The trend shows that the use of mobile banking in India is in increasing state. For more on mobile banking visit https://www.sesameindia.com/images/mobile-banking-in-india-is-rising

1. MOBILE BANKING IN INDIA IS RISING
Check out these statistics!
India ranks number
in mobile banking penetration across the world.
0%
10%
20%
30%
40%
50%
60%
70%
CHINA
SAFRIKA
SKOREA
SINAPORE
INDIA
BRAZIL
KENYA
SWEDEN
NIGERIA
THAILAND
RUSSIA
SPAIN
US
AUSTRALIA
UK
FRANCE
CANADA
JAPAN
GLOBAL
Mobile Banking Penentration
4
Popularity of Mobile Banking in India
Today
50%
Today, mobile banking users in
India account for over 50% of
its population.
AGE 30
India
AGE 32AGE 30 AGE 39
EuropeUSIndia
Top mobile banking apps
India has the youngest population of mobile banking users
with an average age of 30, as compared to 32 in the US and
39 in Europe.
5
State Bank Freedom
Axis Mobile in India
Baroda M-connect
State Bank Freedom
HDFC Bank mobile app
iMobile from ICICI Bank
64% 57% 12%
64% of users preferred
smartphone apps for banking
12% of users preferred
SMS services
57% of users preferred
mobile websites
Banking app preference
Source: KPMG and UBS
Source: Cognizant Business Consulting Report 2013
Source: UBS evidence lab
70%
80%
90%
0%
10%
20%
30%
40%
50%
60%
Download
banking apps
Deposit
cheques
Pay bills Check
statements
& transaction
history
Fund transfer
in own
accounts
Check balance
Type of Banking activities performed on mobile devices
Mobile bankers Non-mobile bankers
Source: Neilsen Report 2015
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