IFSCA FinTech Sandbox
Most globally oriented sandbox. Combined with 20-yr GIFT IFSC tax holiday, regime-level alpha for cross-border fintech.
Quick facts
- Ministry / Agency
- IFSCA (GIFT City)
- Funding
- Tax-holiday regime
- Stage
- mvp, early-revenue, growth
- Sector
- fintech
- Equity dilution
- Not applicable
- DPIIT recognition required
- No
- NRI / OCI eligibility
- Yes — NRI and OCI founders are eligible to apply.
Who is eligible
DPIIT-registered Indian fintechs OR foreign FATF-compliant entities
How to apply
IFSCA Sandbox is administered by IFSCA (GIFT City). Applications are submitted through the official portal — there are no application fees and you do not need to go through third-party intermediaries.
Apply on the official portalRelated schemes
Other schemes that often pair with IFSCA Sandbox or apply to a similar profile.
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SEBI Innovation + Regulatory Sandbox
Two-tier: Innovation Sandbox (offline) and Regulatory Sandbox (live). Securities-market focus.
IRDAI Insurance Sandbox
Insurance-only sandbox. Test new insurance products and intermediation models.
GIFT City IFSC — 20-Year Tax Holiday
20-year tax holiday (extended from 10 in Budget 2026-27). 100% NRI/OCI fund ownership. Zero capital gains for non-residents in Cat III AIFs.
Frequently asked questions
Who is eligible for IFSCA Sandbox?+
DPIIT-registered Indian fintechs OR foreign FATF-compliant entities
What is the funding amount under IFSCA Sandbox?+
Tax-holiday regime. Tax-holiday regime
Can NRI or OCI founders apply for IFSCA Sandbox?+
Yes — NRI and OCI founders are eligible to apply.
Does IFSCA Sandbox require DPIIT recognition?+
No — DPIIT recognition is not required for IFSCA Sandbox.
How do I apply for IFSCA Sandbox?+
Apply through the official portal at ifsca.gov.in. The scheme is administered by IFSCA (GIFT City).
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