseas Bank	373,623	45.40%	54.01%	0.58%
18	Equitas Small Finance Bank	277,132	25.92%	71.96%	2.12%
19	Yes Bank Ltd	248,552	56.05%	43.54%	0.41%
20	UCO Bank	242,332	55.19%	43.95%	0.86%
21	IDFC FIRST Bank	239,750	54.83%	40.72%	4.46%
22	IDBI Bank Limited	239,173	57.05%	41.80%	1.15%
23	India Post Payment Bank	188,299	58.91%	40.00%	1.10%
24	Karur Vysya Bank	136,673	66.16%	33.60%	0.24%
25	Punjab and Sind Bank	133,209	45.17%	48.14%	6.69%
26	Chatisgarh R G Bank	88,822	3.14%	90.95%	5.91%
27	DBS Bank Ltd	75,648	54.18%	43.43%	2.39%
28	Fincare Small Finance Bank Ltd	57,885	8.97%	89.79%	1.24%
29	HSBC Bank	31,725	83.61%	16.24%	0.14%
30	City Union Bank	27,165	66.91%	32.32%	0.76%
31	Andhra Pragathi Grameena Bank	26,611	35.77%	34.20%	30.03%
32	RBL Bank	23,895	33.31%	66.09%	0.59%
33	Saraswat Bank	21,321	73.32%	26.41%	0.28%
34	Andhra Pradesh Grameena Vikas Bank	17,059	63.83%	32.04%	4.14%
35	Rajasthan Marudhara Gramin Bank	15,469	54.43%	30.53%	15.04%
36	TJSB Sahakari Bank Ltd	11,468	62.60%	36.61%	0.79%
37	CSB Bank Ltd	11,053	53.43%	37.12%	9.45%
38	Jio Payments Bank	10,689	30.26%	69.70%	0.04%
39	Kerala Gramin Bank	10,098	59.17%	40.45%	0.38%
40	Pragathi Krishna Gramin Bank	8,816	35.03%	64.53%	0.44%
41	Karnataka Vikas Grameena Bank	8,729	67.60%	23.73%	8.67%
42	Dhanlaxmi Bank Ltd	8,572	63.29%	35.44%	1.27%
43	Janata Sahakari Bank Ltd. Pune	7,131	68.15%	31.58%	0.27%
44	Suryoday Small Finance Bank Ltd.	7,046	8.84%	90.69%	0.47%
45	GP Parsik Bank	4,609	62.53%	37.12%	0.35%
46	Telangana Grameena bank	4,577	12.93%	84.12%	2.95%
47	Apna Sahakari Bank Ltd.	4,497	70.89%	29.09%	0.02%
48	Utkarsh Small Finance Bank Ltd	4,035	17.60%	81.39%	1.02%
49	Rajkot Nagrik Sahakari Bank Ltd.	2,803	54.87%	45.02%	0.11%
50	SBM Bank India Ltd.	2,683	31.90%	67.95%	0.15%

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.

AutoPay Banks Performance (Sep'22)

AutoPay Remitter Banks - Mandate Registration (Sep'22)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	19,59,999	91.53%	7.49%	0.98%
2	HDFC Bank Ltd	6,66,957	94.12%	5.74%	0.14%
3	Bank of Baroda	5,12,650	84.46%	15.03%	0.51%
4	Paytm Payments Bank	4,61,276	79.42%	20.41%	0.17%
5	Union Bank of India	4,19,157	90.11%	8.65%	1.24%
6	ICICI Bank	3,90,765	92.96%	6.76%	0.28%
7	Punjab National Bank	3,86,375	88.91%	8.30%	2.79%
8	Kotak Mahindra Bank	3,25,048	92.61%	7.06%	0.32%
9	Axis Bank Ltd	3,08,082	93.36%	6.27%	0.37%
10	Canara Bank	2,98,116	87.74%	9.69%	2.58%
11	Bank of India	2,33,808	91.28%	8.30%	0.42%
12	Indian Bank	1,67,106	90.16%	6.85%	2.99%
13	Federal Bank	1,62,628	91.49%	3.48%	5.03%
14	Central Bank Of India	1,43,429	86.69%	9.02%	4.29%
15	India Post Payment Bank	1,39,645	78.96%	11.38%	9.66%
16	UCO Bank	1,04,832	87.49%	6.21%	6.30%
17	Indian Overseas Bank	79,778	63.92%	35.64%	0.44%
18	Bank of Maharashtra	78,674	85.97%	9.70%	4.32%
19	IndusInd Bank	60,742	89.96%	9.53%	0.51%
20	IDFC FIRST Bank	45,714	92.10%	7.05%	0.86%
21	Yes Bank Ltd	42,627	81.77%	16.37%	1.86%
22	IDBI Bank Limited	35,512	91.18%	8.19%	0.63%
23	Equitas Small Finance Bank	35,485	96.80%	1.75%	1.45%
24	Karur Vysya Bank	33,101	87.01%	11.98%	1.00%
25	Punjab and Sind Bank	23,599	87.43%	11.42%	1.15%
26	DBS Bank Ltd	20,201	92.98%	6.47%	0.55%
27	Maharashtra Gramin Bank	14,817	90.01%	3.96%	6.03%
28	Rajasthan Marudhara Gramin Bank	13,652	86.99%	5.46%	7.55%
29	City Union Bank	12,049	88.89%	9.30%	1.81%
30	Andhra Pradesh Grameena Vikas Bank	12,011	90.78%	5.15%	4.07%
31	HSBC Bank	6,725	95.46%	4.18%	0.36%
32	Andhra Pragathi Grameena Bank	6,404	91.08%	4.90%	4.01%
33	Saraswat Bank	5,419	91.51%	8.34%	0.15%
34	Fincare Small Finance Bank	5,399	88.07%	9.02%	2.91%
35	RBL Bank	5,105	85.45%	13.22%	1.33%
36	Karnataka Vikas Grameena Bank	3,781	87.83%	5.37%	6.80%
37	Bharat Co-op Bank Mumbai	3,127	79.95%	18.58%	1.47%
38	Kerala Gramin Bank	3,067	87.48%	11.61%	0.91%
39	Catholic Syrian Bank	2,854	91.35%	8.09%	0.56%
40	Dhanlaxmi Bank Ltd	2,359	90.80%	8.99%	0.21%
41	Jio Payments Bank	2,238	88.43%	11.04%	0.54%
42	Pragathi Krishna Gramin Bank	2,204	24.46%	4.63%	70.92%
43	TJSB Sahakari Bank Ltd	1,900	92.89%	6.68%	0.42%
44	NSDL Payments Bank	1,683	90.31%	9.45%	0.24%
45	Janata Sahakari Bank Ltd. Pune	1,331	90.76%	8.49%	0.75%
46	Apna Sahakari Bank Ltd.	1,170	89.74%	8.46%	1.79%
47	Nainital Bank	930	88.71%	10.97%	0.32%
48	GP Parsik Bank	877	91.11%	7.87%	1.03%
49	Utkarsh Small Finance Bank	783	50.19%	9.07%	40.74%
50	State Bank of Mauritius	677	92.91%	6.50%	0.59%

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 (Sep'22)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	1,24,83,695	46.98%	51.29%	1.73%
2	HDFC Bank Ltd	34,71,993	66.58%	33.18%	0.24%
3	Paytm Payments Bank	34,15,142	27.32%	72.50%	0.18%
4	Bank of Baroda	32,17,229	39.93%	59.76%	0.32%
5	Kotak Mahindra Bank	24,50,933	40.01%	58.84%	1.15%
6	Punjab National Bank	23,35,961	46.84%	52.11%	1.05%
7	ICICI Bank	20,78,366	69.46%	29.50%	1.04%
8	Bank of India	16,88,050	44.56%	54.83%	0.62%
9	Axis Bank Ltd	16,85,855	63.49%	36.29%	0.22%
10	Canara Bank	15,04,431	46.96%	51.77%	1.28%
11	Union Bank of India	10,85,343	62.70%	36.21%	1.09%
12	Indian Bank	9,10,113	44.90%	52.91%	2.19%
13	Central Bank Of India	8,49,677	40.39%	56.12%	3.49%
14	Federal Bank	6,84,175	28.61%	71.17%	0.22%
15	IndusInd Bank	4,23,095	46.93%	52.23%	0.84%
16	Indian Overseas Bank	3,92,468	37.77%	61.51%	0.72%
17	Bank of Maharashtra	3,69,470	47.40%	48.82%	3.78%
18	India Post Payment Bank	3,66,437	26.45%	70.77%	2.78%
19	Equitas Small Finance Bank	3,46,307	19.38%	77.81%	2.82%
20	IDFC FIRST Bank	2,61,442	45.14%	50.41%	4.45%
21	Yes Bank Ltd	2,43,879	48.65%	50.99%	0.37%
22	IDBI Bank Limited	1,95,551	59.93%	38.98%	1.10%
23	UCO Bank	1,74,254	49.60%	46.96%	3.44%
24	Punjab and Sind Bank	1,49,251	38.00%	61.28%	0.72%
25	Karur Vysya Bank	1,31,391	56.30%	43.16%	0.54%
26	Chatisgarh R G Bank	73,236	5.80%	90.58%	3.62%
27	DBS Bank Ltd	49,733	65.05%	33.04%	1.92%
28	HSBC Bank	35,291	66.14%	32.97%	0.89%
29	Fincare Small Finance Bank Ltd	16,402	17.12%	81.59%	1.29%
30	Saraswat Bank	15,595	76.65%	23.24%	0.11%
31	RBL Bank	14,350	40.52%	58.61%	0.87%
32	Maharashtra Gramin Bank	13,460	0.00%	8.22%	91.78%
33	Jio Payments Bank	12,907	23.41%	75.73%	0.86%
34	City Union Bank	12,466	76.97%	22.49%	0.54%
35	Rajasthan Marudhara Gramin Bank	11,845	0.00%	0.30%	99.70%
36	Andhra Pradesh Grameena Vikas Bank	10,885	25.48%	15.15%	59.38%
37	Kerala Gramin Bank	9,265	61.62%	37.13%	1.25%
38	Pragathi Krishna Gramin Bank	8,901	41.92%	56.97%	1.11%
39	TJSB Sahakari Bank Ltd	8,867	67.53%	32.10%	0.37%
40	CSB Bank Ltd	6,658	53.35%	39.76%	6.89%
41	Andhra Pragathi Grameena Bank	5,845	58.32%	33.43%	8.25%
42	Dhanlaxmi Bank Ltd	5,507	69.64%	29.64%	0.73%
43	Janata Sahakari Bank Ltd. Pune	4,227	67.02%	32.65%	0.33%
44	Suryoday Small Finance Bank Ltd.	4,123	8.42%	90.95%	0.63%
45	GP Parsik Bank	3,872	66.04%	33.70%	0.26%
46	Karnataka Vikas Grameena Bank	3,318	62.51%	34.00%	3.50%
47	Bharat Co-Operative Bank (Mumbai) Ltd.	2,488	10.93%	0.00%	89.07%
48	North East Small Finance Bank Ltd	2,132	10.23%	89.54%	0.23%
49	Rajkot Nagrik Sahakari Bank Ltd.	2,098	55.86%	43.76%	0.38%
50	Telangana Grameena bank	1,869	25.36%	55.00%	19.64%

