India has reached near-universal banking coverage, with 99.92% of inhabited villages having a banking outlet within 5 km. Of 6,01,328 inhabited villages, 6,00,868 are served by a bank branch, Business Correspondent (BC) or India Post Payments Bank (IPPB) centre.
The network has over 1.81 lakh branches, 17.36 lakh BCs and 1.65 lakh IPPB centres. Under PMJDY, 58.77 crore accounts hold deposits of ₹3,12,414 crore (17 July 2026). RBI requires 25% of new branches to open in unbanked rural centres.