India's RTGS system settled 3.25 crore transactions in September. Those transactions carried Rs 235.71 lakh crore of value. NEFT processed 86.2 crore transactions in the same month. The NEFT value was Rs 46.75 lakh crore. IMPS handled 35.40 crore transactions. Those IMPS transactions carried Rs 7.05 lakh crore.
UPI processed 2,407 crore transactions in September 2026. Those UPI transactions carried Rs 29.37 lakh crore. RTGS therefore moved about eight times UPI's value on roughly one transaction for every 740 that UPI handled. The average RTGS payment works out to about Rs 72 lakh, against roughly Rs 1,220 on UPI.
NEFT's average ticket comes to about Rs 54,000. The IMPS average comes to about Rs 19,900. Both sit between UPI's retail flows and RTGS large-value settlement. UPI's August daily average was about 791 million transactions. A 30-day September against a 31-day August implies a 3.2 percent reduction in monthly count, more than the 1.8 percent decline recorded.
UPI's average daily value was Rs 97,913 crore in September. The August average was Rs 96,205 crore. NPCI postponed the 0.4 percent fee on eligible merchant transactions above Rs 2,000 that was due to start on 15 October. The operator did not specify a new date and said the rollout will take place after Diwali.