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.

AutoPay Banks Performance (Aug'22)

AutoPay Remitter Banks - Mandate Registration (Aug'22)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	16,04,488	93.33%	6.02%	0.65%
2	HDFC BANK LTD	5,22,046	95.46%	4.15%	0.39%
3	Bank of Baroda	4,43,674	86.14%	13.63%	0.23%
4	Paytm Payments Bank	3,51,696	86.23%	13.50%	0.27%
5	Union Bank of India	3,44,211	91.78%	7.50%	0.72%
6	Punjab National Bank	3,15,019	91.53%	5.96%	2.51%
7	ICICI Bank	3,14,984	94.84%	4.90%	0.27%
8	Kotak Mahindra Bank	2,72,070	94.57%	5.10%	0.33%
9	Axis Bank Ltd.	2,57,814	91.87%	5.01%	3.12%
10	Canara Bank	2,55,644	89.88%	8.64%	1.49%
11	Bank of India	1,97,792	92.78%	6.90%	0.31%
12	Federal Bank	1,43,424	96.14%	1.40%	2.46%
13	Indian Bank	1,38,971	93.17%	4.96%	1.87%
14	Central Bank Of India	1,19,695	91.27%	8.13%	0.59%
15	Indian Overseas Bank	69,818	62.58%	37.04%	0.38%
16	Bank of Maharashtra	65,861	83.93%	13.66%	2.40%
17	INDUSIND BANK	49,342	91.01%	8.62%	0.37%
18	UCO Bank	42,452	96.46%	3.05%	0.49%
19	IDFC FIRST Bank	38,365	89.38%	10.28%	0.34%
20	Yes Bank Ltd	34,481	82.14%	17.74%	0.11%
21	Equitas Bank	33,682	98.91%	0.00%	1.09%
22	India Post Payment Bank	30,419	90.85%	8.57%	0.58%
23	IDBI Bank Limited	29,335	95.36%	3.78%	0.86%
24	Karur Vysya Bank	27,133	88.22%	10.42%	1.36%
25	Punjab and Sind Bank	18,532	89.76%	9.45%	0.79%
26	DBS BANK LTD	18,155	95.11%	4.56%	0.34%
27	HSBC	6,470	97.50%	1.59%	0.91%
28	City Union Bank	5,004	93.27%	5.12%	1.62%
29	Saraswat Bank	4,530	96.64%	3.16%	0.20%
30	RBL	4,231	88.56%	11.04%	0.40%
31	Rajasthan Marudhara Gramin Bank	3,086	92.48%	5.22%	2.30%
32	Andhra Pradesh Grameena Vikas Bank	2,600	95.31%	3.00%	1.69%
33	The Bharat Co-operative Bank (Mumbai) Ltd.	1,996	81.76%	10.57%	7.67%
34	Kerala Gramin Bank	1,986	93.66%	5.39%	0.96%
35	Jio Payments Bank	1,786	92.61%	6.10%	1.29%
36	Catholic Syrian Bank	1,509	90.59%	8.81%	0.60%
37	Pragathi Krishna Gramin Bank	1,497	92.65%	6.35%	1.00%
38	TJSB	1,417	97.53%	2.12%	0.35%
39	Maharashtra Gramin Bank	1,319	91.89%	2.58%	5.53%
40	Dhanlaxmi Bank Ltd	1,245	88.03%	11.33%	0.64%
41	NSDL Payments Bank	1,192	94.63%	5.37%	0.00%
42	Andhra Pragathi Grameena Bank	1,161	96.12%	3.36%	0.52%
43	Nainital Bank	739	95.81%	4.06%	0.14%
44	GP PARSIK BANK	696	96.41%	3.59%	0.00%
45	Fincare Small Finance Bank	603	93.37%	5.31%	1.33%
46	Karnataka Vikas Grameena Bank	585	94.87%	4.27%	0.85%
47	Apna Sahakari Bank Ltd.	556	96.04%	3.60%	0.36%
48	Deutsche Bank	514	99.42%	0.00%	0.58%
49	Janata Sahakari Bank Ltd. Pune	490	94.90%	4.90%	0.20%
50	Suryoday Small Finance Bank Ltd.	430	94.88%	4.65%	0.47%

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'22)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	1,26,29,274	41.85%	56.87%	1.28%
2	Paytm Payments Bank	37,32,641	22.42%	77.51%	0.07%
3	HDFC BANK LTD	32,87,256	64.01%	35.51%	0.49%
4	Bank of Baroda	32,76,379	35.22%	64.20%	0.58%
5	Kotak Mahindra Bank	24,62,029	35.14%	61.70%	3.17%
6	Punjab National Bank	23,60,473	41.92%	57.30%	0.79%
7	ICICI Bank	20,23,875	66.69%	32.35%	0.97%
8	Bank of India	16,69,558	39.99%	59.65%	0.36%
9	Axis Bank Ltd.	16,34,599	58.25%	39.87%	1.88%
10	Canara Bank	15,15,771	42.55%	56.87%	0.58%
11	Federal Bank	9,80,505	18.64%	81.06%	0.30%
12	Union Bank of India	9,42,841	60.85%	38.22%	0.93%
13	Indian Bank	9,07,053	41.60%	57.82%	0.58%
14	Central Bank Of India	8,81,041	35.31%	59.54%	5.15%
15	Indian Overseas Bank	5,04,156	24.24%	75.14%	0.62%
16	INDUSIND BANK	4,14,583	42.90%	56.82%	0.28%
17	Equitas Bank	3,77,505	16.27%	82.56%	1.18%
18	Bank of Maharashtra	3,41,268	45.51%	53.16%	1.34%
19	IDFC FIRST Bank	2,69,988	40.50%	51.18%	8.32%
20	Yes Bank Ltd	2,41,502	43.21%	56.44%	0.36%
21	IDBI Bank Limited	1,89,184	59.15%	39.46%	1.39%
22	Punjab and Sind Bank	1,43,166	35.14%	64.24%	0.62%
23	Karur Vysya Bank	1,31,230	51.34%	47.62%	1.04%
24	HSBC	45,228	33.50%	65.89%	0.61%
25	DBS Bank India Limited	43,146	63.22%	33.97%	2.80%
26	UCO Bank	41,665	63.34%	29.38%	7.27%
27	India Post Payment Bank	28,450	61.42%	37.36%	1.23%
28	Jio Payments Bank	13,004	20.57%	78.18%	1.25%
29	Saraswat Bank	12,947	73.83%	25.77%	0.40%
30	Pragathi Krishna Gramin Bank	10,672	44.43%	55.00%	0.56%
31	Kerala Gramin Bank	9,831	59.75%	39.38%	0.87%
32	RBL	9,824	43.61%	55.30%	1.09%
33	TJSB Sahakari Bank Ltd	8,386	67.40%	32.32%	0.29%
34	CSB Bank Ltd	6,064	20.50%	78.05%	1.45%
35	City Union Bank	4,609	90.65%	9.11%	0.24%
36	CHATISGARH R G BANK	4,547	56.01%	40.11%	3.87%
37	Dhanlaxmi Bank Ltd	3,937	69.09%	29.67%	1.24%
38	GP PARSIK BANK	3,889	65.96%	33.81%	0.23%
39	Suryoday Small Finance Bank Ltd.	3,397	7.95%	91.55%	0.50%
40	Janata Sahakari Bank Ltd. Pune	2,865	69.42%	30.23%	0.35%
41	Rajasthan Marudhara Gramin Bank	2,830	0.00%	0.14%	99.86%
42	Andhra Pradesh Grameena Vikas Bank	2,471	0.00%	0.12%	99.88%
43	Rajkot Nagrik Sahakari Bank Ltd.	2,029	54.56%	45.34%	0.10%
44	Bharat Co-Operative Bank (Mumbai) Ltd.	1,620	11.48%	0.00%	88.52%
45	North East Small Finance Bank Ltd	1,611	13.04%	86.78%	0.19%
46	Maharashtra Gramin Bank	1,302	0.00%	3.30%	96.70%
47	NSDL Payments Bank	1,148	65.51%	34.41%	0.09%
48	Telangana Grameena bank	1,146	10.21%	4.36%	85.43%
49	Andhra Pragathi Grameena Bank	1,116	69.89%	26.70%	3.41%
50	SBM Bank India Ltd.	1,064	28.48%	70.96%	0.56%

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.

