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How many NEFT transactions happen in India each month?

India's banks sent 8,620.93 lakh NEFT transactions (about 86.21 crore) in September 2026, worth ₹46,75,237 crore, according to the RBI, 2.6% more than the 8,403.21 lakh in September 2025. That is 2.3% fewer than the 8,825.02 lakh in August 2026. The average NEFT transfer was about ₹54,231.

Source · RBI, figure for September 2026 · checked

Apr 2026: 8,330.47 lakh8,330.47 May 2026: 8,496.29 lakh8,496.29May 2026 Jun 2026: 8,582.3 lakh8,582.3 Jul 2026: 8,970.05 lakh8,970.05Jul 2026 Aug 2026: 8,825.02 lakh8,825.02 Sep 2026: 8,620.93 lakh8,620.93Sep 2026
NEFT transactions per month (lakh)

History

PeriodValue (lakh)
Sep 20268,620.93
Aug 20268,825.02
Jul 20268,970.05
Jun 20268,582.3
May 20268,496.29
Apr 20268,330.47
8,620.93 lakh
NEFT transactions in the month · September 2026
Range
8,330.47 to 8,970.05 lakh a month, April to September 2026
Confidence
High: an official count
Last checked

The low is April 2026 (8,330.47 lakh) and the high is July 2026 (8,970.05 lakh). 8,620.93 lakh is about 86.21 crore transactions. RBI figures are provisional.

The figures side by side

MeasureFigureSource
NEFT transactions, September 20268,620.93 lakhRBI, September 2026
NEFT value, September 2026₹46,75,237 croreRBI, September 2026
NEFT transactions, September 20258,403.21 lakhRBI, September 2026 page
NEFT transactions, August 20268,825.02 lakhRBI, August 2026
NEFT transactions, FY 2025-261,00,996.15 lakhRBI, September 2026 page

How we got this number

  1. Open the RBI's 'Payment System Indicators - September 2026' page and read the row '2.5 NEFT' under 'Credit Transfers - Retail': 8,620.93 lakh transactions and ₹46,75,237 crore in September 2026.
  2. Compare with the same row for September 2025 (8,403.21 lakh) and August 2026 (8,825.02 lakh), which are columns on the same page.
  3. Put it next to earlier months from the RBI's monthly pages: 8,330.47 lakh in April, 8,496.29 in May, 8,582.30 in June and 8,970.05 in July 2026.
  4. Divide the value by the volume for the average transfer: ₹46,75,237 crore over 8,620.93 lakh transactions is about ₹54,231.

What this number does not tell you

  • RBI marks the monthly payment figures provisional; later releases can revise them.
  • The figure counts NEFT credit transfers only. UPI (240,683.80 lakh transactions worth ₹29,37,397 crore in the month) and IMPS are separate rows on the same page.
  • RBI shows NEFT value in ₹ crore and volume in lakh.
  • For the full year 2025-26 the RBI page shows 100,996.15 lakh NEFT transactions worth ₹5,02,26,505 crore.

Sources

  1. RBI, Payment System Indicators - September 2026, September 2026 data; page updated 31 Oct 2026Payment System Indicators - September 2026. FY 2025-26, 2025 September, 2026 August, 2026 September. 2.5 NEFT 100996.15 8403.21 8825.02 8620.93 50226505 4265310 4408552 4675237
  2. RBI, Payment System Indicators - August 2026, August 2026 data; page updated 31 Oct 2026Payment System Indicators - August 2026. 2.5 NEFT 100996.15 8288.60 8970.05 8825.02 50226505 3785260 4661076 4408552
  3. RBI, Payment System Indicators - July 2026, July 2026 data; page updated 31 Oct 2026Payment System Indicators - July 2026. 2.5 NEFT 100996.15 8500.14 8582.30 8970.05 50226505 3993960 4453677 4661076
  4. RBI, Payment System Indicators - June 2026, June 2026 data; page updated 31 Oct 2026Payment System Indicators - June 2026. 2.5 NEFT 100996.15 7920.52 8496.29 8582.30 50226505 3764742 4232611 4453677
  5. RBI, Payment System Indicators - May 2026, May 2026 data; page updated 31 Oct 2026Payment System Indicators - May 2026. 2.5 NEFT 100996.15 8215.47 8330.47 8496.29 50226505 3793103 4424471 4232611
  6. RBI, Payment System Indicators - September 2026 (UPI row, for comparison), September 2026 data; page updated 31 Oct 2026Payment System Indicators - September 2026. 2.6 UPI @ 2416168.86 196334.33 245089.58 240683.80 31423250 2489737 2982356 2937397

Worked out by us: 86.21 (8,620.93 lakh transactions (RBI, September 2026) divided by 100 to give crore, rounded to two decimals); 2.6 (8,620.93 lakh (September 2026) divided by 8,403.21 lakh (September 2025), minus 1, as a percentage, rounded to one decimal); 2.3 (8,620.93 lakh (September 2026) divided by 8,825.02 lakh (August 2026), minus 1; a fall of 2.3%, rounded to one decimal); 54231 (₹46,75,237 crore multiplied by 100 (to ₹ lakh) and divided by 8,620.93 lakh transactions gives ₹54,231 per transaction, rounded to the nearest rupee).

Questions people ask

How many NEFT transactions were there in September 2026?

8,620.93 lakh (about 86.21 crore), worth ₹46,75,237 crore, according to the RBI. That is 2.6% more than September 2025.

How many NEFT transactions were there in the whole of 2025-26?

The RBI page shows 100,996.15 lakh NEFT transactions for FY 2025-26, worth ₹5,02,26,505 crore.

How does NEFT compare with UPI?

In September 2026 UPI carried 240,683.80 lakh transactions in the RBI table, against 8,620.93 lakh for NEFT. NEFT moves far fewer payments but a larger amount per payment.

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This figure is from RBI's own release or a report quoting it. We recheck it monthly. If you have a newer or better source, send it to us.

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