FinTech

Overview

Maharashtra FinTech Policy aims to position Mumbai as a global fintech hub, supporting start-ups in digital finance, payments, lending and insurance.

Key highlights

  • Reimbursements on key expenses up to ₹10 lakh per year for 3 years.
  • 50% subsidy (up to ₹5 lakh) for international exhibitions and events.
  • Smart FinTech Centres with higher FSI and 24×7 operations.
  • Defined annual cycle for application, approval and disbursement.