AutoPay Banks Performance (Jul'22)

AutoPay Remitter Banks - Mandate Registration (Jul'22)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	12,64,618	93.16%	6.30%	0.54%
2	HDFC BANK LTD	4,19,251	95.46%	4.25%	0.29%
3	Bank of Baroda	3,23,666	84.18%	14.67%	1.14%
4	Paytm Payments Bank	2,88,602	85.87%	13.85%	0.28%
5	Union Bank of India	2,62,421	91.52%	7.95%	0.52%
6	ICICI Bank	2,50,973	90.21%	4.87%	4.92%
7	Punjab National Bank	2,37,183	92.00%	6.60%	1.41%
8	Kotak Mahindra Bank	2,13,987	93.88%	5.25%	0.87%
9	Axis Bank Ltd.	2,07,007	91.67%	5.30%	3.03%
10	Canara Bank	1,97,996	86.45%	8.84%	4.72%
11	Bank of India	1,46,812	91.22%	7.73%	1.05%
12	Indian Bank	1,13,363	94.07%	5.34%	0.59%
13	Central Bank Of India	95,492	92.04%	7.43%	0.53%
14	Federal Bank	80,814	98.42%	0.01%	1.57%
15	Indian Overseas Bank	59,441	59.06%	40.30%	0.64%
16	Bank of Maharashtra	45,326	89.40%	8.96%	1.64%
17	INDUSIND BANK	37,429	90.44%	8.90%	0.66%
18	IDFC FIRST Bank	28,105	87.82%	11.51%	0.67%
19	Equitas Bank	27,985	99.16%	0.00%	0.84%
20	Yes Bank Ltd	26,410	81.34%	18.49%	0.17%
21	Karur Vysya Bank	26,323	83.12%	10.03%	6.85%
22	IDBI Bank Limited	26,170	95.17%	4.30%	0.52%
23	India Post Payment Bank	24,376	90.04%	9.10%	0.86%
24	DBS BANK LTD	15,026	93.81%	5.72%	0.47%
25	Punjab and Sind Bank	14,640	89.62%	10.12%	0.27%
26	HSBC	4,011	97.76%	2.04%	0.20%
27	Saraswat Bank	3,843	96.36%	3.33%	0.31%
28	City Union Bank	3,712	83.49%	3.21%	13.31%
29	Andhra Pradesh Grameena Vikas Bank	3,498	94.08%	3.95%	1.97%
30	RBL	2,774	88.36%	11.21%	0.43%
31	Kerala Gramin Bank	1,804	93.46%	5.88%	0.67%
32	Andhra Pragathi Grameena Bank	1,703	96.18%	3.70%	0.12%
33	The Bharat Co-operative Bank (Mumbai) Ltd.	1,693	77.73%	13.11%	9.16%
34	Jio Payments Bank	1,540	92.34%	6.95%	0.71%
35	Catholic Syrian Bank	1,358	90.28%	9.65%	0.07%
36	NSDL Payments Bank	1,276	93.89%	6.11%	0.00%
37	Thane Janta Sahakari Bank	1,261	93.58%	3.25%	3.17%
38	Pragathi Krishna Gramin Bank	1,235	92.39%	6.15%	1.46%
39	Dhanlaxmi Bank Ltd	1,196	89.38%	9.78%	0.84%
40	Nainital Bank	672	94.20%	4.91%	0.89%
41	GP PARSIK BANK	602	92.03%	6.64%	1.33%
42	Apna Sahakari Bank Ltd.	488	96.93%	2.87%	0.20%
43	Janata Sahakari Bank Ltd. Pune	407	95.33%	1.97%	2.70%
44	Lakshmi Vilas Bank	393	95.93%	4.07%	0.00%
45	Suryoday Small Finance Bank Ltd.	360	92.50%	7.22%	0.28%
46	Deutsche Bank	347	100.00%	0.00%	0.00%
47	Capital Small Finance Bank	338	96.15%	3.55%	0.30%
48	Rajkot Nagrik Sahakari Bank Ltd.	305	79.34%	4.92%	15.74%
49	State Bank of Mauritius	256	95.31%	4.69%	0.00%
50	Maharashtra Gramin Bank	236	95.76%	2.12%	2.12%

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'22)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	1,12,19,001	42.87%	56.22%	0.90%
2	Paytm Payments Bank	32,75,789	21.50%	78.44%	0.05%
3	HDFC BANK LTD	29,45,203	65.52%	34.36%	0.12%
4	Bank of Baroda	28,16,231	35.19%	61.94%	2.87%
5	Punjab National Bank	20,66,607	42.31%	57.26%	0.43%
6	Kotak Mahindra Bank	20,34,942	35.85%	61.04%	3.12%
7	ICICI Bank	18,17,436	68.03%	31.31%	0.66%
8	Axis Bank Ltd.	14,55,992	59.73%	38.11%	2.16%
9	Bank of India	14,44,445	40.40%	58.73%	0.88%
10	Canara Bank	13,35,927	43.73%	54.98%	1.28%
11	Union Bank of India	8,57,494	60.08%	39.52%	0.40%
12	Indian Bank	7,89,759	43.32%	56.25%	0.43%
13	Central Bank Of India	7,31,805	36.66%	55.09%	8.24%
14	Federal Bank	6,71,276	32.91%	66.88%	0.21%
15	Indian Overseas Bank	3,94,663	30.51%	68.61%	0.88%
16	INDUSIND BANK	3,42,862	44.05%	55.60%	0.35%
17	Equitas Bank	3,00,642	17.21%	82.44%	0.35%
18	Bank of Maharashtra	2,91,258	48.44%	50.48%	1.08%
19	IDFC FIRST Bank	2,24,606	41.02%	52.24%	6.73%
20	Yes Bank Ltd	2,09,288	43.82%	54.81%	1.37%
21	IDBI Bank Limited	1,72,316	60.44%	38.71%	0.86%
22	Karur Vysya Bank	1,28,342	52.36%	46.78%	0.86%
23	Punjab and Sind Bank	1,24,035	35.27%	64.49%	0.24%
24	DBS Bank India Limited	31,046	66.61%	31.82%	1.58%
25	HSBC	27,184	80.72%	18.89%	0.40%
26	India Post Payment Bank	22,264	66.65%	32.26%	1.09%
27	Jio Payments Bank	10,193	21.19%	78.40%	0.41%
28	Pragathi Krishna Gramin Bank	9,982	43.87%	55.05%	1.08%
29	Saraswat Bank	9,040	72.27%	27.44%	0.29%
30	Kerala Gramin Bank	8,780	59.03%	39.95%	1.01%
31	TJSB Sahakari Bank Ltd	8,132	64.88%	33.14%	1.98%
32	RBL	4,959	47.57%	51.62%	0.81%
33	CSB Bank Ltd	4,439	25.57%	72.56%	1.87%
34	GP PARSIK BANK	3,619	66.87%	32.22%	0.91%
35	Suryoday Small Finance Bank Ltd.	3,210	9.10%	90.53%	0.37%
36	City Union Bank	2,992	8.09%	91.84%	0.07%
37	CHATISGARH R G BANK	2,962	53.51%	43.21%	3.27%
38	Dhanlaxmi Bank Ltd	2,878	70.22%	28.32%	1.46%
39	Janata Sahakari Bank Ltd. Pune	2,658	66.37%	31.64%	1.99%
40	Rajkot Nagrik Sahakari Bank Ltd.	1,919	48.10%	51.59%	0.31%
41	Andhra Pragathi Grameena Bank	1,655	70.03%	27.79%	2.18%
42	Bharat Co-Operative Bank (Mumbai) Ltd.	1,331	19.01%	0.00%	80.99%
43	North East Small Finance Bank Ltd	1,292	22.45%	76.93%	0.62%
44	NSDL Payments Bank	1,229	72.09%	27.58%	0.33%
45	Telangana Grameena bank	1,185	31.22%	11.73%	57.05%
46	Lakshmi Vilas Bank	847	79.69%	20.19%	0.12%
47	SBM Bank India Ltd.	756	22.75%	65.74%	11.51%
48	Shivalik Mercantile Co-operative Bank Ltd	740	30.00%	69.19%	0.81%
49	Nainital Bank	641	86.58%	11.86%	1.56%
50	Apna Sahakari Bank Ltd.	478	93.31%	6.69%	0.00%

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.

