Public-sector banks’ debit-card maintenance collections rise 94% in five fiscal years
India’s public-sector banks collected ₹7,563.8 crore in debit-card annual maintenance charges in FY2025-26, versus ₹3,905.5 crore in FY2021-22. Average maintenance fees per card rose 88.8% to about ₹115.1.
Debit-card maintenance charges collected by India’s public-sector banks nearly doubled in five years, while minimum-balance fee collections rose 27%. Private banks drove higher low-balance charges, though 10 of 12 public-sector banks have removed savings-account penalties.
Why this matters
With no related recent signals provided, this is the available benchmark: Indian public sector banks’ debit-card maintenance collections rose 94% over five fiscal years, alongside an 88.8% rise in average fees per card.
Retail-company is accelerating, up 259180% QoQ.