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Pitch 2 SBI Hackathon

Introducing the Pitch 2 SBI Hackathon, a dynamic initiative organized by the State Bank of India. This exceptional hackathon is dedicated to exploring the realms of bank security and financial risk and is powered by Hack2skill. Our main objective for this hackathon is to foster innovative solutions that will revolutionize the banking industry, bringing about meaningful changes in the lives of customers and driving positive transformation across the financial sector mainly focusing on fraud risk management.

This is an extraordinary opportunity for you to be part of something remarkable to change the future of the banking sector!

We firmly believe that by utilizing the collective brilliance of everyone, we can create transformative solutions that will redefine the banking landscape for the better. Join us as we embark on this exciting journey to shape the future of banking together.

Register Now


Registrations Open

August 16th, 2023

Registrations Close

August 28th, 2023

Submission Close

August 28th, 2023

Finale Team Announcements

August 29th, 2023

Grand Finale Presentations (Demo Day) & Winner Announcement

September 1st, 2023

Winner Felicitation at GFF (Global Fintech Fest 2023)

September 05th, 2023

Problem Statements/Challenges

Real-Time High Scale Financial Fraud Risk Management


Employ state-of-the-art fraud risk management approach designed for real time payments and transaction systems, consisting of processes and technologies to meet increasing consumer and business expectations while managing financial crime risk effectively at scale.


The speed of movement of money domestically as well as internationally has been on an ever-increasing mode with the advent of disruptive payment systems, technologies and frameworks such as IMPS, UPI, ONDC and cross-border money transfers and payment linkages among others. Unfortunately, as the speed of payments increases along with real-time settlement, financial crime risks are on the rise at an appalling pace in terms of number and types. The present challenge that large financial companies are facing is to provide real-time payment services securely with continual increase in payment transactions and payment channels while being agile in fraud prevention and responding fast to fraud detection. Financial institutions want a fraud solution to help them make timely decisions that significantly improve fraud detection rates, reduce false positives, optimize operational costs, and drive efficiency and customer satisfaction. The goal of this challenge is to have in place tools, models and frameworks which leverage data and analytics and use AI / ML technologies to prevent, detect, learn from and mitigate financial fraudulent activities and /or attacks at real time, while delivering a seamless and delightful digital banking, digital payments or any other financial activity experience.

Digital loan processing of an NTB Business customer other than a proprietor


Create an entirely digital solution for application, documentation and disbursement of a business loan seamlessly by a corporate customer other than a proprietor. 


  • End to end digital journey for sanction and disbursement of a loan is presently not available for a corporate customer or a partnership concern due to issues pertaining to verification of documents like MoA, AoA, Board Resolution, Partnership Deed etc.
  • While MoA and AoA can be verified from the MCA website, the problem remains for verifying Board resolution in case of a Corporate and Partnership Deed in case of a Partnership Concern especially where the partnership deed is not registered.
  • We need a solution wherein there is a direct integration with MCA for verification of documents and Board resolutions/similarly with an authority wherein partnership deeds are registered

  End to end digitised Agri-lending


To provide STP digital journey for customers to avail Agri loans.


Major challenges in end-to-end digital lending for agricultural customer segment are:

  • Land records of most of the states are in vernacular language. It's a big hurdle to have a 100% land record match with bank records, to ascertain the correct title holder of the property. Solution is required for verification and authentication of land records of respective States.
  • In most cases, land records are not linked with any common proof of identification of the customers, making it further difficult to undertake STP process for digital agri loan sanction.
  • Integration with State Government land records and common identifier enabling the Bank in credit decisioning.

Rewards and benefits

The winner may be considered by SBI for suitable associations in some of its projects/committees/Working Groups etc.

  • 1,00,000


    Team Name: Teal
    Participant/s: Kshitij Batra
    Organisation/ Institution: Teal
  • 50,000

    1st RunnerUp

    Team Name: Makspay Fintech
    Participant/s: Shiva Prasad, Bhagyesh Vijay Motkar, Kavitha Palancha, Ravi Kala
    Organisation/ Institution: MAKSPay Fintech Solutions Private Limited
  • 25,000

    2nd RunnerUp

    Team Name: Blockcoder
    Participant/s: Mohit Sharma
    Organisation/ Institution: SRMCEM

Frequently Asked Questions

Who can participate in the Pitch to SBI Hackathon?

This hackathon is open to Students, technologists, startups, freelancers, and the professional developer communities.

Do participants need to present a fully functional idea?

The entry should be functional for review by the judges.

What is the cost of participating in the Pitch to SBI Hackathon?

There is no participation fee.

As it is an online hackathon, is it acceptable to show only the prototype?

Yes, participants are required to submit a prototype. For eg., If you use any database like SQL Server or PostgreSQL you can also submit a database dump along with your submission.

How do I know my registration is confirmed and when to start the development phase?

The organizing team will approve and confirm your participation. Shortlisted teams will receive a confirmation email and it will reflect on the user dashboard.

If it is a team submission, does that mean all team members will have access to work at the same time?

Yes, all team members can login from their account and submit application.

Terms & Conditions


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