AutoPay Banks Performance (Jun'22)

AutoPay Remitter Banks - Mandate Registration (Jun'22)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	11,22,658	91.96%	6.08%	1.96%
2	HDFC BANK LTD	3,56,632	95.42%	4.45%	0.13%
3	Bank of Baroda	2,77,477	82.97%	14.12%	2.92%
4	Paytm Payments Bank	2,64,100	85.76%	14.13%	0.10%
5	Punjab National Bank	2,10,205	92.60%	6.99%	0.42%
6	ICICI Bank	2,02,589	93.51%	5.38%	1.12%
7	Union Bank of India	1,86,490	92.60%	6.83%	0.57%
8	Axis Bank Ltd.	1,76,641	94.35%	5.17%	0.47%
9	Kotak Mahindra Bank	1,68,868	94.44%	5.37%	0.19%
10	Canara Bank	1,65,684	90.02%	9.15%	0.83%
11	Bank of India	1,26,953	92.46%	7.26%	0.28%
12	Indian Bank	1,00,082	94.30%	5.34%	0.36%
13	Central Bank Of India	71,468	99.13%	0.02%	0.85%
14	Federal Bank	65,459	98.79%	0.02%	1.19%
15	Indian Overseas Bank	53,806	56.51%	42.86%	0.64%
16	Bank of Maharashtra	38,110	89.73%	9.09%	1.18%
17	INDUSIND BANK	30,511	91.03%	8.53%	0.43%
18	India Post Payment Bank	25,224	62.11%	9.22%	28.67%
19	Karur Vysya Bank	23,929	75.69%	11.35%	12.95%
20	IDBI Bank Limited	22,749	95.10%	4.16%	0.74%
21	IDFC FIRST Bank	22,679	94.22%	5.56%	0.22%
22	Equitas Bank	22,106	99.78%	0.00%	0.22%
23	Yes Bank Ltd	22,013	82.68%	16.51%	0.80%
24	Jammu and Kashmir Bank	15,229	0.00%	98.58%	1.42%
25	Punjab and Sind Bank	12,871	89.30%	9.84%	0.86%
26	DBS BANK LTD	12,680	94.34%	5.44%	0.22%
27	Saraswat Bank	5,343	31.71%	67.66%	0.64%
28	HSBC	3,316	97.80%	1.81%	0.39%
29	Andhra Pradesh Grameena Vikas Bank	3,197	55.05%	42.88%	2.06%
30	RBL	3,049	89.44%	9.12%	1.44%
31	The Bharat Co-operative Bank (Mumbai) Ltd	1,815	74.77%	14.60%	10.63%
32	Andhra Pragathi Grameena Bank	1,595	71.72%	3.64%	24.64%
33	Kerala Gramin Bank	1,528	92.54%	5.10%	2.36%
34	Dhanlaxmi Bank Ltd	1,432	94.27%	5.38%	0.35%
35	Catholic Syrian Bank	1,092	90.84%	9.07%	0.09%
36	TJSB	1,039	94.03%	3.37%	2.60%
37	Jio Payments Bank	1,002	90.72%	8.58%	0.70%
38	Pragathi Krishna Gramin Bank	1,002	89.32%	7.68%	2.99%
39	NSDL Payments Bank	832	95.31%	4.57%	0.12%
40	Nainital Bank	581	96.39%	2.75%	0.86%
41	GP PARSIK BANK	523	91.78%	6.88%	1.34%
42	Utkarsh Small Finance Bank	444	0.00%	0.00%	100.00%
43	Apna Sahakari Bank Ltd.	400	97.50%	2.25%	0.25%
44	Janata Sahakari Bank Ltd. Pune	374	95.45%	2.67%	1.87%
45	Lakshmi Vilas Bank	302	97.35%	1.32%	1.32%
46	Suryoday Small Finance Bank Ltd.	285	96.49%	3.51%	0.00%
47	Capital Small Finance Bank	265	94.34%	5.28%	0.38%
48	Deutsche Bank	257	100.00%	0.00%	0.00%
49	Rajkot Nagrik Sahakari Bank Ltd.	229	92.14%	6.99%	0.87%
50	North East Small Finance Bank	188	93.62%	6.38%	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 (Jun'22)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	94,82,973	39.81%	57.60%	2.59%
2	Paytm Payments Bank	31,14,957	18.49%	81.45%	0.06%
3	HDFC BANK LTD	24,93,980	66.04%	33.87%	0.09%
4	Bank of Baroda	24,31,134	31.98%	66.97%	1.04%
5	Punjab National Bank	17,77,038	40.68%	59.20%	0.11%
6	Kotak Mahindra Bank	17,09,235	33.64%	65.52%	0.84%
7	ICICI Bank	16,29,327	65.46%	33.98%	0.55%
8	Axis Bank Ltd.	12,28,733	60.48%	39.02%	0.50%
9	Bank of India	12,05,008	37.18%	62.57%	0.24%
10	Canara Bank	10,95,211	41.46%	58.07%	0.47%
11	Union Bank of India	6,78,769	58.32%	40.33%	1.35%
12	Indian Bank	6,28,250	41.45%	58.33%	0.22%
13	Central Bank Of India	5,96,045	37.06%	59.30%	3.64%
14	Federal Bank	5,25,007	30.45%	68.74%	0.81%
15	INDUSIND BANK	2,91,839	41.54%	58.12%	0.34%
16	Indian Overseas Bank	2,84,211	29.51%	69.79%	0.70%
17	Equitas Bank	2,62,880	14.75%	84.27%	0.98%
18	Bank of Maharashtra	2,13,668	48.64%	50.46%	0.89%
19	IDFC FIRST Bank	1,91,220	37.91%	55.23%	6.86%
20	Yes Bank Ltd	1,75,504	42.46%	56.05%	1.48%
21	IDBI Bank Limited	1,67,447	58.89%	40.23%	0.88%
22	Punjab and Sind Bank	1,03,498	33.67%	65.97%	0.36%
23	Karur Vysya Bank	1,02,870	52.52%	46.90%	0.57%
24	HSBC	24,248	80.06%	19.79%	0.15%
25	DBS Bank India Limited	19,226	71.46%	27.31%	1.23%
26	India Post Payment Bank	15,554	40.28%	20.62%	39.10%
27	Pragathi Krishna Gramin Bank	9,281	42.99%	55.36%	1.65%
28	Jio Payments Bank	8,297	15.35%	84.24%	0.41%
29	TJSB Sahakari Bank Ltd	7,633	61.51%	37.52%	0.97%
30	Kerala Gramin Bank	5,522	56.16%	42.59%	1.25%
31	GP PARSIK BANK	3,070	66.22%	33.45%	0.33%
32	RBL	2,910	18.90%	80.69%	0.41%
33	CHATISGARH R G BANK	2,623	53.18%	36.75%	10.06%
34	Dhanlaxmi Bank Ltd	2,303	33.52%	31.74%	34.74%
35	Janata Sahakari Bank Ltd. Pune	2,298	68.93%	29.85%	1.22%
36	Rajkot Nagrik Sahakari Bank Ltd.	2,221	43.58%	56.06%	0.36%
37	Suryoday Small Finance Bank Ltd.	2,033	13.28%	83.96%	2.75%
38	CSB Bank Ltd	1,929	44.58%	52.36%	3.06%
39	Andhra Pradesh Grameena Vikas Bank	1,744	0.00%	0.11%	99.89%
40	Saraswat Bank	1,655	94.38%	5.32%	0.30%
41	Bharat Co-Operative Bank (Mumbai) Ltd.	1,345	17.03%	0.00%	82.97%
42	Andhra Pragathi Grameena Bank	1,136	71.21%	25.79%	2.99%
43	North East Small Finance Bank	1,097	30.26%	69.28%	0.46%
44	Shivalik Mercantile Co-operative Bank Ltd	841	20.57%	79.19%	0.24%
45	NSDL Payments Bank	782	58.31%	41.30%	0.38%
46	Lakshmi Vilas Bank	591	79.19%	18.95%	1.86%
47	Nainital Bank	551	77.31%	21.96%	0.73%
48	SBM Bank India Ltd.	502	32.27%	67.33%	0.40%
49	Apna Sahakari Bank Ltd.	381	94.49%	4.99%	0.52%
50	Deutsche Bank	252	76.59%	19.84%	3.57%

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.

AutoPay Banks Performance (May'22)

