NFLAT 2017

NFLAT 2017

Last date to apply

November 22, 2016

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NFLAT National Financial Literacy Assessment Test is a first national level test conducted by National Centre for Financial Education (NCFE), to measure the level of financial awareness among the students of class VI to X. This test helps the students to obtain basic financial skills and holistic development of each student. NFLAT is for Class VI to X students. The test will assess the knowledge of the students on different financial factors such as Money Saving, Banking, Insurance, Investment etc.

The NFLAT will be conducted in two stages:

  • NFLAT Junior 2016-17: Students from 6th to 8th class will be count in this stage.
  • NFLAT 2016-17: Students of 9th and 10th class will be count in this stage

The NFLAT test will be conducted in both the mode i.e. Online (in school) and Offline (Pen and Paper) across the country in both the language English and Hindi. The last date to apply for the NFLAT (Online and Offline) is November 22, 2016.

NFLAT 2017

NFLAT Important dates



NFLAT Registration opens on

October 15, 2016

NFLAT Registration closes on

November 22, 2016

NFLAT Exam Date (First level)

November 25, 2016, to January 7, 2017 (Online Test)
December 1 to December 10, 2016 (Offline Test)

NFLAT Exam Date (Second Level)

February 1 to February 28, 2017

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NFLAT Eligibility Criteria

Gender  Any
Region  India
Class/ Age  From Class 6th to 10th 
Details The candidates from 6th to 10th class are eligible to apply for this test. There are no other special criteria required to apply for NFLAT 2017.

NFLAT Reward

The National Centre of Financial Education (NCFE), will distribute awards to the schools and the students according to the category of their positions. The awards details for students and schools are given in the table below:

For School and Students (Offline and Online)

National Winners

(School and Students)

School Winners

  • Cash reward of each school Rs 35,000 and a Shield/Trophy

Student Winners

  • Certificates, Medals & Laptops.

Regional Winners

(School and Students)

School Winners

  • Cash reward of each school Rs 25,000 and a Shield/Trophy

Student Winners

  • Certificates, Medals & Tablets/Kindles

Special Recognition

(School and Students)

All students who have appeared in the second round but failed to advance to the next shall be felicitated with a Certificate and Cash Rewards/Gift vouchers categorised as Certificate of Special Recognition and their respective schools would be felicitated with a Shield.

Certificate of Participation

All the remaining students participating in the test (NFLAT Jr. and NFLAT)

To be eligible for Second Round of Competition, school must have at least 200 students participated in the NFLAT Test 2016-17 (NFLAT & NFLAT Jr.)

NFLAT Application form and Process

The participants are required to fill the application form before the due date and submit their entry. The instructions for filling the application form is given below:

Apply Online Here 

  • The registration should be done by the school through online on the official website of NCFE.
  • Following to the school registration, details of the students interested in the test need to be added to the school irrespective of the mode of examination being online or offline
  • After completion of registration, the school shall be provided with an option to select slot & date of their choice for conducting the test in their premises
  • At last, the school needs to submit the entry

Submission of NFLAT Application Form

The School premises should ensure that the details filled in the application form are correct before the submission of application form. Participants should keep the screen shot or the photocopy of application form for future reference.

NFLAT Selection Process

After the first round of offline/online test, NISM/NCFE shall assemble the scores of all the appeared candidates for NFLAT. The study material is available online on the official website of the NCFE India. The participants are advised to get the study material from the website and start preparing and practising from the study material.

Schools from each zone shall be shortlisted on the basis of participation and performance of the respective students (6th to 10th Standard) appearing for the NFLAT and NFLAT Jr. Test. The School or Students who qualifies the round first will undergo for further selection rounds

NFLAT Second Round Selection Process

  • The shortlisted school shall nominate 2 students to appear for the next round of competition. 
  • The nominated students shall be called for the Regional Round Competition in which top 3 schools from each zone (i.e. 15 schools in total) will be declared as regional winners.
  •  The National Round Competition consists of advanced test and/or debate and/or quiz and/or presentation or combinations would be conducted among all the regional winners and top 3 schools will be declared as national winners.

NFLATExam Pattern

Particular NFLAT (9th & 10th Standard) NFLAT Jr. (6th to 8th Standard)
Fees No Fee: The test is completely free No Fee: The test is
completely free
Registration Mode Online Online
Venue Respective school as Test Centre Respective school as Test Centre
Duration of Examination 1 hour 1 hour
Medium of Examination English and Hindi English and Hindi
Number of Questions:  75 50
Type of questions Multiple choices with
combinations of
1-mark, 2-marks and
3-marks questions.
Multiple choice of 1-mark each.
Negative Marking Negative marking of 25%
for wrongly attempted questions i.e.,
-0.25 for 1-mark questions,
-0.5 for 2-marks questions,
-0.75 for 3-mark questions.
No Negative marking for NFLAT Jr.

NFLAT Address

NISM Bhavan,
Plot No. 82,
Sector 17, Vashi,
Navi Mumbai - 400 703

NFLAT Contact Details

Phone: 022-66735100-02  
Email: nflat@nism.ac.in

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Conducted by

National Centre of Financial Education

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