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IDRBT IBTIC Banking Technology Innovation Contest 2019

Organisation : The Institute for Development and Research in Banking Technology (IDRBT)
Contest Name : IBTIC Banking Technology Innovation Contest 2019
Applicable For : Individuals
Contest Deadline : January 15, 2019
Website :

Sponsored Links:
Have questions? Please ask at the bottom of this page.

IDRBT Banking Technology Innovation Contest

The Institute for Development and Research in Banking Technology (IDRBT) is a premier Institution focused exclusively on Banking Technology. Established by Reserve Bank of India, the Institute works at the intersection of Banking and Technology, focusing on research and development, which is useful for the Indian Banking and Financial Sector.

Related : DRDO Dare To Dream Contest 2019 :

Participation is being asked from individuals, banks, industries and academia to submit innovative ideas and solutions for the contest. The scope of the submission covers the entire technology gamut which has direct influence in banking and financial services.


Teams have to register on or before January 15, 2019. The Registration Fee is Rs. 2000/- per team. Pay the registration fee using NEFT. Please save the bank transfer receipt for future reference.

Bank account details have been given here:

Account Details
Name of the A/c Institute for Development & Research in Banking Technology (IDRBT)
Name of the Bank Axis Bank Ltd., Mehdipatnam Branch, Hyderabad
A/c No 426010100018823
Type of a/c Savings
IFSC Code UTIB0000426

Format of the Contest

Participating teams are required to submit a write-up on their proposed innovation highlighting the underlying technology, novelty, and its impact in the banking sector by January 15, 2019 to

A few teams will be shortlisted based on the applicability and quality of their submission. The shortlisted teams will be asked to present their innovations in front of an elite panel consisting of Senior Bankers, IT Professionals and Academicians.

Participating students, if any from shortlisted teams, will be reimbursed Third AC (subject to submission of a valid identity card from the educational institution] to and fro rail fare by the shortest route to attend the event.

The Subject of the mail should carry “Submission to IBTIC 2019”. The body of the email should contain the payment details (NEFT reference number and date of transaction). Also, please attach the NEFT receipt along with the email.

The submission should have the following content (as a pdf attachment)
Team Name
Team Members
Contact Details

Attractive Prizes

** 1st Prize: Rs. 60,000/-
** 2nd Prize: Rs. 45,000/-
** 3rd Prize: Rs. 30,000/-


IDRBT invites sponsors for IBTIC 2019 in the following three categories. The IBTIC 2019 will be conducted along with CIO (Chief Information Officer) Forum of the Banks. Thus, this event will be graced by IT Chiefs of Banks.

So, it can be a great opportunity to grab the attention of IT Heads of the Indian Banking and Financial Sector.

The sponsorship cost and benefits are as under:
Platinum Sponsor: Rs. 5 Lakhs
Gold Sponsor: Rs. 2.5 Lakhs
Silver Sponsor: Rs. 1 Lakh

Important Dates

** Last Date of Registration January 15, 2019
** Results of shortlisting: February 28, 2019
** Final Event: April 12, 2019

Institute for Development and Research in Banking Technology
Castle Hills, Road No.1, Masab Tank, Hyderabad – 500 057.

Telephone: +91 (40) 2329 4111
Fax: +91 (40) 2353 5157

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