AutoPay Remitter Banks - Mandate Registration (May'22)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	1,551,804	93.54%	6.18%	0.27%
2	HDFC Bank Ltd	460,171	94.38%	4.79%	0.83%
3	Bank of Baroda	380,431	85.83%	13.19%	0.98%
4	Punjab National Bank	292,958	92.07%	7.46%	0.48%
5	Paytm Payments Bank	283,053	85.57%	14.36%	0.07%
6	ICICI Bank	264,175	93.69%	6.12%	0.20%
7	Canara Bank	250,329	87.01%	9.41%	3.58%
8	Axis Bank Ltd	241,658	94.23%	5.65%	0.13%
9	Kotak Mahindra Bank	223,559	93.96%	5.63%	0.41%
10	Bank of India	178,432	92.50%	7.41%	0.09%
11	Union Bank of India	164,792	93.82%	6.01%	0.17%
12	Indian Bank	145,404	94.01%	5.53%	0.45%
13	Central Bank Of India	98,632	99.89%	0.04%	0.07%
14	Federal Bank	86,166	99.17%	0.03%	0.80%
15	Indian Overseas Bank	79,176	54.88%	45.01%	0.10%
16	Bank of Maharashtra	51,903	88.50%	10.81%	0.69%
17	IndusInd Bank	42,728	87.06%	12.08%	0.87%
18	IDBI Bank Limited	37,339	95.00%	4.59%	0.41%
19	Karur Vysya Bank	31,200	88.40%	11.16%	0.44%
20	Yes Bank Ltd	29,742	82.67%	17.30%	0.03%
21	IDFC FIRST Bank	28,580	94.52%	5.40%	0.08%
22	Equitas Small Finance Bank	25,280	99.93%	0.00%	0.07%
23	Punjab and Sind Bank	17,585	88.96%	10.92%	0.13%
24	Saraswat Bank	9,230	0.00%	99.72%	0.28%
25	India Post Payment Bank	7,282	0.00%	0.00%	100.00%
26	DBS BANK LTD	6,891	93.69%	5.82%	0.49%
27	RBL Bank	5,217	88.71%	10.68%	0.61%
28	Kerala Gramin Bank	4,059	89.90%	8.23%	1.87%
29	HSBC Bank	3,960	97.07%	2.35%	0.58%
30	Dhanlaxmi Bank Ltd	3,097	93.28%	6.33%	0.39%
31	TJSB Sahakari Bank Ltd	1,547	93.86%	5.24%	0.90%
32	Pragathi Krishna Gramin Bank	1,335	88.76%	9.51%	1.72%
33	Bharat Co-op Bank Mumbai	1,186	84.57%	6.41%	9.02%
34	Apna Sahakari Bank Ltd.	1,079	7.23%	19.46%	73.31%
35	Jio Payments Bank	892	88.79%	10.87%	0.34%
36	NSDL Payments Bank	864	93.40%	6.60%	0.00%
37	Nainital Bank	806	95.78%	4.22%	0.00%
38	Andhra Pradesh Grameena Vikas Bank	760	0.00%	99.21%	0.79%
39	Catholic Syrian Bank	721	63.11%	36.34%	0.55%
40	Utkarsh Small Finance Bank	669	0.00%	0.00%	100.00%
41	GP Parsik Bank	666	93.39%	6.31%	0.30%
42	Janata Sahakari Bank Ltd. Pune	524	95.23%	4.39%	0.38%
43	Andhra Pragathi Grameena Bank	365	0.00%	0.00%	100.00%
44	Suryoday Small Finance Bank Ltd.	312	94.55%	5.45%	0.00%
45	Rajkot Nagrik Sahakari Bank Ltd.	283	89.75%	8.83%	1.41%
46	Capital Small Finance Bank	282	94.68%	5.32%	0.00%
47	DBS Bank India Limited	262	97.33%	2.29%	0.38%
48	Shivalik Mercantile Cooperative Bank Ltd	232	93.10%	6.90%	0.00%
49	North East Small Finance Bank	220	94.55%	4.55%	0.91%
50	A P Mahesh Bank	172	63.37%	36.63%	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 (May'22)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	9,920,276	41.14%	57.71%	1.15%
2	Paytm Payments Bank	3,059,820	18.12%	81.81%	0.06%
3	Bank of Baroda	2,484,093	33.89%	65.74%	0.37%
4	HDFC Bank Ltd	2,419,762	67.80%	32.02%	0.17%
5	Punjab National Bank	1,809,640	40.71%	59.05%	0.23%
6	Kotak Mahindra Bank	1,678,569	34.77%	63.44%	1.80%
7	ICICI Bank	1,614,758	67.44%	32.34%	0.22%
8	Axis Bank Ltd	1,227,399	61.44%	38.39%	0.17%
9	Bank of India	1,211,951	39.04%	60.47%	0.49%
10	Canara Bank	1,108,717	44.41%	52.70%	2.90%
11	Indian Bank	642,590	43.75%	55.68%	0.57%
12	Central Bank Of India	595,000	39.77%	58.64%	1.59%
13	Union Bank of India	572,770	63.30%	36.09%	0.61%
14	Federal Bank	524,862	33.41%	66.19%	0.40%
15	IndusInd Bank	287,103	43.03%	56.13%	0.84%
16	IDBI Bank Limited	248,173	20.70%	68.24%	11.06%
17	Equitas Small Finance Bank	247,893	16.10%	83.27%	0.63%
18	Indian Overseas Bank	243,209	36.31%	63.52%	0.17%
19	Bank of Maharashtra	207,971	52.52%	47.13%	0.35%
20	IDFC FIRST Bank	183,503	42.31%	55.72%	1.97%
21	Yes Bank Ltd	169,403	44.92%	54.83%	0.25%
22	Karur Vysya Bank	108,715	55.12%	44.49%	0.40%
23	Punjab and Sind Bank	105,487	35.65%	64.16%	0.19%
24	HSBC Bank	23,392	81.01%	18.44%	0.55%
25	Pragathi Krishna Gramin Bank	9,222	44.40%	53.32%	2.28%
26	Kerala Gramin Bank	8,621	63.33%	34.93%	1.74%
27	TJSB Sahakari Bank Ltd	8,470	60.63%	38.94%	0.44%
28	DBS Bank Ltd	7,944	80.87%	18.01%	1.12%
29	Jio Payments Bank	7,526	16.02%	83.72%	0.25%
30	Dhanlaxmi Bank Ltd	4,631	0.00%	37.92%	62.08%
31	RBL Bank	4,574	0.00%	99.69%	0.31%
32	Chatisgarh R G Bank	4,158	58.01%	39.73%	2.26%
33	Rajkot Nagrik Sahakari Bank Ltd.	3,453	38.02%	61.86%	0.12%
34	GP Parsik Bank	3,229	64.85%	35.06%	0.09%
35	Janata Sahakari Bank Ltd. Pune	2,555	66.46%	33.39%	0.16%
36	Suryoday Small Finance Bank Ltd.	1,671	21.84%	74.57%	3.59%
37	Bharat Co-Operative Bank (Mumbai) Ltd.	984	15.65%	0.00%	84.35%
38	Shivalik Mercantile Co-operative Bank Ltd	894	27.18%	72.60%	0.22%
39	North East Small Finance Bank Ltd	826	39.59%	60.29%	0.12%
40	NSDL Payments Bank	795	50.31%	49.56%	0.13%
41	Nainital Bank	763	66.58%	31.06%	2.36%
42	CSB Bank Ltd	455	91.65%	7.25%	1.10%
43	DBS Bank India Limited	407	82.06%	16.46%	1.47%
44	SBM Bank India Ltd.	390	33.08%	66.92%	0.00%
45	Capital Small Finance Bank Ltd	263	85.93%	14.07%	0.00%
46	The Adarsh Co-operative Urban Bank Ltd.	190	0.00%	1.58%	98.42%
47	The Ahmedabad Mercantile Co-op Bank Ltd	148	66.22%	32.43%	1.35%
48	A P Mahesh Bank	105	99.05%	0.95%	0.00%
49	Deutsche Bank	104	0.00%	99.04%	0.96%
50	Apna Sahakari Bank Ltd.	78	92.31%	7.69%	0.00%

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.

AutoPay Banks Performance (Apr'22)

