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Abstract
Our Prime Minister Shri Narendra Modi launched Digital India campaign on Second July of 2015 with an aim to Make India cashless and paperless. But growth of this digital transformation was observed mainly after another important announcement of our Prime Minister on eighth September of 2017 i.e. ban of Gandhiji series currency notes of Rs. 500 and Rs. 1000, Demonetisation. It really helped in increasing the digital payment system, as government promoted and encouraged various digital payment modes to meet the problem of liquidity and cash deficiency. Old modes of digital payment NACHQ, CTS, NETC were replaced by new modes of digital payments like IMPS, AEPS, BBPS, UPI, BHIM. This paper aims to see the effect of demonetisation on digital system. In analysis I found that total amount of digital payment transactions were significantly increased. With this all individual modes of digital payment system has markable growth after demonetisation.