Payments Banks in India 2023



Payments Banks in India – Hello Friends! Welcome to the blog. And in today’s article we will know about “List of Payments Banks in India 2023”. If you are from India then you must know that how much operation of Digital Payments Bank has increased in India today.


And in such a situation, there is not one but many digital payment banks in India. About which I am going to tell you today. Ever since the Government of India has launched the UPI system in India. Since then people have already started making payments more than 500 times. And now even in banks, there is no line to withdraw money or send it anywhere.

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After the arrival of UPI, many platforms have come UPI Base. But there were also some platforms which were already working in this area. Of which PayTM is also one. But now many Payments Banks have been launched in India. So let us know about all these in detail below.

Payments Banks in India
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List of Payments Banks in India 2023

Bank NameYear of EstablishmentHeadquarters
Airtel Payments Bank2017New Delhi, Delhi
PayTM Payments Bank2017Noida, Uttar Pradesh
Fino Payments Bank2017Mumbai, Maharashtra
India Post Payments Bank2018New Delhi, Delhi
NSDL Payments Bank2018Mumbai, Maharashtra
Jio Payments Bank2018Mumbai, Maharashtra

Payments Banks in India and their Headquarters


1. Airtel Payments Bank

First of all we talk about Airtel Payments Bank. So for your information, let me tell you that its full name is Airtel Payments Bank Limited. It was launched on January 2017. The same Airtel Payments Bank is operated by India’s largest telecom company Airtel. The same is Sunil Bharti Mittal, the chairman and owner of this airtel payments bank. And the tagline of this airtel payments bank is “Banking Is Now At Your Fingertips India’s First Payment Bank”.

Headquarters – New Delhi

2. PayTM Payments Bank

Let’s talk about Paytm. So who does not know about Paytm in today’s time? This brand has made a place in the mind of the people. Vijay Shekhar Sharma is the chairman and owner of this Paytm Company and Paytm Payments Bank. The tagline of this Paytm Payments Bank is “Simplifying Payments For India”. The Headquarters of this bank Payment Bank is in Noida.

Headquarters – Noida

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3. Fino Payments Bank

Friends, this Fino Payments Bank was also launched on 4th April 2017. And the chairman and owner of this Fino Payments Bank is Mahendra Kumar Chouhan. The tagline of this payment bank is “Qadar Aapki Mehnat Ki”. And the Headquarters of this Digital Payments is in Mumbai. At present this bank has more than 25000 banking points across the country. It also works like other payments banks.

Headquarters – Mumbai

4. India Post Payments Bank

Like other payments bank, this India Post Payments Bank was also launched on 1st September 2018. This bank is operated by the Indian Post Service. Headquarters of this India Post Payments Bank is in New Delhi. The same is the chairman of this payments bank, Shri P. K. Bisoi. According to the same data, in December 2020, India Post Payments Bank Limited had more than 4 crore customers.

Headquarters – New Delhi


5. NSDL Payments Bank

If we talk about Payments Banks in India, then NSDL Payments Bank is also one of them. This NSDL Payments Bank is one of the best payments banks in India. This digital payments bank was launched in October 2018. The tagline of this bank is “Technology Trust and Reach”. Its Headquarters is in Mumbai. And the chairman of this NSDL Payments bank Mr. G. V. Nageswara Rao is.

Headquarters – Mumbai

6. Jio Payments Bank

If you are also searching for Best Payments Banks in India, then Jio Payments Bank is also one of them. This Jio Payments Bank is owned by Reliance Industries Limited. The tagline of this Jio Payments Bank is “YOUR EVERYDAY BANK For all of your payments, banking, and financial needs”. The chairman of this bank is “Vivek Bhandari”. And the Headquarters of this bank is in Mumbai.

Headquarters – Mumbai

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