Account ownership at a financial institution or with a in India

India: Account ownership at a financial institution or with a was 89.2% in 2024. ▲ Rising

Latest (2024)
89.2%
Change on year
up 15.1%
World rank
31st
of 106 countries
All-time high
89.2%
in 2024
All-time low
26.5%
in 2011
Years of data
5
2011–2024

Account ownership at a financial institution or with a in India, 2011–2024

204060802011201720242011: 26.5 % of population ages 15+2014: 43.1 % of population ages 15+2017: 76.6 % of population ages 15+2021: 77.6 % of population ages 15+2024: 89.2 % of population ages 15+

Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15+.

Analysis

India recorded 89.2% for account ownership at a financial institution or with a in 2024. That is the highest value across all 5 years on record.

The figure is up 15.1% on the previous year and up 106.9% over ten years.

Over the whole period, account ownership at a financial institution or with a in India peaked at 89.2% in 2024 and was at its lowest, 26.5%, in 2011.

India ranks 31st of 106 countries on this measure, in the middle of the range.

Account ownership at a financial institution or with a in India, year by year

Annual values for Account ownership at a financial institution or with a mobile-money-service provider, female (% of population ages 15+) in India, 2011 to 2024.
Year % of population ages 15+ Change
2011 26.5%
2014 43.1% +62.8%
2017 76.6% +77.7%
2021 77.6% +1.2%
2024 89.2% +15.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 48.8% 26.5% 76.6% 3
2020s 83.4% 77.6% 89.2% 2

Countries ranked near India

  1. 28 Croatia 92.1% compare
  2. 29 Slovakia 91.1% compare
  3. 30 Czechia 89.7% compare
  4. 32 China 89.2% compare
  5. 33 Malaysia 88.2% compare
  6. 34 Portugal 88.2% compare

See the full ranking of 118 places →

More financial sector data for India

All data for India →

Frequently asked questions

What is account ownership at a financial institution or with a in India?
Account ownership at a financial institution or with a in India was 89.2% in 2024, according to Global Findex Database, World Bank (WB).
What is the highest account ownership at a financial institution or with a recorded in India?
The highest recorded value was 89.2% in 2024.
What is the lowest account ownership at a financial institution or with a recorded in India?
The lowest recorded value was 26.5% in 2011.
How does India rank for account ownership at a financial institution or with a?
India ranks 31st out of 106 countries with data for 2024.
Is account ownership at a financial institution or with a rising or falling in India?
Over the last ten years it is up 106.9%. The long-run trend across the full record is rising.
Where does this India data come from?
The figures come from Global Findex Database, World Bank (WB), published as part of Account ownership at a financial institution or with a mobile-money-service provider, female (% of population ages 15+). Statizoid updates them automatically from the source API.

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Account ownership at a financial institution or with a in India. Statizoid, drawing on Global Findex Database, World Bank (WB). Retrieved 09 September 2026, from https://financial-sector.statizoid.com/stat/account-ownership-at-a-financial-institution-or-with-a-mobile-money-service-provider-3/india/

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<a href="https://financial-sector.statizoid.com/stat/account-ownership-at-a-financial-institution-or-with-a-mobile-money-service-provider-3/india/">Account ownership at a financial institution or with a in India</a> — Statizoid

About this data

Indicator
Account ownership at a financial institution or with a mobile-money-service provider, female (% of population ages 15+)
Unit
% of population ages 15+
Source
Global Findex Database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
118 places, 590 data points, 2011–2024
Last refreshed

Account denotes the percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution or report personally using a mobile money service in the past 12 months (female, % age 15+).