Saved at a bank or similar financial institution in India

India: Saved at a bank or similar financial institution was 23.8% in 2024. ▲ Rising

Latest (2024)
23.8%
Change on year
up 87.0%
World rank
26th
of 80 countries
All-time high
23.8%
in 2024
All-time low
11.6%
in 2011
Years of data
5
2011–2024

Saved at a bank or similar financial institution in India, 2011–2024

05101520252011201720242011: 11.6 % age 15+2014: 14.4 % age 15+2017: 19.6 % age 15+2021: 12.8 % age 15+2024: 23.8 % age 15+

Source: Global Findex Database. Measured in % age 15+.

Analysis

In 2024, saved at a bank or similar financial institution in India stood at 23.8%. That is the highest value across all 5 years on record.

The figure is up 87.0% on the previous year and up 66.1% over ten years.

Over the whole period, saved at a bank or similar financial institution in India peaked at 23.8% in 2024 and was at its lowest, 11.6%, in 2011.

That places India 26th out of 80 countries with data for 2024, putting it in the middle of the range.

Saved at a bank or similar financial institution in India, year by year

Annual values for Saved at a bank or similar financial institution (% age 15+) in India, 2011 to 2024.
Year % age 15+ Change
2011 11.6%
2014 14.4% +23.8%
2017 19.6% +36.5%
2021 12.8% -35.0%
2024 23.8% +87.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 15.2% 11.6% 19.6% 3
2020s 18.3% 12.8% 23.8% 2

Countries ranked near India

  1. 23 Romania 25.9% compare
  2. 24 Senegal 24.1% compare
  3. 25 Bosnia and Herzegovina 24.1% compare
  4. 27 Sri Lanka 23.2% compare
  5. 28 Argentina 23.1% compare
  6. 29 Indonesia 22.6% compare

See the full ranking of 90 places →

More reference data data for India

All data for India →

Frequently asked questions

What is saved at a bank or similar financial institution in India?
Saved at a bank or similar financial institution in India was 23.8% in 2024, according to Global Findex Database.
What is the highest saved at a bank or similar financial institution recorded in India?
The highest recorded value was 23.8% in 2024.
What is the lowest saved at a bank or similar financial institution recorded in India?
The lowest recorded value was 11.6% in 2011.
How does India rank for saved at a bank or similar financial institution?
India ranks 26th out of 80 countries with data for 2024.
Is saved at a bank or similar financial institution rising or falling in India?
Over the last ten years it is up 66.1%. The long-run trend across the full record is rising.
Where does this India data come from?
The figures come from Global Findex Database, published as part of Saved at a bank or similar financial institution (% age 15+). Statizoid updates them automatically from the source API.

Download this data

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

Share, cite or embed this page

Cite this page

Saved at a bank or similar financial institution in India. Statizoid, drawing on Global Findex Database. Retrieved 27 August 2026, from https://reference.statizoid.com/stat/saved-at-a-bank-or-similar-financial-institution-percent-age-15/india/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/saved-at-a-bank-or-similar-financial-institution-percent-age-15/india/">Saved at a bank or similar financial institution in India</a> — Statizoid

About this data

Indicator
Saved at a bank or similar financial institution (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
90 places, 450 data points, 2011–2024
Last refreshed

The percentage of respondents who report saving or setting aside any money at a bank or similar financial institution in the past year, (% age 15+)