Share of adults with an account at a financial institution in India

India: Share of adults with an account at a financial institution was 89.0% in 2024. ▲ Rising

Latest (2024)
89.0%
Change on year
up 14.8%
World rank
37th
of 115 countries
All-time high
89.0%
in 2024
All-time low
35.2%
in 2011
Years of data
5
2011–2024

Share of adults with an account at a financial institution in India, 2011–2024

0204060802011201720242011: 35.2 % age 15+2014: 53.1 % age 15+2017: 79.9 % age 15+2021: 77.5 % age 15+2024: 89 % age 15+

Source: Global Findex Database - World Bank (2026) – processed by Our World in Data. Measured in % age 15+.

Analysis

India recorded 89.0% for share of adults with an account at a financial institution in 2024. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 14.8% on the previous year and up 67.5% over ten years.

Over the whole period, share of adults with an account at a financial institution in India peaked at 89.0% in 2024 and was at its lowest, 35.2%, in 2011.

India ranks 37th of 115 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 56.1% 35.2% 79.9% 3
2020s 83.3% 77.5% 89.0% 2

Countries ranked near India

  1. 34 Mauritius 89.6% compare
  2. 35 China 89.4% compare
  3. 36 Israel 89.3% compare
  4. 38 Malaysia 88.7% compare
  5. 39 Greece 88.6% compare
  6. 40 Ukraine 87.6% compare

See the full ranking of 115 places →

More reference data data for India

All data for India →

Frequently asked questions

What is share of adults with an account at a financial institution in India?
Share of adults with an account at a financial institution in India was 89.0% in 2024, according to Global Findex Database - World Bank (2026) – processed by Our World in Data.
What is the highest share of adults with an account at a financial institution recorded in India?
The highest recorded value was 89.0% in 2024.
What is the lowest share of adults with an account at a financial institution recorded in India?
The lowest recorded value was 35.2% in 2011.
How does India rank for share of adults with an account at a financial institution?
India ranks 37th out of 115 countries with data for 2024.
Is share of adults with an account at a financial institution rising or falling in India?
Over the last ten years it is up 67.5%. 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 (2026) – processed by Our World in Data, published as part of Share of adults with an account at a financial institution. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Share of adults with an account at a financial institution
Unit
% age 15+
Source
Global Findex Database - World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
115 places, 575 data points, 2011–2024
Last refreshed

The share of respondents aged 15 and older, who report having an account (by themselves or with someone else) at a bank or another type of financial institution.