AutoPay Remitter Banks - Mandate Registration (Apr'22)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	2,089,663	94.71%	5.05%	0.24%
2	HDFC Bank Ltd	523,513	92.25%	4.21%	3.54%
3	Bank of Baroda	485,977	89.22%	10.73%	0.05%
4	Punjab National Bank	363,838	93.61%	5.90%	0.49%
5	Canara Bank	356,148	76.74%	7.07%	16.19%
6	Paytm Payments Bank	335,321	87.27%	12.70%	0.03%
7	ICICI Bank	305,889	94.05%	5.71%	0.24%
8	Axis Bank Ltd.	300,163	94.63%	5.16%	0.21%
9	Kotak Mahindra Bank	277,436	94.49%	4.82%	0.69%
10	Bank of India	241,013	93.69%	6.05%	0.26%
11	Union Bank of India	185,318	93.14%	6.44%	0.42%
12	Indian Bank	184,091	94.53%	4.86%	0.61%
13	Central Bank Of India	136,872	99.53%	0.01%	0.46%
14	Federal Bank	100,235	99.16%	0.02%	0.82%
15	Indian Overseas Bank	95,110	57.76%	40.85%	1.39%
16	Bank of Maharashtra	72,920	89.70%	8.70%	1.60%
17	IndusInd Bank	52,503	91.07%	7.64%	1.29%
18	IDBI Bank Limited	38,083	91.68%	4.45%	3.87%
19	Karur Vysya Bank	36,770	90.23%	9.59%	0.18%
20	Yes Bank Ltd	35,421	82.14%	17.15%	0.71%
21	IDFC FIRST Bank	35,369	93.40%	4.44%	2.16%
22	Equitas Small Finance Bank	30,079	99.85%	0.00%	0.15%
23	Punjab and Sind Bank	20,710	88.71%	10.94%	0.35%
24	RBL Bank	5,533	86.48%	12.40%	1.12%
25	Kerala Gramin Bank	5,457	90.80%	8.82%	0.38%
26	HSBC Bank	4,340	96.04%	2.58%	1.38%
27	Dhanlaxmi Bank Ltd	3,310	93.90%	5.68%	0.42%
28	TJSB Sahakari Bank Ltd	1,633	86.53%	13.47%	0.00%
29	DBS Bank Ltd	1,599	97.62%	2.07%	0.31%
30	Pragathi Krishna Gramin Bank	1,340	93.13%	6.27%	0.60%
31	Jio Payments Bank	1,005	89.45%	9.85%	0.70%
32	Nainital Bank	858	95.34%	4.66%	0.00%
33	NSDL Payments Bank	789	90.87%	9.13%	0.00%
34	GP Parsik Bank	679	91.02%	8.98%	0.00%
35	Janata Sahakari Bank Ltd. Pune	618	77.67%	22.17%	0.16%
36	Rajkot Nagrik Sahakari Bank Ltd.	333	69.67%	30.33%	0.00%
37	Bharat Co-op Bank Mumbai	325	83.08%	6.46%	10.46%
38	Suryoday Small Finance Bank Ltd.	291	94.16%	5.84%	0.00%
39	Capital Small Finance Bank	238	94.12%	5.88%	0.00%
40	North East Small Finance Bank	226	93.81%	6.19%	0.00%
41	The Ahmedabad Mercantile Co-op Bank Ltd	224	95.54%	4.46%	0.00%
42	Shivalik Mercantile Cooperative Bank Ltd	205	94.63%	5.37%	0.00%
43	A P Mahesh Bank	173	57.23%	42.77%	0.00%
44	State Bank of Mauritius	141	95.74%	4.26%	0.00%
45	The Gujarat State Cooperative Bank	45	91.11%	8.89%	0.00%
46	The Vijay Co-op Bank Ltd.	43	58.14%	41.86%	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 (Apr'22)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	11,129,302	38.57%	59.96%	1.47%
2	Paytm Payments Bank	3,511,807	14.93%	84.95%	0.12%
3	Bank of Baroda	2,794,406	31.56%	67.99%	0.45%
4	HDFC Bank Ltd	2,389,141	65.34%	33.41%	1.25%
5	Punjab National Bank	1,993,237	39.05%	60.68%	0.27%
6	Kotak Mahindra Bank	1,799,681	30.13%	68.09%	1.78%
7	ICICI Bank	1,630,999	66.44%	32.61%	0.95%
8	Bank of India	1,299,409	37.33%	62.00%	0.67%
9	Axis Bank Ltd.	1,288,296	55.68%	43.67%	0.65%
10	Canara Bank	1,189,488	42.49%	56.01%	1.50%
11	Union Bank of India	841,754	28.61%	71.04%	0.35%
12	Central Bank Of India	673,128	37.30%	58.90%	3.80%
13	Indian Bank	671,174	42.79%	56.61%	0.60%
14	Federal Bank	515,325	32.84%	66.96%	0.20%
15	IndusInd Bank	299,076	40.30%	59.43%	0.27%
16	Equitas Small Finance Bank	265,847	14.06%	85.73%	0.21%
17	IDBI Bank Limited	246,828	13.32%	76.44%	10.24%
18	Indian Overseas Bank	224,078	39.87%	59.58%	0.55%
19	Bank of Maharashtra	198,716	56.17%	43.23%	0.60%
20	IDFC FIRST Bank	185,427	40.13%	59.03%	0.84%
21	Yes Bank Ltd	176,600	42.20%	56.89%	0.91%
22	Karur Vysya Bank	110,974	55.15%	44.59%	0.26%
23	Punjab and Sind Bank	104,093	35.44%	64.15%	0.41%
24	HSBC Bank	22,763	82.85%	14.79%	2.36%
25	Kerala Gramin Bank	9,968	67.52%	32.10%	0.38%
26	Pragathi Krishna Gramin Bank	9,194	40.30%	59.19%	0.51%
27	Chatisgarh R G Bank	8,346	44.80%	51.96%	3.24%
28	Jio Payments Bank	8,314	14.16%	85.68%	0.16%
29	Dhanlaxmi Bank Ltd	8,132	0.00%	61.24%	38.76%
30	TJSB Sahakari Bank Ltd	7,915	61.79%	38.11%	0.10%
31	RBL Bank	4,845	0.00%	99.75%	0.25%
32	GP PARSIK BANK	4,119	57.15%	42.73%	0.12%
33	DBS Bank India Limited	1,640	92.20%	7.68%	0.12%
34	Suryoday Small Finance Bank Ltd.	1,408	24.64%	73.23%	2.13%
35	Nainital Bank	853	62.37%	37.63%	0.00%
36	Shivalik Mercantile Co-operative Bank Ltd	754	33.95%	65.92%	0.13%
37	NSDL Payments Bank	714	50.84%	49.02%	0.14%
38	North East Small Finance Bank Ltd	672	45.98%	53.72%	0.30%
39	Janata Sahakari Bank Ltd. Pune	641	90.80%	9.20%	0.00%
40	SBM Bank India Ltd.	452	21.90%	75.67%	2.43%
41	Rajkot Nagrik Sahakari Bank Ltd.	438	81.74%	18.26%	0.00%
42	Bharat Co-Operative Bank (Mumbai) Ltd.	262	100.00%	0.00%	0.00%
43	Capital Small Finance Bank Ltd	218	87.61%	12.39%	0.00%
44	The Ahmedabad Mercantile Cooperative Bank Ltd	216	46.30%	52.77%	0.93%
45	A P Mahesh Bank	95	97.89%	2.11%	0.00%
46	The Karnavati Coop Bank Ltd	39	64.10%	35.90%	0.00%
47	The Vijay Cooperative Bank Ltd.	26	50.00%	50.00%	0.00%
48	Mann Deshi Mahila Sahakari Bank. Ltd.	5	80.00%	20.00%	0.00%
49	Saibaba Nagari Sahakari Bank Maryadit Sailu	2	100.00%	0.00%	0.00%
50	Patan Nagarik Sahakari Bank Ltd	2	100.00%	0.00%	0.00%

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.

AutoPay Banks Performance (Mar'22)

AutoPay Remitter Banks - Mandate Registration (Mar'22)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	1,533,187	93.82%	6.07%	0.11%
2	HDFC Bank Ltd	439,591	91.96%	4.83%	3.21%
3	Bank of Baroda	379,776	86.32%	13.59%	0.09%
4	Punjab National Bank	302,754	92.27%	6.86%	0.87%
5	Paytm Payments Bank	287,576	87.01%	12.76%	0.23%
6	ICICI Bank	275,879	93.11%	6.14%	0.75%
7	Axis Bank Ltd	254,012	93.43%	6.09%	0.48%
8	Canara Bank	234,103	86.52%	8.22%	5.26%
9	Kotak Mahindra Bank	219,200	94.14%	5.46%	0.40%
10	Bank of India	175,519	92.48%	7.18%	0.34%
11	Union Bank of India	159,226	91.82%	7.18%	1.00%
12	Indian Bank	133,612	91.26%	6.68%	2.06%
13	Central Bank Of India	101,216	99.48%	0.01%	0.51%
14	Federal Bank	75,655	99.68%	0.02%	0.30%
15	Indian Overseas Bank	59,554	48.68%	50.68%	0.64%
16	Bank of Maharashtra	44,390	90.59%	8.46%	0.95%
17	IndusInd Bank	41,727	90.67%	8.75%	0.58%
18	IDBI Bank Limited	40,957	93.85%	4.97%	1.18%
19	IDFC FIRST Bank	27,997	94.60%	5.28%	0.12%
20	Yes Bank Ltd	27,887	80.51%	17.95%	1.54%
21	Karur Vysya Bank	26,082	87.17%	11.04%	1.79%
22	Equitas Small Finance Bank	24,079	99.51%	0.00%	0.49%
23	Punjab and Sind Bank	17,234	90.85%	8.92%	0.23%
24	Saraswat Bank	10,225	0.00%	99.85%	0.15%
25	Kerala Gramin Bank	7,039	91.52%	8.45%	0.03%
26	RBL Bank	6,357	84.19%	15.57%	0.24%
27	HSBC	4,150	96.55%	2.29%	1.16%
28	TJSB Bank	2,291	66.61%	31.56%	1.83%
29	Dhanlaxmi Bank Ltd	2,142	92.25%	7.66%	0.09%
30	Pragathi Krishna Gramin Bank	1,467	90.25%	8.93%	0.82%
31	Apna Sahakari Bank Ltd.	1,174	0.00%	28.36%	71.64%
32	GP Parsik Bank	994	65.90%	33.80%	0.30%
33	Nainital Bank	992	94.46%	5.34%	0.20%
34	NSDL Payments Bank	895	90.95%	8.60%	0.45%
35	Jio Payments Bank	842	90.74%	8.78%	0.48%
36	Janata Sahakari Bank Ltd. Pune	726	64.46%	35.54%	0.00%
37	Utkarsh Small Finance Bank Ltd	681	0.00%	0.00%	100.00%
38	Shivalik Small Finance Bank	394	44.67%	4.06%	51.27%
39	Rajkot Nagrik Sahakari Bank Ltd.	358	60.34%	39.38%	0.28%
40	Suryoday Small Finance Bank Ltd.	270	94.81%	4.82%	0.37%
41	North East Small Finance Bank	253	0.00%	0.00%	100.00%
42	Bharat Co-op Bank Mumbai	239	86.61%	7.11%	6.28%
43	A P Mahesh Bank	225	54.67%	44.89%	0.44%
44	DBS Bank Ltd	211	90.05%	2.37%	7.58%
45	The Ahmedabad Mercantile Co-op Bank Ltd	204	96.08%	3.92%	0.00%
46	Capital Small Finance Bank	199	93.97%	5.02%	1.01%
47	State Bank of Mauritius	180	95.56%	4.44%	0.00%
48	The Vijay Co-op Bank Ltd	42	95.24%	100.00%	0.00%
49	The Gujarat State Co-operative Bank	35	80.00%	100.00%	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'22)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	10,640,396	33.04%	66.08%	0.88%
2	Paytm Payments Bank	3,813,009	11.82%	87.59%	0.59%
3	Bank of Baroda	2,829,950	25.79%	73.90%	0.31%
4	HDFC Bank Ltd	2,251,870	61.51%	38.18%	0.31%
5	Punjab National Bank	1,915,607	35.77%	63.60%	0.63%
6	Kotak Mahindra Bank	1,753,455	24.26%	74.43%	1.31%
7	ICICI Bank	1,589,706	62.96%	36.65%	0.39%
8	Bank of India	1,247,882	31.84%	67.80%	0.36%
9	Axis Bank Ltd	1,174,435	53.41%	46.37%	0.22%
10	Canara Bank	1,109,233	36.29%	62.81%	0.90%
11	Union Bank of India	759,675	15.85%	83.48%	0.67%
12	Central Bank Of India	612,693	32.96%	64.66%	2.38%
13	Indian Bank	561,655	37.37%	60.50%	2.13%
14	Federal Bank	444,624	28.81%	71.04%	0.15%
15	IndusInd Bank	282,265	35.51%	63.23%	1.26%
16	Equitas Small Finance Bank	247,399	10.88%	88.47%	0.65%
17	IDBI Bank Limited	227,080	15.93%	73.73%	10.34%
18	Yes Bank Ltd	174,841	36.75%	63.11%	0.14%
19	IDFC FIRST Bank	174,038	31.54%	67.25%	1.21%
20	Bank of Maharashtra	154,272	50.50%	48.95%	0.55%
21	Indian Overseas Bank	137,680	43.04%	52.11%	4.85%
22	Punjab and Sind Bank	100,695	33.10%	66.55%	0.35%
23	Karur Vysya Bank	96,769	48.23%	51.36%	0.41%
24	HSBC Bank	20,716	80.59%	17.41%	2.00%
25	Chatisgarh R G Bank	11,178	0.80%	67.89%	31.31%
26	Kerala Gramin Bank	9,447	67.70%	31.86%	0.44%
27	Pragathi Krishna Gramin Bank	8,711	36.92%	60.66%	2.42%
28	Jio Payments Bank	8,436	10.16%	89.26%	0.58%
29	RBL Bank	5,385	0.02%	99.94%	0.04%
30	Dhanlaxmi Bank Ltd	2,896	67.47%	25.93%	6.60%
31	GP Parsik Bank	1,998	62.11%	37.44%	0.45%
32	TJSB Sahakari Bank Ltd	1,503	98.74%	1.06%	0.20%
33	Suryoday Small Finance Bank Ltd.	1,065	27.04%	71.18%	1.78%
34	Nainital Bank	943	61.29%	37.65%	1.06%
35	NSDL Payments Bank	814	53.32%	46.07%	0.61%
36	SBM Bank India Ltd.	566	24.38%	75.09%	0.53%
37	North East Small Finance Bank Ltd	467	61.24%	38.33%	0.43%
38	Janata Sahakari Bank Ltd. Pune	465	99.57%	0.43%	0.00%
39	Shivalik Small Finance Bank	250	50.00%	48.00%	2.00%
40	The Adarsh Co-operative Urban Bank Ltd.	220	0.00%	0.91%	99.09%
41	Rajkot Nagrik Sahakari Bank Ltd.	212	99.53%	0.47%	0.00%
42	Bharat Co-Operative Bank (Mumbai) Ltd.	187	99.47%	0.00%	0.53%
43	DBS Bank India Limited	186	95.16%	4.84%	0.00%
44	Capital Small Finance Bank Ltd	185	89.73%	8.65%	1.62%
45	A P Mahesh Bank	119	96.64%	1.68%	1.68%
46	The Vijay Cooperative Bank Ltd.	37	59.46%	40.54%	0.00%
47	Patan Nagarik Sahakari Bank Ltd	9	33.33%	66.67%	0.00%

