Provided by: Maharashtra Finance Dept
Verified by our research team on 8 Jul 2026
Funding Support
₹1 Cr Grant + 9% subvention
Application Deadline
31 Oct 2026
Official Website
Not listed
The Maharashtra Finance Dept. offers a direct grant for product development and an interest subvention on bank loans for Fintech startups based in specific cities. Mumbai Fintech Hub was established under Maharashtra's 2018 fintech policy, the first dedicated state fintech policy in India, built around five pillars: access to capital, open innovation, ecosystem catalysis, global market access, and fintech talent. Beyond the direct grant and interest subvention, MFH also runs an API sandbox, a multi-partner accelerator cohort, and a government proof-of-concept program for participating startups.
Startup Stage
All stages
Industry Sectors
All sectors
State Limitation
Pan-India
DPIIT & MSME Recognition
DPIIT Required • MSME Not Mandatory
Up to ₹12 Lakhs
Odisha Startup Incentive Support
₹20,000/month for one year; category-linked higher support may apply
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