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Fintech Centre of Excellence at NSRCEL with HDFC Bank Parivartan

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Milestone-based grants and capacity-building for early to growth-stage fintech startups fostering financial inclusion in India, powered by NSRCEL IIM Bangalore and HDFC Bank Parivartan.

Funding amount
Varies by program
Funding type
Grant
Provider
NSRCEL, IIM Bangalore (Academic)
Application deadline
Rolling
Eligible stage
Any stage
Location
Open to startups registered in India

Overview

The Fintech Centre of Excellence is an impact-focused initiative established by NSRCEL at IIM Bangalore in partnership with HDFC Bank Parivartan, the CSR arm of HDFC Bank. The program is designed to support fintech startups that are working to expand access to banking, strengthen financial inclusion, and solve meaningful financial challenges across diverse population segments in India.

Selected startups receive milestone-based grant support along with structured capacity-building to strengthen their business models, improve market access, and ensure long-term sustainability. The initiative supports innovation across a wide range of fintech domains, including lending, payments, insurance, wealthtech, regtech, and allied areas, with a strong emphasis on technology-driven impact. It is particularly focused on ventures that address financial challenges faced by underserved or diverse groups, helping to bridge gaps in financial services across India.

Highlights

  • Early to growth-stage fintech startups in India are eligible to apply.
  • Focus on financial inclusion: banking, payments, credit, savings, insurance, wealthtech, regtech, and allied domains.
  • Selected startups receive milestone-based grant support (amount varies).
  • Structured capacity-building to strengthen business models, market access, and sustainability.
  • Run by NSRCEL, IIM Bangalore in partnership with HDFC Bank Parivartan (the CSR arm of HDFC Bank).
  • Impact-driven ventures addressing needs of underserved population segments are prioritised.

Who can apply

Startups at the early to growth stage operating in India are invited to apply. They must be working on fintech solutions related to banking, payments, credit, savings, insurance, wealth management, regtech, or financial literacy. Solutions must leverage technology to improve financial access, inclusion, efficiency, or innovation. Impact-driven ventures that address financial challenges for underserved or diverse population segments are particularly sought.

Fintech Centre of Excellence at NSRCEL with HDFC Bank Parivartan is open to startups at any stage. It is open to startups registered anywhere in India.

Eligible stage
Any stage
Location
Open to startups registered in India

Deadline & timing

Fintech Centre of Excellence at NSRCEL with HDFC Bank Parivartan accepts applications on a rolling basis — there is no fixed cut-off date, so eligible startups can apply at any time. Because rolling programmes can pause without notice, confirm the window is still open on the official site before you start.

What the funding covers

Selected startups receive milestone-based grant support. The amount of the grant is not specified and may vary. In addition to funding, startups benefit from structured capacity-building programs designed to strengthen business models, improve market access, and enable long-term sustainability. The specific benefits are tailored to help fintech startups scale their impact in financial inclusion.

About the provider

Fintech Centre of Excellence at NSRCEL with HDFC Bank Parivartan is offered by NSRCEL, IIM Bangalore, an academic institution. It is delivered directly by NSRCEL, IIM Bangalore as a grant. You can verify current details and timelines on the provider's official website before applying.

Documents you’ll need

Before you apply to Fintech Centre of Excellence at NSRCEL with HDFC Bank Parivartan, keep the following documents ready:

  • A pitch deck or short business plan describing the problem, product and traction
  • Company registration documents and PAN
  • Founder identification (PAN / Aadhaar) and brief profiles
  • Recent financial statements or projections
  • Product details — a demo, prototype or working link if available

Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.

Frequently asked questions

What kind of funding does the program offer?

The program offers milestone-based grant support to selected startups. The specific grant amount is not disclosed and may vary based on the startup's stage and needs.

What is the application deadline?

The deadline for applications is not specified on the program page. We recommend checking the application portal regularly or contacting NSRCEL directly for updates.

What stage of startups are eligible?

The program invites early to growth-stage fintech startups operating in India.

Which sectors or industries are supported?

The program supports fintech startups working across banking, payments, credit, savings, insurance, wealth management, regtech, and allied fintech domains. Solutions must leverage technology to improve financial access, inclusion, efficiency, or innovation.

Do I need to be DPIIT or MSME registered?

There is no mention of DPIIT or MSME registration as a requirement for this program. However, ensuring compliance with standard startup registration norms is advisable.

Does the program take equity in my startup?

No, the program provides grants, which are non-dilutive. This means recipients do not have to give up any equity in exchange for the grant.

Where can I apply?

Applications are submitted online through the official application portal: https://parivartan.accubate.app/ext/form/13799/1/apply?source=startupgrantsindia.com&ref=startupgrantsindia.com

What documents are typically required for the application?

The required documents are not listed on the source page. Typically, such programs may ask for a pitch deck, proof of incorporation, and information on the founding team and impact. You should check the application portal for a detailed list of requirements.

Who is eligible to apply for Fintech Centre of Excellence at NSRCEL with HDFC Bank Parivartan?

Fintech Centre of Excellence at NSRCEL with HDFC Bank Parivartan is open to startups at any stage. It is open to startups registered anywhere in India.

Who offers Fintech Centre of Excellence at NSRCEL with HDFC Bank Parivartan?

Fintech Centre of Excellence at NSRCEL with HDFC Bank Parivartan is offered by NSRCEL, IIM Bangalore, an academic institution. It is provided as non-dilutive funding.

How do I apply for Fintech Centre of Excellence at NSRCEL with HDFC Bank Parivartan?

Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.

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