Centre for Digital Financial Inclusion (CDFI)

To use technology to transform the country’s flagship benefit transfer programs and open doors for the poor into the financial mainstream.

Enabling Financial Inclusion

Centre for Digital Financial Inclusion (CDFI)

The Centre for Digital Financial Inclusion (CDFI) is an innovation and research centre at the Institute for Financial Management and Research (IFMR), which is an academic institute established in 1970 and headquartered in Chennai. CDFI was established in September 2014 with funding support from Bill & Melinda Gates Foundation, Michael and Susan Dell Foundation and Omidyar Network. 

CDFI’s objective and focus has been on using technology to empower the poor & excluded with tools / information and developing mechanisms to sustain and scale such solutions. Over the years, CDFI has developed, supported, scaled and sustained award-winning innovative digital solutions for the social sector that have impacted significant no. of citizens across the country. These solutions are driving large scale projects at the national and state level in areas such as Direct Benefit Transfers, Health & Nutrition, Education, Agriculture, Rural Development, Livelihood, Awareness & Outreach, and Social Protection.

CDFI's Partners

CDFI’s role is to identify catalytic opportunities and to fund innovations, research, and advocacy efforts to unlock opportunities in the social sector. For this purpose, it partners with the Government, both at the Centre and the State.

Given that its focus area includes agriculture and food, rural development, health and nutrition, education, banking, MSME and governance, partnerships in these areas with government ministries and departments are being created.

Commercial partners such as major banks, MNOs, third-party business correspondents, and entrepreneurs developing innovative digital financial services are also crucial for fulfilling the mandate of CDFI.

Domains of CDFI work