IFSCA Fintech Incentive Scheme
Grants of up to ₹75 lakh for fintechs building at GIFT IFSC — sandbox, PoC, listing, accelerator and green fintech windows.
What you get
Startup grant up to ₹15 lakh · PoC up to ₹50 lakh · sandbox up to ₹30 lakh · green fintech up to ₹75 lakh
Nodal ministry
International Financial Services Centres Authority (IFSCA)
Support type
Grant
Best suited for
Prototype / PoC · Seed / Early Stage
Typical timeline
Rolling, per IFSCA's application process
What this scheme actually is
IFSCA's Fintech Incentive Scheme is built to make GIFT City a genuine fintech hub, and it is unusually generous for a regulator-run programme. Five separate grant categories cover the fintech journey from idea to market — and the Green FinTech Grant at ₹75 lakh is the largest single fintech grant available in India.
What the scheme sets out to do
Who can apply
What you get
How to apply, step by step
- 1
Decide your relationship with GIFT IFSC
The scheme supports both entities operating in the IFSC and those engaging with it. The route you choose has regulatory and tax consequences — settle it before applying.
- 2
Map to the right grant category
Startup grant, PoC, sandbox, green fintech or accelerator. They are separate applications with different evidentiary requirements.
- 3
Prepare the regulatory case
Fintech applications are assessed by a financial-services regulator. Compliance architecture, data handling and consumer-protection design carry real weight.
- 4
Apply per IFSCA's published process
Details are at ifsca.gov.in under How To Apply.
What we actually do on a scheme mandate
Services this usually needs
No consultant can guarantee a sanction — that decision sits with the evaluating committee, bank or incubator. We commit to an honest eligibility view, an application built to the evaluator’s format, filing inside the window and a documented follow-up cadence. That is stated in every engagement letter we sign.