The National Payments Corporation of India (NPCI), the backbone of India’s digital payments revolution, is embarking on a transformative journey with the announcement of its new 16-storey global headquarters at the prestigious Bandra Kurla Complex (BKC) in Mumbai. This ambitious project follows the successful acquisition of a prime land parcel from the Mumbai Metropolitan Region Development Authority (MMRDA) for a staggering Rs 829 crore, underscoring NPCI’s commitment to cementing its leadership in the global fintech landscape.
NPCI secured the much-coveted plot through a competitive bidding process, outpacing several major corporates for the 7,000-square-meter site in BKC’s G Block. The Rs 829 crore deal, finalized in July 2025, is one of the largest land transactions in Mumbai’s recent history and reflects the growing stature of NPCI as a world-class organization.
NPCI is the architect behind transformative platforms such as UPI (Unified Payments Interface), RuPay, Bharat BillPay, and FASTag, which have revolutionized how Indians transact. The new headquarters will serve as a symbol of India’s rapid progress in digital payments and financial inclusion.
A world-class headquarters will attract top tech talent, facilitate cutting-edge research, and provide a collaborative environment for developing next-generation payment solutions. It will also host global fintech delegations and foster knowledge exchange.
The project is expected to generate significant employment opportunities during construction and operation. It will also contribute to the ongoing transformation of BKC as a global financial hub, further elevating Mumbai’s status on the world stage.
Work on the 16-storey tower is set to begin in late 2025, with completion targeted for 2028. The new headquarters will accommodate NPCI’s growing teams and support its expanding portfolio of products and services, including international payment corridors and digital identity initiatives. NPCI plans to engage with industry partners, regulators, and global fintech leaders to shape the future of digital payments from its new base.
NPCI’s decision to invest Rs 829 crore in a landmark headquarters at BKC, Mumbai, marks a defining moment for India’s fintech sector. As the organization gears up to move into its new global hub, it is poised to drive the next wave of innovation, inclusion, and international collaboration in digital payments.