Archive · 18 Aug 2025
SBI: Maharashtra Leads UPI Usage, Transactions Surge
UPI, or Unified Payments Interface, is a popular way to pay using phones in India.
It's growing quickly!
The total amount of money used on UPI is increasing, reaching about ₹90,000 crore daily in August 2025.
Maharashtra uses UPI the most, followed by other states like Karnataka and Uttar Pradesh.
PhonePe, Google Pay, and Paytm are the most used apps.
People are choosing UPI over cash more and more.
SBI is the top bank in UPI transactions.
It shows that digital payments are becoming very important in India.
Maharashtra leads in UPI usage, followed by Karnataka, UP, Telangana, and Tamil Nadu.
Average daily UPI transaction value rose to ₹90,446 crore in August 2025.
PhonePe is the most used UPI app, followed by Google Pay and Paytm.
SBI is the top remitter bank with 5.2 billion transactions.
UPI's share in retail demand has increased from 40% in November 2019 to 91% in May 2025.
- Who
- State Bank of India (SBI)
- What
- UPI transactions are increasing in value and volume.
- When
- From January to August 2025.
- Where
- India
- Why
- To highlight the growth of digital payments and state-wise data.
UPI Trends
UPI Trends
Potential Hindrance
UPI Trends
Increased Concentration of transactions among TPAPs might stifle India centric fintech innovation.
UPI Trends
N/A
- Report Publisher
- State Bank of India (SBI)
- Average Daily Value (January 2025)
- ₹75,743 crore
- Average Daily Value (August 2025)
- ₹90,446 crore
- Leading States by UPI Usage
- Maharashtra, Karnataka, UP, Telangana, Tamil Nadu
- Top UPI App
- PhonePe
- Top Remitter Bank
- SBI
Sources
India needs a 'Desi Counter Intuitive UPI App' to truly leverage data: SBI Report
UPI transactions surge in 2025, daily average value crosses ₹90,000 crore in August: Report
Maharashtra tops UPI usage followed by Karnataka, UP, TN: SBI’s ERD