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.

AutoPay Banks Performance (Feb'22)

AutoPay Remitter Banks - Mandate Registration (Feb'22)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	13,36,570	93.40%	6.21%	0.39%
2	HDFC BANK LTD	4,17,545	92.92%	4.79%	2.29%
3	Bank of Baroda	3,41,330	85.74%	13.88%	0.38%
4	Paytm Payments Bank	2,82,675	86.50%	11.52%	1.98%
5	Punjab National Bank	2,75,435	91.00%	6.92%	2.08%
6	ICICI Bank	2,62,778	93.25%	6.29%	0.46%
7	Axis Bank Ltd.	2,39,503	93.32%	6.13%	0.55%
8	Kotak Mahindra Bank	2,09,378	93.65%	5.47%	0.88%
9	Canara Bank	1,97,270	92.00%	7.15%	0.85%
10	Union Bank of India	1,66,906	91.81%	7.61%	0.58%
11	Bank of India	1,55,998	90.73%	7.55%	1.72%
12	Indian Bank	1,21,574	89.60%	5.66%	4.74%
13	Central Bank Of India	87,181	99.68%	0.01%	0.31%
14	Federal Bank	65,176	99.26%	0.03%	0.71%
15	Bank of Maharashtra	41,734	91.23%	8.21%	0.56%
16	IDBI Bank Limited	39,705	94.62%	5.03%	0.35%
17	Indian Overseas Bank	39,621	50.11%	48.63%	1.26%
18	INDUSIND BANK	38,141	91.45%	8.16%	0.39%
19	Equitas Bank	26,911	99.56%	0.00%	0.44%
20	Yes Bank Ltd	26,453	81.75%	17.21%	1.04%
21	Karur Vysya Bank	24,493	86.72%	11.91%	1.37%
22	IDFC FIRST Bank	22,576	91.86%	5.23%	2.91%
23	Punjab and Sind Bank	16,574	85.37%	12.30%	2.33%
24	Saraswat Bank	9,734	0.00%	99.13%	0.87%
25	RBL	6,024	87.67%	11.92%	0.41%
26	Kerala Gramin Bank	4,533	92.06%	7.77%	0.17%
27	HSBC	4,102	97.20%	2.29%	0.51%
28	TJSB	1,843	63.81%	35.21%	0.98%
29	Dhanlaxmi Bank Ltd	1,553	92.08%	7.66%	0.26%
30	Pragathi Krishna Gramin Bank	1,387	91.56%	6.93%	1.51%
31	Apna Sahakari Bank Ltd.	1,141	0.00%	27.87%	72.13%
32	NSDL Payments Bank	1,116	93.64%	6.18%	0.18%
33	GP PARSIK BANK	945	59.05%	40.11%	0.84%
34	Nainital Bank	922	94.25%	5.53%	0.22%
35	Jio Payments Bank	696	86.93%	11.49%	1.58%
36	Janata Sahakari Bank Ltd. Pune	634	64.20%	35.33%	0.47%
37	Utkarsh Small Finance Bank	477	13.63%	2.31%	84.06%
38	Shivalik Small Finance Bank	432	0.00%	0.00%	100.00%
39	Rajkot Nagrik Sahakari Bank Ltd.	315	59.68%	39.37%	0.95%
40	State Bank of Mauritius	266	96.24%	3.76%	0.00%
41	A P Mahesh Bank	255	44.71%	55.29%	0.00%
42	North East Small Finance Bank	241	88.80%	10.37%	0.83%
43	The Ahmedabad Mercantile Cooperative Bank Ltd	229	91.70%	8.30%	0.00%
44	Suryoday Small Finance Bank Ltd.	228	96.49%	3.51%	0.00%
45	Capital Small Finance Bank	156	98.08%	1.28%	0.64%
46	The Vijay Co-operative Bank Limited	50	84.00%	16.00%	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'22)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	85,18,923	34.90%	62.85%	2.25%
2	Paytm Payments Bank	29,54,695	12.65%	86.94%	0.41%
3	Bank of Baroda	22,21,653	28.09%	71.16%	0.75%
4	HDFC BANK LTD	18,56,133	63.96%	35.89%	0.15%
5	Punjab National Bank	15,16,844	38.64%	60.56%	0.80%
6	Kotak Mahindra Bank	13,34,576	26.54%	72.42%	1.04%
7	ICICI Bank	13,19,866	65.71%	33.99%	0.30%
8	Axis Bank Ltd.	9,94,434	52.67%	46.96%	0.37%
9	Bank of India	9,26,646	35.24%	62.77%	1.99%
10	Canara Bank	8,65,691	39.99%	59.74%	0.27%
11	Union Bank of India	5,44,149	21.32%	76.30%	2.38%
12	Central Bank Of India	4,66,565	35.66%	62.14%	2.20%
13	Indian Bank	3,68,000	44.40%	50.80%	4.80%
14	Federal Bank	2,94,584	33.84%	65.66%	0.50%
15	INDUSIND BANK	2,18,533	39.27%	60.10%	0.63%
16	Equitas Bank	1,89,955	14.16%	85.63%	0.21%
17	IDBI Bank Limited	1,50,922	22.63%	63.62%	13.75%
18	IDFC FIRST Bank	1,35,792	35.92%	63.24%	0.84%
19	Bank of Maharashtra	1,23,410	54.79%	44.78%	0.43%
20	Yes Bank Ltd	1,19,778	40.62%	59.01%	0.37%
21	Indian Overseas Bank	76,694	24.36%	71.90%	3.74%
22	Karur Vysya Bank	76,231	53.67%	45.95%	0.38%
23	Punjab and Sind Bank	72,728	37.28%	61.72%	1.00%
24	HSBC	18,082	80.81%	18.10%	1.09%
25	Kerala Gramin Bank	5,992	69.36%	30.11%	0.53%
26	Jio Payments Bank	5,990	11.40%	88.00%	0.60%
27	RBL	5,177	0.02%	99.81%	0.17%
28	Pragathi Krishna Gramin Bank	5,109	44.29%	53.85%	1.86%
29	Dhanlaxmi Bank Ltd	1,585	91.10%	8.21%	0.69%
30	TJSB	1,137	99.47%	0.35%	0.18%
31	NSDL Payments Bank	1,016	51.08%	48.82%	0.10%
32	Nainital Bank	840	65.71%	31.91%	2.38%
33	SBM Bank India Ltd.	599	28.88%	64.61%	6.51%
34	Suryoday Small Finance Bank Ltd.	551	41.92%	57.72%	0.36%
35	GP PARSIK BANK	532	97.56%	2.44%	0.00%
36	Janata Sahakari Bank Ltd. Pune	373	100.00%	0.00%	0.00%
37	North East Small Finance Bank Ltd	219	81.74%	18.26%	0.00%
38	The Ahmedabad Mercantile Cooperative Bank Ltd	211	66.35%	32.70%	0.95%
39	Rajkot Nagrik Sahakari Bank Ltd.	188	99.47%	0.53%	0.00%
40	The Adarsh Co-operative Urban Bank Ltd.	169	0.00%	1.18%	98.82%
41	Capital Small Finance Bank Ltd	153	94.12%	5.23%	0.65%
42	Utkarsh Small Finance Bank	130	30.00%	69.23%	0.77%
43	A P Mahesh Bank	105	98.10%	1.90%	0.00%
44	The Vijay Cooperative Bank Ltd.	36	77.78%	19.44%	2.78%
45	Saibaba Nagari Sahakari Bank Maryadit	5	100.00%	0.00%	0.00%
46	Mann Deshi Mahila Sahakari Bank. Ltd.	5	100.00%	0.00%	0.00%
47	Patan Nagarik Sahakari Bank Ltd	4	25.00%	75.00%	0.00%
48	India Post Payment Bank	2	0.00%	100.00%	0.00%
49	The Godhra Urban Cooperative Bank Ltd	1	100.00%	0.00%	0.00%

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.

