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NFLQ 2026: NISM-SEBI financial literacy quiz, cash prizes up to Rs 1.5 lakh for college students

By AiCoN | Published 17 October 2026 | Sources checked 17 October 2026

The National Financial Literacy Quiz (NFLQ) 2026, run by NISM with SEBI, is open for undergraduate and postgraduate students across India. The online round is live now. Cash prizes go up to Rs 1.5 lakh for the national winners in each category, with separate prizes for UG and PG students, and no participation fee.

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Good to knowThe online round is only the introductory stage. To reach the regional and national rounds, your college must take part in the College Round - colleges contact NISM directly to enrol. The site has not announced a closing date for the online round, and its rules page needs a login, so confirm current dates with your college coordinator or NISM before planning. Parts of the site still show last year's dates.

Prizes (UG and PG separately)

National Grand Finale: 1st Rs 1,50,000, 2nd Rs 1,00,000, 3rd Rs 60,000
Regional rounds: 1st Rs 40,000, 2nd Rs 30,000, 3rd Rs 20,000
College Round: prizes worth up to Rs 15 lakh in total
Participation certificates at all rounds

How it runs

Round 1 - online quiz: 40 multiple-choice questions in 45 minutes, no negative marking, one attempt per person
College Round: conducted inside campuses; this round is mandatory to progress further
Regional rounds in six zones - East, West, North, South, Central and North-East
National Grand Finale at the NISM campus, Patalganga, near Navi Mumbai

Who can take part

Students who have finished 10+2 and are enrolled in any UG or PG course at a recognised Indian college or university
UG and PG students compete in separate categories
Part-time and distance education students are not eligible
Past regional and national winners of NISM quizzes are not eligible

Status update: registration is closed

Checked 19 October 2026: the official NFLQ portal no longer offers registration - the College Round prize winners have been announced and regional qualifiers (for example, the South Regional Qualifiers) are being announced. The National Grand Finale is at the NISM Campus on 28-29 November 2026. New entries are no longer possible; this guide is kept for participants following the remaining rounds and for future editions.

NFLQ 2026 official page announcing the National Grand Finale at NISM Campus on 28-29 November with College Round winners and regional qualifier updates — The official NFLQ page on 19 October 2026: Grand Finale announced for 28-29 November, College Round winners and regional qualifiers being announced - registration is closed. Screenshot of the official NISM portal (mobile view).

How registration worked

Colleges registered on nflq.nism.ac.in first - college registration came before student registration.
Students then registered on the same portal and took the online quiz.
Colleges that wanted to join the College Round could contact NISM on 7305844844 or nflq@nism.ac.in.

We read the NISM launch note (1 January 2026), the NFLQ homepage, FAQ and About pages on 17 October 2026. The homepage confirms the online round is live now. The rules page requires a login, so detailed 2026 rules could not be read; eligibility points above are from the site's published FAQ.

Sources: NISM-SEBI launch note, NFLQ portal. Checked 17 October 2026; closure verified on the official page on 19 October 2026. This is an AiCoN explainer, not a government publication.