AutoPay Banks Performance (Jan'22)

AutoPay Remitter Banks - Mandate Registration (Jan'22)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	16,36,637	93.08%	6.30%	0.62%
2	HDFC Bank Ltd.	5,36,389	94.85%	4.94%	0.21%
3	Bank of Baroda	4,11,987	86.15%	13.57%	0.28%
4	ICICI Bank	3,52,863	93.73%	6.11%	0.16%
5	Punjab National Bank	3,43,636	92.87%	6.84%	0.29%
6	Union Bank of India	3,32,344	90.69%	8.29%	1.02%
7	Paytm Payments Bank	3,21,597	84.40%	12.56%	3.04%
8	Axis Bank Ltd.	2,97,317	93.78%	6.20%	0.02%
9	Kotak Mahindra Bank	2,67,570	85.17%	5.45%	9.38%
10	Canara Bank	2,41,971	92.10%	7.09%	0.81%
11	Bank of India	1,93,904	91.02%	7.38%	1.60%
12	Indian Bank	1,30,411	93.35%	5.67%	0.98%
13	Central Bank Of India	1,08,783	98.82%	0.02%	1.16%
14	Indian Overseas Bank	74,464	48.36%	51.16%	0.48%
15	Federal Bank	63,224	98.77%	0.01%	1.22%
16	Bank of Maharashtra	53,540	90.27%	9.05%	0.68%
17	IDBI Bank Limited	50,828	93.94%	5.22%	0.84%
18	IndusInd Bank	47,381	91.38%	8.30%	0.32%
19	Yes Bank Ltd	34,905	81.57%	17.50%	0.93%
20	Karur Vysya Bank	32,468	87.77%	10.78%	1.45%
21	Equitas Small Finance Bank	32,403	99.81%	0.00%	0.19%
22	IDFC First Bank	27,634	90.86%	4.69%	4.45%
23	Punjab and Sind Bank	21,102	91.69%	8.21%	0.10%
24	Saraswat Bank	13,351	0.00%	99.66%	0.34%
25	RBL Bank	8,658	86.86%	12.91%	0.23%
26	HSBC	5,661	96.34%	2.58%	1.08%
27	TJSB Sahakari Bank Ltd	2,622	62.32%	37.41%	0.27%
28	Pragathi Krishna Gramin Bank	1,752	90.13%	8.96%	0.91%
29	Dhanlaxmi Bank Ltd	1,606	74.84%	25.04%	0.12%
30	Kerala Gramin Bank	1,583	91.98%	7.58%	0.44%
31	Apna Sahakari Bank Ltd.	1,541	0.00%	32.51%	67.49%
32	NSDL Payments Bank	1,321	92.13%	7.87%	0.00%
33	GP Parsik Bank	1,259	56.24%	43.36%	0.40%
34	Nainital Bank	1,255	94.34%	5.42%	0.24%
35	Jio Payments Bank	939	92.23%	7.56%	0.21%
36	Janata Sahakari Bank Ltd. Pune	891	63.41%	36.48%	0.11%
37	Shivalik Small Finance Bank	557	0.00%	0.00%	100.00%
38	Utkarsh Small Finance Bank	555	91.89%	8.11%	0.00%
39	Rajkot Nagrik Sahakari Bank Ltd.	397	61.71%	38.29%	0.00%
40	Suryoday Small Finance Bank Ltd.	389	92.80%	5.14%	2.06%
41	State Bank of Mauritius	349	96.28%	3.15%	0.57%
42	North East Small Finance Bank	337	86.05%	8.91%	5.04%
43	A P Mahesh Bank	325	60.62%	39.38%	0.00%
44	The Ahmedabad Mercantile Co-op Bank Ltd	202	95.54%	4.46%	0.00%
45	Capital Small Finance Bank	174	97.13%	2.87%	0.00%
46	The Vijay Co-operative Bank Ltd	21	100.00%	0.00%	0.00%
47	The Gujarat State Cooperative Bank	20	90.00%	10.00%	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'22)
Sr. No.	Remitter Bank	Total Volume	Approved%	BD%	TD%
1	State Bank Of India	87,68,502	35.77%	63.09%	1.14%
2	Paytm Payments Bank	30,40,784	12.12%	87.34%	0.54%
3	Bank of Baroda	23,00,065	28.29%	71.30%	0.41%
4	HDFC Bank Ltd.	18,77,591	65.32%	34.39%	0.29%
5	Punjab National Bank	16,11,775	38.97%	60.67%	0.36%
6	Kotak Mahindra Bank	13,79,180	25.00%	59.88%	15.12%
7	ICICI Bank	13,42,260	66.55%	33.29%	0.16%
8	Axis Bank Ltd.	9,95,749	56.04%	43.87%	0.09%
9	Bank of India	8,76,694	36.45%	62.63%	0.92%
10	Canara Bank	8,71,604	40.54%	59.07%	0.39%
11	Union Bank of India	7,61,844	39.55%	59.57%	0.88%
12	Central Bank Of India	4,45,507	37.75%	58.90%	3.35%
13	Indian Bank	2,73,938	54.08%	41.05%	4.87%
14	Federal Bank	2,35,940	36.56%	62.86%	0.58%
15	IndusInd Bank	2,20,406	40.17%	59.44%	0.39%
16	Equitas Small Finance Bank	1,85,084	14.04%	85.66%	0.30%
17	IDBI Bank Limited	1,75,737	24.62%	62.67%	12.71%
18	Indian Overseas Bank	1,42,670	23.24%	76.56%	0.20%
19	Bank of Maharashtra	1,32,618	51.11%	48.36%	0.53%
20	IDFC First Bank	1,31,138	38.09%	60.56%	1.35%
21	Yes Bank Ltd	1,08,403	39.84%	59.88%	0.28%
22	Karur Vysya Bank	81,071	52.41%	39.34%	8.25%
23	Punjab and Sind Bank	52,243	52.57%	46.99%	0.44%
24	HSBC	18,088	81.70%	18.03%	0.27%
25	RBL Bank	7,233	0.00%	99.96%	0.04%
26	Pragathi Krishna Gramin Bank	6,339	41.60%	57.66%	0.74%
27	Jio Payments Bank	5,912	14.28%	85.20%	0.52%
28	Kerala Gramin Bank	3,747	57.49%	41.76%	0.75%
29	SBM Bank India Ltd.	1,573	13.03%	71.84%	15.13%
30	TJSB Sahakari Bank Ltd	1,568	99.04%	0.96%	0.00%
31	NSDL Payments Bank	1,197	57.14%	42.69%	0.17%
32	Nainital Bank	1,149	64.75%	32.38%	2.87%
33	Utkarsh Small Finance Bank	1,125	26.31%	73.60%	0.09%
34	Dhanlaxmi Bank Ltd	1,117	93.73%	6.18%	0.09%
35	GP Parsik Bank	682	97.95%	1.90%	0.15%
36	Janata Sahakari Bank Ltd. Pune	551	99.64%	0.00%	0.36%
37	Suryoday Small Finance Bank Ltd.	399	23.06%	76.19%	0.75%
38	The Adarsh Co-operative Urban Bank Ltd.	288	0.00%	2.78%	97.22%
39	North East Small Finance Bank Ltd	284	63.38%	33.45%	3.17%
40	Rajkot Nagrik Sahakari Bank Ltd.	235	97.02%	2.98%	0.00%
41	A P Mahesh Bank	190	99.47%	0.53%	0.00%
42	The Ahmedabad Mercantile Cooperative Bank Ltd	187	70.05%	29.42%	0.53%
43	Capital Small Finance Bank Ltd	156	83.97%	10.26%	5.77%
44	The Vijay Cooperative Bank Ltd.	84	35.71%	64.29%	0.00%
45	Patan Nagarik Sahakatri Bank Ltd	9	33.33%	66.67%	0.00%
46	The Karnavati Coop Bank Ltd.	8	75.00%	25.00%	0.00%
47	Saibaba Nagari Sahakari Bank Maryadit Sailu	7	71.43%	28.57%	0.00%
48	Mann Deshi Mahila Sahakari Bank. Ltd.	5	80.00%	20.00%	0.00%
49	Ujjivan Small Finance Bank	1	0.00%	0.00%	100.00%
50	ESAF Small Finance Bank Ltd.	1	0.00%	0.00%	100.00%
51	AU small Finance Bank	1	0.00%	100.00%	0.00%

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.

Ecosystem Statistics

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AutoPay Banks Performance (July'25)

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AutoPay Banks Performance (Jun'25)

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AutoPay Banks Performance (May'25)

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AutoPay Banks Performance (Apr'25)

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AutoPay Banks Performance (Mar'25)

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AutoPay Banks Performance (Feb'25)

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AutoPay Banks Performance (Jan'25)

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AutoPay Banks Performance (Dec'24)

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AutoPay Banks Performance (Nov'24)

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